Capital Improvement
Explore this fund’s reported income, spending, and balances. The summary shows audited FY2025 figures; each section identifies its own years.
Fund balance is the reported amount remaining, not necessarily cash available to spend.
Financial historyAudited 2017-2018 through 2024-2025 revenue, financing, and balances.
Separately reported throughout FY2017–18 through FY2024–25. Earlier statements use net transfers; later statements separate incoming and outgoing transfers. Construction funds for school and bond projects are not folded into this fund.
These are governmental fund statements, not cash-flow statements. Fund balance includes more than cash on hand. A dash means no separate amount reported; it is not a fabricated historical value.
| Measure | Actual2017-2018 | Actual2018-2019 | Actual2019-2020 | Actual2020-2021 | Actual2021-2022 | Actual2022-2023 | Actual2023-2024 | Actual2024-2025 |
|---|---|---|---|---|---|---|---|---|
| Beginning fund balance | 5,909,095 | 6,236,785 | 5,250,964 | 6,921,446 | 6,486,680 | 9,476,482 | 12,467,331 | 15,148,372 |
| Revenue | 473,816 | 1,319,522 | 2,250,273 | 203,301 | 2,858,978 | 2,987,648 | 1,716,149 | 1,253,919 |
| Expenditures | 516,126 | 2,545,343 | 1,302,436 | 634,430 | 3,679,176 | 4,021,799 | 1,935,108 | 3,347,480 |
| Transfers received | — | — | — | — | 3,560,000 | 4,025,000 | 2,900,000 | 1,942,000 |
| Transfers sent | — | — | — | — | — | — | — | 650,000 |
| Transfers, net (older format) | 370,000 | 50,000 | 722,645 | (3,637) | — | — | — | — |
| Other financing sources / (uses) | — | 190,000 | — | — | 250,000 | — | — | — |
| Ending fund balance | 6,236,785 | 5,250,964 | 6,921,446 | 6,486,680 | 9,476,482 | 12,467,331 | 15,148,372 | 14,346,811 |
Beginning balance + revenue − expenditures + transfers received − transfers sent + net transfers + debt issued + other financing = ending balance. Unreported activity contributes no separately reported amount to this schedule check. Matching arithmetic does not resolve conflicting schedules.
Year-specific source notes
- 2017-2018: Capital Improvement. Older statement reports transfers net. PDF page 29
- 2018-2019: Capital Improvement. Older statement reports transfers net. Other financing is capital contributions of $190,000. PDF page 33
- 2019-2020: Capital Improvement. Older statement reports transfers net. PDF page 36
- 2020-2021: Capital Improvement. Older statement reports transfers net. PDF page 32
- 2021-2022: Capital Improvement Fund. Other financing is contributed capital of $250,000. PDF page 36
- 2022-2023: Capital Improvement Fund. PDF page 36
- 2023-2024: Capital Improvement. PDF page 36
- 2024-2025: Capital Improvement Fund. Revenue includes $521,208 intergovernmental funding, $705,170 investment income and $27,541 miscellaneous revenue. Audit expenditures of $3,347,480 plus outgoing transfers of $650,000 equal the budget-book total of $3,997,480. Transfers are $629,000 to General Fund and $21,000 to Sanitation, as documented in the existing transfer review. PDF page 33
Transfers and borrowing are separate from revenue. Do not add these fund totals to department spending or count internal transfers twice.
Revenue detailCompare income across fiscal years, with the latest year's detailed sources below.
Audited revenue, not cash receipts. Transfers and borrowing are separate. A dash means the category is not separately reported here.
| Revenue source | ActualFY2018 | ActualFY2019 | ActualFY2020 | ActualFY2021 | ActualFY2022 | ActualFY2023 | ActualFY2024 | ActualFY2025 |
|---|---|---|---|---|---|---|---|---|
| Intergovernmental | 288,065 | 1,136,087 | 609,128 | 53,648 | 2,781,089 | 2,594,738 | 986,298 | 521,208 |
| Investment and interest income | 74,757 | 125,839 | 79,656 | 9,625 | 18,692 | 338,351 | 705,211 | 705,170 |
| Miscellaneous | 110,994 | 57,596 | 81,035 | 140,028 | 59,197 | 54,559 | 24,640 | 27,541 |
| Other local taxes | — | — | 1,480,454 | — | — | — | — | — |
| Total revenue | 473,816 | 1,319,522 | 2,250,273 | 203,301 | 2,858,978 | 2,987,648 | 1,716,149 | 1,253,919 |
What the revenue records show
FY2021 to FY2022: Revenue increased by $2,655,677, led by a $2,727,441 increase in intergovernmental revenue. Grant and project records are needed to explain the underlying receipts. Council records identify ARPA allocations and road funding, but approved allocations are not evidence of the amounts recognized as revenue that year. FY2021 source FY2022 source
FY2023 to FY2024: Revenue fell by $1,271,499. Intergovernmental revenue declined $1,608,440, partly offset by higher investment income. This does not establish which projects received less funding. FY2023 source FY2024 source
Source notes
- FY2018: Audited governmental-fund revenue categories; capital contributions and transfers are excluded.
