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City of Paris April 2023 Financial Report Comments. Net to Date Comparison of Revenues: 1. The operations and maintenance property tax and related collections reported are 0.82% less than what was reported in 2022. Current tax collections this year are 96.13% of the tax levy vs. 96.53 % last year. 2. Sales taxes are up 11.63% from last year ($620,867). 3. Hotel occupancy taxes are up 3.75% compared to last year ($25,593). 4. Franchise fees are up 9.42% compared to last year ($177,097). This increase is due to a larger Atmos Gas payment. 5. Permit fees are up 28.69% from last year ($52,174). This increase is primarily from new commercial permits. 6. Municipal Court fines and related fees are up compared to last year increasing 19.27% ($26,703). 7. Other revenue includes leases, interest, copy fees, birth & death certificates, library fees, mixed beverage tax, and other minor revenues. This revenue is up 55.29% ($259,937). The bulk of this increase comes from increased interest earnings. 8. Sanitation fees are down by 25.78% when compared to 2022 collections ($43,864). This decrease was planned in the current budget. More fees are going to the Sanitation Fund. 9. EMS fees are up 32.62% compared to last year ($517,908). 10. W&S Administration fees are flat compared to last year. This is in accordance with the 2022-23 Budget. 11. Total General Fund revenues are up 8.18% compared to last year. Sales taxes, property taxes, interest earned, and EMS fees account for most of the increase. General Fund revenues equal 77.41% of the budget with the City being 58.33% through the budget year. 12. Total General Fund expenditures are down 8.65% ($1,428,927) compared to last year. General Fund expenditures to date equal 54.65% of budget with the City being 58.33% through the budget year. 13. Sewer revenue is up 13.52% ($641,400). 14. Water revenue is up 4.09% ($198,240). 15. Other revenue sources are up 24.07% ($81,574). 16. Total Water & Sewer revenues, ignoring transfers and adjustments, are 9.28% above last year and represents 59.33% of the total budget with the City being 58.33% through the budget year. 17. Total Water & Sewer expenses are 9.51% above last year at this point and represent 35.06% of the total budget (57.77% adjusted for debt payments.) while the City is 58.33% through the budget year,.