athens tn acfr fy2020 text edition

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City of Athens, Tennessee 
Management's Discussion and Analysis 
June 30, 2020 
Key elements of this increase in net position are as follows: 
Govemmental Activities 
Business-type Activities 
Total 
2020 
2019 
2020 
2019 
2020 
2019 
Revenues: 
Program revenues: 
Charges for services 
$628,674 
$766,585 
$993,111 
$1,007,829 
$1,621,785 
$1,774,414 
Operating grants and contributions 
4,420,432 
4,201,316 
4,420,432 
4,201,316 
Capital grants and contributions 
786,445 
1,459,594 
786,445 
1,459,594 
General revenues: 
Property taxes 
8,516,240 
8,194,198 
8,516,240 
8,194,198 
Other taxes 
10,062,469 
7,457,073 
10,062,469 
7,457,073 
Intergovernmental revenues not 
restricted to specific programs 
11,475,082 
11,078,464 
11,475,082 
11,078,464 
Other 
778,014 
589,374 
49,042 
51,658 
827,056 
641,032 
Total revenues 
36,667,356 
33,746,604 
1,042,153 
1,059,487 
37,709,509 
34,806,091 
Expenses: 
General government 
4,070,588 
4,189,942 
4,070,588 
4,189,942 
Public safety 
5,259,541 
4,571,553 
5,259,541 
4,571,553 
Highways and streets 
4,701,837 
2,478,087 
4,701,837 
2,478,087 
Culture and recreation 
1,402,284 
1,469,977 
1,402,284 
1,469,977 
Education 
17,604,997 
17,406,885 
17,604,997 
17,406,885 
Health and welfare 
172,629 
153,093 
172,629 
153,093 
Conference center 
78,597 
77,790 
78,597 
77,790 
Sanitation 
880,695 
827,025 
880,695 
827,025 
Total expenses 
33,211,876 
30,269,537 
959,292 
904,815 
34,171,168 
31,174,352 
Change in net position 
3,455,480 
3,477,067 
82,861 
154,672 
3,538,341 
3,631,739 
Net position, beginning of year 
49,874,121 
46,397,054 
3,553,857 
3,399,185 
53,427,978 
49,796,239 
Net position, end of year 
$53,329,601 
$49,874,121 
$3,636,718 
$3,553,857 
$56,966,319 
$53,427,978 
Financial Analysis of the City's Funds 
As noted earlier, the City of Athens' uses fund accounting to ensure and demonstrate compliance with 
finance-related legal requirements. 
Governmental funds. The focus of the City of Athens' governmental funds is to provide information on 
near-term inflows, outflows, and balances of spendable resources. Such information is useful in assessing 
the City of Athens' financing requirements. The unassigned fund balance may serve as a useful measure of 
a government's net resources available at the end of the fiscal year for future unforeseen emergencies. 
As of the end of the current fiscal year, the City of Athens' governmental funds reported combined ending 
fund balances of $27,455,212, an increase of $2,452,740 in comparison to the prior year. Approximately 
49.68% of this total amount ($13,640,768) constitutes unassigned fund balance, which is available for 
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