Regular Board Meeting - April 19, 2017

Capital Assets, Net of Depreciation June 30, 2016

BALANCE BALANCE 06/30/2015 06/30/2016

Depreciable Assets

Vehicles Buildings

$1,148,297 $ 1,148,297

1,410,466

1,410,466

Equipment, Admin Equipment, Fire

166,179

166,179

679,986 679,986

Total Historical Costs

3,404,928 3,404,928

Less Accumulated Depreciation

Vehicles

1,133,767

1,141,719

Buildings

666,026 141,408

706,776 153,191

Equipment, Admin Equipment, Fire

605,172 622,881

Less: Total Accumulated Depreciation

2,546,373 2,624,567

Depreciable

Capital Assets, Net

858,555

780,361

Non-Depreciable Assets

Land

0 0

Capital Assets, Net

$858,555 $ 780,361

Long Term Debt The District is subject to general economic conditions such as increases or declines in property tax value or other types of revenues that vary with economic conditions. DRAFT Outstanding Debt At the end of the current fiscal year, the District had no outstanding debt. Factors Affecting Future Results