athens tn acfr fy2025

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CITY OF ATHENS, TENNESSEE
MANAGEMENT’S DISCUSSION AND ANALYSIS
JUNE 30, 2025
9
Governmental activities. Governmental activities increased the City of Athens’ net position by 
$4,482,175 which accounts for the increase in the net position for the City of Athens. State sales tax and 
local sales tax continued to increase but at a slower pace than the previous four years. The beginning net 
position was restated dure to a change in accounting standard and an error correction.
Business-type activities. Business-type activities decreased the City of Athens’ net position by $25,799.
This decrease was due primarily to the depreciation of equipment in the Sanitation Fund and depreciation 
of the building in the Conference Center Fund. Funds provided by the General Fund, to be used for future 
improvements to the conference center, offset a portion of the overall decrease.
Key elements of this increase in net position are as follows:
Governmental Activities Business-type Activities Total
2025 2024 2025 2024 2025 2024
Revenues:
Program revenues:
Charges for services $ 1,156,691 $ 1,056,281 $ 1,070,713 $ 1,054,704 $ 2,227,404 $ 2,110,985
Operating grants 
and contributions 6,543,370 6,846,259 - - 6,543,370 6,846,259
Capital grants and 
contributions 650,361 1,086,439 - - 650,361 1,086,439
Grant revenues:
Property taxes 7,222,755 8,152,008 - - 7,222,755 8,152,008
Other taxes 19,610,828 19,359,199 - - 19,610,828 19,359,199
Intergovernmental revenues not
restricted by specific programs 15,487,523 14,608,508 - - 15,487,523 14,608,508
Other 2,744,244 2,992,419 262,025 76,239 3,006,269 3,068,658
Total revenues 53,415,772 54,101,113 1,332,738 1,130,943 54,748,510 55,232,056
Expenses:
General government 6,339,938 7,760,725 - - 6,339,938 7,760,725
Public safety 8,038,532 6,861,880 - - 8,038,532 6,861,880
Highways and streets 8,002,008 3,031,090 - - 8,002,008 3,031,090
Culture and recreation 1,560,636 1,452,111 - - 1,560,636 1,452,111
Education 23,394,455 26,786,740 - - 23,394,455 26,786,740
Health and welfare 655,896 219,688 - - 655,896 219,688
Interest on long-term debt 942,132 1,799,739 - - 942,132 1,799,739
Conference center - - 89,766 84,847 89,766 84,847
Sanitation - - 1,268,771 1,168,641 1,268,771 1,168,641
Total expenses 48,933,597 47,911,973 1,358,537 1,253,488 50,292,134 49,165,461
Change in net position 4,482,175 6,189,140 (25,799) (122,545) 4,456,376 6,066,595
Net position, previously reported 89,542,266 83,353,126 4,122,215 4,200,094 93,664,481 87,553,220
Change in accounting standard (969,448) - - - (969,448) -
Error correction 2,877,152 - - 44,666 2,877,152 44,666
Net position, beginning restated 91,449,970 83,353,126 4,122,215 4,244,760 95,572,185 87,597,886
Net position, end of year $ 95,932,145 $ 89,542,266 $ 4,096,416 $ 4,122,215 $100,028,561 $ 93,664,481