| Investments in Water and Water Systems |
The Company’s Investments in Water and Water Systems consist of the following costs and accumulated depreciation and depletion at May 31, 2019 and August 31, 2018:
| | | May 31, 2019 | | | August 31, 2018 | | | | | Costs | | | Accumulated Depreciation and Depletion | | | Costs | | | Accumulated Depreciation and Depletion | | Rangeview Water Supply | | $ | 14,820,700 | | | $ | (14,000 | ) | | $ | 14,813,800 | | | $ | (12,800 | ) | Sky Ranch water rights and other costs | | | 7,361,000 | | | | (704,600 | ) | | | 7,171,700 | | | | (561,400 | ) | Fairgrounds water and water system | | | 2,899,900 | | | | (1,129,000 | ) | | | 2,899,900 | | | | (1,062,900 | ) | Rangeview water system | | | 5,578,000 | | | | (323,000 | ) | | | 1,655,600 | | | | (261,200 | ) | Water Supply – Other | | | 4,430,100 | | | | (803,400 | ) | | | 4,337,200 | | | | (625,300 | ) | Wild Pointe service rights | | | 1,631,700 | | | | (316,600 | ) | | | 1,631,700 | | | | (267,700 | ) | Sky Ranch pipeline | | | 5,707,000 | | | | (363,900 | ) | | | 5,615,900 | | | | (222,000 | ) | Construction in progress | | | 4,840,700 | | | | — | | | | 1,609,400 | | | | — | | Totals | | | 47,269,100 | | | | (3,654,500 | ) | | | 39,735,200 | | | | (3,013,300 | ) | Net investments in water and water systems | | $ | 43,614,600 | | | | | | | $ | 36,721,900 | | | | | |
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