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CITY OF PARIS, TEXAS Table 13
<br />Revenue Pledged Coverage - Water and Sewer Revenue Bonds
<br />Last Ten Fiscal Years
<br />Unaudited
<br />Notes:
<br />(1)* Gross Revenues = Operating and Nonoperating Revenue of the Water and Sewer Fund
<br />Excluding Contribution Revenue and Premium Amortization
<br />(2)** Operating Expenses Excluding Depreciation
<br />(3)*** Agent Fees Not Included
<br />(4) As of 2010-11, the City no longer had revenue bonds outstanding; however, water and sewer
<br />general obligation debt are expected to be paid out of system revenues and not ad valorem taxes.
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<br />Net Revenue Average Remaining
<br />Available Debt Service Requirements
<br />Fiscal
<br />Gross
<br />Operating
<br />For Debt
<br />Percent
<br />Year
<br />Revenues*
<br />Expenses**
<br />Service Principal Interest Total***
<br />Coverage
<br />2010-11
<br />$ 13,960,511
<br />$7,201,866
<br />$6,758,645 $ - $ - $ -
<br />N/A
<br />2011-12
<br />13,916,163
<br />7,445,178
<br />6,470,985 - - -
<br />N/A
<br />2012-13
<br />13,963,624
<br />7,578,446
<br />6,385,178 - - -
<br />N/A
<br />2013-14
<br />13,964,534
<br />7,342,744
<br />6,621,790 - - -
<br />N/A
<br />2014-15
<br />14,359,751
<br />7,248,302
<br />7,111,449 - - -
<br />N/A
<br />2015-16
<br />14,894,489
<br />7,834,768
<br />7,059,721 - - -
<br />N/A
<br />2016-17
<br />14,097,620
<br />9,902,805
<br />41194,815 - - -
<br />N/A
<br />2017-18
<br />14,549,327
<br />9,922,088
<br />4,627,239 - - -
<br />N/A
<br />2018-19
<br />15,030,324
<br />10,182,731
<br />4,847,593 - - -
<br />N/A
<br />2019-20
<br />15,043,788
<br />9,602,622
<br />5,441,166 - - -
<br />N/A
<br />Notes:
<br />(1)* Gross Revenues = Operating and Nonoperating Revenue of the Water and Sewer Fund
<br />Excluding Contribution Revenue and Premium Amortization
<br />(2)** Operating Expenses Excluding Depreciation
<br />(3)*** Agent Fees Not Included
<br />(4) As of 2010-11, the City no longer had revenue bonds outstanding; however, water and sewer
<br />general obligation debt are expected to be paid out of system revenues and not ad valorem taxes.
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