Reference Number: 
CTAS-715

Local governments are a subdivision of state government; therefore the state has a vested interest in the operation of local governments.  The state has a prescribed set of accounting codes (Chart of Accounts) in which the local governments use to budget and expense their cost of operations

In county government, each of the major operations—roads, education, and general government—operate under a separate fund maintained through the county trustees’ office. These funds are like subsidiary businesses of a holding company. Each fund has its separate accounting and budgeting system and records. A budget is approved by fund and function with a property tax rate set for each fund that needs it. Tennessee counties usually operate under the following funds:

Fund Name Fund Number
General Fund #101
Solid Waste/Sanitation Fund #116
Drug Fund #122
Road and Bridge Fund #131
General Purpose School Fund #141
Federal Projects Fund #142
Debt Service Fund #151
Capital Projects Fund #171
Other Optional Funds