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 A1HUNS, TENNESSEE 
STATEMENT OF REVENUES, EXPENDITURES 
AND CHANGES IN FUND BALANCE 
BUDGET AND ACTUAL - GENERAL FUND 
Year Ended June 30, 2018 
REVENUES 
PROPERTY TAXES 
Budget 
Actual 
Variance 
With Final 
Budget 
Original 
Final 
Property taxes-current 
$ 5,250,000 
$ 5,350,000 
$ 5,717,006 
$ 	
367,006 
Property taxes-prior 
120,000 
120,000 
85,605 
(34,395) 
Property taxes-delinquent 
70,000 
70,000 
86,887 
16,887 
Public utilities taxes 
90,000 
90,000 
98,065 
8,065 
Total property taxes 
5,530,000 
5,630,000 
5,987,563 
357,563 
0 I HER LOCAL TAXES 
Penalty and'  nterest on property 
tax-prior 
20,000 
20,000 
21,889 
1,889 
Penalty and interest on property 
tax-current 
20,000 
20,000 
30,895 
10,895 
In lieu of taxes 
1,170,000 
1,170,000 
1,184,317 
14,317 
TVA impact 
2,520 
2,520 
Local sales tax 
4,450,000 
4,450,000 
4,592,782 
142,782 
Wholesale beer tax 
490,000 
490,000 
478,662 
(11,338) 
Wholesale liquor tax 
180,000 
180,000 
217,305 
37,305 
Cable TV franchise tax 
180,000 
180,000 
183,053 
3,053 
Business license fee 
2,000 
2,000 
1,732 
(268) 
Business tax - state clerk fee 
40,000 
40,000 
47,312 
7,312 
Business tax - state collected 
420,000 
420,000 
451,494 
31,494 
Total other local taxes 
6,972,000 
6,972,000 
7,211,961 
239,961 
INTERGOVERNMENTAL 
State sales tax 
1,130,000 
1,130,000 
1,159,213 
29,213 
State beer tax 
6,000 
6,000 
6,278 
278 
State income tax 
80,000 
80,000 
37,507 
(42,493) 
State gas and motor fuel tax 
370,000 
370,000 
444,787 
74,787 
State gasoline inspection tax 
28,000 
28,000 
27,022 
(978) 
State mixed drink tax 
45,000 
45,000 
50,584 
5,584 
State excise tax 
40,000 
40,000 
90,801 
50,801 
Reimbursement-other government 
agencies 
122,000 
122,000 
142,473 
20,473 
Grants 
4,000 
9,313 
5,313 
Total intergovernmental 
1,821,000 
1,825,000 
1,967,978 
142,978 
(continued) 
The Notes to Financial Statements are an integral part of this statement 
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