athens tn acfr fy2019 text edition

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City of Athens, Tennessee 
Management's Discussion and Analysis 
June 30, 2019 
Key elements of this increase in net position are as follows: 
Revenues: 
Program revenues: 
Charges for services 
$ 
766,585 $ 
888,709 
$ 1,007,829 $ 
981,258 
$ 
1,774,414 $ 
1,869,967 
Operating grants and contributions 
4,201,316 
5,011,745 
4,201,316 
5,011,745 
Capital grants and contributions 
1,459,594 
344,456 
1,459,594 
344,456 
General revenues: 
Property taxes 
8,194,198 
7,916,052 
8,194,198 
7,916,052 
Other taxes 
7,457,073 
7,211,960 
7,457,073 
7,211,960 
Intergovernmental revenues not 
restricted to specific programs 
11,078,464 
10,483,650 
11,078,464 
10,483,650 
Other 
589,374 
740,900 
51,658 
29,312 
641,032 
770,212 
Total revenues 
33,746,604 
32,597,472 
1,059,487 
1,010,570 
34,806,091 
33,608,042 
Expenses: 
General government 
4,189,942 
2,615,251 
4,189,942 
2,615,251 
Public safety 
4,571,553 
4,258,395 
4,571,553 
4,258,395 
Highways and streets 
2,478,087 
2,342,509 
2,478,087 
2,342,509 
Culture and recreation 
1,469,977 
1,241,870 
1,469,977 
1,241,870 
Education 
17,406,885 
17,032,100 
17,406,885 
17,032,100 
Health and welfare 
153,093 
104,309 
153,093 
104,309 
Conference center 
77,790 
74,280 
77,790 
74,280 
Sanitation 
827,025 
759,581 
827,025 
759,581 
Total expenses 
30,269,537 
27,594,434 
904,815 
833,861 
31,174,352 
28,428,295 
Change in net position 
3,477,067 
5,003,038 
154,672 
176,709 
3,631,739 
5,179,747 
Net position, beginning of year 
46,397,054 
41,394,016 
3,399,185 
3,222,476 
49,796,239 
44,616,492 
Net position, end of year 
$ 49,874,121 $ 46,397,054 
$ 3,553,857 $ 
3,399,185 
$ 53,427,978 $ 49,796,239 
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 $25,002,478, an increase of $300,894 in comparison to the prior year. Approximately 
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