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City of Paris October 2007 Financial Report Comments Net to Date Comparison: 1. Franchise fees are up because the 2006-07 Water & Utility franchise amount was transferred for the first time in January 2007 compared to the first 2007-08 transfer being made in October 2007. 2. The 2006-07 sanitation fees were first transferred in November 2006 compared to October 2007 in the 2007-08 fiscal year. 3. EMS fees are up 13% as the number of runs continues to rise. EMS runs in October 2007 were 680 compared to 591 in October 2006. 4. Water & Sewer "Miscellaneous" revenues are behind last year primarily because 2006 sanitation fees collected by the water utility were not transferred to the General Fund until November 2006 and were still reflected in the October 2006 utility collections number. Departmental Expenditure Summary: 5. General Fund expenditures for October 2007 are $460,621 more than October 2006. The increase is due primarily to the purchase in October 2007 of police cars $125,157, an ambulance $96,100, the payment of hotel taxes to the Chamber $104,565, and payment of fees due the Lamar County Appraisal District $36,792. No similar payments were made in October 2006. The remaining $98,000 difference is spread out among a number of departments. 6. The Water Billing expenditures for October 2007 do reflect the transfer for administration expenses and franchise fees while the October 2006 expenditures do not include this transfer. The first such transfer for fiscal year 2006-07 occurred in January 2007. 7. Water Production and Distribution expenses as well as Lift Station expenses are down because no electric bill was paid in October 2007. 8. Wastewater Treatment expenses were up due to the TCEQ license being paid in October 2007 while it was paid last year in November 2006. Also expenses for gasoline, chemicals, sludge removal, and equipment maintenance were higher than last year.