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EXHIBIT A <br />Annual Report <br />Fiscal Year 2022/2023 <br />City of Paris, Texas <br />Tax Increment Reinvestment Zone Number One <br />Pursuant to Texas Tax Code Sec. 311.016, the City Council of the City of Paris, <br />Texas makes this annual report for Tax Increment Reinvestment Zone No. 1 (TIRZ No. <br />1) for the fiscal year 2022/2023 ending September 30, 2023: <br />1. The amount and source of revenue in the tax increment fund established for <br />the zone (Sec. 312.016 (a)(1)): <br />The amount of revenue in the Fund as of September 30, 2023 was $97,420.92.The <br />source of revenue is fifty percent (50%) of ad valorem taxes owed to the City of Paris, <br />Texas on the incremental taxable value over and above the base value as established on <br />January 1, 2019. <br />2. The amount and purpose of expenditures from the fund (Sec. 312.016 (a)(2)): <br />There were no expenditures made from the fund in FY 2022/2023. <br />3. The amount of principal in interest due on outstanding bond indebtedness <br />(Sec. 312.016(a)(3)): <br />The Fund has issued no bonds and has no indebtedness. <br />4. The tax increment base and current captured appraised value retained by the <br />zone (Sec. 312.016(a)(4)): <br />The tax increment base retained by the Zone as of September 30, 2023 was <br />$49,649,542.00. The current appraised value retained by the Zone as of September 30, <br />2023 was $72,846,830.00. <br />5. The captured appraised value shared by the municipality and other taxing <br />units, the total amount of tax increments received, and any additional <br />information necessary to demonstrate compliance with the tax increment <br />financing plan adopted by the governing body of the municipality. <br />As of September 30, 2023, the captured appraised value shared by the municipality and <br />other taxing units was $72,846, 830.00. The total amount of all tax increments received <br />since January 1, 2019 is $97,420.92 representing FYs 2020/2021, 2021/2022, and <br />