2019 Comprehensive Annual Financial Report (CAFR)

Table XIII Page 1 of 2

Ratio of Net General Obligation Bonded Debt To Assessed Value and Net General Obligation Debt Per Capita Fiscal Years Ended June 30, 2010-2019

General Bonded Debt Outstanding

Less Amount Available in Debt Service

Less Debt

Total

Fiscal Year Ended

General Obligation

Payable from

Net

Bonds/Notes

Water Resources

Bonded

Debt (d)

Fund

and Other Revenues(c)

Debt

2010

$ 170,955,000

$ 10,727,344

$

3,556,345

$ 156,671,311

2011

188,895,000

7,875,788

3,262,940

177,756,272

2012

183,699,738

7,237,496

3,142,172

173,320,070

2013

173,760,300

4,666,951

2,807,485

166,285,864

2014

171,399,682

4,902,876

2,462,193

164,034,613

2015

168,839,802

7,779,124

2,099,932

158,960,746

2016

173,007,017

10,694,605

1,719,996

160,592,416

2017

198,400,449

16,112,579

1,321,679

180,966,191

2018

214,067,836

22,943,898

903,566

190,220,372

2019

302,656,417

25,097,927

476,718

277,081,772

(a) Assessed valuation represents one hundred percent (100%) of estimated market value.

(b) Population for 2009-10 based on City of Greensboro's Planning Department estimates, 2010-11 through 2012-13 based on North Carolina Office of State Budget and Management, thereafter based on U.S. Census Bureau. (c) Includes payments from the City's Technical Service Fund, an Internal Service Fund, relating to the 800 MHZ system purchased with G.O. Bonds in 1998. Internal Service Funds are included with the governmental activities in the Statement of Net Position. As of June 30, 2010, there was no remaining general obligation debt outstanding for the Water Resources Enterprise Fund.

(d) Reported at par value outstanding prior to 2012 and net of related premiums, discounts and adjustments, thereafter.

Note: Details regarding the City's Outstanding Debt can be found in the Notes to the Financial Statements, pgs. 37y-37gg.

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