2019 Comprehensive Annual Financial Report (CAFR)

-3-

City of Greensboro Statement of Net Position

Exhibit A-1 Page 1 of 2

June 30, 2019

Primary Government

Governmental

Business-Type

Component

ASSETS

Activities

Activities

Total

Units

Cash and Cash Equivalents/Investments

$ 149,607,861

$

80,553,554

$

230,161,415

$

4,803,965

Receivables, Net Taxes

3,976,188 30,662,841

407,749

4,383,937 53,491,250 35,995,221 1,871,888 6,013

Accounts, Notes and Mortgages

22,828,409

14,040

Assessments

6,013

Intergovernmental

30,326,653

5,668,568 1,164,104

67,999

Interest

707,784 736,384

Real Estate Foreclosed

736,384

Internal Balances

(7,242,651) 1,147,643 2,052,398

7,242,651

Due from Component Unit

1,147,643 6,700,817

Inventories

4,648,419

3,451,751

Miscellaneous

479,097 695,180

349,196

828,293 695,180

105,919

Assets Held for Resale

5,347,601

Self-Funded Retention Deposits Long-Term Note Receivable

16,755,003

16,755,003 9,277,720

9,277,720

2,275,961

Restricted Assets: Temporarily Restricted: Cash and Cash Equivalents/Investments

97,075,004

93,488,883

190,563,887

Receivables, (Net): Accounts, Notes and Mortgages

448,964

6,000

454,964 520,239

Assessments

520,239

Intergovernmental

4,213,000

4,213,000

Interest

329,103

329,103

Permanently Restricted: Cash and Cash Equivalents/Investments

2,527,236

2,527,236

Capital Assets, Net Non-Depreciable: Land

101,581,077 15,620,930

62,150,583 178,863,571 25,049,277 51,033,494 (26,357,784) 400,993,301 (171,440,885) 9,993,438 (5,941,491) 109,432,241 (56,625,312) 747,673,752 (350,203,550) 97,100,876 (21,366,283) 1,281,052,823

163,731,660 194,484,501 25,049,277 97,279,229 (50,144,769) 594,302,228 (263,020,569) 10,087,438 (5,953,241) 291,771,476 (179,026,542) 1,096,960,191 (512,526,601) 101,269,811 (25,522,639) 2,099,400,643

4,179,181

Construction in Progress Intangible Assets - Easements

Depreciable: Land Improvements

46,245,735 (23,786,985) 193,308,927 (91,579,684)

Accumulated Depreciation

Buildings

6,586,277 (1,351,066) 521,205 (478,806) 2,814,199 (2,224,494)

Accumulated Depreciation

Improvements Other than Buildings

94,000

Accumulated Depreciation

(11,750)

Furniture, Fixtures, Machinery and Equipment

182,339,235 (122,401,230) 349,286,439 (162,323,051) 4,168,935 (4,156,356) 818,347,820

Accumulated Depreciation

Infrastructure

Accumulated Depreciation

Intangible Assets

Accumulated Amortization

Total Assets

26,113,732

DEFERRED OUTFLOWS OF RESOURCES Unamortized Bond Refunding Charges

791,278

3,253,360 5,379,943 2,147,347 1,065,478

4,044,638 34,336,855 14,558,276 5,983,190

Pension Deferrals

28,956,912 12,410,929 4,917,712

471,697 196,895

Current Year Pension Contributions

OPEB Deferrals

Accumulated Decrease in Fair Value of Hedging Derivatives

52,895

52,895

Total Deferred Outflows of Resources

47,129,726

11,846,128

58,975,854

668,592

The notes to the financial statements are an integral part of this statement.