| Cover | Cover1 |
| Title Page | Title Page1 |
| Table of Contents | TOC1 |
| Introductory Section | I |
| Transmittal Letter | I |
| Certificate of Achievement | XXVI |
| City of Greensboro Organizational Chart | XXVII |
| City Council | XXVIII |
| Financial Section | 1a |
| Report of Independent Auditor | 1a |
| Management's Dicussion and Analysis | 2a |
| Basic Financial Statements | 3 |
| I. Government-Wide Financial Statements | 3 |
| Statement of Net Position A-1 | 3 |
| Statement of Activities A-2 | 5 |
| II. Fund Financial Statements | 7 |
| Balance Sheet Government Funds A-3 | 7 |
| Reconciliation of the Balance Sheet of Governement Funds A-4 | 8 |
| Statement of Revenues, Expenditures and Changes in Fund Balances A-5 | 9 |
| Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Government Funds A-6 2021 | 10 |
| Statement of Revenues, Expenditures, and Changes in Fund Balances - Budget to Actual - General Fund A-7 | 12 |
| Statement of Net Position - Proprietary A-8 | 20 |
| Reconciliation of the Statement of Net Position-Proprietary Funds To the Statement of Net Position A-9 | 24 |
| Statement of Revenues, Expenses and Changes in Net Position Proprietary Funds A-10 | 25 |
| Reconciliation of the Statement of Revevues, Expenses and Changes in Net Position-Proprietary Funds A-11 | 27 |
| Statement of Cash Flows Proprietary Funds A-12 | 28 |
| Statements of Fiduciary Net Position-Fiduciary Funds A-13 | 32 |
| Statement of Changes in Fiduciary Net Position-Fuduciary Funds A-14 | 33 |
| Statement of Net Position-Component Units A-15 | 34 |
| Statement of Activities-Component Units A-16 | 35 |
| III. Notes to the Financial Statements | 37a |
| Required Supplementary Information | 38 |
| Law Enforcement Officers' Special Separation Allowance (LEOSSA) Pension Benefit Trust | 38 |
| Schedule of Change in Net Pension Liability and Related Ratios Schedule 1 | 38 |
| Schedule of Employer Contributions Schedule 2 | 40 |
| Schedule of Investment Returns LEOSSA Schedule 3 | 42 |
| Other Postemployment Benefit Plan (OPEB) Trust | 43 |
| Schedule of Changes in Net OPEB Liability and Related Ratios Schedule 4 | 43 |
| Schedule of Employers Contributions-OPEB Schedule 5 | 45 |
| Schedule of Investment Returns-OPEB Schedule 6 | 47 |
| Local Government Employees' Retirement System | 48 |
| Employer's Proportionate Share of Net Pension Liability (Asset) Schedule 7 | 48 |
| Combining and Individual Fund Statements and Schedules | 50 |
| Combining Balance Sheet Nonmajor Governmental Funds | 50 |
| Governmental Fund Schedule 8 | 50 |
| Special Revenue Funds Schedule 9 | 51 |
| Capital Projects Funds Schedule 10 | 54 |
| Combining Statement of Revenues, Expenditures, and
Changes in Fund Balances - Nonmajor Funds | 59 |
| Government Funds Schedule 11 | 59 |
| Special Revenue Funds Schedule 12 | 60 |
| Capital Projects Funds Schedule 13 | 63 |
| Schedule of Changes in Long-Term Debt and Water Resources Capital Assets | 68 |
| Enterprise Funds Schedule 14 | 68 |
| Schedules of Revenues, Expenditures, and Changes in
Fund Balance - Budget and Actual | 69 |
| Special Revenue Funds | 69 |
| State Highway Allocation Schedule 15 | 71 |
| Cemetery Schedule 16 | 72 |
| Hotel/Motel Occupancy Tax Schedule 17 | 73 |
| Economic Development Schedule 18 | 74 |
| Special Tax Districts Schedule 19 | 75 |
