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Wisconsin Health and Educational Facilities Authority
Notes to Financial Statements
June 30, 2020 and 2019

NOTE 3 CAPITAL ASSETS

Capital assets activity for the year ended June 30, 2020 and 2019 was as follows:

2020 2019
Capital assets, beginning of the year $ 105,973 $ 105,528
Additions 13,112 3,214
Retirements (10,586) (2,769)
Capital assets, end of the year 108,499 105,973
Accumulated depreciation, end of year (71,332) (66,432)
Capital assets, net of depreciation, end of year $ 37,167 $ 39,541

The Authority recognized $15,486 and $13,819 of depreciation expense during the fiscal
years 2020 and 2019, respectively.

NOTE 4 COMPENSATED ABSENCES

Compensated absences as of June 30, 2020 and 2019 are comprised of the following:

2020 2019
Compensated absences, beginning of the year $ 66,485 $ 60,867
Additions 66,156 28,407
Reductions (47,455) (22,789)
Compensated absences, end of the year $ 85,186 $ 66,485

Compensated absences, current portion $ 47,000 $ 21,648

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