2023 Annual Comprehensive Report

Table A-2 City of Greensboro’s Changes in Net Position (In thousands of dollars)

Governmental Activities

Business-Type Activities

Total

2023

2022

2023

2022

2023

2022

Revenues: Program Revenues: Charges for Services Operating Grants and Contributions Capital Grants and Contributions General Revenues: Property Taxes

$

39,209 $

35,554 $ 237,324 $ 224,848 $ 276,533 $ 260,402

81,576

50,279

7,604

5,647

89,180

55,926

14,971

18,780

14,054

19,801

29,025

38,581

221,782 119,031

187,298 114,127

12,836

10,333

234,618 122,113 12,981

197,631 115,200 (14,458) 11,767 665,049

Other Taxes

3,082 6,041 2,925

1,073

Investment Income

6,940 6,553

(7,677)

(6,781)

Other

9,192

2,575

9,478

Total Revenues

490,062

407,553

283,866

257,496

773,928

Expenses: General Government

37,321 188,510 32,451

28,563 164,167 27,060

37,321 188,510 32,451

28,563 164,167 27,060

Public Safety Transportation

Engineering and Building Maintenance

13,078 40,655

12,425 40,744

13,078 40,655

12,425 40,744

Field Operations

Environmental Services Culture and Recreation

6,267

3,657

6,267

3,657

40,998 20,065

42,997 31,860

40,998 20,065

42,997 31,860

Neighborhood Development Economic Opportunity ARPA-Enabled Projects Interest, Fees on Long Term Debt

6,646

5,965

6,646

5,965

729

729

10,198

9,492

10,198 124,874 12,480 75,761 22,068

9,492

Water Resources

124,874 12,480 75,761 22,068

108,236 10,919 71,515 34,767

108,236 10,919 71,515 34,767

Stormwater Management

Coliseum

Solid Waste Management Greensboro Transit Advisory Commission

33,424

29,534

33,424

29,534

Parking Facilities

5,521

5,376

5,521

5,376

Total Expenses

396,918

366,930

274,128

260,347

671,046

627,277

Net, Before Transfers

$

93,144 $

40,623 $

9,738

$

(2,851)

$ 102,882 $

37,772

2i