athens tn acfr fy2019 text edition

City of Athens · annual comprehensive financial report · 182 pages · Descriptive metadata inferred from filename

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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, 2019 
REVENUES 
PROPERTY TAXES 
Budget 
Actual 
Variance 
With Final 
Budget 
Original 
Final 
Property taxes-current 
$ 5,550,000 
$ 5,550,000 
$ 6,000,397 
$ 450,397 
Property taxes-prior 
80,000 
80,000 
85,556 
5,556 
Property taxes-delinquent 
70,000 
70,000 
57,000 
(13,000) 
Public utilities taxes 
95,000 
95,000 
101,120 
6,120 
Total property taxes 
5,795,000 
5,795,000 
6,244,073 
449,073 
OTHER LOCAL TAXES 
Penalty and interest on property 
tax-prior 
15,000 
15,000 
24,308 
9,308 
Penalty and interest on property 
tax-current 
25,000 
25,000 
21,585 
(3,415) 
In lieu of taxes 
1,160,000 
1,160,000 
1,201,185 
41,185 
TVA impact 
- 
- 
7 
7 
Local sales tax 
4,500,000 
4,560,000 
4,821,329 
261,329 
Wholesale beer tax 
470,000 
470,000 
493,351 
23,351 
Wholesale liquor tax 
210,000 
210,000 
237,433 
27,433 
Cable TV franchise tax 
185,000 
185,000 
181,845 
(3,155) 
Business license fee 
2,000 
2,000 
1,040 
(960) 
Business tax - state clerk fee 
40,000 
40,000 
45,426 
5,426 
Business tax - state collected 
440,000 
440,000 
429,567 
(10,433) 
Total other local taxes 
7,047,000 
7,107,000 
7,457,076 
350,076 
INTERGOVERNMENTAL 
State sales tax 
1,150,000 
1,150,000 
1,210,415 
60,415 
State beer tax 
6,000 
6,000 
6,230 
230 
State income tax 
70,000 
70,000 
109,715 
39,715 
State gas and motor fuel tax 
450,000 
450,000 
476,200 
26,200 
State gasoline inspection tax 
28,000 
28,000 
26,754 
(1,246) 
State mixed drink tax 
45,000 
45,000 
59,179 
14,179 
State excise tax 
40,000 
40,000 
77,572 
37,572 
Reimbursements-other government 
agencies 
127,000 
127,000 
143,831 
16,831 
Grants 
23,000 
35,491 
12,491 
Total intergovernmental 
1,916,000 
1,939,000 
2,145,387 
206,387 
(continued) 
The Notes to Financial Statements are an integral part of this statement. 
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