2023 Annual Comprehensive Report

Special Revenue Funds (continued)

HOME Program Fund The purpose of the HOME Program Fund is to account for projects financed with Housing and Urban Development funds which are used for revitalization of low and moderate income areas. Workforce Investment Act The purpose of the Workforce Investment Act is to account for Department of Labor grant funds used to establish programs for employment and classroom training activities. State and Federal Grants Fund The purpose of the State and Federal Grants Fund is to account for various projects financed primarily with State or Federal aid. State and Federal Grants (ARRA) Fund The purpose of the State and Federal American Recovery and Reinvestment Act (ARRA) Grants Fund is to account for various projects financed primarily with State or Federal aid from ARRA funds. Emergency Rental Assistance 1 and 2 – Guilford County Fund These funds were established to account for Emergency Rental Assistance dollars awarded by Guilford County. This revenue is used to provide rental assistance to Greensboro residents who are experiencing job loss or financial hardship. Opioid Settlement Fund The purpose of the Opioid Settlement Fund is to account for funds awarded from opioid litigation settlement to assist with high impact opioid abatement strategies. Emergency Telephone System Fund This fund accounts for the Guilford Metro 911 Emergency Telephone System that is supported by 911 surcharge fees. Emergency communications administration is recorded in the Guilford Metro Communications Internal Service Fund that is funded by contributions from the City and Guilford County.

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