2020 Comprehensive Annual Financial Report

-18- Exhibit A-7 Page 7 of 8

General Fund

Statement of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended June 30, 2020

Variance with Final Budget-

Original Budget

Final

Positive

Budget

Actual

(Negative)

Library:

Administration Main Library

$

2,918,164 2,016,947

$

2,918,164 2,012,447 932,048 409,615 447,889 498,161 487,791 413,416 666,886 565,502 967,633 30,000 45,000 20,000 15,000 85,000 37,000 75,000 11,000 33,500 424,972 1,085,000 193,985 2,055,457 10,325,615 6,063

$

2,378,612 1,957,218 774,311 366,093 407,851 463,456 470,639 339,582 640,659 435,550 852,236 30,000 22,500 5,000 7,500 42,500 17,739 37,500 15,509 33,008 354,591 1,085,000 189,746 1,849,343 9,091,660 8,750 5,453

$

539,552 55,229 157,737 43,522 40,038 34,705 17,152 73,834 26,227 129,952 115,397 610

Extension Services Collection Inventory Benjamin Branch Library Northeast Branch Library Hemphill Branch Library Glenwood Branch Library Vance H. Chavis Branch Library Kathleen Clay Edwards Branch Library

6,063

932,048 393,047 408,387 486,414 464,456 394,850 617,979 529,620 986,733

McGirt-Horton Branch Library

Historical Museum

Total Library

10,154,708

1,233,955

Other Culture and Recreation: Triad Stage

Reading Connections Eastern Music Festival

22,500 15,000 7,500 42,500 19,261 37,500 (4,509) 70,381 (8,750) 492

Carolina Theatre

Greensboro Science Center Greensboro Sports Commission

1,085,000

Fun Fourth - Grassroots Children's Museum Greensboro Jaycees

37,000

11,000 33,500 424,972

Festival of Lights

Downtown Greensboro Parks, Inc. Piedmont Triad Film Commission

Public Access - GCTV

193,985 1,785,457

4,239

Total Other Culture and Recreation

206,114

Total Culture and Recreation

30,750,615

31,293,854

28,815,526

2,478,328

Neighborhood Development Sanctuary House

12,500 120,000

50,000 120,000 25,000 25,000 220,000

25,000 116,537 6,250 25,000 172,787

25,000 3,463 18,750

Greensboro Housing Authority

Triad Local First

Downtown Greensboro, Inc.

Total Neighborhood Development

132,500

47,213

Economic Opportunity:

Economic Development Chamber of Commerce

1,011,450 139,358 1,150,808

1,011,450 139,358 1,150,808

664,528 140,863 805,391

346,922

(1,505)

Total Economic Opportunity

345,417

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