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CITY OF PARIS, TEXAS
<br />Notes to Financial Statements (Continued)
<br />September 30, 2025
<br />IV. Detailed Notes All Activities and Funds (Continued)
<br />C. Accounts Receivable and Payable
<br />Amounts are aggregated into a single accounts receivable (net of allowance for uncollectible) line for certain
<br />funds and aggregated columns. Below is the detail of receivables in the aggregate, including the applicable
<br />allowances for uncollectible accounts:
<br />Net receivable balances not expected to be collected within one year are Property Taxes - $630,654, Fines -
<br />$56,732, EMS - $393,352, Street Assessments - $26,473, Leases - $1,977,470 and Notes - $1,836,664.
<br />Governmental funds report deferred inflows of resources in connection with receivables for revenue that is not
<br />considered to be available to liquidate liabilities of the current period. At September 30, 2025, the deferred
<br />inflows of resources were $2,691,563.
<br />At year end, PEDC had a receivable for sales tax of $441,303 and grants of $220,429. The balances are
<br />expected to be collected within one year.
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<br />Nonmajor
<br />Governmental
<br />General _..._
<br />Debt Service
<br />Funds _ ...._....
<br />Ente0lprise ...
<br />Receivables
<br />Accrued Interest
<br />$ 43,832
<br />$ -
<br />$ 2,043
<br />$ 165,956
<br />Property Taxes
<br />1,052,218
<br />134,345
<br />-
<br />40,878
<br />Sales Taxes
<br />2,205,987
<br />-
<br />-
<br />-
<br />Hotel Occupancy Taxes
<br />353,295
<br />-
<br />-
<br />-
<br />Franchise Taxes
<br />496,837
<br />-
<br />-
<br />-
<br />Accounts
<br />279,690
<br />-
<br />78,039
<br />3,434,750
<br />Street Assessments
<br />26,473
<br />-
<br />-
<br />-
<br />Fines
<br />2,565,440
<br />-
<br />-
<br />-
<br />EMS
<br />5,081,122
<br />-
<br />-
<br />-
<br />Leases
<br />1,193,382
<br />-
<br />943,923
<br />-
<br />Notes
<br />12967,986
<br />-
<br />......._..._.
<br />Gross Receivables
<br />--15,266,262
<br />134,345
<br />1,024,005
<br />3,64 1,584
<br />Less Allowance for Uncollectible
<br />f 6 476 602
<br />i34 9921
<br />__ ,,,.... ..,
<br />684
<br />155,N�
<br />Net Total Receivables
<br />,
<br />$ 8,789,660
<br />$ 99,353
<br />$ 1,024,005
<br />$ 3,585,900
<br />Net receivable balances not expected to be collected within one year are Property Taxes - $630,654, Fines -
<br />$56,732, EMS - $393,352, Street Assessments - $26,473, Leases - $1,977,470 and Notes - $1,836,664.
<br />Governmental funds report deferred inflows of resources in connection with receivables for revenue that is not
<br />considered to be available to liquidate liabilities of the current period. At September 30, 2025, the deferred
<br />inflows of resources were $2,691,563.
<br />At year end, PEDC had a receivable for sales tax of $441,303 and grants of $220,429. The balances are
<br />expected to be collected within one year.
<br />46
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