Springfield, Georgia — the seat of Effingham County. This page presents the city’s finances from its Annual Financial Report for the year ended December 31, 2024 (audited). The city publishes no adopted budget book; its only published budget document — an unapproved 2025 workshop summary — appears in its own clearly labeled section near the bottom and is never mixed with the audited figures.
The city’s fiscal year is the calendar year, ending December 31. “FY2024” below means the year ended December 31, 2024. No population figure appears in either source document, so none is shown.
From the audited Statement of Revenues, Expenditures and Changes in Fund Balances — Governmental Funds (p. 8). The city reports four governmental funds: the General Fund, the American Rescue Plan Act (ARPA) Fund, the TSPLOST Capital Projects Fund, and the SPLOST Capital Projects Fund. Fund figures use modified accrual accounting (see Caveat C4).
| Source | Amount |
|---|---|
| Taxes | $2,451,899 |
| Intergovernmental | $3,487,454 |
| Licenses and permits | $168,063 |
| Charges for services | $42,430 |
| Fines and forfeitures | $247,810 |
| Interest | $6,917 |
| Other | $80,937 |
| Total revenues | $6,485,510 |
By fund: General Fund $3,199,881 + ARPA $766 + TSPLOST $2,666,483 + SPLOST $618,380 = $6,485,510. Intergovernmental revenue by fund: General $206,637; TSPLOST $2,663,881; SPLOST $616,936; ARPA $0. TSPLOST’s total is its intergovernmental revenue plus interest of $2,602; SPLOST’s total is its intergovernmental revenue plus interest of $1,444; the ARPA Fund’s entire revenue was $766 of interest (see Caveat C10).
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), Statement of Revenues, Expenditures and Changes in Fund Balances — Governmental Funds, p. 8. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
| Source | Amount |
|---|---|
| Taxes | $2,451,899 |
| Intergovernmental | $206,637 |
| Licenses and permits | $168,063 |
| Charges for services | $42,430 |
| Fines and forfeitures | $247,810 |
| Interest | $2,105 |
| Other | $80,937 |
| Total revenues — General Fund | $3,199,881 |
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), p. 8. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
| Tax | Amount |
|---|---|
| Property tax | $876,293 |
| Sales tax | $858,792 |
| Franchise tax | $273,872 |
| Insurance premium tax | $258,269 |
| Alcoholic beverage tax | $126,062 |
| Other taxes | $58,611 |
| Total taxes | $2,451,899 |
These are fund-basis (modified accrual) amounts. On the government-wide accrual basis, property tax revenue is $882,142 — see Caveat C4.
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), General Fund — Statement of Revenues, Expenditures and Changes in Fund Balance — Budget and Actual, p. 10, Actual column. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
| Function | Amount |
|---|---|
| General government (current) | $564,939 |
| Judicial (current) | $105,754 |
| Public safety (current) | $1,175,868 |
| Public works (current) | $506,308 |
| Culture and recreation (current) | $78,258 |
| Community development (current) | $348,815 |
| Capital outlay — general government | $9,925 |
| Capital outlay — public works | $1,201,383 |
| Capital outlay — culture and recreation | $6,776 |
| Total expenditures | $3,998,026 |
All current expenditures ($2,779,942) are General Fund; capital outlay totals $1,218,084. By fund: General Fund $2,779,942 + TSPLOST $480,797 + SPLOST $737,287 = $3,998,026. The SPLOST Fund’s $737,287 is capital outlay of $9,925 (general government) + $720,586 (public works) + $6,776 (culture and recreation); the TSPLOST Fund’s spending is capital outlay — public works of $480,797.
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), p. 8. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
| Fund | Jan 1, 2024 | Net change | Dec 31, 2024 |
|---|---|---|---|
| General Fund | $2,434,620 | +$338,874 | $2,773,494 |
| ARPA Fund | $1,067 | +$766 | $1,833 |
| TSPLOST Capital Projects Fund | $1,072,273 | +$2,185,686 | $3,257,959 |
| SPLOST Capital Projects Fund | $1,778,242 | −$194,482 | $1,583,760 |
| Total governmental funds | $5,286,202 | +$2,330,844 | $7,617,046 |
General Fund change: revenues $3,199,881 − expenditures $2,779,942 = $419,939; plus sale of capital assets $23,935, less transfers out $105,000, equals +$338,874. SPLOST change: $618,380 − $737,287 = −$118,907, less a transfer out of $75,575 to Water & Sewer, equals −$194,482.