- FY2019: Audited governmental-fund revenue categories; the $190,000 capital contribution and transfers are excluded.
- FY2020: Audited governmental-fund revenue categories; transfers are excluded.
- FY2021: Audited governmental-fund revenue categories; transfers are excluded.
- FY2022: Audited governmental-fund revenue categories recovered from the scanned statement; the $250,000 contributed capital and transfers are excluded.
- FY2023: Audited governmental-fund revenue categories recovered from the scanned statement; transfers are excluded.
- FY2024: Audited governmental-fund revenue categories; transfers are excluded.
- FY2025: Audited governmental-fund revenue categories; transfers are excluded.
FY2025 revenue detail
Actual revenue on the audit’s accounting basis. Transfers and borrowing are separate from these totals.
Revenues: $1,253,919
Total revenue: $1,253,919
Spending detailCompare spending categories across the available years.
| Expenditure | Actual2022-2023 | Actual2023-2024 | Actual2024-2025 |
|---|---|---|---|
| Operations | |||
| City BOE Playground / Athens City Schools | — | — | 500,000 |
| Industrial Park Signs | — | — | 16,000 |
| Pass Through Grants | 245,685 | 350,057 | 23,115 |
| Traffic Signal Equipment Upgrades | — | — | — |
| Subtotal — Operations | 245,685 | 350,057 | 539,115 |
| Capital | |||
| Fixed Assets | — | — | 111,137 |
| Acquire ROW to Extend Eureka Trail | — | — | — |
| Animal Shelter | 110,358 | — | — |
| Artificial Turf Infields @ RP | — | — | — |
| — | 141,195 | 10,000 | |
| City Hall Improvements | — | 141,195 | N/A |
| City Hall Renovations | N/A | N/A | 10,000 |
| Cook Park | 823,071 | 41,619 | — |
| Decatur Pike Traffic Signal Timing | — | — | 17,493 |
| Downtown Improvement Plan / Sidewalk Program | 37,905 | — | 6,877 |
| Electrical Connections @ RP / Repaint Metal Roofs @ RP / Elect. Entrance Gate @ RP / Parker Property / Park Improvements | — | — | 426,735 |
| Fire Equipment/Vehicles | — | — | 396,381 |
| Fire Station #2 HVAC | — | — | — |
| Fire Station #3 Construction | — | 7,400 | 18,000 |
| Fire Training Facility | 727,869 | 3,497 | — |
| Green St. Improvements | — | — | — |
| Heritage Park Renovations | — | 85,025 | 34,898 |
| Ingleside Park Lights Replacement | — | — | — |
| Ingleside/Tellico Intersection | — | — | — |
| Market Park Improvements | 38,010 | — | — |
| Miscellaneous | 105,448 | 84,078 | 108,249 |
| Mt. Verd Industrial Park | — | — | 108,750 |
| Multimodal Grant | — | — | 16,555 |
| N. Jackson Street Stabilization | — | — | — |
| North City School Demolition / Old School Buildings | — | 162,787 | 104,532 |
| Pickleball Courts | 70,791 | 943,843 | 249,557 |
| — | — | 740,076 | |
| Police Vehicles | — | — | 275,892 |
| Radio Equipment | — | — | 464,184 |
| Public Works Building | 1,798,797 | — | — |
| Renovation of House @ RP | — | — | — |
| Safe Streets for All | — | — | 103,940 |
| STBG-L Resurfacing | 25,760 | 27,832 | 14,865 |
| Storm Water Project | 38,105 | 87,775 | 340,320 |
| View Street Paving | — | — | — |
| W. Madison/Rocky Mount Intersection | — | — | — |
| Wayfinding Signs | — | — | — |
| Subtotal — Capital | 3,776,114 | 1,585,051 | 2,808,365 |
| Transfers | |||
| Transfer to General Fund | — | — | 629,000 |
| Transfer to Sanitation Fund | — | — | 21,000 |
| Subtotal — Transfers | — | — | 650,000 |
| Total Capital Improvement Fund Expenditures | 4,021,799 | 1,935,108 | 3,997,480 |
Latest budget — FY 2026-2027Compare the proposed budget with the amount Council approved.
