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Agenda Packet
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01-13-2025
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Agenda Packet
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CITY CLERK
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CITY OF PARIS, TEXAS Statement 7 <br />Statement of Net Position (Continued) <br />Proprietary Funds <br />September 30, 2023 <br />Noncurrent Liabilities <br />Bonds Payable - Noncurrent Portion <br />Water and Sewer <br />Notes Payable - Noncurrent Portion <br />Enterprise Fund <br />LIABILITIES <br />130,752 <br />Current Liabilities <br />200,496 <br />Accounts Payable and Accrued Liabilities <br />2,672,912 <br />Accrued Interest Payable <br />1,297,036 <br />Due to Other Funds <br />70,000 <br />Customers' Deposits <br />1,084,624 <br />Notes Payable - Current Portion <br />1,885,000 <br />Bonds Payable - Current Portion <br />3,530,000 <br />Right to Use Liability - Current Portion <br />36,772 <br />Accrued Compensated Absences - Current Portion <br />22,277 <br />Unearned Revenue <br />2,037,933 <br />Total Current Liabilities <br />12,636,554 <br />Noncurrent Liabilities <br />Bonds Payable - Noncurrent Portion <br />69,081,698 <br />Notes Payable - Noncurrent Portion <br />40,760,000 <br />Right -to -Use Liability - Noncurrent Portion <br />130,752 <br />Accrued Compensated Absences - Noncurrent Portion <br />200,496 <br />Asset Retirement Obligation <br />5,517,834 <br />Net Pension Liabilities <br />566,443 <br />Net OPEB Liabilities <br />164,627 <br />Total Noncurrent Liabilities <br />116,421,850 <br />Total Liabilities <br />129,058,404 <br />DEFERRED INFLOWS OF RESOURCES <br />Deferred Inflows Related to Pensions <br />58,033 <br />Deferred Inflows Related to OPEB <br />69,856 <br />Total Deferred Inflows <br />127,889 <br />NET POSITION <br />Net Investment in Capital Assets <br />26,718,407 <br />Unrestricted <br />15,782,990 <br />Total Net Position <br />$ 42.501,397 <br />The accompanying notes to the financial statements are an integral part of this statement. <br />24 <br />
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