2025 Annual Comprehensive Report

-20 Exhibit A-7 Page 7 of 8

General Fund Statement of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual For the Fiscal Year Ended June 30, 2025

Variance with Final Budget

Original Budget

Final

Positive (Negative)

Budget

Actual

Library:

Administration Main Library

$

3,673,458 2,407,281

$

3,528,058 2,407,281 1,051,050 571,483 587,909 680,813 627,285 544,461 855,652 742,511 1,300,913 12,905,003 7,587

$

2,754,651 2,013,905 345,012 1,241,540 553,618 568,366 626,586 519,758 491,423 808,822 592,036 1,112,422 11,628,139

$

773,407 393,376 (337,425) (190,490) 17,865 19,543 54,227 107,527 53,038 46,830 150,475 188,491 1,276,864

Extension Services Collection Inventory Benjamin Branch Library Northeast Branch Library

7,587

951,050 523,811 541,730 682,233 595,128 519,326 799,891 712,897

Vance H. Chavis Branch Library Hemphill Branch Library Glenwood Branch Library Kathleen Clay Edwards Branch Library McGirt-Horton Branch Library

Historical Museum

1,255,513 12,669,905

Total Library

Other Culture and Recreation: Greensboro Science Center Fun Fourth - Grassroots

1,085,000

1,085,000

1,085,000

32,000 11,000 33,500 400,000 250,000 193,985

32,000 11,000 33,500 400,000 250,000 193,985

32,102

(102)

Greensboro Jaycees Festival of Lights

11,000 (8,891) 50,000 (41,193) 10,814

42,391 350,000 250,000 235,178

Downtown Greensboro Parks, Inc. International Civil Rights Museum

Public Access - GCTV

Total Other Culture and Recreation

2,005,485

2,005,485

1,994,671

Total Culture and Recreation

48,123,524

49,215,123

45,658,976

3,556,147

Neighborhood Development

Greensboro Housing Authority Total Neighborhood Development

120,000 120,000

120,000 120,000

100,000 100,000

20,000 20,000

Economic Opportunity:

Economic Development Chamber of Commerce

6,871,432 237,998 7,109,430

6,437,130 237,998 6,675,128

4,028,956 237,998 4,266,954

2,408,174

Total Economic Opportunity

2,408,174

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