|
B. Investment in Direct Financing Leases:
As of June 30, 1995, the Maryland Environmental Service (Service) has a direct financing lease. The present
value of the direct financing lease at June 30,1995 is $8,519,000. As of June 30,1995, the Service held $6,341,229 to
be spent to complete assets under this direct financing lease. Lease payments receivable (including unearned
interest) for each of the five succeeding fiscal years and thereafter, including repayment of amount to be spent,
consist of the following (expressed in thousands).
|
1996.....,................................................................
|
$2,008
|
|
1997........................................................................
|
2,012
|
|
1998.......................................................................
|
1,610
|
|
1999......................................................................
|
1,197
|
|
2000......................................................................
|
1,198
|
|
Thereafter........................................................
|
14,662
|
|
Total......................................................
|
$22,687
|
8. Property, Plant and Equipment:
A. Enterprise Funds:
Property, plant and equipment of the Enterprise funds, as of June 30,1995, consists of the following (amounts
expressed in thousands).
|
Land and improvements (includes land being held for development or sale of $7,978)..
|
$115,281
|
|
Structure and improvements.........................................................................................
|
141,684
|
|
Equipment..................................................................................
|
50,616
|
|
Construction in progress..................................................................
|
58,592
|
|
|
366,173
|
|
Less accumulated depreciation...............................................................................
|
43,868
|
|
Total........................................
|
$322,305
|
B. General Fixed Assets:
General fixed assets activity by asset classification for the year ended June 30, 1995, follows (amounts
expressed in thousands).
|
|
Balance
|
|
|
Transfers
|
Balance
|
|
Classification
|
July 1, 1994
|
Additions
|
Deletions
|
in (out)
|
June 30, 1995
|
|
Land and improvements..................................................................................
|
$1,019,009
|
$13,058
|
$(12,056)
|
$37,999
|
$1,058,010
|
|
Structure and improvements...........................................................................
|
5,037,711
|
105,934
|
(12,639)
|
401,967
|
5,532,973
|
|
Equipment..........................................................................................................
|
1,274,118
|
108,288
|
(66,796)
|
54,276
|
1,369,886
|
|
Construction in progress ..................................................................................
|
622,380
|
284,721
|
|
(494,242)
|
412,859
|
|
Total.................................................................................................................
|
$7,953,218
|
$512,001
|
$(91,491)
|
$ —
|
$8,373,728
|
C. Component Units:
Property, plant and equipment of the discretely presented Component Units, as of June 30, 1995, consists of
the following (amounts expressed in thousands).
|
|
Higher Education Fund
|
Proprietary Funds
|
|
Land and improvements (including $1,461 of land held for resale for
|
|
|
|
Proprietary Funds)...........................................................................................
|
$ 53,321
|
$4,463
|
|
Structure and improvements..............................................................................
|
1,861,668
|
38,696
|
|
Equipment.............................................................................................................
|
484,399
|
17,329
|
|
Construction in progress ....................................................................................
|
194,480
|
3,292
|
|
|
2,593,868
|
63,780
|
|
Less accumulated depreciation .........................................................................
|
|
(33,482)
|
|
Total....................................................................................................................
|
$2,593,868
|
$30,298
|
52
|
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