| Housing Partnership Revolving Schedule 20 | 76 |
| Community Development Schedule 21 | 77 |
| HOME Program Schedule 22 | 79 |
| Workforce Investment Act Schedule 23 | 80 |
| State and Federal Grants Schedule 24 | 81 |
| State and Federal Grants (ARRA) Schedule 25 | 85 |
| American Rescue Plan Act (ARPA/SLFRF) Fund Schedule 26 | 86 |
| Emergency Telephone System Fund Schedule 27 | 87 |
| Debt Service Fund | 89 |
| Debit Service Fund Schedule 28 | 89 |
| Capital Projects Fund | 90 |
| Street and Sidewalk Schedule 29 | 91 |
| State Highway Allocation Schedule 30 | 92 |
| General Capital Improvements Schedule 31 | 93 |
| General Capital Improvements II Schedule 32 | 94 |
| Neighborhood Redevelopment Bond-Series 2005 and 2006A Schedule 33 | 95 |
| Library Facilities Bond-Series 2008 Schedule 34 | 96 |
| Historical Museum Bond-Series 2008 Schedule 35 | 97 |
| Parks and Recreation Bond-Series 2008 Schedule 36 | 98 |
| Economic Development Bond-2008 Schedule 37 | 99 |
| Fire Station Bond-Series 2008 Schedule 38 | 100 |
| War Memorial Stadium Bond-Series2008 Schedule 39 | 101 |
| Street Improvements Bond-Series 2010 Schedule 40 | 102 |
| Parks and Recreation Bond-Series 2010 Schedule 41 | 103 |
| Housing Bond-Series 2010 Schedule 42 | 104 |
| Greensboro Science Center Bond-Series 2010 Schedule 43 | 105 |
| Transportation Bond-Series 2016 Schedule 44 | 106 |
| Parks and Recreation Bond-Series 2016 Schedule 45 | 107 |
| Housing Bond-Series 2016 Schedule 46 | 108 |
| Community & Economic Development Bond-Series 2016 Schedule 47 | 109 |
| Fire Station Bond-Series 2019 Schedule 48 | 110 |
| Perpetual Care Fund | 111 |
| Enterprise Funds | 113 |
| Schedules of Revenues and Expenses-Budget and Actual (Non-GAAP) | 113 |
| Water Resources Schedule 49 | 114 |
| Water Resources Bond-Series 2014 Schedule 50 | 116 |
| Water Resources Bond Fund-2018 Schedule 51 | 117 |
| Guilford County Construction Project Schedule 52 | 118 |
| Water Resources Captial Improvement Schedule 53 | 119 |
| Water Resources Extension Project Schedule 54 | 120 |
| Water Resources Bond Fund- Series 2022 Schedule 55 | 121 |
| Stormwater Management Schedule 56 | 122 |
| Stormwater Capital Improvement Schedule 57 | 124 |
| Coliseum Schedule 58 | 125 |
| Performing Arts Fund Schedule 59 | 127 |
| Performing Arts Center Capital Project Schedule 60 | 129 |
| Colisum Capital Improvement Bond Schedule 61 | 130 |
| Coliseum Capital Improvement Schedule 62 | 131 |
| Solid Waste Management Schedule 63 | 132 |
| Solid Waste Capital Improvement Schedule 64 | 134 |
| Greensboro Transit Advisory Commission Schedule 65 | 135 |
| Greensboro Transit Advisory Commission Grant Fund Schedule 66 | 137 |
| Parking Facilities Schedule 67 | 138 |
| Parking Facilities Capital Project Schedule 68 | 140 |
| Parking Facilities Bond Schedule 69 | 141 |
| Internal Service Funds | 142 |
| Combining Statement of Net Position Schedule 70 | 143 |
| Combining Statement of Revenues, Expenses and Changes in Net Position Schedule 71 | 145 |
| Combining Statement of Cash Flows Schedule 72 | 147 |
| Schedule of Changes in Long-Term Debt Schedule 73 | 149 |
| Schedule of Revenues, Expenses, and Changes in Fund Balance-Budget and Actual (Non-GAAP) | 150 |
| Equipment Service Schedule 74 | 151 |
| Technical Services Schedule 75 | 153 |
| Technical Services Capital Project Schedule 76 | 155 |
