2025 5 20 Regular Session Packet 1

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CAPITAL IMPROVEMENT FUND      
CAPITAL IMPROVEMENT FUND REVENUES:     
Grant Funds 486,298   100,000   6,308,500  
Investment Income 705,211   600,000   300,000  
Miscellaneous 24,640   25,000   25,000  
Third Party Contributions 500,000   0    
Transfer From General Fund 2,900,000   1,942,000   475,000  
   TOTAL HOTEL/MOTEL FUND REVENUES 4,616,149   2,667,000   7,108,500  
      
CAPITAL EXPENDITURES 1,935,108   3,028,500   16,525,000  
      
CHANGE IN CASH/FUND BALANCE 2,681,041   (361,500)  (9,416,500) 
BEGINNING CASH/FUND BALANCE 12,467,331   15,000,000   14,500,000  
ENDING CASH/FUND BALANCE 15,148,372   14,638,500   5,083,500  
ENDING CASH AS A % OF EXPENDITURES 782.82%  483.36%  30.76% 
      
      
FLEET MANAGEMENT FUND      
FLEET MANAGEMENT FUND REVENUES      
Fleet Charges 1,183,900   1,270,900   1,279,900  
Interest 425,439   300,000   200,000  
Gain on Sale of Assets 32,005   60,000   20,000  
   TOTAL HOTEL/MOTEL FUND REVENUES 1,641,344   1,630,900   1,499,900  
      
FLEET FUND PURCHASES 573,834   686,703   706,000  
      
CHANGE IN CASH/FUND BALANCE 1,067,510   944,197   793,900  
BEGINNING CASH/FUND BALANCE 6,000,000   6,500,000   7,400,000  
ENDING CASH/FUND BALANCE 7,067,510   7,444,197   8,193,900  
ENDING CASH AS A % OF EXPENDITURES 1231.63%  1084.05%  1160.61% 
 
SECTION 2.  
BE IT FURTHER ORDAINED that the budget hereto attached and made a part hereof 
consisting of the following words and figures, be and is hereby adopted as the Budget for the 
Athens City Schools, for the Fiscal Year beginning July 1, 2025  and extending through                
June 30, 2026, as approved by the Athens City Board of Education: 
 
 General Federal Food Total 
 Purpose Projects Service All 
 Fund Fund Fund Funds 
Revenues:     
Local Taxes 6,379,000  0  0  6,379,000  
Charges for Services 305,625  0  54,000  359,625  
Other Local Revenues 188,200  0  67,200  255,400  
State Education Funds 13,107,168  0  12,500  13,119,668  
Federal Funds received      
  through State 0  1,544,648  1,434,587  2,979,235  
Other Sources 1,000  0  0  1,000  
 Total estimated revenues 19,980,993  1,544,648  1,568,287  23,093,928  
      
Expenditures:     
Regular Instruction 10,083,381  523,718  0  10,607,099  
Special Education 1,257,900  511,993  0  1,769,893  
Vocational Education Program 37,729  0  0  37,729  
Student Body Education 17,449  0  0  17,449  
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