2023 Annual Comprehensive Report

Schedule 14

Enterprise Funds Schedule of Changes in Long-Term Debt and Water Resources Capital Assets For the Fiscal Year Ended June 30, 2023

Debt

Debt

Outstanding July 1, 2022

Outstanding June 30, 2023

Additions

Adjustments

Retirements

Water Resources: Revenue Bonds Revenue BANS Lease Liabilities

$

353,259,515

$

$

$ 19,892,027

$ 333,367,488

50,795,451

50,795,451

45,024

29,751

23,589 337,252

51,186 685,464

IT Subscription Financing Agreements

1,022,716 124,773

Compensated Absences

1,582,595

1,707,368

Total Water Resources

354,887,134

51,972,691

20,252,868

386,606,957

Coliseum: Limited Obligation Bonds Other Financing Agreements

40,855,000

1,350,000

39,505,000

150,000

150,000 127,831 205,116 753,349

Lease Liabilities

214,947

87,116 84,134

IT Subscription Financing Agreements

289,250 121,949

Compensated Absences

631,400

Total Coliseum

41,701,347

561,199

1,521,250

40,741,296

Greensboro Transit Advisory Commission: Compensated Absences

73,866

40,693 26,837

114,559 23,915

Lease Liabilities

2,922

Total Grensboro Transit Advisory Commission

73,866

67,530

2,922

138,474

Parking Facilities: Limited Obligation Bonds

64,570,000

2,175,000

62,395,000

IT Subscription Financing Agreements

212,579

59,250 3,092

153,329 54,353

Compensated Absences

57,445

Total Parking Facilities

64,627,445

212,579

2,237,342

62,602,682

Solid Waste Management: Accrued Landfill Liability

47,490,934

49,289

47,540,223

Lease Liabilities

205,649

95,905 19,374

109,744

IT Subscription Financing Agreements

23,294 5,027

3,920

Compensated Absences

182,438

187,465

Total Solid Waste Management

47,879,021

77,610

115,279

47,841,352

Stormwater Management: IT Subscription Financing Agreements

27,239 17,930

8,876

18,363 311,407

Compensated Absences

293,477

Total Stormwater Management

293,477

45,169

8,876

329,770

Total Enterprise Funds

$

509,462,290

$ 52,936,778

$

$ 24,138,537

$ 538,260,531

(a) Total Debt Outstanding is net of premiums, discounts and adjustments.

Capital Assets July 1, 2022

Capital Assets June 30, 2023

Additions

Adjustments

Disposals

Water Resources Capital Assets: Land Construction in Progress Intangible Assets - Easements

$

21,795,600 158,260,836 25,461,471 26,393,330 279,811,298 31,127,825 70,664,536 704,559,461

$

196,496

$

$

$

21,992,096 223,263,532 25,722,406 30,104,397 279,835,126 31,127,825 74,628,709 727,580,480

88,494,458 260,935 3,711,067

23,491,762

Land Improvements

Buildings

25,124

1,296

Improvements Other Than Buildings

Furniture, Fixtures, Machinery and Equipment

4,317,462 23,021,019

353,289

Infrastructure

Intangible Assets:

Water Rights, Software

99,528,027

962,945

100,490,972

Right to Use Lease Assets, net of amort. Right to Use IT Subscriptions, net of amort.

45,217

5,445

50,662 703,652

703,652

Accumulated Depreciation/Amortization

(540,732,001)

(33,825,086)

(304,116)

(574,252,971)

Water Resources Capital Assets, Net

$

876,915,600

$ 87,873,517

$

$ 23,542,231

$ 941,246,886

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