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Net Position
<br />Net Investment in
<br />Increase
<br />Capital Assets
<br />28,267,799
<br />31,070,770 20,720,075 26,718,407
<br />48,987,874.
<br />57,789,177
<br />Restricted
<br />6,528,631 _
<br />7,540 275 - -
<br />6,528,631
<br />7,540,275
<br />Unrestricted
<br />22m093 914
<br />22 295,017m_ 15,457.391 15 782,99 0 _
<br />� � � mm
<br />551
<br />37 .305
<br />,�... ...
<br />38„078,007
<br />Total Net Position
<br />$ 56.890.344
<br />$ 60,906,062 $ 36,177,466 $ 42 501,397
<br />$ 93,067,810
<br />$103„407,459
<br />An additional portion of the City of Paris' net position ($7,540,275 or 7.29%) represents resources that are subject to
<br />external restrictions on how they may be used. The balance of unrestricted net position ($38,078,007 or 36.82%)
<br />may be used to meet the government's ongoing obligations to citizens and creditors.
<br />At the end of the current fiscal year, the City of Paris is able to report positive balances in all three categories of net
<br />position, both for the government as a whole, as well as for its separate governmental and business -type activities
<br />net investment in capital assets, restricted net position, and unrestricted net position. This was also true for the prior
<br />fiscal year.
<br />Statement 1 reflects the relevant deferred outflows and inflows for the fiscal year. Outflows are intended to account
<br />for the anticipated future liabilities for pension payments as well as contributions toward the cost of retiree health
<br />care and other post -employment benefits. Inflows anticipate future contributions to the pension plan and retiree
<br />health care and other post -employment benefits as well as certain asset retirement obligations.
<br />Governmental Activities
<br />Governmental activities increased the City of Paris' net position by $4,015,718 or 7.05% during the current fiscal
<br />year. The bulk of this increase was caused by Total general and program revenues were up $5,383,135 (16.38%).
<br />The largest contributors to this increase were program revenues, sales tax, and unrestricted investment earnings.
<br />Property Taxes
<br />Sales Taxes
<br />Franchise Taxes
<br />Hotel Occupancy Tax
<br />Unrestricted Investment Earnings
<br />Miscellaneous
<br />Gain (Loss) on Sale of Capital Asset
<br />Program Revenues
<br />General Revenues & Program Revenues
<br />Increase
<br />22
<br />�..............................
<br />2023 m
<br />�..-........-......
<br />Decrease) _.-
<br />$ 9,863,420
<br />$ 9,207,529 $
<br />(655,891)
<br />9,650,605
<br />10,496,451
<br />845,846
<br />4,827,601
<br />4,725,373
<br />(102,228)
<br />1,151,124
<br />1,284,639
<br />133,515
<br />279,262
<br />1,369,937
<br />1,090,675
<br />1,548,315
<br />1,012,657
<br />(535,658)
<br />111,727
<br />170,071
<br />58,344
<br />10,808 24614
<br />599 606
<br />3,791,360
<br />40 300
<br />$ 42,866,263 $
<br />4k25 963
<br />
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