Capital assets as of June 30, 2011, are summarized as follows:
| Beginning Balance | Additions | Reductions | Ending Balance |
|---|
| Cost | | | | |
|---|
| Land and improvements | $ 5,648,990 | $ - | $ - | $ 5,648,990 |
|---|
| Buildings | 141,992,351 | 3,250,997 | - | 145,243,348 |
|---|
| Equipment | 22,544,322 | 370,176 | 129,325 | 22,785,173 |
|---|
| Computer software | 1,428,493 | - | - | 1,428,493 |
|---|
| Library holdings | 9,696,930 | 56,249 | 57,808 | 9,695,371 |
|---|
| Transportation equipment | 4,030,858 | 12,016 | - | 4,042,874 |
|---|
| Construction in progress | 3,343,888 | 5,107,391 | 3,364,210 | 5,087,069 |
|---|
| 188,685,832 | 8,796,829 | 3,551,343 | 193,931,318 |
|---|
| Accumulated depreciation | | | | |
|---|
| Buildings | 82,165,784 | 2,664,826 | - | 84,830,610 |
|---|
| Equipment | 12,087,481 | 1,270,167 | - | 13,357,648 |
|---|
| Library holdings | 8,129,165 | 592,519 | - | 8,721,684 |
|---|
| Transportation equipment | 3,330,440 | 314,409 | - | 3,644,849 |
|---|
| 105,712,870 | 4,841,921 | - | 110,554,791 |
|---|
| Capital assets, net | $ 82,972,962 | $ 3,954,908 | $ 3,551,343 | $ 83,376,527 |
|---|
Capital assets as of June 30, 2010, are summarized as follows:
| Beginning Balance | Additions | Reductions | Ending Balance |
|---|
| Cost | | | | |
|---|
| Land and improvements | $ 5,648,990 | $ - | $ - | $ 5,648,990 |
|---|
| Buildings | 114,476,880 | 27,515,471 | - | 141,992,351 |
|---|
| Equipment | 21,635,019 | 916,670 | 7,367 | 22,544,322 |
|---|
| Computer software | - | 1,428,493 | - | 1,428,493 |
|---|
| Library holdings | 9,369,482 | 372,028 | 44,580 | 9,696,930 |
|---|
| Transportation equipment | 4,005,837 | 25,021 | - | 4,030,858 |
|---|
| Construction in progress | 26,249,387 | - | 22,905,499 | 3,343,888 |
|---|
| 181,385,595 | 30,257,683 | 22,957,446 | 188,685,832 |
|---|
| Accumulated depreciation | | | | |
|---|
| Buildings | 79,473,958 | 2,691,826 | - | 82,165,784 |
|---|
| Equipment | 10,619,304 | 1,468,177 | - | 12,087,481 |
|---|
| Library holdings | 7,690,176 | 438,989 | - | 8,129,165 |
|---|
| Transportation equipment | 3,015,000 | 315,440 | - | 3,330,440 |
|---|
| 100,798,438 | 4,914,432 | - | 105,712,870 |
|---|
| Capital assets, net | $ 80,587,157 | $ 25,343,251 | $ 22,957,446 | $ 82,972,962 |
|---|