Appendix
Schedule 3 - Consolidated Schedule of Tangible Capital Assets
July 4, 2023Page 1862 sections
A financial schedule detailing the town's tangible capital assets, including land, buildings, and engineering structures for the year ended December 31, 2022.
Total net book value of assets: $122,831,577Total cost balance ending 2022: $178,617,273Date: December 31, 2022
Schedule 3
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Town of View Royal
Consolidated Schedule of Tangible Capital Assets
Year ended December 31, 2022
| Land | Land Improvements | Buildings | Vehicles, Machinery & Equipment | Engineering Structures: Roads | Engineering Structures: Drainage | Engineering Structures: Sewer | Work in Progress | West Shore | 2022 | 2021 (Restated - Note 21) | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost | |||||||||||
| Balance, beginning | $ 49,876,492 | $ 5,979,480 | $ 10,526,158 | $ 8,702,685 | $ 62,766,705 | $ 22,779,093 | $ 12,769,593 | $ 277,810 | $ 10,502,094 | $ 184,180,110 | $ 181,658,194 |
| Additions | - | 206,304 | 31,445 | 223,655 | 426,855 | 19,256 | - | 608,370 | 118,118 | 1,634,003 | 4,439,802 |
| Disposals or write-downs | (6,396,854) | - | - | (178,026) | - | - | - | - | (599,533) | (7,174,413) | (487,376) |
| Completed during year | - | - | - | - | - | - | - | (22,427) | - | (22,427) | (1,430,510) |
| Balance, ending | 43,479,638 | 6,185,784 | 10,557,603 | 8,748,314 | 63,193,560 | 22,798,349 | 12,769,593 | 863,753 | 10,020,679 | 178,617,273 | 184,180,110 |
| Accumulated amortization | |||||||||||
| Balance, beginning | - | 2,944,366 | 3,180,279 | 4,532,551 | 29,892,826 | 5,432,113 | 3,574,002 | - | 3,459,349 | $ 53,015,486 | $ 50,080,725 |
| Current year amortization | - | 252,858 | 210,728 | 433,357 | 1,626,310 | 266,401 | 143,562 | - | 217,829 | 3,151,045 | 3,103,043 |
| Amortization on disposals or write-downs | - | - | - | (178,026) | - | - | - | - | (202,809) | (380,835) | (168,281) |
| Balance, ending | - | 3,197,224 | 3,391,007 | 4,787,882 | 31,519,136 | 5,698,514 | 3,717,564 | - | 3,474,369 | 55,785,696 | 53,015,487 |
| Net book value | $ 43,479,638 | $ 2,988,560 | $ 7,166,596 | $ 3,960,432 | $ 31,674,424 | $ 17,099,835 | $ 9,052,029 | $ 863,753 | $ 6,546,310 | $ 122,831,577 | $ 131,164,623 |
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Extracted from: 2023 07 04 Council Agenda - Agenda - Pdf