Special Council/Documents/Schedule 3 - Consolidated Schedule of Tangible Capital Assets Year ended December 31, 2021
Appendix
Schedule 3 - Consolidated Schedule of Tangible Capital Assets Year ended December 31, 2021
June 28, 2022Page 751 section
Financial schedule documenting the cost, additions, and amortization of the Town's capital assets.
Total Net Book Value of Capital Assets (2021): $130,429,2012021 Asset Additions: $3,384,386Land value: $49,876,492
Town of View Royal
Consolidated Schedule of Tangible Capital Assets
Year ended December 31, 2021
Schedule 3
| Cost | Land | Land Improvements | Buildings | Vehicles, Machinery & Equipment | Engineering Structures: Roads | Engineering Structures: Drainage | Engineering Structures: Sewer | Work in Progress | West Shore | 2021 | 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance, beginning | 49,852,783 | 5,716,170 | 10,454,993 | 7,070,935 | 61,782,714 | 22,589,204 | 12,705,056 | 1,582,135 | 9,904,204 | $ 181,658,194 | $ 179,331,002 |
| Additions | 157,855 | 123,206 | 71,165 | 1,721,063 | 406,325 | 120,909 | 38,446 | 147,527 | 597,890 | 3,384,386 | 2,655,883 |
| Disposals or write-downs | (134,146) | - | - | (89,313) | - | - | - | (21,342) | - | (244,801) | (174,531) |
| Completed during year | - | - | - | - | - | - | - | (1,430,510) | - | (1,430,510) | (154,160) |
| Balance, ending | 49,876,492 | 5,839,376 | 10,526,158 | 8,702,685 | 62,189,039 | 22,710,113 | 12,743,502 | 277,810 | 10,502,094 | 183,367,269 | 181,658,194 |
| Accumulated amortization | Land | Land Improvements | Buildings | Vehicles, Machinery & Equipment | Engineering Structures: Roads | Engineering Structures: Drainage | Engineering Structures: Sewer | Work in Progress | West Shore | 2021 | 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance, beginning | - | 2,677,602 | 2,975,196 | 4,243,082 | 28,246,471 | 5,165,098 | 3,426,046 | - | 3,347,230 | $ 50,080,725 | $ 47,059,241 |
| Current year amortization | - | 247,275 | 205,083 | 375,769 | 1,591,976 | 263,976 | 147,445 | - | 194,101 | 3,025,625 | 3,133,093 |
| Accumulated amortization on disposals or write-downs | - | - | - | (86,300) | - | - | - | - | (81,982) | (168,282) | (111,609) |
| Balance, ending | - | 2,924,877 | 3,180,279 | 4,532,551 | 29,838,447 | 5,429,074 | 3,573,491 | - | 3,459,349 | 52,938,068 | 50,080,725 |
| Net book value | $ 49,876,492 | $ 2,914,499 | $ 7,345,879 | $ 4,170,134 | $ 32,350,592 | $ 17,281,039 | $ 9,170,111 | $ 277,810 | $ 7,042,745 | $ 130,429,201 | $ 131,577,469 |
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Extracted from: 2022 06 28 Special Council Agenda - Agenda - Pdf