2021 Annual Comprehensive Financial Report

Construction Commitments The City has construction commitments on capital projects at June 30, 2021 as follows:

Governmental Funds: Special Revenue

$

4,255,587 27,592,053 31,847,640

Capital Projects

Total Governmental Funds

Enterprise Funds:

Water Resources

56,365,239

Stormwater Management

619,032 45,409

Coliseum

Other Enterprise

18,007,717

Greensboro Transit Advisory Commission

236,611

Total Enterprise Funds

75,274,008

$

107,121,648

Activity for ABC Board for the year ended June 30, 2021, was as follows:

Beginning Balance

Increases

Decreases Ending Balance

Capital Assets, Non-depreciable: Land

$

4,179,181

$

$

$

4,179,181

Capital Assets, Depreciable: Buildings

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

1,092,051

(289,407)

7,760,835 530,273 3,234,706 11,525,814

Improvements Other Than Buildings

9,068

Furniture, Fixtures, Machinery and Equipment

209,891 1,311,010

Total Capital Assets, Depreciable

(289,407)

Less Accumulated Depreciation/Amortization for: Buildings

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

(185,948) (19,637) (263,537) (469,122)

(1,705,776) (518,336) (2,734,049) (4,958,161)

Improvements Other Than Buildings

Furniture, Fixtures, Machinery and Equipment

Total Accumulated Depreciation

Total Capital Assets, Depreciable-Net

6,015,172

841,888

(289,407)

6,567,653

ABC Board Capital Assets, Net

10,194,353 $

$

841,888

$

(289,407)

10,746,834 $

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