athens tn acfr fy2025

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CITY OF ATHENS, TENNESSEE
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2025
A - 52
NOTE 8 – DETAIL OF NET POSITION AND FUND BALANCES (Continued)
Restricted:
General Purpose School Fund-Stabilization Reserve $ 389,919
Federal Projects Fund 200,000
General Obligation Bond Fund 1,073,391
Cemetery Perpetual Care Fund-Expendable 351,800
Debt Service Fund-City Projects 113,272
Debt Service Fund-Schools 4,042,973
Hotel/Motel Tax Fund-Tourism 1,015,125
Centralized Cafeteria Fund 1,167,170
Internal School Funds-Student Activities 182,841
Drug Fund 207,249
Total Restricted Fund Balances 8,743,740
Committed:
Capital Improvement Fund-Capital Improvements 14,346,811
General Fund-Police Benefit 26,668
Total Committed Fund Balances 14,373,479
Assigned:
General Purpose School Fund:
Education 12,623,594
Total Assigned Fund Balances 12,623,594
Unassigned
General Fund 19,221,791
Total Unassigned Fund Balances 19,221,791
Total Fund Balances $55,207,778
Utilities Board:
Net position of the Utilities Board consists of the following:
Net Investment in Capital Assets $ 107,919,064
Unrestricted 26,096,365
$ 134,015,429