| Information Systems Schedule 77 | 156 |
| Graphic Services Schedule 78 | 158 |
| Guilford Metro Communications Schedule 79 | 160 |
| Employee Risk Retention Schedule 80 | 162 |
| General Risk Retention Schedule 81 | 164 |
| Capital Leasing Schedule 82 | 166 |
| Fiduciary Funds | 168 |
| Statement of Fiduciary Net Position - Fiduciary Funds Schedule 83 | 169 |
| Statement of Changes in Fiduciary Net Position - Fiduciary Funds Schedule 84 | 170 |
| General Capital and Debt Schedules | 171 |
| Schedule of General Capital Assets by Source Schedule 85 | 171 |
| Schedule of General Capital Assets by Function and Activity Schedule 86 | 172 |
| Schedule of Changes in General Capital Assets by Function and Activity Schedule 87 | 174 |
| Schedule of Long-Term Debt - at Par Schedule 88 | 176 |
| Schedule of Changes in General Long-Term Debt Schedule 89 | 178 |
| Statistical Section (unaudited) | 180 |
| I. Financial Trends | 181 |
| Net Position by Component Table I | 181 |
| Changes in Net Position, Expenses, Program Revenues, and Net (Expenses)/Revenue Table II | 183 |
| Changes in Net Position, General Revenues and Total Changes in Net Position Table III | 185 |
| Fund Balances, Governmental Funds Table IV | 187 |
| Changes in Fund Balances, Governmental Funds Table V | 189 |
| II. Revenue Capacity | 191 |
| Tax Revenues by Source, Governmental Funds Table VI | 191 |
| Schedule of Ad Valorem Taxes Receivable Table VII | 192 |
| Analysis of Current Tax Levy Table VIII | 193 |
| Assessment Value and Estimated Actual Value of All Taxable Property Table IX | 194 |
| Direct and Overlapping Property Tax Rates Table X | 196 |
| Principal Property Taxpayers Table XI | 197 |
| Property Tax Levies and Collections Table XII | 199 |
| III. Debt Capacity | 201 |
| Ratios of Outstanding Debt by Type Table XIII | 201 |
| Ratio of Net General Obligation Bonded Debt Table XIV | 203 |
| Computation of Direct and Overlapping Governmental Activities Debt Table XV | 205 |
| Legal Debt Margin Information Table XVI | 206 |
| Pledged Revenue Coverage Table XVII | 208 |
| IV. Demographic and Economic Information | 210 |
| Demographic and Economic Statistics Table XVIII | 210 |
| Principal Employers in the City and the Metropolitan Area Table XIX | 211 |
| Full-Time Equivalent City Government Employees by Function/Program Table XX | 213 |
| V. Operating Information | 214 |
| Operating Indicators by Function Table XXI | 214 |
| Capital Asset Statistics by Function Table XXII | 216 |
| Single Audit Section | 218 |
| Report of Independent Auditor on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards | 219 |
| Report of Independent Auditor on Compliance for Each Major Federal Program and on Internal Control over Compliance in Accordance with OMB Uniform Guidance and the State Single Audit Implementation Act | 221 |
| Report of Independent Auditor on Compliance for Each Major State Program
and Internal Control over Compliance in Accordance with Uniform Guidance and the State Single Audit Implementation Act | 223 |
| Schedule of Findings and Questioned Costs | 225 |
| Corrective Action Plan | 228 |
| Summary Schedule of Prior Year Findings | 229 |
| Schedule of Expenditures of Federal Awards | 230 |
| Schedule of Expenditures of State Awards | 233 |
| Notes to the Schedule of Expenditures of State and Federal Awards | 234 |
| Back Page | 235 |