athens tn acfr fy2020 text edition

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CITY OF ATHENS, TENNESSEE 
STATEMENT OF REVENUES, EXPENDITURES 
AND CHANGES IN FUND BALANCE 
BUDGET AND ACTUAL - GENERAL FUND 
Year Ended June 30, 2020 
REVENUES 
PROPERTY TAXES 
Budget 
Actual 
Variance 
With Final 
Budget 
Original 
Final 
Property taxes-current 
$ 5,800,000 
$ 6,125,000 
$ 6,152,694 
$ 
27,694 
Property taxes-prior 
80,000 
200,000 
179,740 
(20,260) 
Property taxes-delinquent 
70,000 
70,000 
76,181 
6,181 
Public utilities taxes 
95,000 
95,000 
104,386 
9,386 
Total property taxes 
6,045,000 
6,490,000 
6,513,001 
23,001 
OTHER LOCAL TAXES 
Penalty and interest on property 
tax-prior 
15,000 
15,000 
29,924 
14,924 
Penalty and interest on property 
tax-current 
25,000 
25,000 
24,709 
(291) 
In lieu of taxes 
1,170,000 
1,170,000 
1,230,379 
60,379 
Local sales tax 
4,900,000 
4,900,000 
4,903,778 
3,778 
Wholesale beer tax 
470,000 
470,000 
514,165 
44,165 
Wholesale liquor tax 
150,000 
150,000 
258,866 
108,866 
Cable TV franchise tax 
180,000 
180,000 
177,600 
(2,400) 
Business license fee 
2,000 
2,000 
939 
(1,061) 
Business tax-state clerk fee 
40,000 
40,000 
42,668 
2,668 
Business tax-state collected 
440,000 
440,000 
398,987 
(41,013) 
Total other local taxes 
7,392,000 
7,392,000 
7,582,015 
190,015 
INTERGOVERNMENTAL 
State sales tax 
1,200,000 
1,200,000 
1,234,801 
34,801 
State beer tax 
6,000 
6,000 
6,304 
304 
State income tax 
30,000 
30,000 
29,612 
(388) 
State gas and motor fuel tax 
470,000 
470,000 
475,647 
5,647 
State gasoline inspection tax 
28,000 
28,000 
26,719 
(1,281) 
State mixed drink tax 
50,000 
50,000 
50,070 
70 
State excise tax 
40,000 
40,000 
79,852 
39,852 
Reimbursements-other government 
agencies 
127,000 
127,000 
150,966 
23,966 
Grants 
4,658 
4,658 
Total intergovernmental 
1,951,000 
1,951,000 
2,058,629 
107,629 
(continued) 
The Notes to Financial Statements are an integral part of this statement. 
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