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), p. 8. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
From the audited budget-and-actual statement (p. 10). The Actual column is the basis for the figures elsewhere on this page. The Original and Final budget totals are shown exactly as printed in the report; line-level budget detail is withheld — see Caveat C6.
| General Fund | Original budget (as printed) | Final budget (as printed) | Actual |
|---|---|---|---|
| Total revenues | $3,204,767 | $3,170,818 | $3,199,881 |
| Total expenditures | $3,263,899 | $2,898,757 | $2,779,942 |
| Excess (deficiency) | −$59,133 | $272,061 | $419,939 |
| Other financing sources (uses) | $125,000 | −$100,000 | −$81,065 |
| Net change in fund balance | $65,867* | $172,061* | $338,874 |
| Fund balance, Dec 31, 2024 | — | — | $2,773,494 |
*The column placement of the two budget net-change figures ($65,867 / $172,061) is garbled in the indexed text of the report; the Actual net change of $338,874 is confirmed by the fund-balance roll-forward above. Budget comparison totals are as printed in the audited report — the extracted Original/Final budget revenue line items differ from the printed column totals by exactly $7,993 in opposite directions, so line-level budget detail is withheld pending re-verification (Caveat C6). Budget expenditure columns foot exactly: Original $663,238 + $99,487 + $1,193,363 + $885,537 + $79,951 + $342,323 = $3,263,899; Final $628,237 + $109,623 + $1,193,363 + $525,061 + $79,950 + $362,523 = $2,898,757.
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), General Fund — Statement of Revenues, Expenditures and Changes in Fund Balance — Budget and Actual, p. 10. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
Total: $2,779,942 (audited actual, FY2024).
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), pp. 8 and 10. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
From the Statement of Net Position (p. 4) and Statement of Activities (p. 5). Government-wide figures use full accrual accounting; they differ from the fund-basis figures above and are not interchangeable (Caveat C4).
| Governmental activities | Business-type activities | Total primary government | |
|---|---|---|---|
| Total assets | $18,736,578 | $29,067,234 | $47,803,812 |
| Total liabilities | $1,600,619 | $9,634,975 | $11,235,594 |
| Total net position | $16,998,648 | $19,345,311 | $36,343,959 |
| Change in net position, FY2024 | +$3,597,085 | +$1,038,933 | +$4,636,018 |
Proof: assets $47,803,812 + deferred outflows $64,883 − liabilities $11,235,594 − deferred inflows $289,142 = net position $36,343,959. Component unit — the Springfield Downtown Development Authority reports total assets of $433,410 and total net position of $397,784; it is not included in the primary-government totals above.
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), Statement of Net Position, p. 4, and Statement of Activities, p. 5. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
| Governmental activities | Amount |
|---|---|
| Net investment in capital assets | $9,362,961 |
| Restricted for capital projects | $4,939,106 |
| Restricted for public safety | $119,354 |
| Restricted for streets | $97,387 |
| Restricted for other | $1,833 |
| Unrestricted | $2,478,007 |
| Total net position — governmental | $16,998,648 |
| Business-type activities | Amount |
|---|---|
| Net investment in capital assets | $11,374,006 |
| Restricted for debt service | $1,101,393 |
| Restricted for capital projects | $612 |
| Unrestricted | $6,869,300 |
| Total net position — business-type | $19,345,311 |
The governmental “Restricted for streets” line ($97,387) is corroborated by the Note 7 fund-balance detail; the line is compressed in the report’s Statement of Net Position as extracted.
