General Fund
Explore this fund’s reported income, spending, and balances. The summary shows audited FY2025 figures; each section identifies its own years.
Fund balance is the reported amount remaining, not necessarily cash available to spend.
Financial historyCompare reported revenue, spending, transfers, and balances across years.
Available audited history: 2017-2018 through 2024-2025. A year before first separate reporting is not represented as zero. Changes in source presentation are explained below.
| Measure | Actual2017-2018 | Actual2018-2019 | Actual2019-2020 | Actual2020-2021 | Actual2021-2022 | Actual2022-2023 | Actual2023-2024 | Actual2024-2025 |
|---|---|---|---|---|---|---|---|---|
| Beginning balance (as presented) | 9,439,675 | 11,935,022 | 14,160,024 | 13,884,604 | 17,752,907 | 18,664,017 | 19,471,111 | 19,084,790 |
| Revenue, including reported nonoperating revenue | 15,913,545 | 16,514,992 | 16,834,095 | 20,467,598 | 20,995,018 | 21,774,284 | 23,146,571 | 23,365,069 |
| Expenditures | 10,627,198 | 11,808,584 | 13,952,252 | 12,321,159 | 12,707,033 | 13,125,828 | 19,262,085 | 20,246,234 |
| Transfers received | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 629,000 |
| Transfers sent | 0 | 0 | 0 | 0 | 7,381,000 | 7,846,000 | 4,300,000 | 3,462,000 |
| Transfers, net (older format) | (2,791,000) | (2,485,000) | (3,181,000) | (4,381,000) | 0 | 0 | 0 | 0 |
| Other financing sources / (uses) | 0 | 3,594 | 23,737 | 102,864 | 4,125 | 4,638 | 29,193 | 0 |
| Reported change | 2,495,347 | 2,225,002 | (275,420) | 3,868,303 | 911,110 | 807,094 | (386,321) | 285,835 |
| Ending fund balance | 11,935,022 | 14,160,024 | 13,884,604 | 17,752,907 | 18,664,017 | 19,471,111 | 19,084,790 | 19,370,625 |
Revenue and expense fields use the source’s accounting basis. Investment income and capital contributions are not assumed to be service receipts; transfers are not counted as revenue. Zero in these aggregate schedules means no reported activity in that category, not proof that a missing detailed account is zero.
History sources and reporting changes
- 2017-2018: Transfers are reported net. Other financing includes source-reported insurance/asset-sale proceeds where present. PDF page 29
- 2018-2019: Transfers are reported net. Other financing includes source-reported insurance/asset-sale proceeds where present. PDF page 33
- 2019-2020: Transfers are reported net. Other financing includes source-reported insurance/asset-sale proceeds where present. PDF page 36
- 2020-2021: Transfers are reported net. Other financing includes source-reported insurance/asset-sale proceeds where present. PDF page 32
- 2021-2022: Other financing is proceeds from sale of property (3,750) plus insurance proceeds (375). PDF page 36
- 2022-2023: Other financing is proceeds from sale of property. PDF page 36
- 2023-2024: Other financing is unrealized gain on investments. PDF page 36
- 2024-2025: Source schedule retained. PDF page 33
Revenue detailCompare income across fiscal years, with the latest year's detailed sources below.
Audited revenue, not cash receipts. Transfers and borrowing are separate. A dash means the category is not separately reported here.
| Revenue source | ActualFY2018 | ActualFY2019 | ActualFY2020 | ActualFY2021 | ActualFY2022 | ActualFY2023 | ActualFY2024 | ActualFY2025 |
|---|---|---|---|---|---|---|---|---|
| Property taxes | 5,987,563 | 6,244,073 | 6,513,001 | 6,642,990 | 6,981,876 | 6,606,750 | 6,737,130 | 6,899,456 |
| Other local taxes | 7,211,961 | 7,457,076 | 7,582,015 | 10,250,056 | 10,721,788 | 11,588,982 | 11,882,542 | 12,062,146 |
| Intergovernmental | 1,967,978 | 2,145,387 | 2,058,629 | 2,918,856 | 2,681,183 | 2,571,271 | 3,075,283 | 2,973,357 |
| Charges for services | 329,196 | 221,854 | 210,608 | 262,876 | 293,496 | 404,717 | 362,619 | 363,617 |
| Fines and forfeitures | 262,100 | 205,094 | 170,427 | 185,497 | 200,598 | 142,623 | 113,447 | 165,063 |
| Investment and interest income | 100,685 | 189,003 | 205,143 | 104,269 | 27,100 | 366,786 | 813,317 | 685,143 |
| Miscellaneous | 54,062 | 52,505 | 94,272 | 103,054 | 88,977 | 93,155 | 162,233 | 216,287 |
| Total revenue | 15,913,545 | 16,514,992 | 16,834,095 | 20,467,598 | 20,995,018 | 21,774,284 | 23,146,571 | 23,365,069 |
What the revenue records show
FY2020 to FY2021: Revenue increased by $3,633,503. Other local taxes accounted for $2,668,041 and intergovernmental revenue for $860,227 of that change. The categories explain the arithmetic; the underlying tax, grant, or timing causes remain unconfirmed. FY2020 source FY2021 source
Source notes
- FY2018: Audited governmental-fund revenue categories; row sum matches reported total revenues.
