Comprehensive Annual Financial Report FY 2016

Table XIV

Direct and Overlapping Governmental Activities Debt Fiscal Year Ended June 30, 2016

Estimated Share

Percent

of Direct and Overlapping

Bonded Debt Outstanding (b)

Applicable To City (a)

Debt

Governmental Unit

Direct Debt - City of Greensboro

$

217,803,848

100.00%

$

217,803,848

Overlapping Debt- Guilford County General Improvement Bonds

760,593,956

55.09%

419,011,210

Total Direct and Overlapping Debt

$

978,397,804

$

636,815,058

(a) Percentage of Direct and Overlapping Debt is based on 6/30/16 Assessed Valuation of Guilford County as compared to the 6/30/16 Assessed Valuation of the City of Greensboro.

(b) Reported at par value outstanding, net of related premiums, discounts and adjustments.

-191-