athens tn acfr fy2021

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CITY OF ATHENS, TENNESSEE 
STATEMENT OF REVENUES, EXPENDITURES 
AND CHANGES IN FUND BALANCE 
BUDGET AND ACTUAL -
GENERAL PURPOSE SCHOOL FUND 
Year Ended June 30, 2021 
REVENUES 
Budget 
Actual 
Variance 
with Final 
Budget 
Original 
Final 
Property taxes 
$ 1,644,000 
$ 1,684,000 
$ 1,866,914 
$ 
182,914 
County revenue 
1,366,000 
1,594,000 
2,346,882 
752,882 
State funds 
9,532,860 
9,694,860 
10,100,458 
405,598 
Federal funds received through state 
248,200 
510,326 
260,877 
(249,449) 
Direct federal funds 
685 
685 
Tuition 
250,000 
250,000 
177,512 
(72,488) 
Interest 
23,000 
23,000 
52,213 
29,213 
Other 
16,000 
16,000 
50,643 
34,643 
Total revenues 
13,080,060 
13,772,186 
14,856,184 
1,083,998 
EXPENDITURES 
Current: 
Instruction 
Regular instruction 
8,483,063 
8,758,378 
8,695,690 
62,688 
Special education 
601,740 
620,313 
603,488 
16,825 
Early childhood education 
658,378 
660,799 
638,675 
22,124 
Other instruction 
5,500 
5,500 
2,024 
3,476 
9,748,681 
10,044,990 
9,939,877 
105,113 
Support services 
Instructional support 
1,033,752 
1,046,135 
925,037 
121,098 
Student support 
274,483 
343,855 
268,870 
74,985 
Administration 
1,692,552 
1,712,775 
1,640,279 
72,496 
Operation and maintenance of plant 
1,197,326 
1,208,823 
1,170,668 
38,155 
Transportation 
516,533 
573,959 
512,938 
61,021 
Other support services 
916,733 
928,767 
833,469 
95,298 
5,631,379 
5,814,314 
5,351,261 
463,053 
Non-instructional services 
Capital outlay 
200,000 
290,000 
277,477 
12,523 
Total expenditures 
15,580,060 
16,149,304 
15,568,615 
580,689 
REVENUES OVER (UNDER) EXPENDITURES 
(2,500,000) 
(2,377,118) 
(712,431) 
1,664,687 
OTHER FINANCING SOURCES (USES) 
Proceeds from sale of property 
2,557 
2,557 
Transfer from general fund 
2,421,000 
2,421,000 
2,481,000 
60,000 
Total other financing sources 
2,421,000 
2,421,000 
2,483,557 
62,557 
NET CHANGE IN FUND BALANCE 
(79,000) 
43,882 
1,771,126 
1,727,244 
FUND BALANCE, beginning of year 
4,773,787 
4,773,787 
4,773,787 
FUND BALANCE, end of year 
$  4,694,787 
$ 4,817,669 
$ 6,544,913 
$ 1,727,244 
The Notes to Financial Statements are an integral part of this statement. 
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