2025 Annual Comprehensive Report

3. Interfund Transfers:

Non-Major

Greensboro Transit

General

Governmental

Advisory

Fund

Funds

Commission

Operating Transfers From:

$

$

(15,576)

$

(62,714,009)

(14,845,341)

Operating Transfers To: General Fund

$

$

6,398,239

$

Debt Service Fund

42,551,349

Non-Major Governmental Funds

577,139

7,189,876

15,576

Enterprise Funds: Coliseum

3,400,000 1,930,537

500,575

Solid Waste Management

Greensboro Transit Advisory Commission

1,000

Parking Facilities Water Resources

2,163,273

434,851 320,800

Internal Service Funds

12,091,711 62,714,009

Total

$

$

14,845,341

$

15,576

Internal Service Funds

Total

Operating Transfers From:

$

(1,192,577)

$

(78,767,503)

Operating Transfers To: General Fund

$

590,000 546,000

$

6,988,239 43,097,349 7,783,665

Debt Service Fund

Non-Major Governmental Funds

1,074

Enterprise Funds: Coliseum

3,900,575 1,930,537

Solid Waste Management

Greensboro Transit Advisory Commission

1,000

Parking Facilities Water Resources

2,163,273 434,851 12,468,014 78,767,503

Internal Service Funds

55,503

Total

$

1,192,577

$

Transfers are used to move unrestricted revenues to finance various programs that the government must account for in other funds in accordance with budgetary authorizations, including amounts provided as matching funds for various grant programs. I. Long-Term Debt Long-term Bonded Debt of the City consists of General Obligation Bonds, which are collateralized by the full faith, credit and taxing power of the City and are issued for both general governmental improvements. The City’s legal debt margin as of June 30, 2025 is $2,647,815,396. Long-term Bonded Debt consists of the following: 1. General Governmental Improvement General Obligation Bonds These outstanding tax-exempt and taxable bonds bear interest, payable monthly at fixed rates from 1.13% to 5.00%. Principal is payable annually in varying amounts through 2045.

General Obligation Bonds

$311,165,000

39y