2023 Annual Comprehensive Report

-37 Exhibit A-16

Statement of Net Position Component Units June 30, 2023

Greensboro Housing Dev. Partnership

Greensboro

Greensboro

Total

Redevelopment

ABC

Component

ASSETS

Commission

Board

Units

Cash and Cash Equivalents/Investments

$

82,154

$

31,168

$

4,822,786

$

4,936,108

Receivables, Net

Accounts, Notes and Mortgages

5,004

5,004

Intergovernmental

244,220

244,220

Inventories

10,038,247

10,038,247 354,512 4,670,329 1,631,962

Miscellaneous

354,512

Assets Held for Resale Long-Term Note Receivable Investment in Joint Venture Restricted Assets: Temporarily Restricted:

1,616,712

3,053,617 1,631,962

Cash and Cash Equivalents/Investments

160,870

160,870

Capital Assets:

Non-Depreciable: Land

5,242,017 858,748

5,242,017 858,748

Construction in Progress

Depreciable:

Land Improvements

429,282 (141,384) 8,684,203 (1,960,567) 530,273 (526,749) 2,716,302 (1,896,485) 2,870,816

429,282 (141,384) 8,684,203 (1,960,567) 530,273 (526,749) 2,716,302 (1,896,485) 2,870,816

Accumulated Depreciation

Buildings

Accumulated Depreciation

Improvements Other than Buildings

Accumulated Depreciation

Furniture, Fixtures, Machinery and Equipment

Accumulated Depreciation

Right to Use Lease Assets, Net of Accumulated Amortization

Total Assets

1,859,736

4,960,967

32,027,005

38,847,708

DEFERRED OUTFLOW OF RESOURCES

Current Year Pension Contributions

221,330 1,317,444 179,732 1,718,506

221,330 1,317,444 179,732 1,718,506

Pension Deferrals OPEB Deferrals

Total Deferred Outflow of Resources

LIABILITIES

Accounts Payable

4,346,985 1,189,212 254,494

4,346,985 1,189,212 254,494

Due to Primary Government

Miscellaneous

Due Within One Year: Note Payable

186,423

479,478 440,980

665,901 440,980

Leases and Other Financing Agreements

Due in More Than One Year: Note Payable

1,690,839

5,110,158 2,542,303

6,800,997 2,542,303 1,631,962 925,083 2,359,809 21,157,726

Leases and Other Financing Agreements

Unearned Revenue

1,631,962

Miscellaneous

925,083 2,359,809 17,648,502

Net Pension Liability

Total Liabilities

1,877,262

1,631,962

DEFERRED INFLOW OF RESOURCES

Pension Deferrals OPEB Deferrals

11,860 556,674 568,534

11,860 556,674 568,534

Total Deferred Inflows of Resources

NET POSITION

Net Investment in Capital Assets

8,346,004

8,346,004

Restricted for:

Assets Held for Resale Neighborhood Development

3,053,617 244,220

3,053,617 244,220 3,149,282 4,046,831

Greensboro ABC Board Working Capital

3,149,282 4,033,189

Unrestricted

(17,526) (17,526)

31,168

Total Net Position

$

$

3,329,005

$ 15,528,475

$ 18,839,954

The notes to the financial statements are an integral part of this statement.