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ORANGE COUNTY ALCOHOLIC BEVERAGE CONTROL BOARD
<br /> (a component unit of Orange County Government)
<br /> NOTES TO FINANCIAL STATEMENTS
<br /> June 30,2023 and 2022
<br /> 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES[cont'dj
<br /> G. Assets,Liabilities,and Net Position[cont'd]
<br /> Capital Assets[cont'd]
<br /> Capital asset activity for the year ended June 30,2022,was as follows:
<br /> Beginning Ending
<br /> Balances Increases Decreases Balances
<br /> Capital Assets Not Being Depreciated
<br /> Land $ 1,951,041 $ $ $ 1,951,041
<br /> Construction in progress 72,988 1,696,987 --- 1,769,975
<br /> Total Capital Assets Not Being
<br /> Depreciated 2,024,029 $ 1,696,987 $ --- 3,721,016
<br /> Capital Assets Being Depreciated
<br /> Buildings and improvements 7,965,939 $ --- $ --- 7,965,939
<br /> Store fixtures and equipment 1,241,111 2,950 --- 1,244,061
<br /> Warehouse fixtures and equipment 135,946 --- --- 135,946
<br /> Office furniture,fixtures,and equipment 281,292 15,089 --- 296,381
<br /> Leasehold improvements 232,407 --- --- 232,407
<br /> Motor vehicles 205,630 --- --- 205,630
<br /> Total Capital Assets Being
<br /> Depreciated 10,062,325 $ 18,039 $ --- 10,080,364
<br /> Less Accumulated Depreciation for:
<br /> Buildings and improvements 1,946,856 $ 242,618 $ 2,189,474
<br /> Store fixtures and equipment 988,482 110,276 --- 1,098,758
<br /> Warehouse fixtures and equipment 98,843 21,968 --- 120,811
<br /> Office furniture,fixtures and equipment 216,430 22,031 --- 238,461
<br /> Leasehold improvements 90,886 23,799 --- 114,685
<br /> Motor vehicles 161,269 20,619 --- 181,888
<br /> Total Accumulated Depreciation 3,502,766 $ 441,311 $ 1944,077
<br /> Total Capital Assets Being
<br /> Depreciated(Net) 6,559,559 6,136,287
<br /> Capital Assets,Net $ 8,583,588 $ 9,857,303
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