18 - Proposed Budget Discussion and Direction

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._.. .. ----- ....., Total Taxes under Chisu m ISD Total Taxes under North Lamar ISD Total Taxes under Paris ISD TaKing Enfity 2019 Rate Percent of Total Taxing Entity [ 2019 Rate Percent of Total Taxing Entity 2019 1Rale Pry*rcent of Total Cay of Paris _,._ $0.5161 -----, 24% City of Paris [ $0.5161 26% City of Paris $0.5161 22% Paris Junior College $0.0840 4% Paris Junior College $00840 4% Paris Junior College $00840 4% Lamar County .,.......... $0.3940 18% Lamar County $0.3940 ......... 20% --...... y .,�_111-1 Lamar Count ,,,,..,,........,., $0.3940 , 17% Chisum ISD ��, $1.1500 ., ......... 54% ......-----..... North Lamar ISD -. ----- $0.9700 . .. 49% Paris ISD ....... $1.3534 ......... 58% $2.1441 100°x6 $1.9641 100% $2.3475 100% Depending on which ISD a resident lives, the City of Paris' Property Tax Rate in 2019 was either 24%, 26% or 22% of their total Property Tax Bill. The 2020 Property Tax Rates are not yet known, but they are likely not to change dramatically. It should therefore be noted that the City's 3.5% growth as allowed by the Texas Property Tax Reform and Transparency Act of 2019, while critical to the City's Financial Policy and planned operation, is a nearly de minimis impact as compared to the total tax bill owed by a resident. City of Paris Charter — Article V — Section 45(5) "Tax levies and tax collections by years for at least five years or, if records for five years are not available, then for as many years as are available. " fiscal Year Total Tax Levy ........ Total Tax Collected Percent Collected FY18/19 $9,381,829.00 $ 9,208,248.00 98.15% FY17/18 $9,145,965.00 $ 8,973,214.00 ........ 98.11% FY16/17 $8,093,094.00 ..... $ 7,940,08��. 7.00 .....- �� 98.11% 16 $7 627 731.00 $ 7 406',"8-3-0.00 97.10% FY14/15 / $7,626,530.00 $ 7 348,2 50.00 96.35% Total Tax Levy is what could have been paid if 100% of the taxes were paid. Total Tax Collected is what was actually paid. City of Paris Charter — Article V — Section 45(6) "General Fund Resources in detail. " Please see Exhibit A attached for a detailed listing of all Funds by line item (not just General Fund). This Exhibit A shows the Proposed FY20/21 Budget (shown on the sheets as "Proposed FY2021 Budget"). The "Year Budget" is the FYI 9/20 Budget. The "Current Year" is how much has been received to -date as of the printing of Exhibit A. And finally FY2019, FY2018, FY2017, and FY2016 are the prior four years of Actual Revenues that were used in the Realignment Process to help produce the Proposed FY20/21 Budget. For your convenience, the key information has been highlighted in yellow, with red being used for the Fund Totals. There is of course a lot of information here, but for a community the size of Paris, budgets are complex. The purpose of showing you this much information is to give transparency and support the Realignment process that was discussed in the Budget Message section above. City of Paris Charter — Article V — Section 45(7), 45(8), 45(9) "Summary of proposed expenditures by function, department, and activity. " "Summary ofproposed expenditures by character and object. " "Detailed estimates of expenditures shown separately for each activity to support the summaries No. 7 and 8 above. Such estimates of expenditures are to include an itemization ofpositions showing the number of persons having each title and the rate of pay. " Page 11 of 15