2024 Annual Comprehensive Report

Table A-2 City of Greensboro’s Changes in Net Position (In thousands of dollars)

Governmental Activities

Business-Type Activities

Total

2024

2023

2024

2023

2024

2023

Revenues: Program Revenues: Charges for Services Operating Grants and Contributions Capital Grants and Contributions General Revenues: Property Taxes

$

39,549 $

39,209 $ 258,887 $ 237,324 $ 298,436 $ 276,533

24,675

81,576

7,634

7,604

32,309

89,180

24,442

14,971

6,426

14,054

30,868

29,025

246,664 123,867 18,757

221,782 119,031

13,426

12,836

260,090 124,944 32,212

234,618 122,113 12,981

Other Taxes

1,077

3,082 6,041 2,925

Investment Income

6,940 6,553

13,455

Other

4,015

3,339

7,354

9,478

Total Revenues

481,969

490,062

304,244

283,866

786,213

773,928

Expenses: General Government

48,125 212,098 32,765 18,805 38,651 13,726 46,887 19,687

37,321 188,510 32,451

48,125 212,098 32,765 18,805 38,651 13,726 46,887 19,687

37,321 188,510 32,451

Public Safety Transportation

Engineering and Building Maintenance

13,078 40,655

13,078 40,655

Field Operations

Environmental Services Culture and Recreation

6,267

6,267

40,998 20,065

40,998 20,065

Neighborhood Development Economic Opportunity ARPA-Enabled Projects Interest, Fees on Long Term Debt

8,433 4,533

6,646

8,433 4,533

6,646

729

729

11,998

10,198

11,998 146,775 13,453 86,534 22,017

10,198 124,874 12,480 75,761 22,068

Water Resources

146,775 13,453 86,534 22,017

124,874 12,480 75,761 22,068

Stormwater Management

Coliseum

Solid Waste Management Greensboro Transit Advisory Commission

35,730

33,424

35,730

33,424

Parking Facilities

8,180

5,521

8,180

5,521

Total Expenses

455,708

396,918

312,689

274,128

768,397

671,046

Net, Before Transfers

$

26,261 $

93,144

$

(8,445)

$

9,738 $

17,816 $ 102,882

2i