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.CITY OF PARIS, TEXAS
<br />Statement 8
<br />Statement of Revenues, Expenses, and Changes in Fund Net Position
<br />1,559,712
<br />Proprietary Funds
<br />4,047,125
<br />Year Ended September 30, 2023
<br />1,042,052
<br />Sundry Charges
<br />Water and Sewer
<br />Bad Debt Expense
<br />Ente rise Fund
<br />Operating Revenues
<br />434,233
<br />Charges for Sales and Services
<br />2,672,591
<br />Water Sales and Taps
<br />$ 9,123 961
<br />Sewer Charges and Taps
<br />91983,741
<br />Sanitation Billing Fees
<br />76,490
<br />Service Charges
<br />174,954
<br />Industrial Surcharges
<br />11,415
<br />Miscellaneous
<br />262,473
<br />Total Operating Revenues
<br />19,633,034
<br />Operating Expenses
<br />Personnel
<br />3,673,039
<br />Supplies
<br />1,559,712
<br />Contractual
<br />4,047,125
<br />Maintenance
<br />1,042,052
<br />Sundry Charges
<br />923,444
<br />Bad Debt Expense
<br />56,644
<br />Other
<br />434,233
<br />Depreciation/Amortization
<br />2,672,591
<br />Amortization of Water Rights
<br />35,632
<br />Amortization of Asset Retirement Obligation
<br />183,928
<br />Total Operating Expenses
<br />14,628,400
<br />Operating Income
<br />5,004 634
<br />Nonoperating Revenues (Expenses)
<br />Investment Earnings
<br />2,410,750
<br />Property Taxes
<br />1,228,894
<br />Net Increase (Decrease) in the Fair Value of Investments
<br />837,535
<br />Intergovernmental
<br />998,533
<br />Gain/(Loss) on Sale of Capital Assets
<br />38,800
<br />Interest Expense
<br />(4,112,263)
<br />Bond Issue Costs
<br />(302,871)
<br />Net Nonoperating Revenues (Expenses)
<br />1,099,378
<br />Income Before Contributions, Other Revenue, and Transfers 6,104,012
<br />Capital Contributions, Other Revenue, and Transfers
<br />Capital Contributions 62,500
<br />Transfers In 1,306,850
<br />Transfers Out (1,149,431)
<br />Total Capital Contributions, Other Revenue, and Transfers 219,919
<br />Changes in Net Position 6,323,931
<br />Total Net Position - Beginning 36,177,466
<br />Total Net Position - Ending $ 42,501 „397
<br />The accompanying notes to the financial statements are an integral part of this statement.
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