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MD&A-13

City of Raleigh

Management’s Discussion and Analysis

• Several other technology, streets, parks and miscellaneous projects were completed for a total

capitalized cost of $35.5 million

• Governmental equipment acquisitions added $8.9 million to the City’s rolling stock inventory

• Construction in progress for all governmental activities was $256.8 million

• Construction began and/or was completed on additional facilities for various enterprise operations. Total

enterprise projects completed and capitalized in fiscal year 2015-16 amounted to $62.7 million. There were

significant enterprise projects completed that attributed to the total including:

• Neuse River East Parallel Interface - $7.1 million

• Falls Lake Raw Water Pump Station Improvements - $6.7 million

• Little Creek Wastewater Treatment Plant Expansion/Improvements - $6.6 million

• Harps Mill & Haymarket Road Drainage - $4.1 million

• Crabtree Valley Pump Station Improvements - $3.5 million

• Lake Johnson Dam Upgrade - $2.1 million

• Other enterprise projects were completed for a total capitalized cost of $32.6 million

• Enterprise equipment acquisitions added $8.7 million to the City’s rolling stock inventory

• Construction in progress for all enterprise activities was $348.5 million

• Annexations added $1.1 million to streets for governmental activities and $1.3 million to water and sewer

systems for the business-type activities

Additional information on the City’s capital assets can be found on pages 33 - 35 of the notes to the financial

statements of this report.

Capital Assets*

(in millions of dollars)

Governmental

Activities

Business-type

Activities

Total

Activities

2015 2016 2015 2016 2015

2016

Land

$149.8 $205.0

$81.2

$81.7 $231.0

$286.7

Construction in progress

347.2

256.8

316.1

348.5

663.3

605.3

Watershed protection rights

-

-

4.7

5.0

4.7

5.0

Buildings and machinery

57.6

175.8

301.3

292.0

358.9

467.8

Water and sewer systems

-

-

823.6

829.6

823.6

829.6

Streets and sidewalks

272.5

280.6

0.8

0.7

273.3

281.3

Parking decks

-

-

106.8

103.1

106.8

103.1

Buses

-

-

14.8

12.0

14.8

12.0

Equipment

25.4

26.9

23.2

25.2

48.6

52.1

Furniture and fixtures

0.1

-

-

-

0.1

-

Improvements

114.6

126.0

112.3

134.5

226.9

260.5

Enterprise-wide software

31.7

32.8

-

-

31.7

32.8

Total

$998.9 $1,103.9 $1,784.8 $1,832.3 $2,783.7

$2,936.2

* Amounts shown net of accumulated depreciation