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All audited funds

Conference Center

Explore this fund’s reported income, spending, and balances. The summary shows audited FY2025 figures; each section identifies its own years.

Revenue

FY2025

$46,847

Expenses

FY2025

$89,766

Ending net position

June 30, 2025

$523,747

Expenses include noncash accounting costs. Net position is not cash available to spend.

Financial historyAnnual revenue, transfers, borrowing, and changes in balances, shown separately.

These are accrual accounting amounts, not cash flows. Expenses include depreciation; they do not equal purchases or cash payments. A shortfall between revenue and spending may be offset by financing or a drawdown of balances. This comparison does not assign particular income to particular purchases.

MeasureActual2017-2018Actual2018-2019Actual2019-2020Actual2020-2021Actual2021-2022Actual2022-2023Actual2023-2024Actual2024-2025
Reported revenue25,35541,73923,42835,83236,21536,12641,63446,847
Operating expenses74,28077,79078,59774,70582,54686,06684,84789,766
Revenue less spending(48,925)(36,051)(55,169)(38,873)(46,331)(49,940)(43,213)(42,919)
Transfers received less transfers sent120,000

Parentheses indicate negative amounts. A dash means not separately available in this comparison. A zero drawdown means the reported balance did not decrease after corrections; it does not prove no reserves were used for individual transactions. Interfund transfers are not additional citywide revenue.

Accounting basis and source notes
  • 2017-2018: Accrual statement. Null means the presented category had no Conference Center amount. Accrual revenue and operating expenses are compared here. Cash balances and asset purchases are not substituted for net position or expenses; this is not a full financing reconciliation.
  • 2018-2019: Accrual statement. Null means the presented category had no Conference Center amount. Accrual revenue and operating expenses are compared here. Cash balances and asset purchases are not substituted for net position or expenses; this is not a full financing reconciliation.
  • 2019-2020: Accrual statement. Null means the presented category had no Conference Center amount. Accrual revenue and operating expenses are compared here. Cash balances and asset purchases are not substituted for net position or expenses; this is not a full financing reconciliation.
  • 2020-2021: Accrual statement. Null means the presented category had no Conference Center amount. Accrual revenue and operating expenses are compared here. Cash balances and asset purchases are not substituted for net position or expenses; this is not a full financing reconciliation.
  • 2021-2022: Accrual statement recovered from the scanned audit. Null means the presented category had no Conference Center amount. Accrual revenue and operating expenses are compared here. Cash balances and asset purchases are not substituted for net position or expenses; this is not a full financing reconciliation.
  • 2022-2023: Accrual statement recovered from the scanned audit. Null means the presented category had no Conference Center amount. Accrual revenue and operating expenses are compared here. Cash balances and asset purchases are not substituted for net position or expenses; this is not a full financing reconciliation.
  • 2023-2024: Accrual statement. Null means the presented category had no Conference Center amount. Accrual revenue and operating expenses are compared here. Cash balances and asset purchases are not substituted for net position or expenses; this is not a full financing reconciliation.
  • 2024-2025: Accrual statement. The $120,000 transfer in is excluded; null means the presented category had no Conference Center amount. Accrual revenue and operating expenses are compared here. Cash balances and asset purchases are not substituted for net position or expenses; this is not a full financing reconciliation.

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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 sourceActualFY2018ActualFY2019ActualFY2020ActualFY2021ActualFY2022ActualFY2023ActualFY2024ActualFY2025
Charges for services
Rental income25,35541,73923,42835,83236,21536,12641,63446,846
Miscellaneous1
Interest income
Investment income
Total revenue25,35541,73923,42835,83236,21536,12641,63446,847
Source notes
  • FY2018: Accrual statement. Null means the presented category had no Conference Center amount.
  • FY2019: Accrual statement. Null means the presented category had no Conference Center amount.
  • FY2020: Accrual statement. Null means the presented category had no Conference Center amount.
  • FY2021: Accrual statement. Null means the presented category had no Conference Center amount.
  • FY2022: Accrual statement recovered from the scanned audit. Null means the presented category had no Conference Center amount.
  • FY2023: Accrual statement recovered from the scanned audit. Null means the presented category had no Conference Center amount.
  • FY2024: Accrual statement. Null means the presented category had no Conference Center amount.
  • FY2025: Accrual statement. The $120,000 transfer in is excluded; null means the presented category had no Conference Center amount.

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FY2025 revenue detail

Actual revenue on the audit’s accounting basis. Transfers and borrowing are separate from these totals.

Operating revenue: $46,847
Revenue sourceActualFY2025
Rental income46,846
Miscellaneous1

Total revenue: $46,847

Download FY2025 revenue detail

Spending detailCompare spending categories across the available years.

Consistent audited figures for FY2017–18 through FY2024–25. Cash payments and accounting expenses are different views of the fund; do not add them together. Original budget-book line items remain under Sources and methods.

Cash payments

MeasureActual2017-2018Actual2018-2019Actual2019-2020Actual2020-2021Actual2021-2022Actual2022-2023Actual2023-2024Actual2024-2025
Payments to employees6,1209,3716,0276,3176,7776,1506,0366,420
Payments to suppliers and vendors17,29217,67822,53517,75524,76629,54927,75931,485
Asset acquisitionsN/A21,050

Cash outflows are shown as positive amounts. Separately reported pension-plan payments are noncapital financing outflows, not additional operating expenses. A dash preserves the source’s dash; N/A means the measure is not separately listed.

