2023 Annual Comprehensive Report

5) Solid Waste Management Fund Charges for current services totaled $14,061,093 as compared to $13,740,188 for the preceding year, an increase of 2.3%. Operating expenses (excluding depreciation) totaled $21,665,107 as compared to $34,541,476 for the preceding year, a decrease of 37.3% primarily due to decreases in adjustments for closure and post closure of the landfill. 6) Greensboro Transit Advisory Commission Charges for current services totaled $1,806,396 as compared to $1,493,159 in the preceding year, an increase of 21.0% primarily due fare service collection continuing to return to post-pandemic normalcy. Operating expenses (excluding depreciation) totaled $29,541,869 as compared to $25,995,048, an increase of 13.6%, primarily due to increased personnel costs and increases in contracted transportation due to a full year of operation. This operation is primarily funded with grants and property and motor vehicle tax. 7) Parking Facilities Fund Charges for current services totaled $3,222,407 as compared to $2,823,567 in the preceding year, an increase of 14.1%. The increase in parking fee revenue is due to the increasing return of downtown activities and events after the peak of the pandemic. Operating expenses (excluding depreciation) totaled $2,793,481 as compared to $2,637,110 for the preceding year, an increase of 5.9% due to increased maintenance and operation expenses due to coverage needed for more events downtown. In addition, construction of a new parking deck is in progress with anticipated completion in early 2024.

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