athens tn acfr fy2020 text edition

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CITY OF ATHENS, TENNESSEE 
STATEMENT OF REVENUES, EXPENDITURES 
AND CHANGES IN FUND BALANCES 
GOVERNMENTAL FUNDS 
Year Ended June 30, 2020 
REVENUES 
General 
General 
Purpose 
School 
Capital 
Projects Fund 
Nonmajor 
Governmental 
Funds 
Total 
Governmental 
Funds 
Capital 
Improvement 
Property taxes 
$ 6,513,001 
$ 1,937,912 
$ 
- 
$ 
$ 
8,450,913 
Other local taxes 
7,582,015 
1,560,510 
1,480,454 
- 
10,622,979 
Intergovernmental 
2,058,629 
9,622,806 
609,128 
3,667,569 
15,958,132 
Charges for services 
210,608 
163,124 
43,057 
416,789 
Fines and forfeitures 
170,427 
41,460 
211,887 
Investment and interest 
income 
205,143 
26,461 
79,656 
25,922 
337,182 
Miscellaneous 
94,272 
7,832 
81,035 
2,245 
185,384 
Total revenues 
16,834,095 
13,318,645 
2,250,273 
3,780,253 
36,183,266 
EXPENDITURES 
Current: 
General government 
2,863,820 
2,863,820 
Public safety 
5,161,584 
23,868 
5,185,452 
Highways and streets 
4,490,059 
O
D
 
- 
- 
4,490,059 
Culture and recreation 
1,266,971 
1,266,971 
Education 
14,991,826 
2,590,018 
17,581,844 
Health and welfare 
169,818 
169,818 
Capital outlay 
1,302,436 
1,053,265 
2,355,701 
Total expenditures 
13,952,252 
14,991,826 
1,302,436 
3,667,151 
33,913,665 
REVENUES OVER (UNDER) 
EXPENDITURES 
2,881,843 
(1,673,181) 
947,837 
113,102 
2,269,601 
OTHER FINANCING SOURCES 
(USES) 
Transfers 
(3,181,000) 
2,431,000 
722,645 
27,355 
-
Proceeds from sale of property 
15,752 
1,834 
- 
- 
17,586 
Insurance proceeds 
7,985 
157,568 
- 
165,553 
Total other financing 
sources (uses) 
(3,157,263) 
2,590,402 
722,645 
27,355 
183,139 
NET CHANGE IN FUND 
BALANCES 
(275,420) 
917,221 
1,670,482 
140,457 
2,452,740 
FUND BALANCES, 
beginning of year 
14,160,024 
3,856,566 
5,250,964 
1,734,918 
25,002,472 
FUND BALANCES, 
end of year 
$13,884,604 
$ 4,773,787 
$ 6,921,446 
$ 1,875,375 
$ 27,455.212 
The Notes to Financial Statements are an integral part of this statement. 
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