2022 Annual Comprehensive Financial Report

-3 Exhibit A-1 Page 1 of 2

City of Greensboro Statement of Net Position June 30, 2022

Primary Government

Governmental

Business-Type

Component

ASSETS

Activities

Activities

Total

Units

Cash and Cash Equivalents/Investments

155,060,239 $

101,200,493 $

$

256,260,732

$

3,591,500

Receivables, Net Taxes

3,334,299 37,763,140

259,375

3,593,674 58,654,115 50,185,859 1,007,657 555

Accounts, Notes and Mortgages

20,890,975

9,563

Assessments

555

Intergovernmental

48,399,800

1,786,059 776,822 536,473

147,537

Interest Leases

230,835 322,058 999,353

858,531 999,353

Real Estate Foreclosed

Internal Balances

(9,455,009) 950,909 2,594,081 151,370 695,180 15,983,337

9,455,009

Due from Component Unit

950,909 8,538,046 911,382 695,180 15,983,337 6,988,959 13,082,685

Inventories

5,943,965 760,012

7,542,602 137,204 4,882,328

Miscellaneous

Assets Held for Resale

Self-Funded Retention Deposits

Note Receivable

6,988,959 7,117,135

1,824,211

Lease Receivable, Noncurrent

5,965,550

Restricted Assets:

Temporarily Restricted: Cash and Cash Equivalents/Investments

108,599,842

136,270,412

244,870,254

100,829

Receivables, (Net): Accounts, Notes and Mortgages

201,733 443,349

201,733 443,349

Assessments

Intergovernmental

5,785,501 118,926

5,785,501 118,926

Interest

Permanently Restricted: Cash and Cash Equivalents/Investments

2,652,090 21,461,029

2,652,090 21,921,283

Right to Use Leased Assets, Net of Accum. Amortization

460,254

1,655,512

Capital Assets, Net Non-Depreciable: Land

118,436,755 16,848,296

62,046,993 186,942,136 27,229,947

180,483,748 203,790,432 27,229,947

4,179,181

Construction in Progress Intangible Assets - Easements

Depreciable:

Land Improvements

57,168,264 (30,298,737) 226,039,325 (105,652,049) 179,083,568 (130,439,874) 420,981,281 (187,054,144) 4,915,004 (4,333,631) 961,477,916 94,000 (18,800)

53,702,768 (31,778,565) 544,364,735 (217,132,986) 31,682,873 (7,757,342) 130,677,236 (73,245,112) 823,424,247 (402,466,847) 100,155,098 (27,385,886) 1,499,454,747

110,871,032 (62,077,302) 770,404,060 (322,785,035) 31,776,873 (7,776,142) 309,760,804 (203,684,986) 1,244,405,528 (589,520,991) 105,070,102 (31,719,517) 2,460,932,663

Accumulated Depreciation

Buildings

9,102,286 (2,013,111) 530,273 (523,706) 3,289,506 (2,857,643)

Accumulated Depreciation

Improvements Other than Buildings

Accumulated Depreciation

Furniture, Fixtures, Machinery and Equipment

Accumulated Depreciation

Infrastructure

Accumulated Depreciation

Intangible Assets

Accumulated Amortization

Total Assets

31,598,072

DEFERRED OUTFLOWS OF RESOURCES Unamortized Bond Refunding Charges

4,622,823 33,681,023 18,866,154 11,040,155 68,210,155

1,667,328 5,774,256 3,530,266 2,624,491 13,596,341

6,290,151 39,455,279 22,396,420 13,664,646 81,806,496

Pension Deferrals

633,654 396,893 215,006

Current Year Pension Contributions

OPEB Deferrals

Total Deferred Outflows of Resources

1,245,553

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