2020 Comprehensive Annual Financial Report

Construction Commitments The City has construction commitments on capital projects at June 30, 2020 as follows:

Governmental Funds: Special Revenue

$

6,557,889 49,548,992 56,106,881

Capital Projects

Total Governmental Funds

Enterprise Funds:

Water Resources

61,530,237 1,430,801 2,151,232 28,222,783

Stormwater Management

Coliseum

Other Enterprise

Greensboro Transit Advisory Commission

53,030

Total Enterprise Funds

93,388,083

$

149,494,964

Activity for ABC Board for the year ended June 30, 2020, was as follows:

Beginning Balance

Decreases Ending Balance

Increases

Capital Assets, Non-depreciable: Land

$ 4,179,181 $

$

$ 4,179,181

Capital Assets, Depreciable: Buildings

6,586,277 521,205 2,814,199 9,921,681

371,914

6,958,191 521,205 3,024,815 10,504,211

Improvements Other Than Buildings

Furniture, Fixtures, Machinery and Equipment

210,616 582,530

Total Capital Assets, Depreciable

Less Accumulated Depreciation/Amortization for: Buildings

(1,351,066) (478,806) (2,224,494) (4,054,366)

(168,762) (19,893) (246,018) (434,673)

(1,519,828) (498,699) (2,470,512) (4,489,039)

Improvements Other Than Buildings

Furniture, Fixtures, Machinery and Equipment

Total Accumulated Depreciation

Total Capital Assets, Depreciable-Net

5,867,315

147,857

6,015,172

ABC Board Capital Assets, Net

$ 10,046,496 $ 147,857 $

$ 10,194,353

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