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), p. 4 and Note 7, p. 27. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
| Function | Expenses | Charges for services |
|---|---|---|
| General government | $580,257 | $72,240 |
| Judicial — municipal court | $102,901 | $0 |
| Public safety | $1,054,155 | $289,740 |
| Public works | $574,950 | $0 |
| Community development | $83,185 | $96,323 |
| Culture and recreation | $342,185 | $0 |
| Total governmental activities | $2,737,633 | $458,303 |
Public works also received $3,492,265 in capital grants and contributions — the driver of the governmental activities’ +$3,597,085 change in net position. General revenues (governmental, accrual basis): property taxes $882,142; sales taxes $858,792; insurance premium tax $258,269; franchise taxes $273,872; other taxes $184,673 (tax subtotal $2,457,748); plus interest $2,105, gain on sale of capital assets $23,935, other $80,937, and transfers in $180,575. Basis warning: these accrual-basis figures differ from the fund-basis figures in the sections above and must not be interchanged — property taxes are $882,142 here vs. $876,293 on the fund basis; the $5,849 difference is the change in unavailable property-tax revenue, explained in the audit’s reconciliation (p. 9). See Caveat C4.
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), Statement of Activities, p. 5. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
The city’s business-type activities are three proprietary funds: Water & Sewer, Sanitation, and Arts & Events (the Mars Theatre). Arts & Events operated at a loss in FY2024, partly covered by a General Fund transfer.
| Water & Sewer | Sanitation | Arts & Events | Total business-type | |
|---|---|---|---|---|
| Operating revenues | $3,680,233 | $198,653 | $280,209 | $4,159,095 |
| Operating expenses | $2,975,167 | $153,076 | $460,942 | $3,589,185 |
| Operating income (loss) | $705,066 | $45,577 | −$180,733 | $569,910 |
| Net position, Dec 31, 2024 | $17,836,545 | $256,959 | $1,251,807 | $19,345,311 |
Center line is zero; scale ±$800,000. Total business-type operating income: $569,910.
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), Statement of Revenues, Expenses and Changes in Fund Net Position — Proprietary Funds, p. 13; Statement of Net Position — Proprietary Funds, p. 12. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
| Revenue | Amount |
|---|---|
| Water and sewer sales | $2,712,019 |
| Impact fees | $886,408 |
| Late chargesWater & Sewer $81,806 + Sanitation $11 | $81,817 |
| Sanitation fees | $198,642 |
| Theater income (Arts & Events) | $256,979 |
| Other income (Arts & Events) | $23,230 |
| Total operating revenues | $4,159,095 |
Water & Sewer detail: sales $2,712,019 + impact fees $886,408 + late charges $81,806 = $3,680,233. Nonoperating items (business-type total): proceeds from settlement (Water & Sewer) $442,888; interest income $13,798; interest expense −$291,490; net $165,196. After capital contributions of $123,252 (Water & Sewer) and transfers in of $180,575 ($105,000 General Fund → Arts & Events / Mars Theatre; $75,575 SPLOST → Water & Sewer), the total business-type change in net position was +$1,038,933 (Water & Sewer +$1,068,868; Sanitation +$45,779; Arts & Events −$75,714).
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), p. 13. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
| Item | Amount |
|---|---|
| Premiums | $298,046 |
| Operating expensesContractual services $155,027 + claims $125,746 | $280,773 |
| Operating income | $17,273 |
| Change in net position (incl. interest of $2,165) | +$19,438 |
| Net position, Dec 31, 2024 | $72,405 |
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), proprietary fund statements, pp. 12–13. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
How the $7,617,046 of governmental fund balances is classified, per Note 7 of the audit (p. 27) and the governmental funds balance sheet (p. 6). Most of the total is restricted — chiefly sales-tax capital project money that cannot be spent on general operations.
| Classification | Amount |
|---|---|
| Nonspendable — prepaid items | $51,213 |
| Restricted — capital projectsTSPLOST $3,257,959 + SPLOST $1,583,760 | $4,841,719 |
| Restricted — police | $119,354 |
| Restricted — streets | $97,387 |
| Restricted — pandemic relief (ARPA) | $1,833 |
| Unassigned (General Fund) | $2,505,540 |
| Total governmental fund balances | $7,617,046 |
Restricted classifications subtotal $5,060,293. General Fund balance proof: $51,213 + $119,354 + $97,387 + $2,505,540 = $2,773,494.
