2023 Annual Comprehensive Report

Table XV

Direct and Overlapping Governmental Activities Debt Fiscal Year Ended June 30, 2023

of Direct and Overlapping Estimated Share

Percent

Bonded Debt Outstanding (b)

Applicable To City (a)

Debt

Governmental Unit

Direct Debt - City of Greensboro

$

417,842,425

100.00%

$

417,842,425

Overlapping Debt- Guilford County General Improvement Bonds

673,153,981

57.28%

385,582,600

Total Direct and Overlapping Debt

$ 1,090,996,406

$

803,425,025

(a) Percentage of Direct and Overlapping Debt is based on 6/30/23 Assessed Valuation of Guilford County as compared to the 6/30/23 Assessed Valuation of the City of Greensboro.

(b) Reported at par value outstanding, net of related premiums, discounts and adjustments.

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