2025 Annual Comprehensive Report

-5 Exhibit A-2 Page 1 of 2

City of Greensboro Statement of Activities For the Fiscal Year Ended June 30, 2025

Program Revenues Operating

Capital

Charges for Services

Grants and Contributions

Grants and Contributions

Expenses

Functions/Programs Primary Government: Governmental Activities: General Government

$

49,430,471 238,215,064 46,461,118 20,224,980 29,759,773 8,159,970 53,714,328 18,681,348 9,330,267 3,214,980 13,203,226

$

13,445,959 7,828,345 1,618,388 5,152,802 9,244,871 3,575,591 4,791,077 105,361 2

$

100,999 3,110,551 1,297,985 9,985,418 11,215,337 2,038,829 5,952,906 4,947,785

$

3,881,814 6,698,725

Public Safety Transportation

Engineering and Building Maintenance

Field Operations

593,128 1,273,272

Environmental Services Culture and Recreation Neighborhood Development Economic Opportunity ARPA-Enabled Projects Interest on Long-Term Debt Business-Type Activities: Water Operations Sewer Operations Stormwater Management Coliseum Operations Solid Waste Management

Total Governmental Activities

490,395,525

45,762,396

38,649,810

12,446,939

77,583,555 72,683,584 13,682,159 54,461,696 25,420,440 39,110,029 6,570,157

82,134,999 83,287,132 12,689,953 40,108,137 16,744,671 2,116,173 2,868,756

1,882,364 1,882,364

637

Greensboro Transit Advisory Commission

1,646,937

3,926,321

Parking Facilities

Total Business-Type Activities

289,511,620

239,949,821

1,646,937

7,691,686

Total Primary Government

$ 779,907,145

$ 285,712,217

$

40,296,747

$

20,138,625

Component Units: Greensboro Housing Dev. Partnership Greensboro Redevelopment Commission

$

156,000 415,299

$

156,000

$

$

388,299

Greensboro ABC Board

58,145,647

61,971,836

Component Units

$

58,716,946

$

62,127,836

$

388,299

$

General Revenues: Property Tax

Local Option Sales Tax Vehicle Gross Receipts Tax Motor Vehicle Tax Hotel/Motel Occupancy Tax Electric Utility Sales Tax

Piped Natural Gas Sales Tax Telecommunications Sales Tax Beer and Wine Tax ABC Profit Distribution-unrestricted Intergovernmental - unrestricted Investment Income Miscellaneous Total General Revenues Transfers In (Out) Total General Revenues Including Transfers Change in Net Position Net Position - July 1 Restatement for Implementation of New Accounting Standard Restatement for Change in Reporting Entity

Restatement for Error Correction Net Position - July 1, (restated) Net Position - June 30

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