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), Note 7, p. 27, and Balance Sheet — Governmental Funds, p. 6. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
The city’s only bonded debt is water & sewer revenue debt (Note 10, pp. 30–31). There are no general obligation bonds; governmental activities report no long-term debt other than compensated absences.
| Item | Amount / terms |
|---|---|
| Revenue bonds payable — current portion | $520,980 |
| Revenue bonds payable — long-term portion | $8,295,546 |
| Revenue bonds payable — total outstanding | $8,816,526 |
| Annual debt service (each year 2025–2029) | $805,992 |
| Total remaining debt servicePrincipal $8,816,526 + interest $2,467,362 | $11,283,888 |
| Compensated absences — governmental | $64,447 |
| Compensated absences — business-type | $20,546 |
Bond issues (Note 10): (1) Water and Sewer Refunding and Improvement Revenue Bond, Series 2020 — issued 2020, $5,486,000, interest rate 1.44%; it refunded the Series 2012 bonds and funded water/sewer improvements. (2) Water and Sewer Revenue Bond, Series 2023 — issued 2023, $5,108,675, interest rate 4.73%, for real property and water/sewer extensions and improvements. Both issues are secured by a lien on water and sewer system revenues; principal and interest are payable semiannually on March 1 and September 1. Note 10’s heading reads “Series 2021” while its text describes the Series 2020 issue — this page follows the body text (Caveat C5).
| Period | Principal | Interest |
|---|---|---|
| 2025 | $520,980 | $285,012 |
| 2026 | $534,880 | $271,112 |
| 2027 | $549,285 | $256,707 |
| 2028 | $564,218 | $241,774 |
| 2029 | $579,702 | $226,290 |
| 2030–2034 | $3,151,778 | $878,182 |
| 2035–2038 | $2,915,683 | $308,284 |
| Total | $8,816,526 | $2,467,362* |
*The extracted interest rows above sum to $2,467,361, $1 less than the printed interest total of $2,467,362; principal ($8,816,526) and total debt service ($11,283,888) foot exactly. Treated as a rounding/extraction difference; printed totals are used (Caveat C7).
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), Note 10, pp. 30–31, and Note 11, p. 31. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
Supplementary information, audited in relation to the basic financial statements (pp. 41–42). Current-year (FY2024) SPLOST expenditures totaled $812,862: 2012 SPLOST $0 + 2017 SPLOST $727,107 + 2021 SPLOST $85,755.
| 2017 SPLOST — FY2024 detail | Amount |
|---|---|
| Roads, streets and bridges | $634,831 |
| Public buildings | $9,925 |
| Recreation | $6,776 |
| Water and sewer | $75,575 |
| Total 2017 SPLOST, FY2024 | $727,107 |
2021 SPLOST, FY2024: streets and drainage $85,755. TSPLOST street improvements: $1,792,542 expended through December 31, 2024, of a $2,475,000 estimated cost (72%) — prior years $1,311,745 + current year $480,797.
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia (audited), SPLOST/TSPLOST project schedules (supplementary information), pp. 41–42. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
| Fiscal year | Water customers | Sewer customers |
|---|---|---|
| FY2024 | 2,702 | 2,567 |
| FY2023 | 2,527 | 2,413 |
Other information (unaudited disclosure statement) — from the continual disclosure statement for Bond Series 2020 (pp. 43–44); not covered by the audit opinion. The statement’s historical daily water-production table is not reproduced here (Caveat C8).
