CAFR 2017
Table XIV
Direct and Overlapping Governmental Activities Debt Fiscal Year Ended June 30, 2017
Estimated Share
Percent
of Direct and Overlapping
Bonded Debt Outstanding (b)
Applicable To City (a)
Debt
Governmental Unit
Direct Debt - City of Greensboro
$
263,155,438
100.00%
$
263,155,438
Overlapping Debt- Guilford County General Improvement Bonds
883,329,153
54.09%
477,792,739
Total Direct and Overlapping Debt
1,146,484,591 $
$
740,948,177
(a) Percentage of Direct and Overlapping Debt is based on 6/30/17 Assessed Valuation of Guilford County as compared to the 6/30/17 Assessed Valuation of the City of Greensboro.
(b) Reported at par value outstanding, net of related premiums, discounts and adjustments.
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