CAFR 2016

-35- Exhibit A-15

Statement of Net Position Component Units June 30, 2016

Greensboro Housing Dev. Partnership

Greensboro

Greensboro

Greensboro

Total

Redevelopment

Transit

ABC

Component

ASSETS

Commission

Authority

Board

Units

Cash and Cash Equivalents/Investments

$

60,405

$

32,146

$

1,743,949

$

4,668,007

$

6,504,507

Receivables, Net Taxes

620,879 77,214

620,879 80,687

Accounts, Notes and Mortgages

3,473

Intergovernmental

31,141

9,006,592

9,037,733

Interest

974,487 423,103

974,487

Inventories

2,023,411

2,446,514

Miscellaneous

116,944

116,944

Assets Held for Resale

2,351,701

2,723,340 2,353,701

5,075,041 13,121,897

Long-Term Note Receivable

10,768,196

Restricted Assets: Temporarily Restricted: Cash and Cash Equivalents/Investments

36,555

36,555

Receivables, (Net): Intergovernmental

118,127

118,127

Capital Assets:

Non-Depreciable: Land

2,923,192

1,782,715

4,705,907

Depreciable: Land Improvements

95,355

95,355

Accumulated Depreciation

(11,029)

(11,029)

Buildings

37,760,053 (9,124,202)

3,904,603 (1,014,547) 464,112 (371,143) 2,256,566 (1,581,429)

41,664,656 (10,138,749)

Accumulated Depreciation

Improvements Other than Buildings

9,805

473,917 (373,594)

Accumulated Depreciation

(2,451)

Furniture, Fixtures, Machinery and Equipment

26,145,908 (14,595,466)

28,402,474 (16,176,895)

Accumulated Depreciation

Intangible Asset - Software and Licenses

39,443

39,443

Accumulated Amortization

(26,295)

(26,295)

Total Assets

2,412,106

5,140,328

66,983,415

12,252,712

86,788,561

DEFERRED OUTFLOW OF RESOURCES Current Year Pension Contributions

165,201 165,201

165,201 165,201

Total Deferred Outflow of Resources

LIABILITIES

Accounts Payable

80,017

1,992,856

2,072,873 1,266,765

Contracts/Retainage Payable

1,266,765

Note Payable

122,958 968,875

122,958 968,875

Due to Primary Government Customer Deposits Payable

1,799

1,799

Miscellaneous

82,874

82,874

Liabilities Payable from Restricted Assets: Accounts Payable

11,008

11,008

Contracts/Retainage Payable

3,621

3,621

Noncurrent Liabilities: Due Within One Year:

Compensated Absences

46,980

46,980

Due in More Than One Year: Note Payable

2,398,057

2,009,654

4,407,711

Compensated Absences

384 700

384

Unearned Revenue

2,353,701

2,354,401

Miscellaneous

361,232 187,148

361,232 187,148

Net Pension Obligation

Total Liabilities

2,398,057

2,353,701

1,411,274

5,725,597

11,888,629

DEFERRED INFLOW OF RESOURCES

Pension Deferrals

80,084 80,084

80,084 80,084

Total Deferred Inflow of Resources

NET POSITION

Net Investment in Capital Assets

43,214,313

5,440,877

48,655,190

Restricted for:

Assets Held for Resale

2,723,340

2,723,340

Capital Projects

140,053

140,053 45,190

Neighborhood Development

14,049

31,141 32,146

Unrestricted

22,217,775 65,572,141

1,171,355 6,612,232

23,421,276 74,985,049

Total Net Position

$

14,049

$

2,786,627

$

$

$

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