Assets · Capital Assets
1250 Accumulated Depreciation (Contra)
Since 2026.03
- What it is
- Accumulated depreciation (contra) records cumulative depreciation taken on depreciable capital assets.
- Accounting standard
- Accumulated depreciation is a contra-asset reducing the carrying amount of depreciable capital assets.
- Accounting note
- Maintain depreciation schedules by asset class; reconcile to the asset register.
- Examples
- Accumulated depreciation on buildings, infrastructure, and equipment.
- Do not use for
- Land (not depreciated).
Where it reports on the Cities FTR
| Fund type | FTR line |
|---|---|
| Governmental funds | Form 40 R09 Capital assets: Less Accumulated Depreciation AmortizationCAP_ASSET_ACCUM_DEPRE_AMORT Review: confirm LGRS expects accumulated depreciation as a positive amount. |
| Government-wide ledger (980) | Form 40 R09 Capital assets: Less Accumulated Depreciation AmortizationCAP_ASSET_ACCUM_DEPRE_AMORT Review: confirm LGRS expects accumulated depreciation as a positive amount. |
| Enterprise funds (water example) | Form 38 R23 Less Accumulated Depreciation AmortizationENT_ACCUM_DEPRE_AMORT Enterprise or internal service column. |
| Internal service funds | Form 38 R23 Less Accumulated Depreciation AmortizationINT_SERV_ACCUM_DEPRE_AMORT Enterprise or internal service column. |
| Fiduciary funds (pension trust example) | Form 39 R15.6 Other Capital Assets Net of DepreciationPEN_OTHER_EE_BEN_TRUST_CAP_ASSETS_NET Column for the trust or custodial fund type. |
Enterprise placement is shown for a water fund; other enterprise funds use the same line on their own form. Check any combination in the FTR finder.