Audit June 30, 2024
City of LaFollette
LaFollette, TN
FINANCIAL STATEMENTS, SUPPLEMENTAL INFORMATION AND OTHER REPORTS
For the Year Ended June 30, 2024
TABLE OF CONTENTS
INTRODUCTORY SECTION
FINANCIAL SECTION
INDEPENDENT AUDITOR'S REPORT
MANAGEMENT'S DISCUSSION AND ANALYSIS
BASIC FINACNIAL STATEMENT:
STATEMENT OF NET POSITION
STATEMENT OF ACTIVITIES
BALANCE SHEET- GOVERNMENTAL FUNDS
RECONCILIATION OF THE GOVERNMENT FUNDS BALANCE SHEET TO THE STATEMENT OF NET POSITION
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE- GOVERNMENT FUNDS
RECONCILIATION OF THE GOVERNMENTAL FUNDS STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BUDGETARY COMPARISION STATEMENT- GENERAL FUND(ORIGINAL AND FINAL BUDGET)
GENERAL FUND- DETAILED STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE AND ACTUAL
BALANCE SHEET - PROPRIETARY FUNDS
STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET POSITION - PROPRIETARY FUNDS
STATEMENT OF CASH FLOWS- PROPRIETARY FUNDS