|
net investment in capital assets, restricted net position, and unrestricted net position. This was also true for the prior
<br />fiscal year.
<br />Statement 1 reflects the relevant deferred outflows and inflows for the fiscal year. Outflows are intended to account
<br />for the anticipated future liabilities for pension payments as well as contributions toward the cost of retiree health
<br />care and other post -employment benefits. Inflows anticipate future contributions to the pension plan and retiree
<br />health care and other post -employment benefits.
<br />Governmental Activities
<br />Governmental activities increased the City of Paris' net position by $4,386,645 or 13.43% (includes prior period
<br />adjustment and transfers) during the current fiscal year. Total general revenues (ignoring transfers) were up
<br />$4,614,468 (15.76%) with general revenues being up $1,494,949 (6.61%) and program revenues being up
<br />$3,142,149 (47.16%). The unusually large increase in program revenues were due to COVID-19 related EMS
<br />charges and a COVID-19 related grant.
<br />Property Taxes
<br />Sales Taxes
<br />Franchise Taxes
<br />Hotel Occupancy Tax
<br />Unrestricted Investment Earnings
<br />Miscellaneous
<br />Gain (Loss) on Sale of Capital Asset
<br />Program Revenues
<br />General Revenues & Program Revenues
<br />Increase
<br />2019 2020 (Decrease)
<br />$ 9,358,943
<br />7,369,079
<br />4,305,851
<br />675,158
<br />581,115
<br />272,338
<br />49,951
<br />6,661,913
<br />$ 9,338,087
<br />8,245,939
<br />4,714,021
<br />872,418
<br />197,203
<br />714,470
<br />25,246
<br />9,804,062
<br />$ (20,856)
<br />876,860
<br />408,170
<br />197,260
<br />(383,912)
<br />442,132
<br />(24,705)
<br />3,142,149
<br />$ 29,274,348 $ 33,911,446 $ 4,637,098
<br />7
<br />
|