2020 Comprehensive Annual Financial Report

-5- Exhibit A-2 Page 1 of 2

City of Greensboro

Statement of Activities For the Fiscal Year Ended June 30, 2020

Program Revenues Operating Grants and Contributions

Capital Grants and Contributions

Charges for Services

Expenses

Functions/Programs Primary Government: Governmental Activities: General Government

$

27,958,495 157,912,517 27,749,651 15,737,778 38,896,306 37,732,387 6,095,644 8,253,264 11,160,574 24,522

$

9,708,787 6,369,337 1,992,915 4,304,895 7,475,799 682,549 4,576,234 118,349

$

17,380 1,994,067 1,833,048 7,322,620 265,774 1,925,176 5,549,793 4,633,255

$

1,433,459 16,378,119

Public Safety Transportation Engineering and Building Maintenance Field Operations Environmental Services Culture and Recreation Neighborhood Development Economic Opportunity Interest, Fees on Long-Term Debt Business-Type Activities: Water Operations Sewer Operations Stormwater Management Coliseum Operations Solid Waste Management Greensboro Transit Advisory Commission Parking Facilities Total Governmental Activities

1,925,800

31,749

331,521,138

35,260,614

23,541,113

19,737,378

56,265,333 51,831,233 10,570,698 45,529,269 14,481,292 28,576,213 2,532,664

58,896,069 63,582,176 10,163,516 30,867,027 12,240,582 2,412,658 3,302,276

1,928,328 1,928,328 31,476,360 13,426,698

4,537,870

Total Business-Type Activities

209,786,702

181,464,304

4,537,870

48,759,714

Total Primary Government

$ 541,307,840

$ 216,724,918

$

28,078,983

$

68,497,092

Component Units: Greensboro Housing Dev. Partnership Greensboro Redevelopment Commission Greensboro ABC Board

$

10,528 781,341 44,045,021

$

$

$

762,648

44,756,481

Total Component Units

$

44,836,890

$

44,756,481

$

762,648

$

General Revenues: Property Tax

Local Option Sales Tax Vehicle Gross Receipts Tax Motor Vehicle Tax Hotel/Motel Occupancy Tax Electric Utility Sales Tax

Piped Natural Gas Sales Tax Telecommunications Sales Tax Beer and Wine Tax Payment in Lieu of Taxes ABC Profit Distribution-unrestricted Intergovernmental - unrestricted Investment Income Gain on Sale of Capital Assets Miscellaneous Total General Revenues Transfers In (Out) Total General Revenues Including Transfers Change in Net Position

Net Position - July 1 Net Position - June 30

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