2025 Annual Comprehensive Report

The City continues to make a significant investment in water resource needs to replace and expand existing infrastructure and to meet new environmental regulations. The Water and Sewer utility comprises approximately two-thirds of the City’s overall capital improvement plan, with estimated $1.8 billion in planned capital expenditures over the next ten year period. Ongoing system improvements are expected and are included in our long-range planning. Major projects include Mitchell emerging contamination treatment, Liberty Road lift station and force main, Corbin Road lift station abandonment, primary clarifier improvements, water line extensions and sewer upgrades, Camp Burton outfall, and the Pleasant Garden water main extension. The City utilizes the issuance of revenue bonds and pay-go funding to fund these projects. The City has also established a capital reserve account to provide for future needs of the water and sewer system, with an account balance of approximately $33.7 million cash available in the restricted assets total of the Water Resources Fund as of June 30, 2025. The Randleman Dam, Lake and Water Plant Project (managed by the Piedmont Triad Regional Water Authority, “PTRWA”) is designed to meet long-term future water needs. PTRWA constructed a 14.7 MGD Water Treatment Plant (expandable to 48 MGD) which began pumping treated water to Greensboro in early October 2010. Approximately $3.1 million was paid to PTRWA in FY 2025 for current water purchases from this supply. Greensboro has acquired certain water rights in this project, along with five other governmental units. Due to ongoing interlocal water purchase agreements with neighboring communities, conservation measures, the purchase of a small dam on the Haw River, along with water that is available to be piped from Randleman, the City has been able to adequately manage its water supply. The City is currently negotiating a new Memorandum of Understanding with PTRWA for increased capacity from a planned plant expansion and discussing a regionalism concept for wastewater services. 3) Stormwater Management Fund Charges for current services totaled $12,689,953 as compared to $10,132,483 for the preceding year, an increase of 25.2% primarily due to an increase in rate fees. Fees had not been increased in many years. Operating expenses (excluding depreciation) decreased by 0.14% and totaled $11,478,955 as compared to $11,495,589 for the preceding year. The stormwater program monitors and manages the quality and quantity of stormwater runoff and helps protect limited water resources throughout the City. Residential stormwater fees range from $1.80 to $4.68 based on the square footage of impervious property area owned and fund program operations as well as related capital improvement projects. 4) Coliseum Fund Charges for current services totaled $40,108,137 as compared to $76,008,417 for the preceding year, a decrease of 47.2%. A large portion of this was due to a decrease in concert performances in 2025 and to transition to private management method of operations. Operating expenses (excluding depreciation) totaled $46,323,244 as compared to $78,556,354 for the preceding year, a decrease of 41.0% largely attributable to decreases in operational costs and streamlining in relation to OVG taking over the management and operation of the Coliseum and Performing Arts Center on July 1, 2024. The General Fund contributed $3,400,000 toward Coliseum activities this year, mainly for operations. The Performing Arts Center brought in $14.4 million of the $40.1 million in charges for current services during the fiscal year. Revenues and expenses for a given year may fluctuate based on the number of events and nature of the associated event agreements. 5) Solid Waste Management Fund Charges for current services totaled $16,744,671 as compared to $14,167,483 for the preceding year, an increase of 18.2%. Operating expenses (excluding depreciation) totaled $24,915,306 as

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