Approved amounts authorize spending; they are not actual expenditure. These are the stages printed in the budget book, which may not include later amendments.
| Budget | Budgeted / amendedFY 2025-2026 | Manager proposedFY 2026-2027 | Council approvedFY 2026-2027 |
|---|---|---|---|
| Department total | 16,675,000 | 11,478,000 | 11,478,000 |
Budget line items
| Expenditure | Budgeted / amendedFY 2025-2026 | Manager proposedFY 2026-2027 | Council approvedFY 2026-2027 |
|---|---|---|---|
| Fire Equipment/Vehicles | - | - | - |
| Fire Training Facility | - | - | - |
| Fire Station #3 Construction | 3,200,000 | 7,500,000 | 7,500,000 |
| Fire Station #2 HVAC | 20,000 | - | - |
| Heritage Park Renovations | 1,175,000 | - | - |
| Ingleside Park Lights Replacement | 195,000 | - | - |
| Market Park Improvements | 250,000 | 1,500,000 | 1,500,000 |
| Artificial Turf Infields @ RP | 1,300,000 | - | - |
| Renovation of House @ RP | 275,000 | - | - |
| Electrical Connections @ RP | 15,000 | - | - |
| Repaint 5 Metal Roofs @ RP | 40,000 | - | - |
| Elect. Entrance Gate @ RP | 35,000 | - | - |
| P arker Property | - | - | - |
| Park Improvements | - | - | - |
| Cook Park | - | - | - |
| Pickleball Courts | - | - | - |
| Acquire ROW to Extend Eureka Trail | - | 100,000 | 100,000 |
| Police Vehicles | - | - | - |
| Radio Equipment | - | - | - |
| Multimodal Grant | - | - | - |
| Decatur Pike Traffic Signal Timing | 193,000 | - | - |
| STBG-L Resurfacing | 2,067,000 | - | - |
| N. Jackson Street Stabilization | 480,000 | 70,000 | 70,000 |
| View Street Paving | 305,000 | 55,000 | 55,000 |
| W. Madison/Rocky Mount Intersection | 600,000 | 500,000 | 500,000 |
| Ingleside/Tellico Intersection | 927,000 | - | - |
| Storm Water Project | 2,503,000 | 250,000 | 250,000 |
| Green St. Improvements | 130,000 | 150,000 | 150,000 |
| Downtown Improvement Plan | 50,000 | - | - |
| Safe Streets for All | - | - | - |
| Fixed Assets | - | 55,000 | 55,000 |
| Sidewalk Program | - | 250,000 | 250,000 |
| Traffic Signal Equipment Upgrades | - | 200,000 | 200,000 |
| Transfer to General Fund | - | - | - |
| Pass Through Grants | - | - | - |
| City BOE Playground | 35,000 | - | - |
| North City School Demolition | 360,000 | - | - |
| Mt. Verd Industrial Park | 1,900,000 | 705,000 | 705,000 |
| Wayfinding Signs | - | - | - |
| City Hall Renovations | 620,000 | 143,000 | 143,000 |
| Miscellaneous | - | - | - |
| Old School Buildings | - | - | - |
| Athens City Schools | - | - | - |
| Industrial Park Signs | - | - | - |
| Transfer to Sanitation Fund | - | - | - |
A dash means no numeric amount is shown in that source cell. No proposal is substituted for a missing approved amount.
Budget source · PDF page 113 · Budget source · PDF page 114 · Budget source · PDF page 115
Follow the transfers — FY2025Sending and receiving funds, with confirmed routes separated from inferred matches.
These are actual transfers. Some detail comes from the actual column of a later budget book. Transfers do not create new citywide revenue.
General Fund → Capital Improvement: $1,942,000 · Documented route
Evidence for this route
Explicit FY2024-25 actual in both funds: General Fund transfer to Capital Project Fund and Capital Improvement Fund transfer in from General Fund.
