athens tn acfr fy2021

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City of Athens, Tennessee 
Management's Discussion and Analysis 
June 30, 2021 
Key elements of this increase in net position are as follows: 
Revenues: 
Program revenues: 
Governmental Activities 
Business-type Activities 
Total 
2021 
2020 
2021 
2020 
2021 
2020 
Charges for services 
$ 
816,372 $ 
628,674 
$ 
1,011,777 $ 
993,111 
$ 
1,828,149 $ 
1,621,785 
Operating grants and contributions 
6,722,509 
4,420,432 
- 
6,722,509 
4,420,432 
Capital grants and contributions 
123,701 
786,445 
123,701 
786,445 
General revenues: 
Property taxes 
8,381,814 
8,516,240 
- 
- 
8,381,814 
8,516,240 
Other taxes 
10,250,057 
10,062,469 
10,250,057 
10,062,469 
Intergovernmental revenues not 
restricted to specific programs 
12,788,094 
11,475,082 
- 
- 
12,788,094 
11,475,082 
Other 
753,174 
778,014 
15,428 
49,042 
768,602 
827,056 
Total revenues 
39,835,721 
36,667,356 
1,027,205 
1,042,153 
40,862,926 
37,709,509 
Expenses: 
General government 
3,216,820 
4,070,588 
3,216,820 
4,070,588 
Public safety 
5,090,333 
5,259,541 
5,090,333 
5,259,541 
Highways and streets 
2,833,795 
4,701,837 
2,833,795 
4,701,837 
Culture and recreation 
956,232 
1,402,284 
956,232 
1,402,284 
Education 
18,807,931 
17,604,997 
18,807,931 
17,604,997 
Health and welfare 
116,181 
172,629 
- 
116,181 
172,629 
Interest on debt 
7,178 
- 
- 
7,178 
-
Conference center 
74,705 
78,597 
74,705 
78,597 
Sanitation 
- 
821,271 
880,695 
821,271 
880,695 
Total expenses 
31,028,470 
33,211,876 
895,976 
959,292 
31,924,446 
34,171,168 
Change in net position 
8,807,251 
3,455,480 
131,229 
82,861 
8,938,480 
3,538,341 
Net position, beginning of year 
53,479,044 
49,874,121 
3,636,718 
3,553,857 
57,115,762 
53,427,978 
Net position, end of year 
62,286,295 $ 
53,329,601 
$ 
3,767,947 $ 
3,636,718 
$ 
66,054,242 $ 
56,966,319 
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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