| 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: | | | | | | | | | | | | | | | May 31, 2026 | | August 31, 2025 | | | | | | Accumulated | | | | | Accumulated | | | | | | Depreciation | | | | | Depreciation | (In thousands) | | Costs | | and Depletion | | Costs | | and Depletion | Rangeview water supply | | $ | 17,569 | | $ | (22) | | $ | 16,273 | | $ | (21) | Sky Ranch water rights and other costs | | | 7,690 | | | (1,779) | | | 7,690 | | | (1,689) | Fairgrounds water and water system | | | 2,900 | | | (1,745) | | | 2,900 | | | (1,679) | Rangeview water system | | | 34,831 | | | (6,719) | | | 31,421 | | | (5,903) | Water supply – Other | | | 1,300 | | | (1,177) | | | 1,300 | | | (1,147) | Wild Pointe service rights | | | 1,632 | | | (1,513) | | | 1,632 | | | (1,475) | Sky Ranch pipeline | | | 5,740 | | | (1,701) | | | 5,740 | | | (1,558) | Lost Creek water supply | | | 10,846 | | | — | | | 10,836 | | | — | Construction in progress - water and water systems | | | 4,420 | | | — | | | 3,203 | | | — | Totals | | | 86,928 | | | (14,656) | | | 80,995 | | | (13,472) | Net investments in water and water systems | | $ | 72,272 | | | | | $ | 67,523 | | | |
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