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Agenda Packet
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01-13-2025
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Agenda Packet
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CITY OF PARIS, TEXAS <br />Direct and Overlapping <br />Governmental Activities Debt <br />September 30, 2023 <br />Unaudited <br />General <br />Percent <br />Obligation <br />Applicable <br />Bonded Debt <br />to <br />Taxing, Jurisdiction Outstanding <br />Government <br />Lamar County $ 6,153,349 <br />Paris Independent School District 40,280,000 <br />Chisum Independent School District 53,342,503 <br />North Lamar Independent School District 43,405,000 <br />Subtotal Overlapping Debt 143,180,852 <br />City of Paris (Includes General Obligation Debt and Capital Leases) 11,000,915 <br />Total Direct and Overlapping Debt $ 154,181,767 <br />Per Capita Direct and Overlapping Funded Debt $ 6,185 <br />62.75% <br />49.30 <br />47.75 <br />58.23 <br />100.00 <br />Sources: Outstanding debt and applicable percentages provided by each governmental unit. <br />Table 11 <br />Amount <br />Applicable <br />to <br />Government <br />$ 3,861,225 <br />19,858,040 <br />25,471,045 <br />25,274,732 <br />74,465,043 <br />11,000,915 <br />$ 85,465,958 <br />$ 3,428 <br />Note: Overlapping governments are those that coincide, at least in part, with geographic boundaries of the City. <br />This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne <br />by the property taxpayers of the City of Paris. This process recognizes that, when considering the <br />government's ability to issue and repay long-term debt, the entire debt burden borne by the property <br />taxpayers should be taken into account. However, this does not imply that every taxpayer is a resident, <br />and therefore responsible for repaying the debt, of each overlapping government. <br />112 <br />
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