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City ofParis February 2018 Financial Report Comments Net to Date Comparison of Revenues: L The operations and maintenance property tax and related collections are 7.22% more than this time last year. Current tax cuUect��ons are 95.1896ufthe tax levy vs, 94.U196last year. 2, Sales taxes are down 3.1}96from last year. 3. Hotel occupancy taxes are up 3,06% from last year. All hotels are current on their taxes. 4� Franchise fees are down 3,1]%compared tu last year, 5, Pennftfees, are up 5O.D29&from last year, This amownis $31,540,31. 6. Municipal Court fines and related fees are 828% below last year's collections, 7. Other revenue includes leases, interest, copy fees, birth & death certificates, library fees, mixed beverage tax, and other minor revenues. This revenue isdown $3'469compared lnlast year. & Sanitation fees are down 1.5.66%. This was expected with more of these fees going direct|yto the Sanitation Fund inthis year's budget. 9� EMS fees are up7.l0%compared tolast year. 10. Total General Flund revenues, net of any transfers, are 3.14% above last year, General Fund revenues equal 58.24% of the budget with the City being 41.66% through the budget year. 11. Total General Fund expenditures are down 0.31% compared to last year. Genera� Fund expenditures to date equal 38.78% of budget with the City being 41.66% through the budget year. 12. Sewer revenue isdown O.4496compared tolast year. 13. Water revenue isdown 2.1196compared 10last year. 14. Total Water & Sewer revenues, ignoring transfers, are 1.02Y{below last year. 15. Total Water & Sewer expenses are 5,91% above last year at this point and represent 28.29% of the total budget (4Z-17Y6adjusted for debt payments) while the City is41.G6%through the budget year. Departmental Expenditure Summary� Atthis point the City isfive months nr41.6696through the budget year. Itisimportant Toremember that expenditures do not occur equally throughout the year, For example, capital expenditures and association memberships are onetime expenditures that if made early �m the fiscal year can produce a distorted expenditure, percentage, Within the General, Water & Sewer, and Sanitation Funds there are five departments whose expenditures are over 41,66%. L City [ounci|-71,4696.The overage amounts to$24,3O8.This overage �sdue tVthe annual insurance payment, election related expenses, updating ordinance bunk, rep|adngrestroom»' water heater, and building maintenance,