Overview
Johnson City's General Fund closed 2024 at $118,302 unencumbered, down $10,794 on the year after receipts of $516,659 against expenditures of $527,453 — spending $95,547 under its $623,000 budget. The city's balance sheet is dominated by its Electric Utility Fund, which ended at $3,816,092 after a $459,267 surplus on $2,373,509 in receipts.
Source: City of Johnson City financial statements, year ended December 31, 2024 (state portal, PDF).
At a glance
Source: Johnson City financial statements, General Fund schedule.
Budget walk
General Fund: beginning $129,096 plus receipts $516,659 minus expenditures $527,453 equals ending unencumbered cash $118,302.
| Item | Amount |
|---|---|
| Unencumbered cash, Jan 1, 2024 (General Fund) | $129,096 |
| Receipts, 2024 | $516,659 |
| Expenditures, 2024 | $527,453 |
| Receipts over (under) expenditures | $(10,794) |
| Ending unencumbered cash | $118,302 |
General Fund receipts build, 2024 (sums exactly to $516,659): taxes $276,020 (ad valorem $213,810; motor vehicle $57,067; delinquent $3,081; commercial vehicle $1,559; recreational vehicle $318; 16/20M vehicle $185); intergovernmental $158,487 (local sales and compensating use tax $158,423; local liquor tax $64); licenses, permits and fees $23,204 (franchise tax $19,992; licenses $1,950; permits $1,155; dog licenses $107); court fines $4,034; interest on idle funds $10,538; other $44,376 (operating transfers $30,443; miscellaneous $13,933).
General Fund expenditures, 2024 (sums exactly to $527,453): general street $389,320; general police $90,200; general government $39,859; animal control $4,152; general shop $3,574; general fire $348.
Electric Utility: beginning $3,356,825 plus receipts $2,373,509 minus expenditures $1,914,242 equals $3,816,092. Special Highway: beginning $1,398 plus receipts $37,171 minus expenditures $3,479 equals $35,090. Employee Benefits: beginning $543 plus receipts $90,710 minus expenditures $91,197 equals $56. Bond and Interest: receipts $242,527 exactly matched expenditures $242,527 (principal $194,087, interest $48,440), ending at $0.
Source: Johnson City financial statements, General Fund schedule.
Major funds
Ending unencumbered cash by fund, from the verified fund schedules:
| Fund | Ending unencumbered cash |
|---|---|
| Electric Utility | $3,816,092 |
| General | $118,302 |
| Special Highway | $35,090 |
| Employee Benefits | $56 |
| Bond and Interest | $0 |
Water, trash and sewer utility schedules were not extracted for this page; their balances are not estimated here.
Source: Johnson City financial statements, General Fund schedule.
Sources & notes
- Only source used: City of Johnson City financial statements, year ended December 31, 2024 (state portal; Hay•Rice & Associates, August 19, 2025). Read the statements (PDF).
- Sum checks: the General Fund walk ($129,096 + $516,659 − $527,453) equals $118,302; the receipts build sums to $516,659; the expenditure categories sum to $527,453; Electric ($3,356,825 + $2,373,509 − $1,914,242) equals $3,816,092; Special Highway ($1,398 + $37,171 − $3,479) equals $35,090; Employee Benefits ($543 + $90,710 − $91,197) equals $56. All verified by addition.
- Dated basis disclosed: all figures are FY2024 actuals.
- Audit findings disclosed: the auditors identified significant deficiencies 2024-001 and 2024-002 in internal control (no material weaknesses) and no reportable noncompliance; the findings' detail is in the statement's schedule of findings, not summarized further here.
- City palette: no verified Johnson City palette was on file, so this page uses the neutral Hometown Numbers dark-glass theme rather than a city color.