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CITY OF PARIS, TEXAS
<br />Statement 8
<br />Statement of Revenues, Expenses, and Changes in Fiend Net Position
<br />1,323,753
<br />Proprietary Funds
<br />3,681,479
<br />Year Ended September 30, 2022
<br />1,033,566
<br />Sundry Charges
<br />Water and Sewer
<br />Bad Debt Expense
<br />Enterprise Fund
<br />Operating Revenues
<br />48,609
<br />Charges for Sales and Services
<br />2,674,834
<br />Water Sales and Taps
<br />$ 9,042,125
<br />Sewer Charges and Taps
<br />8,558,316
<br />Sanitation Billing Fees
<br />76,653
<br />Service Charges
<br />203,776
<br />Industrial Surcharges
<br />80,135
<br />Miscellaneous
<br />436,834
<br />Total Operating Revenues
<br />18,397,839
<br />Operating Expenses
<br />Personnel
<br />3,218,532
<br />Supplies
<br />1,323,753
<br />Contractual
<br />3,681,479
<br />Maintenance
<br />1,033,566
<br />Sundry Charges
<br />752,906
<br />Bad Debt Expense
<br />63,046
<br />Other
<br />48,609
<br />Depreciation
<br />2,674,834
<br />Amortization of Water Rights
<br />35,633
<br />Amortization of Asset Retirement Obligation
<br />96,700
<br />Total Operating Expenses
<br />12,929,058
<br />Operating Income
<br />5,468,781
<br />Nonoperating Revenues (Expenses)
<br />Investment Earnings
<br />363,000
<br />Net Increase (Decrease) in the Fair Value of Investments
<br />(1,739,170)
<br />Intergovernmental
<br />1,371,533
<br />Gain/(Loss) on Sale of Capital Assets
<br />66,138
<br />Interest Expense
<br />(2,657,916)
<br />Bond Issue Costs
<br />(160,900)
<br />Net Nonoperating Revenues (Expenses)
<br />(2,757,315)
<br />Income Before Contributions, Other Revenue, and Transfers 2,711,466
<br />Capital Contributions, Other Revenue, and Transfers
<br />Transfers In 1,064,242
<br />Transfers Out (12,810,445)
<br />Total Capital Contributions, Other Revenue, and Transfers (11,746,203)
<br />Changes in Net Position (9,034,737)
<br />Total Net Position - Beginning 45,212,203
<br />Total Net Position - Ending $ 36,177,466
<br />The accompanying notes to the financial statements are an integral part of this statement.
<br />25
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