Amounts reported for governmental activities in the statement of net position (Exhibit A) are different because: Total fund balances - balance sheet - governmental funds (Exhibit C-1) (1) Capital assets used in governmental acitvities are not financial resources and therefore are not reported in the governmental funds Add land Add intangible assets - right-of-ways Add construction in progress Add buildings and improvements net of accumulated depreciation Add infrastructure net of accumulated depreciation Add intangible assets net of accumulated depreciation