Capital Improvement → General Fund: $629,000 · Documented route
Evidence for this route
Explicit FY2024-25 actual: Capital Improvement account 08-0000-7210, Transfer to General Fund. Audit page 24 also names the Capital Improvement Fund as the source.
Capital Improvement → Sanitation: $21,000 · Documented route
Evidence for this route
Explicit FY2024-25 actual in both funds: Capital Improvement account 08-1101-7265, Transfer to Sanitation Fund, and Sanitation account 12-0000-7045, Transfer from Capital Projects Fund.
What the records showRelated decisions, supporting records, and unanswered questions.
The Pickleball Courts line fell from $943,843 in FY2023–24 to $249,557 in FY2024–25, a $694,286 decrease. Capital projects can span fiscal years; this change alone does not indicate a reduction in ongoing services.
2023-2024 actual source · page 108 · 2024-2025 actual source · page 113
The FY2024 financial report lists the new tennis/pickleball courts at Ingleside among the Capital Improvement Fund projects. This ties the financial period to the project, but is not an invoice reconciliation. FY2024 capital project discussion · page 26.
A project-status report marks Ingleside Park improvements completed and describes proposed lighting, cameras and pedestrian lighting for the next fiscal year. Completion status provides context for the spending pattern; the proposed follow-up amount is not a payment. Ingleside project status · page 131.
Storm Water Project actuals increased from $87,775 in FY2023–24 to $340,320 in FY2024–25, a $252,545 increase. These amounts describe annual expenditure, not the total project commitment. Storm-water actual expenditures · page 114.
The FY2025 financial report identifies stormwater engineering among Capital Improvement expenditures. A project-status report describes asset data collection as complete and system modeling underway, with design and construction to follow. This supports an engineering-phase interpretation, but does not reconcile individual invoices. FY2025 capital project discussion · page 24.
The status report describes an asset inventory, modeling, design and construction program funded 85% by an ARPA grant and 15% locally. Its project estimate and completion target are plans, not proof of payments or completed construction. Storm-water project status · page 116.
Total grant revenue for the fund rose from $486,298 to $521,208 across these years. Therefore, the decrease in the Pass Through Grants expenditure line should not be read as a decrease in all grant income. The revenue schedule does not match individual grants to this expense line. Capital Improvement grant revenue · page 113.
Still unanswered: Court-project closeout records and storm-water invoices are needed to reconcile annual costs. Pass-through grant awards, recipients and disbursement schedules are still needed to explain that expenditure decrease; total grant revenue is a different measure.
Related project histories
Project records provide context; they do not allocate this page’s entire spending to a project.
Sources and downloadsOriginal reports, available coverage, and notes about the figures.
FY2025 audited statement · PDF page 33 · Download audited fund figures
Capital Improvement Fund expenditures only. Capital project costs and explicitly printed outgoing transfer expenditures are retained in separate mapping groups; revenues and incoming transfers are excluded.
Actual expenditure detail is available for 2022-2023 through 2024-2025. The FY2022-23 and FY2024-25 books show budget summaries rather than the 2019-2020 through 2021-2022 actual account detail needed for this history, so no earlier values are fabricated.
Download original spending history
- FY 2022-2023: PDF page 108 PDF page 109 PDF page 110
- FY 2023-2024: PDF page 108 PDF page 109 PDF page 110
- FY 2024-2025: PDF page 113 PDF page 114 PDF page 115
Spending source notes
- All retained columns are explicitly labeled ACTUAL in the original annual budgets. Numeric zero and printed dash are preserved distinctly; subtotal rows are excluded to avoid double counting.
- FY2025-26 supplies ACTUAL 2022-2023 and ACTUAL 2023-2024; FY2026-27 supplies ACTUAL 2024-2025. Every source PDF was hash-verified and every cited expenditure page was rendered for visual review.
- Capital Improvement Fund expenditures only. Capital project costs and explicitly printed outgoing transfer expenditures are retained in separate mapping groups; revenues and incoming transfers are excluded.
- Actual expenditure detail is available for 2022-2023 through 2024-2025. The FY2022-23 and FY2024-25 books show budget summaries rather than the 2019-2020 through 2021-2022 actual account detail needed for this history, so no earlier values are fabricated.
- The FY2025-26 source truncates several Capital Improvement account suffixes. Unique repeated project descriptions in the FY2026-27 source supply the full account IDs used here; the earlier actual values remain those printed in FY2025-26.