2019 Comprehensive Annual Financial Report (CAFR)

decrease largely attributable to the increase in General Obligation and Limited Obligation bond issuances in FY 2019. The City’s overall unrestricted cash levels increased by approximately $15.3 million as well to approximately $230.2 million. However, it should be noted that of the total reported “unrestricted” amount, only approximately $27.5 million is available and unobligated in the General Fund to provide working capital to finance day-to-day governmental activities and fund unforeseen circumstances in the future. Table A-1 City of Greensboro’s Net Position (In thousands of dollars)

Governmental

Business-Type

Activities

Activities

Total

% change 2018-2019

2019

2018

2019

2018

2019

2018

Current and Other Assets Capital Assets, Net

$ 329,962 $ 246,608 $ 230,698 $ 229,000 $ 560,660 $ 475,608

17.9% 11.4% 13.1%

488,386 818,348

474,273 720,881

1,050,355 1,281,053

906,384

1,538,741 2,099,401

1,380,657 1,856,265

Total Assets

1,135,384

Deferred Outflows of Resources

47,130

28,046

11,846

9,088

58,976

37,134

58.8%

Long-TermDebt Outstanding Other Liabilities

378,283 223,585 601,868

278,214 214,815 493,029

336,728 120,819 457,547

329,420 85,957 415,377

715,011 344,404 1,059,415

607,634 300,772 908,406

17.7% 14.5% 16.6%

Total Liabilities

Deferred Inflows of Resources

27,627

6,756

5,265

1,166

32,892

7,922

315.2%

Net Position

$ 235,983 $ 249,142 $ 830,087 $ 727,929 $ 1,066,070 $ 977,071

9.1%

Net Investment in Capital Assets Restricted Unrestricted Total Net Position

$

217,997 104,823 (86,837) 235,983

$

225,022 94,809 (70,689) 249,142

$ 721,374 75,828 32,885 $ 830,087

$ 611,259 82,237 34,433 $ 727,929

$ 939,371 180,651 (53,952) $ 1,066,070

$ 836,281 177,046 (36,256) $ 977,071

12.3% 2.0% 48.8% 9.1%

$

$

For more detailed information, see the Statement of Net Position on pages 3-4.

2h