athens tn acfr fy2022

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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, 2022
Variance
Budget With Final
Original Final Actual Budget
REVENUES
PROPERTY TAXES
Property taxes-current $ 6,550,000 $ 6,550,000 $ 6,605,855 $ 55,855
Property taxes-prior 150,000 150,000 190,734 40,734
Property taxes-delinquent 80,000 80,000 86,833 6,833
Public utilities taxes 85,000 85,000 98,454 13,454
Total property taxes 6,865,000 6,865,000 6,981,876 116,876
OTHER LOCAL TAXES
Penalty and interest on property
tax-prior 20,000 20,000 37,635 17,635
Penalty and interest on property
tax-delinquent 25,000 25,000 35,934 10,934
In lieu of taxes 1,150,000 1,150,000 1,209,781 59,781
Local sales tax 7,100,000 7,500,000 7,844,750 344,750
Wholesale beer tax 500,000 500,000 539,233 39,233
Wholesale liquor tax 250,000 250,000 286,535 36,535
Cable TV franchise tax 170,000 170,000 170,739 739
Business license fee 1,000 1,000 1,252 252
Business tax-state clerk fee 40,000 40,000 55,826 15,826
Business tax-state collected 400,000 400,000 540,103 140,103
Total other local taxes 9,656,000 10,056,000 10,721,788 665,788
INTERGOVERNMENTAL
State sales tax 1,250,000 1,250,000 1,630,622 380,622
State beer tax 6,000 6,000 6,433 433
State income tax - - 2,236 2,236
State gas and motor fuel tax 450,000 450,000 495,785 45,785
State gasoline inspection tax 28,000 28,000 25,844 (2,156)
State mixed drink tax 50,000 50,000 76,139 26,139
State excise tax 40,000 40,000 71,768 31,768
State sportsbetting tax 8,000 8,000 13,526 5,526
Reimbursements-other government
agencies 143,000 143,000 146,261 3,261
Grants 169,000 169,000 212,569 43,569
Total intergovernmental 2,144,000 2,144,000 2,681,183 537,183
(continued)

The Notes to Financial Statements are an integral part of this statement.

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