Operating expenses

MeasureActual2017-2018Actual2018-2019Actual2019-2020Actual2020-2021Actual2021-2022Actual2022-2023Actual2023-2024Actual2024-2025
Salaries and employee benefits6,58810,0876,4886,8017,2926,6216,0366,420
Operations12,97313,97913,92116,37922,90925,71227,10929,668
Maintenance4,1393,1447,6089451,7653,1535371,695
Depreciation50,58050,58050,58050,58050,58050,58051,16551,983
Total operating expenses74,28077,79078,59774,70582,54686,06684,84789,766

Depreciation is included in operating expenses; it is not an additional cash payment.

Funding received

MeasureActual2017-2018Actual2018-2019Actual2019-2020Actual2020-2021Actual2021-2022Actual2022-2023Actual2023-2024Actual2024-2025
Transfers inN/AN/A120,000

Transfers are funding received from another fund, not additional citywide revenue or expenditure.

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.

BudgetBudgeted / amendedFY 2025-2026Manager proposedFY 2026-2027Council approvedFY 2026-2027
Department total172,900109,500109,500
Budget line items
ExpenditureBudgeted / amendedFY 2025-2026Manager proposedFY 2026-2027Council approvedFY 2026-2027
Salaries: Seasonal6,0006,0006,000
FICA500500500
Electric22,00025,00025,000
Water600800800
Sewer600800800
Gas3,5004,0004,000
Telephone1,2001,4001,400
Repairs and Maintenance Buildings & Grounds125,0003,0003,000
Machinery & Equipment Rental1,0001,0001,000
Provision for Depreciation-52,00052,000
Fixed Assets12,50015,00015,000

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 128 · Budget source · PDF page 129

Money coming inService receipts, asset sales, interest, and funding received.
MeasureActual2017-2018Actual2018-2019Actual2019-2020Actual2020-2021Actual2021-2022Actual2022-2023Actual2023-2024Actual2024-2025
Customer and service receipts25,60340,85324,36636,05736,21536,12641,63446,847
Transfers received120,000

These are cash receipts. Asset-sale proceeds do not establish a profit on the sale. Internal service charges and transfers must be eliminated when combining city funds to avoid double counting.

Cash balance checkAll eight annual cash balances match the selected schedules. Review details and source context.

Beginning cash plus the four net cash categories should equal ending cash. Parentheses mean cash decreased. A dash preserves an unreported amount; it contributes no separately reported activity to this schedule check.

MeasureActual2017-2018Actual2018-2019Actual2019-2020Actual2020-2021Actual2021-2022Actual2022-2023Actual2023-2024Actual2024-2025
Beginning cash20,92223,11336,91732,72144,70649,37849,80536,594
Net operating cash2,19113,804(4,196)11,9854,6724277,8398,942
Net noncapital financing cash120,000
Net capital cash(21,050)
Net investing cash
Reported change in cash2,19113,804(4,196)11,9854,672427(13,211)128,942
Ending cash23,11336,91732,72144,70649,37849,80536,594165,536
Calculated differenceMatchesMatchesMatchesMatchesMatchesMatchesMatchesMatches

“Matches” confirms the schedule arithmetic, not a ledger audit. These are cash and cash equivalents, not total fund net position. Depreciation and noncash property transfers are excluded.

MeasureActual2017-2018Actual2018-2019Actual2019-2020Actual2020-2021Actual2021-2022Actual2022-2023Actual2023-2024Actual2024-2025
Cash moved from / (into) investments

Moving cash into investments reduces cash on hand without being a service expense. The movement above is already included in net investing cash; do not add it again.

No cash-schedule arithmetic or year-to-year opening balance exceptions were found in these eight years.

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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 FundConference Center: $120,000 · Documented route

Evidence for this route

Explicit FY2024-25 actual in both funds: General Fund transfer to Conference Center and Conference Center transfer in from General Fund.

Source PDF page 23

Source PDF page 128

Download all FY2025 transfer routes

What the records showRelated decisions, supporting records, and unanswered questions.

Audited depreciation was $51,165 in FY2023–24 and $51,983 in FY2024–25. It was not newly incurred merely because it appears in the later budget-book history. The main view separates audited cash payments, operating expenses and funding received.

2023-2024 audited expenses · page 46 · 2024-2025 audited expenses · page 43 · 2021-2022 audited cash flows · page 45 · 2022-2023 audited cash flows · page 46 · 2020-2021 audited cash flows · page 41 · 2019-2020 audited cash flows · page 45 · 2017-2018 audited cash flows · page 39 · 2017-2018 audited operating expenses · page 38 · 2018-2019 audited cash flows · page 42 · 2018-2019 audited operating expenses · page 41

The finance memo describes a $120,000 General Fund transfer intended for floor-crack repairs, painting and new tables in the next budget year. Receiving money does not mean those repairs were paid for in the year of the transfer. Finance memorandum — May 7, 2025 · page 118.

The attached schedule shows the relevant proposed budget adjustments. Amounts in this schedule are appropriations, not invoice payments. Budget amendment detail · page 120.

The audited proprietary-fund statement reports $51,983 of Conference Center depreciation and $120,000 of transfers in. Depreciation and funding transfers should not be interpreted as same-year repair payments. Conference Center audited statement · page 43.

Still unanswered: Invoice and ledger detail is needed to reconcile the budget explanation to actual annual expenses.

Sources and downloadsOriginal reports, available coverage, and notes about the figures.

FY2025 audited statement · PDF page 43 · Download audited fund figures

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Enterprise Southeast Tennessee Trade & Conference Center Fund expenditures only. Revenues, incoming transfers, and net-position rows 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.

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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.
  • Enterprise Southeast Tennessee Trade & Conference Center Fund expenditures only. Revenues, incoming transfers, and net-position rows 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.

Source exceptions and coverage