1. What are the principal classes of capital assets associated with governmental activities that the city reports in it financial statements?
2. What was the total amount of capital assets used in governmental activities added during the year? What was the amount retired?
3. What is the city’s threshold policy on capitalizing general capital assets and intangible assets?
4. How much depreciation did the government charge in its government-wide statements on capital assets used in governmental activities.
5. Did the government capitalize infrastructure assets acquired during the year? Did it capitalize such assets acquired in prior year?
6. Did the government capitalize collections of art or historical treasures?
7. Judging from the disclosure pertaining to investments, does the entity have any investments that appear to be risky?
8. Does the government own any unusual securities such as derivatives?
a. Has it entered into repurchase agreements?
b. If yes does the report contain an explanation of these transactions?