athens tn acfr fy2018 text edition
City of Athens · annual comprehensive financial report · 164 pages · Descriptive metadata inferred from filename
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CITY OF ATHENS, TENNESSEE BALANCE SHEET GOVERNMENTAL FUNDS June 30, 2018 ASSETS General General Purpose School Capital Projects Fund Federal Projects Nonmajor Governmental Funds Total Governmental Funds Capital Improvement Cash and cash equivalents $ 1,086,896 $4,524,884 $ 96,667 $ 108,524 $ 1,371,581 $ 7,188,552 Investments 10,098,644 - 6,163,962 - 419,082 16,681,688 Receivables: Property taxes, net 6,322,497 1,699,684 - 8,022,181 Other governments 1,299,333 813,450 108,724 271,334 61,661 2,554,502 Interfimd - 543,147 - 543,147 Other 65,851 65,851 Prepaid items - 142,859 - 142,859 Inventories 103,132 - 41,231 144,363 Total assets $ 18,976,353 $7,724,024 $ 6,369,353 $ 379,858 $ 1,893,555 $ 35,343,143 LIABILITIES, DEFERRED INFLOWS, AND FUND BALANCES LIABILITIES Accounts payable $ 190,542 $ 448,889 $ 38,097 $ - $ 79 $ 677,607 Interfund payable 346,000 - 197,147 - 543,147 Accrued payroll and withholdings 97,061 886,999 182,711 52,151 1,218,922 Due to component unit 50,999 - 19,500 - 70,499 Unearned revenues 459,729 74,971 534,700 Total liabilities 1,144,331 1,335,888 132,568 379,858 52,230 3,044,875 DEFERRED INFLOWS OF RESOURCES Deferred inflows related to property taxes 5,897,000 1,699,684 7,596,684 7,041,331 3,035,572 132,568 379,858 52,230 10,641,559 FUND BALANCES Nonspendable 103,132 142,859 122,841 368,832 Restricted 98,684 259,863 370,087 728,634 Committed 20,164 - 6,236,785 1,039,837 7,296,786 Assigned 4,285,730 308,560 4,594,290 Unassigned 11,713,042 - - 11,713,042 Total fund balances 11,935,022 4,688,452 6,236,785 1,841,325 24,701,584 Total liabilities, deferred inflows, and fund balances $18,976,353 $7,724,024 $ 6,369,353 $ 379,858 $ 1,893,555 $ 35,343,143 The Notes to Financial Statements are an integral part of this statement. -6-