athens tn acfr fy2018 text edition

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City of Athens, Tennessee 
Management's Discussion and Analysis 
June 30, 2018 
Key elements of this increase in net position are as follows: 
Governmental Activities 
Business-type Activities 
Total 
2018 
2017 
2018 
2017 
2018 
2017 
Revenues: 
Program revenues: 
Charges for services 
$ 	
888,709 
$ 1,049,431 
$ 981,258 
$ 936,775 
$ 1,869,967 
$ 1,986,206 
Operating grants and contributions 
5,011,745 
4,953,863 
5,011,745 
4,953,863 
Capital grants and 
contributions 
344,456 
2,465,099 
344,456 
2,465,099 
General revenues: 
Property taxes 
7,916,052 
7,498,856 
7,916,052 
7,498,856 
Other taxes 
7,211,960 
7,053,877 
7,211,960 
7,053,877 
Intergovernmental revenues not 
restricted to specific programs 
10,483,650 
10,447,295 
10,483,650 
10,447,295 
Other 
740,900 
398,086 
29,312 
67,480 
770,212 
465,566 
Total revenues 
32,597,472 
33,866,507 
1,010,570 
1,004,255 
33,608,042 
34,870,762 
Expenses: 
General government 
2,615,251 
2,933,418 
2,615,251 
2,933,418 
Public safety 
4,258,395 
3,766,146 
4,258,395 
3,766,146 
Highways and streets 
2,342,509 
3,359,132 
- 
2,342,509 
3,359,132 
Culture and recreation 
1,241,870 
1,106,216 
1,241,870 
1,106,216 
Education 
17,032,100 
17,147,705 
17,032,100 
17,147,705 
Health and welfare 
104,309 
2,376,825 
104,309 
2,376,825 
Interest on long-term debt 
- 
19,659 
- 
- 
19,659 
Conference center 
74,280 
72,597 
74,280 
72,597 
Sanitation 
759 581 
719,514 
759,581 
719,514 
Total expenses 
27,594,434 
30,709,101 
833 861 
792 111 
28,428,295 
31,501,212 
Change in net position 
5,003,038 
3,157,406 
176,709 
212,144 
5,179,747 
3,369,550 
Net position, beginning of year 
(restated) (1) 
41,394,016 
39,534,179 
3,222,476 
3,010,332 
44,616,492 
42,544,511 
Net position, end of year 
$46,397,054 
$42,691,585 
$3,399,185 
$3,222,476 
$49,796,239 
$45,914,061 
(1) Includes a restatement of net assets of $1,297,569, as described in Note 10. The restatement changes net assets as of July 1, 2017. 
Financial Analysis of the City's Funds 
As noted earlier, the City of Athens' uses fund accounting to ensure and demonstrate compliance with 
finance-related legal requirements. 
Governmental funds. The focus of the City of Athens' governmental funds is to provide information on 
near-term inflows, outflows, and balances of spendable resources. Such information is useful in assessing 
the City of Athens' financing requirements. The unassigned fund balance may serve as a useful measure of 
a government's net resources available at the end of the fiscal year for future unforeseen emergencies. 
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