- FY2019: Audited governmental-fund revenue categories; row sum matches reported total revenues.
- FY2020: Audited governmental-fund revenue categories; row sum matches reported total revenues.
- FY2021: Audited governmental-fund revenue categories; row sum matches reported total revenues.
- FY2022: Audited governmental-fund revenue categories recovered from the scanned statement; row sum matches reported total revenues.
- FY2023: Audited governmental-fund revenue categories recovered from the scanned statement; the miscellaneous amount is confirmed by reconciliation to reported total revenues.
- FY2024: Audited governmental-fund revenue categories; row sum matches reported total revenues.
- FY2025: Audited governmental-fund revenue categories; row sum matches reported total revenues.
FY2025 revenue detail
Actual revenue on the audit’s accounting basis. Transfers and borrowing are separate from these totals.
Property taxes: $6,899,456
Other local taxes: $12,062,146
| Revenue source | ActualFY2025 |
|---|---|
| Prior property tax penalties and interest | 18,944 |
| Delinquent property tax penalties and interest | 45,112 |
| In lieu of taxes | 1,260,623 |
| TVA impact | 36,875 |
| Local sales tax | 9,102,748 |
| Wholesale beer tax | 513,391 |
| Wholesale liquor tax | 308,447 |
| Business license fee | 2,199 |
| Business tax: state clerk fee | 59,832 |
| Business tax: state collected | 591,237 |
| Cable TV franchise tax | 122,738 |
Intergovernmental: $2,973,357
| Revenue source | ActualFY2025 |
|---|---|
| State sales tax | 1,794,452 |
| State beer tax | 5,927 |
| State gas and motor fuel tax | 493,965 |
| State gasoline inspection tax | 25,723 |
| State transportation and modernization | 6,184 |
| State mixed drink tax | 102,076 |
| State excise tax | 65,585 |
| State sports betting tax | 30,772 |
| Other government reimbursements | 133,649 |
| Grants | 315,024 |
Charges for services: $363,617
Fines and forfeitures: $165,063
Investment income: $685,143
| Revenue source | ActualFY2025 |
|---|---|
| Interest | 685,143 |
Miscellaneous: $216,287
| Revenue source | ActualFY2025 |
|---|---|
| Miscellaneous | 216,287 |
Total revenue: $23,365,069
Latest budget: a comparison has not yet been prepared for this fund.
Follow the transfers — FY2025Sending and receiving funds, with confirmed routes separated from inferred matches.
These are actual transfers. Some detail comes from the actual column of a later budget book. Transfers do not create new citywide revenue.
General Fund → Debt Service – Schools: $1,000,000 · Documented route
Evidence for this route
Explicit FY2024-25 actual: the General Fund reports $1,400,000 transferred to debt service in total, and the USDA Community Facilities Loan Fund reports $1,000,000 transferred in from the General Fund. The separate city-project debt fund reports the other $400,000.
General Fund → Debt Service – City Projects: $400,000 · Documented route
Evidence for this route
Explicit FY2024-25 actual: the General Obligation Bond, Series 2021 Fund reports a $400,000 transfer in from the General Fund.
General Fund → Capital Improvement: $1,942,000 · Documented route
Evidence for this route
Explicit FY2024-25 actual in both funds: General Fund transfer to Capital Project Fund and Capital Improvement Fund transfer in from General Fund.
General Fund → Conference Center: $120,000 · Documented route
Evidence for this route
Explicit FY2024-25 actual in both funds: General Fund transfer to Conference Center and Conference Center transfer in from General Fund.
Capital Improvement → General Fund: $629,000 · Documented route
Evidence for this route
Explicit FY2024-25 actual: Capital Improvement account 08-0000-7210, Transfer to General Fund. Audit page 24 also names the Capital Improvement Fund as the source.
Related project histories
Project records provide context; they do not allocate this page’s entire spending to a project.