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WATER AND LAND ASSETS (Tables) | 12 Months Ended
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Aug. 31, 2016
Investments In Water Water Systems Land And Improvements Tables |
Schedule of water and water systems |
|  | August 31, 2016 |  |  | August 31, 2015 |
|  | Costs |  |  | Accumulated Depreciation and Depletion |  |  | Costs |  |  | Accumulated Depreciation and Depletion |
Rangeview water supply |  | $ | 14,444,600 |  |  | $ | (9,400 | ) |  | $ | 14,444,600 |  |  | $ | (8,800 | )
Sky Ranch water rights and other costs |  |  | 6,607,400 |  |  |  | (334,500 | ) |  |  | 6,440,800 |  |  |  | (194,600 | )
Fairgrounds water and water system |  |  | 2,899,900 |  |  |  | (886,800 | ) |  |  | 2,899,900 |  |  |  | (798,700 | )
Rangeview water system |  |  | 1,624,800 |  |  |  | (152,800 | ) |  |  | 1,256,300 |  |  |  | (110,300 | )
Water supply – other |  |  | 3,703,000 |  |  |  | (297,800 | ) |  |  | 3,649,800 |  |  |  | (193,900 | )
Construction in progress |  |  | 723,500 |  |  |  | - |  |  |  | 323,500 |  |  |  | - |
Totals |  |  | 30,003,200 |  |  |  | (1,681,300 | ) |  |  | 29,014,900 |  |  |  | (1,306,300 | )
Net investments in water and water systems |  | $ | 28,321,900 |  |  |  |  |  |  | $ | 27,708,600 |  |  |  |  |

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