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D. Capital Assets (Continued)
<br />CITY OF PARIS, TEXAS
<br />Notes
<br />to Financial Statements (Continued)
<br />9/30/23
<br />September 30, 2024
<br />Retirements
<br />Business -Type Activities,
<br />PEDC
<br />��nita}�ssgts Net
<br />IV. I3�tai All Activities Funds7�)
<br />7 843 59 18,814,256 874,738
<br />92,783,116
<br />e otos on and
<br />Intangible Asset — Water Rights
<br />4,113,119 - -
<br />4,113,119
<br />Less Accumulated Amortization
<br />977,462 35,633 -
<br />1,013,095
<br />Total Capital Assets,
<br />Construction in Progress
<br />92,410
<br />Being Depreciated/Amortization, Net
<br />59,625,688 (1,637,911) -
<br />57,987,777
<br />Total Intangible Asset -
<br />Water Rights, Net
<br />3,135,657 (35,633) -
<br />3,100,024
<br />Business -Type Activities,
<br />306,092
<br />92,410
<br />Capital and Intangible Assets, Net
<br />$77,979,255 $18,778,623 $ 874,738
<br />$95,883,140
<br />D. Capital Assets (Continued)
<br />59
<br />Balance
<br />Balance
<br />9/30/23
<br />Additions
<br />Retirements
<br />9/30/24 _
<br />PEDC
<br />Capital Assets, Not Being Depreciated
<br />Land
<br />$ 5,032,692
<br />$ 306,092
<br />$ -
<br />$ 5,338,784
<br />Construction in Progress
<br />92,410
<br />-
<br />92,410
<br />-
<br />Total Capital Assets,
<br />Not Being Depreciated
<br />5,125,102
<br />306,092
<br />92,410
<br />5,338,784
<br />Capital Assets, Being Depreciated/Amortized
<br />Equipment
<br />6,895
<br />-
<br />-
<br />6,895
<br />Intangible Assets
<br />-
<br />9,900
<br />-
<br />9,900
<br />Total Capital Assets,
<br />Being Depreciated/Amortized
<br />6,895
<br />9,900
<br />16,795
<br />Less Accumulated Depreciation/Amortization
<br />for
<br />Equipment
<br />6,895
<br />-
<br />-
<br />6,895
<br />Intangible Assets
<br />-
<br />1,815
<br />-
<br />1,815
<br />Total Accumulated Depreciation
<br />6,895
<br />1,815
<br />-
<br />8,710
<br />Total Capital Assets,
<br />Being Depreciated/Amortization, Net
<br />-
<br />8,085
<br />-
<br />8,085
<br />PEDC, Capital Assets, Net
<br />$ 5,125,102
<br />$ 314,177
<br />$ 92,410
<br />$ 5,346,869
<br />59
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