2019 Comprehensive Annual Financial Report (CAFR)

Table XIV

Direct and Overlapping Governmental Activities Debt Fiscal Year Ended June 30, 2019

Estimated Share of Direct and Overlapping

Percent

Bonded Debt Outstanding (b)

Applicable To City (a)

Governmental Unit

Debt

Direct Debt - City of Greensboro

$

359,273,119

100.00%

$

359,273,119

Overlapping Debt- Guilford County General Improvement Bonds

784,735,915

54.42%

427,053,285

Total Direct and Overlapping Debt

$ 1,144,009,034

$

786,326,404

(a) Percentage of Direct and Overlapping Debt is based on 6/30/19 Assessed Valuation of Guilford County as compared to the 6/30/19 Assessed Valuation of the City of Greensboro.

(b) Reported at par value outstanding, net of related premiums, discounts and adjustments.

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