athens tn acfr fy2025

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Variance
with Final
Original Final Actual Budget
REVENUES
Property taxes:
Property taxes-current 6,400,000$   6,450,000$   6,500,452$   50,452$        
Property taxes-prior 100,000        100,000        160,343 60,343          
Property taxes-delinquent 80,000          80,000          138,682 58,682          
Public utilities taxes 90,000          90,000          99,979          9,979            
6,670,000     6,720,000     6,899,456     179,456        
Other local taxes:
Penalty and interest on property
 tax-prior 20,000          20,000          18,944 (1,056)           
Penalty and interest on property
 tax-delinquent 25,000          25,000          45,112 20,112          
In lieu of taxes 1,165,000 1,230,000 1,260,623 30,623          
TVA impact 45,000          45,000          36,875 (8,125)           
Local sales tax 8,800,000     9,000,000     9,102,748 102,748        
Wholesale beer tax 530,000        530,000        513,391 (16,609)         
Wholesale liquor tax 280,000        280,000        308,447 28,447          
Business license fee 1,000 1,000 2,199 1,199            
Business tax-state clerk fee 40,000          40,000          59,832 19,832          
Business tax-state colleced 500,000        615,000        591,237 (23,763)         
Cable TV franchise tax 147,000        147,000        122,738        (24,262)         
11,553,000   11,933,000   12,062,146   129,146        
Intergovernmental:
State sales tax 1,700,000     1,700,000     1,794,452 94,452          
State beer tax 6,000            6,000            5,927 (73)
State gas and motor fuel tax 480,000        480,000        493,965 13,965          
State gasoline inspection tax 26,000          26,000          25,723 (277)              
State transportation and modernization - - 6,184 6,184            
State mixed drink tax 80,000          80,000          102,076 22,076          
State excise tax 40,000          65,000          65,585 585
State sportsbetting tax 20,000          20,000          30,772 10,772          
Reimbursements-other government
 agencies 103,000 103,000 133,649        30,649          
Grants 225,000        300,000        315,024        15,024          
2,680,000     2,780,000     2,973,357     193,357        
(Continued)
Budget Amounts
YEAR ENDED JUNE 30, 2025
CITY OF ATHENS, TENNESSEE
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES 
IN FUND BALANCES - BUDGET AND ACTUAL
GENERAL FUND 
The notes to basic financial statements are an integral part of this statement.
A - 8