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<br />City of Paris <br />January 2007 Financial Report <br />Comments <br /> <br />On the "Net To Date Comparison", please note the following. <br /> <br />1. "Franchise Fees" collected are higher at this point ofthe year because TXU <br />Energy now pays its franchise fees quarterly as opposed to annually. Also a <br />prorated share of the water and sewer utility has been paid. <br />2. The "Leases" amount is down because last year this category reflected leases and <br />some grant revenue. The related grants were moved to the Grant Fund for 2007. <br />3. "Permits" are up this year due to Kimberly Clark's 20 million dollar expansion. <br />This permit alone was over $45,000. <br />4. "General Fund Miscellaneous Fees" are up due to the receipt of a TML equity <br />distribution to member cities ofthe Pool that covers general liability and worker's <br />compensation expenses. <br />5. "Water Sales" are down because of decreased residential usage. Rainfall in the <br />first three months of the fiscal year was 14.5 inches compared to 1.47 inches the <br />preVIOUS year. <br />6. "Miscellaneous Water & Sewer Fees" are up due to some 2005-06 late fees were <br />overlooked and not posted until October. <br />7. Water & Sewer Fund "Interest" is up due to the decreased period of investment of <br />some money which causes interest payments to be made sooner rather than later. <br />