2005 PARIS, TENNESSEE POPULATION/TAX DATA

POPULATION

City County

2000(Census)............... 2004(Estimates)............... 9,860 9,650 31,506 31,185 % Nonwhite (2000 census) 23 11

 

TAX STRUCTURE

Local

City County Property Tax Rate Per $100 Value..... $0.76 $2.42 Ratio of Assessment Residential..... 25% 25% Industrial..... 40% 40% Personal (Equipment) 30% 30%

(Inventory Tax) Raw Materials Only

Bonded Debt.......... $4,748,000 $20,000,000 Assessed Valuation $433,241,270 $1,451,322,380 School Tax.......... $0.42 $0.00 Sales Tax.......... 0.00% 2.25% Hotel-Motel Tax..... 0.00% 0.00%

State

Sales Tax.......... 7%(6% for food and food ingredients for human consumption)

Income Tax Personal..... 6% on Interest & Dividends Excise..... 6.5% of Net Earnings Franchise.......... .25 per $100 of Capital Properties Unemployment Tax New Employers.....2.7% of first $7000


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