2021 Annual Comprehensive Financial Report

-3- Exhibit A-1 Page 1 of 2

City of Greensboro Statement of Net Position June 30, 2021

Primary Government

Governmental

Business-Type

Component

ASSETS

Activities

Activities

Total

Units

$

278,054,647

$

4,400,538

Cash and Cash Equivalents/Investments

187,054,053 $

$

91,000,594

Receivables, Net Taxes

3,273,669 38,257,258

295,326

3,568,995 57,312,546

Accounts, Notes and Mortgages

19,055,288

14,966

Assessments

3,939

3,939

Intergovernmental

41,025,107

1,470,604 753,328

42,495,711

101,514

896,099 888,027

Interest

142,771 888,027

Real Estate Foreclosed

Internal Balances

(8,720,182) 1,784,037 2,352,227

8,720,182

Due from Component Unit

1,784,037 7,144,445 984,326 695,180 16,413,321 7,816,674

Inventories

4,792,218 897,645

5,296,329 110,385 5,057,923

Miscellaneous

86,681 695,180

Assets Held for Resale

Self-Funded Retention Deposits Long-Term Note Receivable

16,413,321

7,816,674

2,016,461

Restricted Assets:

Temporarily Restricted: Cash and Cash Equivalents/Investments

80,260,054

128,861,343

209,121,397

87,056

Receivables, (Net): Accounts, Notes and Mortgages Assessments

465,116 2,354,721

465,116 2,354,721

Intergovernmental

Interest

67,191

67,191

Permanently Restricted: Cash and Cash Equivalents/Investments

2,613,495

2,613,495

Capital Assets, Net Non-Depreciable: Land

4,179,181

116,939,018 25,213,006

61,951,404 146,006,539 26,622,952

178,890,422 171,219,545 26,622,952

Construction in Progress Intangible Assets - Easements

Depreciable:

Land Improvements

52,042,290 (27,944,795) 209,252,795 (100,255,263) 207,567,843 (146,000,447) 408,184,252 (178,468,289) 4,474,490 (4,094,662) 933,117,425 94,000 (16,450)

52,590,730 (29,897,197) 532,288,792 (201,360,049) 31,682,873 (6,969,386) 126,008,531 (67,935,986) 801,754,964 (384,668,576) 99,060,741 (25,368,007) 1,428,318,555

104,633,020 (57,841,992) 741,541,587 (301,615,312) 31,776,873 (6,985,836) 333,576,374 (213,936,433) 1,209,939,216 (563,136,865) 103,535,231 (29,462,669) 2,361,435,980

Accumulated Depreciation

7,760,835 (1,705,776) 530,273 (518,336) 3,234,706 (2,734,049)

Buildings

Accumulated Depreciation

Improvements Other than Buildings

Accumulated Depreciation

Furniture, Fixtures, Machinery and Equipment

Accumulated Depreciation

Infrastructure

Accumulated Depreciation

Intangible Assets

Accumulated Amortization

Total Assets

27,832,006

DEFERRED OUTFLOWS OF RESOURCES Unamortized Bond Refunding Charges

2,756,958 36,365,618 19,295,825 14,304,453 72,722,854

707,031

2,049,927 5,027,290 2,971,799 2,672,295 12,721,311

471,692 250,142 125,766 847,600

Pension Deferrals

31,338,328 16,324,026 11,632,158 60,001,543

Current Year Pension Contributions

OPEB Deferrals

Total Deferred Outflows of Resources

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