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CITY OF PARIS, TEXAS
<br />Notes to Financial Statements (Continued)
<br />September 30, 2022
<br />IV. Detailed Notes on All Activities and Funds (Continued)
<br />D. Capital Assets
<br />Capital assets activity for the year ended September 30, 2022, follows:
<br />Balance Balance
<br />Governmental Activities
<br />Capital Assets, Not Being Depreciated
<br />Land
<br />$ 5,950,108
<br />$ 151,801
<br />$ -
<br />$ 6,101,909
<br />Construction in Progress
<br />263,364
<br />1,220,761
<br />-
<br />1,484,125
<br />Total Capital Assets,
<br />Not Being Depreciated
<br />6,213,472
<br />1,372,562
<br />-
<br />7,586,034
<br />Capital Assets, Being Depreciated
<br />Buildings
<br />20,556,584
<br />83,886
<br />-
<br />20,640,470
<br />Improvements Other Than Buildings
<br />6,601,672
<br />63,291
<br />-
<br />6,664,963
<br />Machinery and Equipment
<br />23,102,816
<br />1,329,982
<br />446,948
<br />23,985,850
<br />Infastructure
<br />52,733,342
<br />-
<br />-
<br />52,733,342
<br />Total Capital Assets,
<br />Being Depreciated
<br />102,994,414
<br />1,477,159
<br />446,948
<br />104,024,625
<br />Less Accumulated Depreciation for
<br />Buildings
<br />10,508,552
<br />479,000
<br />-
<br />10,987,552
<br />Improvements Other Than Buildings
<br />4,237,927
<br />296,130
<br />-
<br />4,534,057
<br />Machinery and Equipment
<br />18,494,309
<br />1,074,990
<br />403,308
<br />19,165,991
<br />Infrastructure
<br />35,575,580
<br />985,034
<br />-
<br />36,560,614
<br />Total Accumulated Depreciation
<br />68,816,368
<br />2,835,154
<br />403,308
<br />71,248,214
<br />Total Capital Assets,
<br />Being Depreciated, Net
<br />34,178,046
<br />(1,357,995)
<br />43,640
<br />32,776,411
<br />Right -To -Use Assets
<br />Equipment
<br />67,640
<br />211,181
<br />-
<br />278,821
<br />Total Right -To -Use Assets
<br />67,640
<br />211,181
<br />-
<br />278,821
<br />Less Accumulated Amortization for
<br />Equipment - 52,028 - 52,028
<br />Total Accumulated Amortization - 52,028 - 52,028
<br />Total Right -To -Use Assets, Net 67,640 159,153 - 226,793
<br />Governmental Activities,
<br />Capital Assets, Net $40,459,158 $ 173,720 $ 43,640 $40,589,238
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