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The following table provides a summary of the City's operations for the years ending 2022 and 2021 for both
<br />governmental and business -type activities.
<br />City of Paris
<br />Changes in Net Position
<br />Expenses
<br />General Government
<br />Governmental Activities
<br />Business -Type
<br />Activities
<br />Total
<br />7,891,210
<br />5,481,353
<br />2022
<br />2021
<br />2022
<br />2021
<br />2022
<br />2021
<br />Revenues
<br />Public Works
<br />8,186,910
<br />6,452,355
<br />-
<br />-
<br />8,186,910
<br />Program Revenues
<br />Health
<br />3,781,493
<br />3,962,596
<br />-
<br />-
<br />3,781,493
<br />Charges for Services
<br />$ 9,189,299
<br />$ 7,331,549
<br />$18,397,839
<br />$16,567,528
<br />$27,587,138
<br />$23,899,077
<br />Operating Grants and
<br />Other
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Contributions
<br />522,574
<br />369,289
<br />1,371,533
<br />-
<br />1,894,107
<br />369,289
<br />Capital Grants and
<br />Interest on Long -Term
<br />Contributions
<br />1,096,373
<br />239,450
<br />-
<br />-
<br />1,096,373
<br />239,450
<br />General Revenues
<br />Water and Sewer
<br />-
<br />-
<br />15,747,874
<br />15,241,543
<br />15,747,874
<br />Property Taxes
<br />9,863,420
<br />9,561,394
<br />-
<br />-
<br />9,863,420
<br />9,561,394
<br />Sales Taxes
<br />9,650,605
<br />9,196,157
<br />-
<br />-
<br />9,650,605
<br />9,196,157
<br />Franchise Taxes
<br />4,827,601
<br />4,253,182
<br />-
<br />-
<br />4,827,601
<br />4,253,182
<br />Hotel Occupancy
<br />Transfers
<br />4,188,619
<br />3,850,603
<br />2,711,466
<br />1,293,743
<br />6,900,085
<br />Tax
<br />1,151,124
<br />1,192,873
<br />-
<br />-
<br />1,151,124
<br />1,192,873
<br />Unrestricted
<br />Investment Earnings
<br />279,262
<br />41,704
<br />(1,376,170)
<br />(51,563)
<br />(1,096,908)
<br />(9,859)
<br />Other
<br />1,660,042
<br />671,567
<br />66,138
<br />19,321
<br />1,726,180
<br />690,888
<br />Total Revenues
<br />38,240,300
<br />32,857,165
<br />18,459,340
<br />16,535,286
<br />56,699,640
<br />49,392,451
<br />Expenses
<br />General Government
<br />7,891,210
<br />5,481,353
<br />-
<br />-
<br />7,891,210
<br />5,481,353
<br />Public Safety
<br />12,265,360
<br />11,874,360
<br />-
<br />-
<br />12,265,360
<br />11,874,360
<br />Public Works
<br />8,186,910
<br />6,452,355
<br />-
<br />-
<br />8,186,910
<br />6,452,355
<br />Health
<br />3,781,493
<br />3,962,596
<br />-
<br />-
<br />3,781,493
<br />3,962,596
<br />Culture and Recreation
<br />774,910
<br />762,080
<br />-
<br />-
<br />774,910
<br />762,080
<br />Other
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Cox Field
<br />1,099,517
<br />374,649
<br />-
<br />-
<br />1,099,517
<br />374,649
<br />Interest on Long -Term
<br />Debt
<br />52,281
<br />99,169
<br />-
<br />-
<br />52,281
<br />99,169
<br />Water and Sewer
<br />-
<br />-
<br />15,747,874
<br />15,241,543
<br />15,747,874
<br />15,241,543
<br />Total Expenses
<br />34,051,681
<br />29,006,562
<br />15,747,874
<br />15,241,543
<br />49,799,555
<br />44,248,105
<br />Increase (Decrease) in
<br />Net Position Before
<br />Transfers
<br />4,188,619
<br />3,850,603
<br />2,711,466
<br />1,293,743
<br />6,900,085
<br />5,144,346
<br />Transfers/Special Items
<br />11,746,203
<br />(177,451)
<br />(11,746,203)
<br />177,451
<br />-
<br />-
<br />Increase (Decrease) in
<br />Net Position 15,934,822 3,673,152 (9,034,737)
<br />1,471,194
<br />6,900,085 5,144,346
<br />Net Position, Beginning 40,667,652 37,046,560 45,212,203
<br />43,803,809
<br />85,879,855 80,850,369
<br />Prior Period Adjustment 287,870 (52,060) -
<br />(62,800)
<br />287,870 (114,860)
<br />Net Position, Ending $ 56,890,344 $40,667,652 $36,177,466
<br />$45,212,203
<br />$93,087,810 $85,879,855
<br />Business -Type Activities
<br />Business -type activities decreased the City of Paris' net position by $9,034,737. This decrease was
<br />caused by a transfer
<br />out of bond proceeds to fully fund the firefighter pension plan.
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