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City of Paris' Changes in Net Assets
<br /> Governmental Activities Business-Ty pe Activities Total
<br /> 2007 2006 2007 2006 2007 2006
<br />Revenues:
<br />Program Revenues:
<br />Charges for Services $ 4,859,170 $ 4,896,619 $ 12,359,516 $ 12,879,592 $ 17,218,686 $ 17,776,211
<br />Operating Grants
<br />and Contributions 1,244,186 1,660,785 - - 1,244,186 1,660,785
<br />Capital Grants
<br />and Contributions 25,599 230,177 - - 25,599 230,177
<br />General Revenues:
<br />Property Taxes 7,924,453 7,583,269 - - 7,924,453 7,583,269
<br />Sales Taxes 5,673,616 5,401,371 - - 5,673,616 5,401,371
<br />Franchise Taxes 3,082,183 3,053,671 - - 3,082,183 3,053,671
<br />Hotel Occupancy Tax 430,991 396,333 - - 430,991 396,333
<br />Unrestricted
<br />Investment Earnings 571,678 342,306 367,601 284,899 939,279 627,205
<br />Other 102,195 568 - 32,600 102,195 33,168
<br />Total Revenues 23,914,071 23,565,099 12,727,117 13,197,091 36,641,188 36,762,190
<br />
<br />Expenses:
<br />General government 1,722,181 1,391,781 - - 1,722,181 1,391,781
<br />Finance 426,485 556,076 - - 426,485 556,076
<br />Public Safety 9,045,085 9,138,101 - - 9,045,085 9,138,101
<br />Public Works 7,217,841 6,826,116 - - 7,217,841 6,826,116
<br />Health 2,897,836 2,889,602 - - 2,897,836 2,889,602
<br />Library Service 690,413 745,653 - - 690,413 745,653
<br />Cox Field 236,414 264,181 - - 236,414 264,181
<br />Interest on
<br />Long-Term Debt 584,861 614,799 - - 584,861 614,799
<br />Water & Sewer - - 10,839,828 10,912,834 10,839,828 10,912,834
<br />Total Expenses 22,821,116 22,426,309 10,839,828 10,912,834 33,660,944 33,339,143
<br />
<br />Increase in Net Assets
<br />Before Transfers 1,092,955 1,138,790 1,887,289 2,284,257 2,980,244 3,423,047
<br />Transfers 1,100,000 1,090,000 (1,100,000) (i ,090,000) - -
<br />Increase in Net Assets 2,192,955 2,228,790 787,289 1,194,257 2,980,244 3,423,047
<br />Net Assets 10-1-2006 39,804,063 37,575,273 32,737,336 31,543,079 72,541,399 69,118,352
<br />Net Assets 9-30-2007 $ 41,997,018 $ 39,804,063 $ 33,524,625 $ 32,737,336 $ 75,521,643 $ 72,541,399
<br />
<br />Business-Type Activities
<br />Business-type activities increased the City of Paris' net assets by $787,289. This increase was from a combination of
<br />reduced expenses and increased investment earnings.
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