Source: Annual Financial Report, Year Ended December 31, 2024 — City of Springfield, Georgia, continual disclosure statement for Bond Series 2020 (other information), pp. 43–44. ted.cviog.uga.edu — city-springfield-fy2024-financial-report.pdf
| Category | Amount |
|---|---|
| Taxes | $2,634,068.13 |
| Licenses & permits | $148,655.00 |
| Subdivision & zoning fees | $15,000.00 |
| Police fines & fees | $289,273.61 |
| Grant revenue | $196,990.94 |
| Other revenue | $65,250.00 |
| Prior year reserves | −$83,447.83 |
| Total General Fund revenue | $3,265,789.85 |
Source: 2025 Budget Summary for Public Review (Unapproved) — City of Springfield, Georgia, budget workshop summary dated September 24, 2024 (FY2025, Unapproved summary). springfieldga.org — 2025-Budget-Summary-for-Public-Review-Unapproved-1.pdf
| Department | Amount |
|---|---|
| Interfund transfer out — Arts & Events Fund | $130,000.00 |
| Administration | $247,954.92 |
| Police | $1,156,900.63 |
| Court | $123,330.68 |
| Streets & Lanes | $634,677.31 |
| Parks | $90,751.51 |
| City Buildings | $41,445.71 |
| Economic Development | $130,000.00 |
| General Government | $436,411.23 |
| Community Development | $274,317.87 |
| Total General Fund expenditures | $3,265,789.86 |
The unapproved summary’s own printed expenditure total ($3,265,789.86) is $0.01 more than its printed revenue total ($3,265,789.85), while the document shows a total net of −$0.00. Both totals are reproduced exactly as printed (Caveat C3).
Source: 2025 Budget Summary for Public Review (Unapproved) — City of Springfield, Georgia, budget workshop summary dated September 24, 2024 (FY2025, Unapproved summary). springfieldga.org — 2025-Budget-Summary-for-Public-Review-Unapproved-1.pdf
| Fund | Revenues | Expenditures |
|---|---|---|
| ARPA Fund | $0.00 | $0.00 |
| SPLOST FundRevenues: special sales tax $592,445.89 + interest $1,500.00 + prior-year reserves $1,106,054.11. Expenditures: City Buildings $500,000 + Water/Sewer $750,000 + Streets & Lanes $450,000. | $1,700,000.00 | $1,700,000.00 |
| TSPLOST FundRevenues: prior-year bond proceeds $1,198,000.00 + interest $2,000.00. Expenditures: Streets & Lanes. | $1,200,000.00 | $1,200,000.00 |
| Water/Sewer FundRevenues: water fees $1,367,320.16 + sewer fees $1,438,139.34 + water impact fees $187,500.00 + sewer impact fees $412,500.00 + other fees $92,941.00. Expenditures: W/S Administration $961,156.09 + Water $759,839.95 + Sewer $459,801.47 + WWTP $1,729,243.12 + W/S Capital $905,992.00, including the revenue bond annual payment of $805,992.00. Printed net: −$1,317,632.13. | $3,498,400.50 | $4,816,032.63 |
| Sanitation FundRevenues: fees $203,000.00 + interest $200.00. Expenditures: waste services. Printed net: +$33,200.00. | $203,200.00 | $170,000.00 |
| Arts & Events Fund (Mars Theatre)Revenues include a $130,000.00 interfund transfer in from the General Fund. | $375,865.63 | $375,865.63 |
| Health Benefit Trust FundExpenditures: administrative fees $41,184.40 + stop loss $130,927.30. Printed net: +$147,571.32. | $319,683.02 | $172,111.70 |
| All funds — computed totalComputed by adding the fund rows above; the document prints no all-funds total. | $10,562,939.00 | $11,699,799.82 |
Notes printed in the unapproved summary: water/sewer impact-fee revenue was expected to fall sharply as development slowed until capacity issues were resolved; the WWTP line includes roughly $930,000 (about one-third of the anticipated T&H engineering cost) for the first year of a WWTP upgrade, with a possible future WWTP upgrade bond not yet factored in; and the document states that 2023 unrestricted funds totaled $6,222,188 and that sufficient unrestricted funds existed to support the 2025 Water/Sewer revenue shortage. Do not use this document’s “FY-2024” columns as actuals — it was prepared in September 2024, before FY2024 ended; those columns are budget figures on a reorganized basis and are superseded by the audited actuals above (Caveat C2).
Source: 2025 Budget Summary for Public Review (Unapproved) — City of Springfield, Georgia, budget workshop summary dated September 24, 2024 (FY2025, Unapproved summary). springfieldga.org — 2025-Budget-Summary-for-Public-Review-Unapproved-1.pdf
These twelve notes are part of the record for this dashboard. They explain what is — and is not — published for the City of Springfield, and where the source documents themselves disagree.