athens tn acfr fy2018 text edition

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CITY OF ATHENS, TENNESSEE 
STATEMENT OF REVENUES, EXPENDITURES 
AND CHANGES IN FUND BALANCES 
GOVERNMENTAL FUNDS 
Year Ended June 30, 2018 
REVENUES 
General 
General 
Purpose 
School 
Capital 
Projects Fund 
Federal 
Projects 
Nonmajor 
Governmental 
Funds 
Total 
Governmental 
Funds 
Capital 
Improvement 
Property taxes 
$ 5,987,563 
$ 1,859,179 
$ 	
- 
$ 	
- 
$ 
$ 	
7,846,742 
Other local taxes 
7,211,961 
1,274,655 
- 
- 
8,486,616 
Intergovernmental 
1,967,978 
9,046,460 
288,065 
1,987,092 
1,222,931 
14,512,526 
Charges for services 
329,196 
220,101 
- 
54,394 
603,691 
Fines and forfeitures 
262,100 
- 
- 
22,918 
285,018 
Investment and interest 
income 
100,685 
25,884 
74,757 
10,920 
212,246 
Miscellaneous 
54,062 
204,742 
110,994 
- 
369,798 
Total revenues 
15,913,545 
12,631,021 
473,816 
1,987,092 
1,311,163 
32,316,637 
EXPENDITURES 
Current: 
General government 
2,499,327 
- 
2,499,327 
Public safety 
4,592,333 
13,924 
4,606,257 
Highways and streets 
2,264,670 
- 
2,264,670 
Culture and recreation 
1,161,941 
- 
- 
1,161,941 
Education 
14,313,614 
2,085,640 
1,214,798 
17,614,052 
Health and welfare 
108,927 
- 
.. 
- 
108,927 
Capital outlay 
- 
- 
516,126 
- 
516,126 
Total expenditures 
10,627,198 
14,313,614 
516,126 
2,085,640 
1,228,722 
28,771,300 
REVENUES OVER (UNDER) 
EXPENDITURES 
5,286,347 
(1,682,593) 
(42,310) 
(98,548) 
82,441 
3,545,337 
OTHER FINANCING SOURCES 
(USES) 
Transfers 
(2,791,000) 
2,322,452 
370,000 
98,548 
Insurance proceeds 
13,220 
13,220 
Proceeds from sale of capital assets 
210 
210 
Total other financing 
sources (uses) 
(2,791,000) 
2,335,882 
370,000 
98,548 
13,430 
NET CHANGE IN FUND 
BALANCES 
2,495,347 
653,289 
327,690 
82,441 
3,558,767 
FUND BALANCES, 
beginning of year 
9,439,675 
4,035,163 
5,909,095 
1,758,884 
21,142,817 
FUND BALANCES, 
end of year 
$11,935,022 
$ 4,688,452 
$ 6,236,785 
$ 
$ 	
1,841,325 
$ 24,701,584 
The Notes to Financial Statements are an integral part of this statement. 
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