2023 Annual Comprehensive Report

-5 Exhibit A-2 Page 1 of 2

City of Greensboro Statement of Activities For the Fiscal Year Ended June 30, 2023

Program Revenues Operating

Capital

Charges for Services

Grants and Contributions

Grants and Contributions

Expenses

Functions/Programs Primary Government: Governmental Activities: General Government

$

37,321,237 188,510,208 32,450,748 13,078,330 40,654,779 6,267,482 40,997,966 20,064,536 6,645,957 729,373 10,197,879

$

12,179,248 6,308,255 1,906,906 4,881,263 8,833,574 1,124,791 2,824,902 1,059,253

$

56,083,846 $

2,457,168 997,327 8,261,458 259,330 2,382,770 5,594,133 5,540,448

933,396 6,183,755 (1,844,877) 7,767,703 1,445,183 286,239 200,000

Public Safety Transportation

Engineering and Building Maintenance

Field Operations

Environmental Services Culture and Recreation Neighborhood Development Economic Opportunity ARPA-Enabled Projects Interest, Fees on Long-Term Debt

90,906

Total Governmental Activities

396,918,495

39,209,098

81,576,480

14,971,399

Business-Type Activities: Water Operations Sewer Operations Stormwater Management Coliseum Operations Solid Waste Management

63,055,666 61,818,401 12,480,356 75,760,831 22,067,669 33,423,835 5,521,336

67,273,596 73,160,630 10,296,857 66,452,742 14,061,093 2,856,404 3,222,407

201,879 201,879

2,322

Greensboro Transit Advisory Commission

7,604,738

13,648,288

Parking Facilities

Total Business-Type Activities

274,128,094

237,323,729

7,604,738

14,054,368

Total Primary Government

$ 671,046,589

$ 276,532,827

$

89,181,218

$

29,025,767

Component Units

$

61,627,208

$

62,922,311

$

1,823,736 $

General Revenues: Property Tax

Local Option Sales Tax Vehicle Gross Receipts Tax Motor Vehicle Tax Hotel/Motel Occupancy Tax Electric Utility Sales Tax

Piped Natural Gas Sales Tax Telecommunications Sales Tax Beer and Wine Tax ABC Profit Distribution-unrestricted Intergovernmental - unrestricted Investment Income Miscellaneous Total General Revenues Transfers In (Out) Total General Revenues Including Transfers Change in Net Position Net Position - July 1 Prior Period Restatement Net Position - July 1, (restated) Net Position - June 30

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