The city's Water and Sewer and Solid Waste funds reported combined net position of $15,129,001, and the Water and Sewer Fund took on $1,803,926 in debt previously carried by governmental activities. Hotel/Motel tax revenue for the year totaled $596,610.
IssueLavoniaunder consideration
Lavonia's FY2025 audit shows a $394,943 drop in net position
The city's annual financial report shows spending outpaced revenue for the year, though the city still holds about $23.6 million more in assets than liabilities.
What happens next
No next step has been documented.
At a glance
What this means now
The story
The City of Lavonia's FY2025 annual financial report, covering the year ended December 31, 2025, shows total assets exceeding liabilities by $23,646,847. Total revenues for the year were $10,076,150 against total expenses of $10,471,093, a decrease in net position of $394,943.
Within the city's day-to-day operating funds, governmental funds reported combined ending fund balances of $4,933,624, including a General Fund unassigned balance of $1,997,779. The General Fund alone took in $4,108,939 in revenue and spent $7,213,476, ending the year with a $4,421,143 balance.
The city's Water and Sewer and Solid Waste funds reported combined net position of $15,129,001, and the Water and Sewer Fund took on $1,803,926 in debt previously carried by governmental activities. Hotel/Motel tax revenue for the year totaled $596,610.
What happened
How this issue got here
Open any step for its supporting record. A proposal remains labeled as proposed until later evidence establishes an outcome.
mentionedunknownFY2025 City of Lavonia Annual Financial Report / overall financial position
Assets for the City of Lavonia exceeded liabilities by $23,646,847 at the close of the current
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FY2025 City of Lavonia Annual Financial Report / overall financial position
Assets for the City of Lavonia exceeded liabilities by $23,646,847 at the close of the current
mentionedunknownCity of Lavonia FY2025 Annual Financial Report - governmental, proprietary and fiduciary fund statements
CITY OF LAVONIA, GEORGIA
BALANCE SHEET
GOVERNMENTAL FUNDS
December 31, 2025
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City of Lavonia FY2025 Annual Financial Report - governmental, proprietary and fiduciary fund statements
CITY OF LAVONIA, GEORGIA BALANCE SHEET GOVERNMENTAL FUNDS December 31, 2025
mentionedunknownFY2025 Annual Financial Report and independent auditor's opinion for the City of Lavonia
As of December 31, 2025, the City’s governmental funds reported combined ending fund balances of
$4,933,624.
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FY2025 Annual Financial Report and independent auditor's opinion for the City of Lavonia
As of December 31, 2025, the City’s governmental funds reported combined ending fund balances of $4,933,624.
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