2025 Annual Comprehensive Report

-36 Exhibit A-15

Statement of Net Position Component Units June 30, 2025

Greensboro Housing Dev. Partnership

Greensboro

Greensboro

Total

Redevelopment

ABC

Component

ASSETS

Commission

Board

Units

Cash and Cash Equivalents/Investments

$

48,784

$

31,174

$

6,685,732

$

6,765,690

Receivables, Net

Accounts, Notes and Mortgages

34,355

34,355

Inventories

11,930,181

11,930,181 105,456 3,812,965

Miscellaneous

105,456

Assets Held for Resale Restricted Assets:

825,500

2,987,465

Temporarily Restricted: Cash and Cash Equivalents/Investments

175,660

175,660

Capital Assets:

Non-Depreciable: Land

7,695,551 3,773,537

7,695,551 3,773,537

Construction in Progress

Depreciable:

Land Improvements

418,996 (180,908) 10,831,368 (3,091,093) 3,462,419 (2,046,482) 6,510,520 46,129,632

418,996 (180,908) 10,831,368 (3,091,093) 3,462,419 (2,046,482) 6,510,520 50,198,215

Accumulated Depreciation

Buildings

Accumulated Depreciation

Furniture, Fixtures, Machinery and Equipment

Accumulated Depreciation

Right to Use Lease Assets, Net of Accumulated Amortization

Total Assets

1,049,944

3,018,639

DEFERRED OUTFLOW OF RESOURCES

Current Year Pension Contributions

267,973 984,605 163,540

267,973 984,605 163,540

Pension Deferrals OPEB Deferrals

Total Deferred Outflow of Resources

1,416,118

1,416,118

LIABILITIES

Accounts Payable

5,500

4,047,893 865,776 348,341

4,053,393 865,776 348,341

Due to Primary Government

Miscellaneous

Due Within One Year: Note Payable

640,506 522,972

640,506 522,972

Leases and Other Financing Agreements

Due in More Than One Year: Note Payable

1,061,970

5,533,670 6,349,232 998,483 2,861,148 22,168,021

6,595,640 6,349,232 998,483 2,861,148 23,235,491

Leases and Other Financing Agreements

Miscellaneous

Net Pension Liability

Total Liabilities

1,067,470

DEFERRED INFLOW OF RESOURCES

Pension Deferrals OPEB Deferrals

94,800 370,882 465,682

94,800 370,882 465,682

Total Deferred Inflows of Resources

NET POSITION (DEFICIT)

Net Investment in Capital Assets

14,327,528

14,327,528

Restricted for:

Assets Held for Resale

2,987,465

2,987,465 2,383,774 8,214,393 27,913,160

Greensboro ABC Board Working Capital

2,383,774 8,200,745 24,912,047

Unrestricted

(17,526) (17,526)

31,174

Total Net Position (Deficit)

$

$

3,018,639

$

$

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