2023 Annual Comprehensive Report

Table XIII Page 1 of 2

Ratios of Outstanding Debt by Type Fiscal Years Ended June 30, 2014-2023

Governmental Activities

General Obligation Bonds/Notes (d) $ 171,399,682

Limited Obligation Bonds/Notes (d)

IT Subscription & Lease Liabilities

Water and Sewer Revenue Bonds/Notes (d) $ 229,379,565

Fiscal Year 2014

Certificates of Participation (d)

Capital Leases

Other Financing

$

24,000,000

$

9,748,747

$

2,648,326 $

$

10,858,217

2015

168,839,802

26,037,051

6,585,733

2,626,029

9,919,195

234,128,086

2016

173,007,017

26,401,866

6,262,719

3,212,729

8,919,517

254,001,858

2017

198,400,449

35,955,161

5,929,705

15,045,445

7,824,678

260,600,590

2018

214,067,836

37,583,558

5,581,691

14,314,393

6,666,961

283,904,989

2019

302,656,417

56,616,702

13,577,742

5,432,400

292,310,262

2020

328,280,441

69,845,938

13,865,760

3,573,490

311,362,866

2021

301,255,487

66,921,971

14,327,305

2,039,430

323,041,619

2022

273,171,634

68,575,269

21,715,130

120,000

353,259,514

2023

331,703,692

65,260,958

30,688,581

384,162,938

(a) The City of Greensboro and Guilford County entered into an agreement on August 17, 1989 for the purpose of providing protection to existing and proposed water supplies. The source of funds for property acquisition is county bond proceeds with the city reimbursing the county on a semi-annual basis on a 50/50 share of the county bond debt service for the portion of funds used to protect the city's water supply. The outstanding watershed bonds mature from 2012 through 2018. Final Maturities were prepaid in FY 2015.

(b) Assessed property values, reference Table IX. (c) Population based on U.S. Census Bureau. (d) Reported at par value net of related premiums, discounts and adjustments, thereafter. (e) Not available for current year.

Note: Details regarding the City's Outstanding Debt can be found in the Notes to the Financial Statements, pgs. 40y-40ff.

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