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CURRENT EXPENSES: <br />For the payment of CURRENT EXPENSES of the City <br />Government of the City of Paris, on each and every <br />One Hundred Dollars worth of property situated <br />within the corporate limits of City of Paris and <br />subject to taxation a tax of $0.31292 <br />(of which $0.00082 will be for the operation of the <br />Paris Municipal Band) <br />For paying interest and creating a sinking fund for General <br />Obligation Bonds Series 2017, on each and every One <br />Hundred Dollars' worth of property situated within the <br />Corporate limits of the City of Paris and subject to <br />taxation, a tax of $0.02482 <br />For paying interest and creating a sinking fund <br />for Tax Notes 2020 on each and every One Hundred Dollars' <br />worth of property situated within the corporate limits of Paris <br />and subject to taxation, a tax of $0.00779 <br />For paying interest and creating a sinking fund for <br />General Obligation Refunding Bonds Series 2020 <br />on each and every One Hundred Dollars' worth <br />of property situated within the corporate limits of <br />Paris and subject to taxation, a tax of $0.00818 <br />For paying interest and creating a sinking fund for <br />Certificates of Obligation Series 2021 on each and <br />Every One Hundred Dollars' worth of property situated <br />Within the corporate limits of Paris and subject to <br />Taxation, a tax of $0.05003 <br />For paying interest and creating a sinking fund for <br />General Obligation Refunding Bonds Series 2023 <br />on each and every One Hundred Dollars' worth <br />of property situated within the corporate limits of <br />Paris and subject to taxation, a tax of $0.05746 <br />Total Debt Rate $ 0.14828 <br />TOTAL TAX RATE $0.46120 <br />Section 3. THIS TAX RATE WILL RAISE MORE TAXES FOR MAINTENANCE <br />AND OPERATIONS THAN LAST YEAR'S TAX RATE. THE TAX RATE WILL <br />EFFECTIVELY BE RAISED BY 6.63 PERCENT AND WILL RAISE TAXES FOR <br />