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Paris Economic Development Corporation ° n 17, j it rF' „
<br />(A Component Unit of the City of Paris, Texas)
<br />Required Supplementary Information
<br />Budgetary Comparison Schedule - General Fund
<br />For the Year Ended September 30, 2011
<br />Variance with
<br />Final Budget
<br />Budgeted
<br />Amounts
<br />Actual
<br />Positive
<br />Original
<br />Final
<br />Amounts
<br />(Negative)
<br />Revenues:
<br />Sales Tax
<br />$ 1,000,000
<br />$ 1,000,000
<br />$ 1,206,494
<br />$ 206,494
<br />Investment Earnings
<br />87,634
<br />87,634
<br />64,671
<br />(22,963)
<br />Miscellaneous
<br />-
<br />-
<br />7,500
<br />7,500
<br />Total Revenues
<br />1,087,634
<br />1,087,634
<br />1,278,665
<br />191,031
<br />Expenditures:
<br />Industrial Support and Incentives
<br />552,239
<br />552,239
<br />324,732
<br />227,507
<br />Office Supplies and Postage
<br />11,700
<br />11,700
<br />10,011
<br />1,689
<br />Communications - Telephone
<br />5,600
<br />5,600
<br />6,194
<br />(594)
<br />Car Allowance
<br />9,000
<br />9,000
<br />9,000
<br />-
<br />Insurance and Bonds
<br />3,200
<br />3,200
<br />2,859
<br />341
<br />Travel Expenses
<br />27,000
<br />27,000
<br />25,963
<br />1,037
<br />Publications
<br />500
<br />500
<br />-
<br />500
<br />All Utilities
<br />2,700
<br />2,700
<br />1,855
<br />845
<br />Miscellaneous
<br />1,000
<br />1,000
<br />960
<br />40
<br />Contractual - Associations
<br />10,000
<br />10,000
<br />12,079
<br />(2,079)
<br />Training
<br />8,000
<br />8,000
<br />7,900
<br />100
<br />Promotional Advertising
<br />50,000
<br />50,000
<br />52,798
<br />(2,798)
<br />Chamber Administration Fee
<br />60,000
<br />60,000
<br />60,000
<br />-
<br />Personnel Compensation
<br />225,997
<br />225,997
<br />220,152
<br />5,845
<br />Sundry Charges
<br />5,000
<br />5,000
<br />4,750
<br />250
<br />Equipment
<br />3,000
<br />3,000
<br />2,997
<br />3
<br />Industrial Park
<br />18,000
<br />18,000
<br />14,782
<br />3,218
<br />Total Expenditures
<br />992,936
<br />992,936
<br />757,032
<br />235,904
<br />Excess of Revenues Over
<br />Expenditures
<br />94,698
<br />94,698
<br />521,633
<br />426,935
<br />Other Financing Sources/Uses:
<br />Transfer to Debt Service Fund
<br />(350,207)
<br />(350,207)
<br />(417,614) (67,407)
<br />Net Change (Decease) in Fund Balances
<br />(255,509)
<br />(255,509)
<br />104,019 359,528
<br />Fund Balances/Beginning of the Year
<br />6,218,053
<br />6,218,053
<br />6,218,053 -
<br />Fund Balances/End of the Year
<br />$ 5,962,544
<br />$ 5,962,544
<br />$ 6,322,072 $ 359,528
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