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City of Paris December 2024 Financiai Report.Comments. Net to Date Comparison of Revenues: 1. The operations and maintenance property tax and related collections reported are 15.35% less than what was reported in 2023. This large difference is a timing issue. The Lamar County Appraisal District has not made as many deposits this December compared to last year. Current tax collections this year are 25.32% of the tax levy vs. 31.01% last year. 2. Sales taxes are up 2.95% from last year ($78,787). 3. Hotel occupancy taxes are up 33.42% compared to last year ($89,790). 4. Franchise fees are down 3.30% compared to last year ($29,224). This is due to small decreases from Atmos, Oncor, Suddenlink, and ROW use fees, and the solid waste street use fee. 5. Permit fees are down 58.11% from last year ($171,067). Building permit fees for new construction were unusually high last year. 6. Municipal Court fines and related fees are up 22.67% compared to last year ($9,116). 7. Other revenue includes leases, interest, copy fees, birth & death certificates, library fees, mixed beverage tax, and other minor revenues. This revenue is up 21.24% ($55,238). 8. Sanitation fees are up 617.50% ($314,320). This large increase is due to the closing of the Sanitation Fund and redirecting the funding to pay for CARDS services and other sanitation efforts in the general fund. 9. EMS fees are up 106.37% compared to last year ($672,679). Our 3rd party collection agency had issues in the first quarter of last year. Collections were well below what they should have been. The company addressed the issue and collections picked up. 10. Lamar County EMS contributions are up 4.90% ($5,462) compared to last year. 11. Interest revenues are down 28.69% ($96,820). Interest rates have dropped somewhat from their peak, but the timing of interest payments also impacts this revenue. 12. W&S Admin Fees are up 8.33% ($24,999). This increase was expected and allowed for in the budget. 13. Total General Fund revenues are up 6.46% compared to last year ($548,321). General Fund revenues equal 34.11% of the budget with the City being 25.00% through the budget year. 14. Total General Fund expenditures are up 13.88% ($945,362) compared to last year. General Fund expenditures to date equal 21.63% of budget with the City being 25.00% through the budget year. 15. Sewer revenue was up 4.41% ($121,184). 16. Water revenue was up 3.93% ($89,641). 17. Other revenue sources are up 5.84% ($11,112). 18. Total Water & Sewer revenues, ignoring transfers and adjustments, are 4.25% above last year ($221,938) and represent 24.52% of the total budget. 19. Total Water & Sewer expenses are 9.30% above last year ($266,765) at this point and represent 14.91% of the total budget (33.42% adjusted for debt payments.) while the City is 25.00% through the budget year. 20. The Airport Fund revenues are up 11.78% ($27,837) compared to last year. Expenditures are up 16.14% ($40,369) compared to last year. This leaves the airport with a $26,363 operating deficit after one quarter of operation and a $15,551 cash deficit.