2024 Annual Comprehensive Report

-36 Exhibit A-15

Statement of Net Position Component Units June 30, 2024

Greensboro Housing Dev. Partnership

Greensboro

Greensboro

Total

Redevelopment

ABC

Component

ASSETS

Commission

Board

Units

Cash and Cash Equivalents/Investments

$

46,472

$

31,171

$

6,759,495

$

6,837,138

Receivables, Net

Accounts, Notes and Mortgages

14,112

14,112 218,526

Intergovernmental

218,526

Inventories

10,607,101

10,607,101 282,302 3,962,117 1,629,712

Miscellaneous

282,302

Assets Held for Resale Long-Term Note Receivable Investment in Joint Venture Restricted Assets: Temporarily Restricted:

945,500

3,016,617 1,629,712

Cash and Cash Equivalents/Investments

170,528

170,528

Capital Assets:

Non-Depreciable: Land

6,643,167 813,221

6,643,167 813,221

Construction in Progress

Depreciable:

Land Improvements

418,996 (172,816) 10,013,880 (2,236,816) 521,205 (521,205) 3,080,813 (1,650,004) 5,516,759 40,090,210

418,996 (172,816) 10,013,880 (2,236,816) 521,205 (521,205) 3,080,813 (1,650,004) 5,516,759 46,148,736

Accumulated Depreciation

Buildings

Accumulated Depreciation

Improvements Other than Buildings

Accumulated Depreciation

Furniture, Fixtures, Machinery and Equipment

Accumulated Depreciation

Right to Use Lease Assets, Net of Accumulated Amortization

Total Assets

1,162,500

4,896,026

DEFERRED OUTFLOW OF RESOURCES

Current Year Pension Contributions

231,705 1,454,753 152,095 1,838,553

231,705 1,454,753 152,095 1,838,553

Pension Deferrals OPEB Deferrals

Total Deferred Outflow of Resources

LIABILITIES

Accounts Payable

3,423,196 1,910,476 339,302

3,423,196 1,910,476 339,302

Due to Primary Government

Miscellaneous

Due Within One Year: Note Payable

16,000

380,711 467,117

396,711 467,117

Leases and Other Financing Agreements

Due in More Than One Year: Note Payable

1,164,026

4,993,991 5,255,259

6,158,017 5,255,259 1,629,712 942,826 2,988,800 23,511,416

Leases and Other Financing Agreements

Unearned Revenue

1,629,712

Miscellaneous

942,826 2,988,800 20,701,678

Net Pension Liability

Total Liabilities

1,180,026

1,629,712

DEFERRED INFLOW OF RESOURCES

Pension Deferrals OPEB Deferrals

7,170

7,170

467,351 474,521

467,351 474,521

Total Deferred Inflows of Resources

NET POSITION

Net Investment in Capital Assets

11,535,739

11,535,739

Restricted for:

Neighborhood Development

218,526

218,526 3,149,282 9,097,805 24,001,352

Greensboro ABC Board Working Capital

3,149,282 6,067,543 20,752,564

Unrestricted

(17,526) (17,526)

3,047,788 3,266,314

$

$

Total Net Position

$

$

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