Wednesday, February 13, 2008

Capital Assets

According to the Statement of Net Assets (report page#26) found in the city's CAFR, the Electric Fund has non-depreciable capital assets of $ 1,672,303.

Does anybody have any idea what these assets could be?

2 comments:

GeeGuy said...

My guess is that they have capitalized their startup expenses. But it's just a guess.

Sandra Guynn said...

Never gave that a thought.