2023 Annual Comprehensive Report

Construction Commitments The City has construction commitments on capital projects at June 30, 2023 as follows:

Governmental Funds: Special Revenue

$

894,383

Capital Projects

20,534,826 21,429,209

Total Governmental Funds

Enterprise Funds:

Water Resources

54,984,200 1,196,013 4,117,749 1,772,355

Stormwater Management

Solid Waste

Other Non-Major Enterprise

Greensboro Transit Advisory Commission

154,412

Total Enterprise Funds

62,224,729

$

83,653,938

Activity for ABC Board for the year ended June 30, 2023, was as follows:

Beginning Balance

Increases

Decreases Ending Balance

Capital Assets, Non-depreciable: Land

$

4,179,181 $

1,062,836$

$

5,242,017 858,748 6,100,765

Construction in Progress

858,748 1,921,584

Total Capital Assets, Non-depreciable

4,179,181

Capital Assets, Depreciable: Buildings

8,669,051 391,907 3,451,871 530,273 1,957,158 15,000,260 (1,720,838) (115,089) (3,034,921) (523,612) (301,646) (5,696,106)

15,152 40,375 677,749

8,684,203 429,282 2,716,302 530,273 3,703,713 16,063,773 (1,960,567) (141,384) (1,896,485) (526,749) (832,897) (5,358,082)

Improvements Other Than Buildings

(3,000)

Furniture, Fixtures, Machinery and Equipment

(1,413,318)

Lease Hold Improvements Right to Use Lease Assets

1,778,223 733,276

(31,668)

Total Capital Assets, Depreciable

(1,447,986)

Less Accumulated Depreciation/Amortization for: Buildings

(239,729) (29,295) (203,798) (531,251) (1,007,210) (3,137)

Improvements Other Than Buildings

3,000

Furniture, Fixtures, Machinery and Equipment

1,342,234

Lease Hold Improvements Right to Use Lease Assets

Total Accumulated Depreciation

1,345,234

Total Capital Assets, Depreciable-Net

9,304,154

(273,934)

(102,752)

10,705,691

ABC Board Capital Assets, Net

$ 13,483,335 $

1,647,650 $ (102,752) $ 16,806,456

40u