athens tn acfr fy2020

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Functions/Programs
Primary government:
Governmental activities:

General government
Public safety

Highways and streets
Culture and recreation
Education:
Instructional
Support services
Non-instructional
Unallocated depreciation

Health and welfare
Total governmental activities

Business-type activities:
Conference center
Sanitation

Total business-type activities
Total primary government

Component unit:
Public utilities

Total component unit

CITY OF ATHENS, TENNESSEE
STATEMENT OF ACTIVITIES

Year Ended June 30, 2020
Net Revenues (Expenses) and Changes in Net Position
Program Revenues Primary Government Component Unit
Operating Capital Govern- Business- Athens
Charges for Grants and Grants and mental Type Utilities
Expenses Services Contributions Contributions Activities Activities Total Board
$ 4,070,588 $ 137,479 §$ 55,514 $ 571,317 $ (3,306,278) §$ - $ (3,306,278) $ -
5,259,541 211,886 56,258 - (4,991,397) - (4,991,397) -
4,701,837 - 499,299 33,600 (4,168,938) - (4,168,938) -
1,402,284 74,219 - 181,528 (1,146,537) - (1,146,537) -
10,061,931 47,244 1,820,107 - (8,194,580) - (8,194,580) -
5,884,236 115,880 $70,513 - (5,197,843) - (5,197,843) -
1,304,117 40,207 1,387,741 - 123,831 - 123,831 -
354,713 . - - (354,713) - (354,713) -
172,629 1,759 31,000 - (139,870) - (139,870) -
33,211,876 628.674 4,420,432 786,445 (27,376,325) - (27,376,325) -
78,597 23,428 - - - (55,169) (55,169) -
880,695 969,683 - - - 88,988 88,988 -
959,292 993,111 - . - 33,819 33,819 -
$ 34,171,168 $ 1,621,785 $ 4,420,432 $ 786.445 (27,376,325) 33,819 (27,342,506) $ -
$ 65,771,803 $ 67,514,689 $ - $ 396,930 $ 2,139,816
$ 65,771,803 $ 67,514,689 $ - $ 396,930 2,139,816
General revenues:
Property taxes 8,516,240 - 8,516,240 -
Local sales tax 7,384,232 - 7,384,232 -
In lieu of taxes 1,230,379 - 1,230,379 -
Wholesale beer tax $14,165 - 514,165 -
Wholesale liquor tax 258,866 - 258,866 -
Other local taxes 674,827 - 674,827 -
Intergovernmental revenues not restricted to specific programs 11,475,082 - 11,475,082 -
Investment income 423,038 41,649 464,687 196,213
Gain on disposal of capital assets 23,770 - 23,770 22,703
Insurance proceeds 165,553 - 165,553 -
Miscellaneous 165,653 7,393 173,046 -
Total general revenues 30,831,805 49,042 30,880,847 218.916
Change in net position 3,455,480 82,861 3,538,341 2,358,732
Net position, beginning of year 49,874,121 3,553,857 53,427,978 114,859,014
Net position, end of year $ 53,329,601 $ 3,636,718  $ 56,966,319 $ 117,217,746

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

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