athens tn acfr fy2019 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, 2019 
REVENUES 
General 
General 
Purpose 
School 
Capital 
Projects Fund 
Nonmajor 
Governmental 
Funds 
Total 
Governmental 
Funds 
Capital 
Improvement 
Property taxes 
$ 6,244,073 
$ 1,827,376 
$ 
- 
$ 
$ 
8,071,449 
Other local taxes 
7,457,076 
1,416,321 
8,873,397 
Intergovernmental 
2,145,387 
9,335,787 
1,136,087 
2,365,250 
14,982,511 
Charges for services 
221,854 
258,393 
- 
59,325 
539,572 
Fines and forfeitures 
205,094 
- 
21,919 
227,013 
Investment and interest 
income 
189,003 
27,323 
125,839 
24,453 
366,618 
Miscellaneous 
52,505 
24,676 
57,596 
1,650 
136,427 
Total revenues 
16,514,992 
12,889,876 
1,319,522 
2,472,597 
33,196,987 
EXPENDITURES 
Current: 
General government 
2,660,795 
- 
2,660,795 
Public safety 
5,151,074 
58,619 
5,209,693 
Highways and streets 
2,399,538 
- 
2,399,538 
Culture and recreation 
1,432,126 
- 
- 
1,432,126 
Education 
- 
16,156,956 
2,514,552 
18,671,508 
Health and welfare 
165,051 
- 
- 
165,051 
Capital outlay 
- 
- 
2,545,343 
59,833 
2,605,176 
Total expenditures 
11,808,584 
16,156,956 
2,545,343 
2,633,004 
33,143,887 
REVENUES OVER (UNDER) 
EXPENDITURES 
4,706,408 
(3,267,080) 
(1,225,821) 
(160,407) 
53,100 
OTHER FINANCING SOURCES 
(USES) 
Transfers 
(2,485,000) 
2,435,000 
50,000 
- 
Proceeds from sale of property 
- 
200 
- 
200 
Insurance proceeds 
3,594 
- 
- 
3,594 
Capital contributions 
- 
190,000 
54,000 
244,000 
Total other financing 
sources (uses) 
(2,481,406) 
2,435,200 
240,000 
54,000 
247,794 
NET CHANGE IN FUND 
BALANCES 
2,225,002 
(831,880) 
(985,821) 
(106,407) 
300,894 
FUND BALANCES, 
beginning of year 
11,935,022 
4,688,452 
6,236,785 
1,841,325 
24,701,584 
FUND BALANCES, 
end of year 
$14,160,024 
$ 3,856,572 
$ 5,250,964 
$ 1,734,918 
$ 25,002,478 
The Notes to Financial Statements are an integral part of this statement. 
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