athens tn annual budget fy2024 2025

Machine-read OCR text; verify every number, name, and layout against the original page.

Utilities Board provides power, water, gas and sewer services to residential, commercial and industrial
customers located in Athens and the surrounding area. The Board of Education is responsible for
elementary education (K-8"™ grades) within the City.

The annual budget serves as the foundation for the City of Athens’ financial planning and control. The
council reviews capital outlay needs each year at their annual retreat in January/February. The finance
department compiles budgetary information to be distributed to the departments by February 28. Budget
requests are submitted to the finance director in March, at which time the finance department compiles
the data and makes revenue estimates. Budget hearings are held in April of each year with the
department heads. In early May, the City Manager and/or Director of Finance make a formal balanced
budget presentation to the city council.

Athens is a great place to work and has several manufacturers and employers in the area. The City has
three industrial parks, two of which still have available land for new facilities. These two parks are located
on Interstate 75 at exit 49 and exit 52. Larger industries and employers include: Denso Tennessee, Inc.;
Adient; McMinn County Board of Education; Heil Trailer, International; Mayfield Dairy Farms, Inc.; Wal-
Mart; Starr Regional Medical Center; ABB; Dynasty Spas and E&E Manufacturing. These principal
employers employ approximately 5,000 employees.

6c

>

oO f