Laserfiche WebLink
City Council Budget Presentation <br />Paris Economic Development Corporation <br />August 13, 2012 <br />FY 2012-13 Proposed Budget Highlights <br />Paris FDC Budget Ratio Comparisons: <br />FY1041 Act~rsd <br />F'Yll-12 Proje <br />% Of <br />Amount Budget <br />Amount <br />Annual Budgct $1,271,165 - <br />S 2,972,500 <br />Fixed Costs (Overhead) S 432,300 347/o <br />26% <br />$ 457,208 <br />420 <br />S 521 <br />Ncw & Existing ]ndustry 5 324,732 <br />, <br />]ncentivc Payments (from Resen•es) s - 0% <br />s - <br />Debt Service (from Reserves) 5 - 0% <br />$ 315,120 <br />Hwy. 19/24 Proj. (from Reserves) s - 0% <br />$ 1,450,000 <br />To Reserves S 514,133 40% <br />$ 228,752 <br />Totals $1,271,165 100'/o <br />S 2,972,500 <br />Fixed Costs (Overhead) Excluding HW19/24 Funding from Budget <br />$ 1,522,500 <br />Paris EDC Budget Summary <br />Revenues Budget As °/Q <br />I/4 Cent Sales 7ax $ 1>200,000 60.60% <br />Interest lncome 15,000 <br />0.7b% <br />From Reserves for Incentives & Bonds 765,264 38•64% <br />Total Revenue <br />S 1,980,264 <br />10 <br />0.00% <br />- 13 <br />/rA 'r <br />ot <br />Amouat <br />Budget <br />t <br />$ <br />],980,264 <br />S <br />444,070 <br />22% <br />18% <br />$ <br />571,019 <br />29% <br />00/. <br />S <br />410,000 <br />2l % <br />1l% <br />S <br />355,264 <br />18% <br />49% <br />S <br />- <br />0% <br />8% <br />$ <br />199,911 <br />10% <br />lpp% s 1,980,264 100% <br />