Page 12 - PAFR

Capital Assets

What Does the City Own?

Vehicles Equipment
9.2% 9.5%

Sewer System
9%
Infrastructure
16.4%
Water System
1%

TOTAL

Land $36,293,893
13.2%

Construction in Progress
40.4%
Buildings & Improvements $485,965

Equipment $3,437,034 Capital assets make up the largest portion of the City’s
net position —about 61.5%. These include things like
Infrastructure $5,964,515 land, buildings, roads, parks, utility systems,

equipment, and projects that are still under
Construction in Progress $14,676,530
construction.
Land $4,778,205
These assets are essential for delivering public

Water System $344,550 services, from clean water to safe streets. While they
hold significant value, they are not funds the City can
Sewer System $3,280,960 spend—these assets are used to serve the community,
not to generate cash.
Vehicles $3,326,135 Some of these assets were financed through debt.
Even though the value shown is net of what is still
owed, it’s important to remember that the money to
repay those loans must come from future revenues,
since capital assets themselves can't be sold to pay off
debt.

12