athens tn acfr fy2024

City of Athens · annual comprehensive financial report · 202 pages · Descriptive metadata inferred from filename

Extracted text for page 175

Unverified text extraction. Check the original page for numbers, names, and layout.

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
OTHER FINANCING SOURCES
 (USES)
Capital contributions -$ -$ 250,000$       -$ -$ 244,000$       -$ -$ -$ -$
Unrealized gain (loss) of investments 29,193           - - - - - - - - -
Transfers - - - - - - - - - -
Issuance of debt 34,996,675    11,200,000    25,556,329    5,903,325      - - - - - -
Proceeds from the sale of 
 capital assets 15,115           12,741           3,750             3,958             17,586           200 210 3,427             10,086           365
Insurance proceeds -
1,600 375 101,463         165,553         3,594             13,220           84,021           15,593           3,769             
35,040,983    11,214,341    25,810,454    6,008,746      183,139         247,794         13,430           87,448           25,679           4,134             
NET CHANGE IN FUND
 BALANCES 1,376,567$    249,572$       15,222,589$  7,086,685$    2,452,740$    300,894$       3,558,767$    1,498,337$    1,488,290$    (714,216)$     
DEBT SERVICE AS A PERCENTAGE
 OF NONCAPITAL
 EXPENDITURES 70.54% 4.20% 1.56% 0.02% 0.00% 0.00% 0.00% 5.77% 2.75% 2.79%
Fiscal Year
CITY OF ATHENS, TENNESSEE
CHANGES IN FUND BALANCES, GOVERNMENTAL FUNDS
LAST TEN FISCAL YEARS (Continued)
JUNE 30, 2024
(Modified Accrual Basis of Accounting)
F-8