|
and other post -employment benefits. Inflows anticipate future contributions to the pension plan and retiree health care
<br />and other post -employment benefits as well as certain asset retirement obligations.
<br />Governmental Activities
<br />Increase
<br />2024 2023 (Decrease)
<br />42,866,263
<br />The following table provides a summary of the City's operations for the years ending 2024 and 2023 for both governmental
<br />and business -type activities.
<br />Revenues
<br />Program Revenues
<br />Charges for Services
<br />Operating Grants and
<br />Contributions
<br />City of Paris Changes
<br />in Net Position
<br />Governmental Activities
<br />10,055,565 11,972,295
<br />1,467,445 1,536,446
<br />Business -Type Activities
<br />20,935,627
<br />468,281
<br />8
<br />$ 19,633,034
<br />998,533
<br />Total
<br />$ 30,991,192
<br />1,935,726
<br />$ 31,605,329
<br />2,534,979
<br />Governmental
<br />Property Taxes $ 11,121,845 $ 9,207,529 $ 1,914,316
<br />activities
<br />Sales Taxes 10,828,578 10,496,451 332,127
<br />decreased the
<br />Franchise Taxes 4,697,982
<br />City of Paris'
<br />Hotel Occupancy Taxes 1,451,801 4,725,373 (27,391)
<br />net position
<br />Unrestricted Investment Earnings 1,968,083 1,284,639
<br />by
<br />Miscellaneous 3,061,069 1,369,937 167,162
<br />$15,837,986
<br />Gain Loss onDis Disposal -
<br />(Loss) p 1,012,657
<br />Or 25.91%
<br />Program Revenues 12,760,438 170,071 598,148
<br />during the
<br />14,599,606 2,048,412
<br />current fiscal
<br />(170,071)
<br />year. This
<br />(1,839,168)
<br />decrease was
<br />caused by the reclassification of grant revenue from the General fund to the Water/Sewer Fund and
<br />a transfer from
<br />Debt Service to the Water/Sewer Fund to reclassify debt issuance. Total general and program revenues were up
<br />$3,023,535 (7.05%). The largest contributors to this increase were property taxes and miscellaneous revenue.
<br />General Revenues & Program Revenues
<br />Increase
<br />2024 2023 (Decrease)
<br />42,866,263
<br />The following table provides a summary of the City's operations for the years ending 2024 and 2023 for both governmental
<br />and business -type activities.
<br />Revenues
<br />Program Revenues
<br />Charges for Services
<br />Operating Grants and
<br />Contributions
<br />City of Paris Changes
<br />in Net Position
<br />Governmental Activities
<br />10,055,565 11,972,295
<br />1,467,445 1,536,446
<br />Business -Type Activities
<br />20,935,627
<br />468,281
<br />8
<br />$ 19,633,034
<br />998,533
<br />Total
<br />$ 30,991,192
<br />1,935,726
<br />$ 31,605,329
<br />2,534,979
<br />
|