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The following table provides a summary of the City's operations for the years ending 2011 and 2012 for both
<br />governmental and business-type activities.
<br />Changes in Net Assets
<br />Revenues
<br />Program Revenues:
<br />Charges for Services
<br />Operating Grants
<br />and Contributions
<br />Capital Grants
<br />and Contributions
<br />General Revenues:
<br />Property Taxes
<br />Sales Taxes
<br />Franchise Ta�ces
<br />Hotel Occupancy Taxes
<br />Unrestricted
<br />Investment Earnings
<br />Other
<br />Total Revenues
<br />Expenses
<br />General Government
<br />Finance
<br />Public Safety
<br />Public Works
<br />Health
<br />Library Service
<br />Cox Field
<br />Interest on
<br />Long-term debt
<br />Water & Sewer
<br />Total Expenses
<br />Governmental Activities Business-type Activities
<br />2011 2012 2011 2012
<br />$ 5,010,646 $ 5,260,318 $ 13,798,137 $ 13,852,441
<br />1,953,631 1,305,387 -
<br />205,628 636,974 -
<br />7,620,281
<br />6,033,469
<br />2,719,496
<br />449,213
<br />7,619,472
<br />5,993,859
<br />2,731,097
<br />498,66'7
<br />Total
<br />2011 2012
<br />$ 18,808,783 $ 19,112,759
<br />1,953,631 1,305,387
<br />- 205,628 636,974
<br />- 7,620,281 7,619,472
<br />- 6,033,469 5,993,859
<br />- 2,719,496 2,731,097
<br />_ 449,213 498,667
<br />84,327 55,875 162,374 63,722 246,701 119,597
<br />- 1,642,126 434,500 303,910 434,500 1,946,036
<br />24,076,691 25,743,775 14,395,011 14,220,073 38,471,702 39,963,848
<br />2,890,290
<br />437,320
<br />9,880,712
<br />7,667,367
<br />3,202,551
<br />719,240
<br />220,027
<br />2,094, I 10
<br />480,144
<br />10,771,351
<br />7,568,269
<br />3,416,360
<br />712,033
<br />261,463
<br />2,890,290
<br />437,320
<br />9,880,712
<br />7,667,367
<br />3,202,551
<br />719,240
<br />220,027
<br />2,094,110
<br />480,144
<br />10,771,351
<br />7,568,269
<br />3,416,360
<br />712,033
<br />261,463
<br />438,460 342,554 - - 438,460 342,554
<br />_ - 10,694,363 11,008,967 10,694,363 11,008,967
<br />25,455,967 25,646,284 10,694,363 11,008,967 36,150,330 36,655,251
<br />Increase (Decrease) in
<br />Net Assets Before Transfers (1,379,276) 97,491 3,700,648 3,211,106 2,321,372 3,308,597
<br />Transfers/SpecialItem 764,880 3,486,508 (764,880) (3,486,508) - -
<br />Increase (Decrease) in
<br />Net Assets (614,396) 3,583,999 2,935,768 (275,402) 2,321,372 3,308,597
<br />Balance Beginning of Year 42,685,480 42,071,084 40,336,276 43,272,044 83,021,756 85,343,128
<br />Balance End ofYear $ 42,071,084 $ 45,655,083 $ 43,272,044 $ 42,996,642 $ 85,343,128 $ 88,651,725
<br />Business-type Activities
<br />Business-type activities decreased the City's net assets by $275,402. This decrease was caused primarily by
<br />transfers to governmental activities including administrative fees to the general fund, franchise payment to the
<br />general fund, and funding of the capital projects fund for utility related capital items. See foofiote IV. E. for
<br />details of interfund transfers.
<br />Financial Analysis of the Government's Funds
<br />As noted earlier, the City of Paris uses fund accounting to ensure and demonstrate compliance with finance-
<br />related legal requirements.
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