2020 Comprehensive Annual Financial Report

Table XV

Direct and Overlapping Governmental Activities Debt Fiscal Year Ended June 30, 2020

Estimated Share of Direct and Overlapping Debt

Percent Applicable To City (a)

Bonded Debt Outstanding (b)

Governmental Unit

$

415,565,629

Direct Debt - City of Greensboro

$

415,565,629

100.00%

Overlapping Debt- Guilford County General Improvement Bonds

392,669,527

712,751,721

55.09%

Total Direct and Overlapping Debt

$ 1,128,317,350

$

808,235,156

(a) Percentage of Direct and Overlapping Debt is based on 6/30/20 Assessed Valuation of Guilford County as compared to the 6/30/20 Assessed Valuation of the City of Greensboro.

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

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