2021 Annual Comprehensive Financial Report

Table XV

Direct and Overlapping Governmental Activities Debt Fiscal Year Ended June 30, 2021

of Direct and Overlapping Estimated Share

Percent

Bonded Debt Outstanding (b)

Applicable To City (a)

Governmental Unit

Debt

Direct Debt - City of Greensboro

$

384,544,193

100.00%

$

384,544,193

Overlapping Debt- Guilford County General Improvement Bonds

642,676,462

54.43%

349,838,594

Total Direct and Overlapping Debt

1,027,220,655 $

$

734,382,787

(a) Percentage of Direct and Overlapping Debt is based on 6/30/21 Assessed Valuation of Guilford County as compared to the 6/30/21 Assessed Valuation of the City of Greensboro.

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

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