2022 Annual Comprehensive Financial Report

Schedule 9 Page 3 of 4

COMBINING BALANCE SHEET (continued) Nonmajor Special Revenue Funds June 30, 2022

STATE

EMERGENCY RENTAL

AND FEDERAL GRANTS (ARRA)

AMERICAN RESCUE PLAN ACT (ARPA)

ASSISTANCE

ASSETS

GUILFORD COUNTY

Cash and Cash Equivalents/Investments

$

161,638

$

$

Receivables: Taxes

Accounts, Notes and Mortgages Intergovernmental

2,000,000

Restricted Assets:

Cash and Cash Equivalents/Investments

56,061,496

Lease Receivable

Total Assets

161,638

$

$

56,061,496

$

2,000,000

LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND FUND BALANCES

Liabilities:

Accounts Payable

$

$

$

2,000,000

Contracts/Retainage Payable Intergovernmental Payables Miscellaneous Unearned Grant Revenues

184,811

55,993,843

Unearned Revenues

Total Liabilities

184,811

55,993,843

2,000,000

Deferred Inflows of Resources: Deferred Inflows for Grants

571,174

Property Taxes Receivable Notes and Mortgages Receivable Leases Total Deferred Inflows of Resources

571,174

Fund Balances:

Non-Spendable: Leases Restricted: Stabilization by State Statute

1,428,826

Grantor Requirements:

Highway Improvements Total Restricted Fund Balance

1,428,826

Committed:

For 911 Program For Cemetery Maintenance For Special Tax Districts For Neighborhood Development For Economic Opportunity For Debt Service/Capital Projects

67,653

Total Committed Fund Balance

67,653

Assigned: Appropriated for Subsequent Year's Expenditures For Neighborhood Development Total Assigned Fund Balance

Unassigned

(23,173)

(2,000,000)

Total Fund Balances

(23,173)

67,653

(571,174)

Total Liabilities, Deferred Inflows of Resources and Fund Balances

$

161,638

$

56,061,496

$

2,000,000

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