2023 Annual Comprehensive Report

Beginning

Ending Balance

Balance

Decreases

Increases

Business-Type Activities: Capital Assets, Non-Depreciable: Land Construction in Progress Intangible Assets - Easements

$

62,046,993 $ 406,496$ 186,942,136 98,360,652

$

62,453,489 258,463,345 27,490,908 348,407,742 548,766,182 89,266,708 141,397,097 846,630,416

(26,839,443)

27,229,947

260,961

Total Capital Assets Non-Depreciable

276,219,076 99,028,109

(26,839,443)

Capital Assets, Depreciable: Buildings

544,364,735 4,402,743 85,385,641 3,881,067 130,677,236 11,884,062 823,424,247 23,206,169

(1,296)

Improvements Other Than Buildings

Furniture, Fixtures, Machinery and Equipment

(1,164,201)

Infrastructure

Intangible Assets - Right to Use Lease Assets Intangible Assets - Water Rights, Software & Licenses Intangible Assets - Right to Use IT Subscription Assets

659,248

56,589 962,945

(6,955)

708,882

100,155,098

101,118,043

1,615,203

1,615,203

Total Capital Assets, Depreciable

1,684,666,205 46,008,778

(1,172,452)

1,729,502,531

Less Accumulated Depreciation/Amortization for: Buildings

(217,132,986) (15,816,473) (39,535,907) (2,765,456) (73,245,112) (8,562,866) (402,466,847) (18,252,157)

1,101

(232,948,358) (42,301,363) (80,723,974) (420,719,004)

Improvements Other Than Buildings

Furniture, Fixtures, Machinery and Equipment

1,084,004

Infrastructure

Intangible Assets - Right to Use Lease Assets Intangible Assets - Water Rights, Software & Licenses Intangible Assets - Right to Use IT Subscription Assets Total Accumulated Depreciation/Amortization

(198,994)

(211,047)

6,955

(403,086)

(27,385,886) (2,005,693)

(29,391,579)

(495,364)

(495,364)

(759,965,732) (48,109,056)

1,092,060

(806,982,728)

Total Capital Assets, Depreciable, Net

924,700,473 (2,100,278)

(80,392)

922,519,803

Capital Assets, Net Business-Type Activities

$ 1,200,919,549 96,927,831 $ $ (26,919,835) $ 1,270,927,545

Depreciation/Amortization expense was charged to functions/programs of the primary government as follows:

Governmental Activities: General Government

$

1,382,585 3,027,686 9,169,547 151,647 852,742 5,671,504 17,861,048 38,116,759 34,201,333 1,976,756 6,386,929 1,176,278 485,794 3,881,966 48,109,056

Public Safety

Transportation, including depreciation of general infrastructure assets

Field Operations

Engineering and Building Maintenance

Culture and Recreation

Capital assets held by the government's Internal Service Funds are charged to the various functions based on their usage of the assets

Total depreciation, amortization expense - Governmental Activities

$

Business-Type Activities: Water Resources Fund, including depreciation of infrastructure assets

$

Stormwater Management Fund

Coliseum Fund

Parking Facilities Fund

Solid Waste Management Fund

Greensboro Transit Advisory Commission

Total depreciation, amortization expense - Business-Type Activities

$

40r