Appendix
Schedule 3 - Consolidated Schedule of Tangible Capital Assets
June 17, 2025Page 1422 sections
An audit of the Town's tangible capital assets for 2024, including land, buildings, and engineering structures.
Total Net Book Value: $123,278,431Total Asset Additions in 2024: $5,791,032Asset disposals/write-downs: $650,365
Schedule 3
Page 142
Town of View Royal
Consolidated Schedule of Tangible Capital Assets
Year ended December 31, 2024
| Land | Land Improvements | Buildings | Vehicles, Machinery & Equipment | Roads (Engineering Structures) | Drainage (Engineering Structures) | Sewer (Engineering Structures) | Work in Progress | West Shore | 2024 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost | |||||||||||
| Balance, beginning | $ 43,479,637 | $ 6,548,841 | $ 10,811,972 | $ 9,546,208 | $ 63,270,138 | $ 22,825,615 | $ 12,824,259 | $ 1,524,386 | $ 10,022,469 | $ 180,853,525 | $ 178,617,268 |
| Additions | - | 83,826 | 51,051 | 1,322,416 | 3,410,559 | 366,947 | 30,007 | 281,444 | 244,782 | 5,791,032 | 3,222,520 |
| Disposals or write-downs | - | - | (106,881) | (229,089) | - | - | - | - | (314,395) | (650,365) | (544,057) |
| Completed during year | - | - | - | - | - | - | - | (1,037,169) | - | (1,037,169) | (442,206) |
| Balance, ending | 43,479,637 | 6,632,667 | 10,756,142 | 10,639,535 | 66,680,697 | 23,192,562 | 12,854,266 | 768,661 | 9,952,856 | 184,957,023 | 180,853,525 |
| Accumulated amortization | |||||||||||
| Balance, beginning | - | 3,467,353 | 3,605,184 | 5,183,726 | 33,063,514 | 5,965,424 | 3,813,711 | - | $ 3,570,964 | $ 58,669,876 | $ 55,785,691 |
| Current year amortization | - | 278,570 | 221,651 | 552,920 | 1,640,853 | 270,970 | 136,466 | - | 212,636 | 3,314,066 | 3,164,434 |
| Accumulated amortization on disposals or write-downs | - | - | (37,281) | (199,323) | - | - | - | - | (68,746) | (305,350) | (280,249) |
| Balance, ending | - | 3,745,923 | 3,789,554 | 5,537,323 | 34,704,367 | 6,236,394 | 3,950,177 | - | 3,714,854 | 61,678,592 | 58,669,876 |
| Net book value | $ 43,479,637 | $ 2,886,744 | $ 6,966,588 | $ 5,102,212 | $ 31,976,330 | $ 16,956,168 | $ 8,904,089 | $ 768,661 | $ 6,238,002 | $ 123,278,431 | $ 122,183,649 |
Page 142
Extracted from: 2025 06 17 Council Agenda - Agenda - Pdf