2024 Annual Comprehensive Report

Table II Page 1 of 2

-18 1 Changes in Net Position Expenses, Program Revenues, and Net (Expenses)/Revenue Fiscal Years Ended June 30, 2015-2024 (Accrual Basis of Accounting) 2015 Expenses Governmental Activities: General Government $ 23,344,904 Public Safety 130,122,705 Transportation 16,963,421 Engineering and Building Maintenance 15,074,129 Field Operations 33,341,199 Environmental Services 429,681 Culture and Recreation 31,937,351 Neighborhood Development 8,386,830 Economic Opportunity 6,465,912 ARPA Enabled Projects Interest, Fees on Long Term Debt 5,583,287 Total Governmental Activities Expenses 271,649,419 Business-Type Activities: Water Operations 41,181,487 Sewer Operations 40,124,719 Stormwater Management 8,533,475 Coliseum Operations 33,930,527 Solid Waste Management 12,883,944 Greensboro Transit Advisory Commission Parking Facilities 2,350,339 Total Business-Type Activities 139,004,491 Total Primary Government Expenses 410,653,910 Program Revenues Governmental Activities: Charges for Services: General Government 12,059,922 Public Safety 8,457,292 Transportation 1,226,002 Engineering and Building Maintenance 2,797,506 Field Operations 7,152,895 Environmental Services 455,282 Culture and Recreation 2,960,037 Neighborhood Development 828,207 Economic Opportunity 114,912 Operating Grants and Contributions 21,502,466 Capital Grants and Contributions 4,185,795 Total Governmental Activities Program Revenues 61,740,316 Business-Type Activities: Charges for Services: Water Operations 50,021,520 Sewer Operations 54,120,793 Stormwater Management 9,815,623 Coliseum Operations 28,495,534 Solid Waste Management 11,493,834 Greensboro Transit Advisory Commission Parking Facilities 2,010,212 Operating Grants and Contributions Capital Grants and Contributions 3,309,769 Total Business-Type Activities Program Revenues 159,267,285 Total Primary Government Revenues 221,007,601 Net (Expense) Revenues Total Primary Government Net Expenses $ (189,646,309)

Fiscal Year

2016

2017

2018

$

24,891,783 139,582,738 22,712,727 15,641,909 33,524,708 30,900,864 8,721,998 8,659,082 659,960

$

23,520,137 145,818,985 23,854,185 16,708,113 35,460,734 33,166,935 5,632,049 7,800,130 141,120

$

25,624,860 148,796,396 25,864,616 17,256,271 36,154,441 37,417,979 7,049,959 6,928,079 98,807

5,353,607

6,912,938

6,331,443

290,649,376

299,015,326

311,522,851

45,730,742 43,204,926 8,550,444 26,209,548 14,467,928 3,409,082 141,572,670

46,530,083 45,735,043 9,237,960 32,619,169 13,622,929 2,951,230 150,696,414

51,505,994 51,337,067 9,739,878 32,550,381 12,625,866 2,599,692 160,358,878

432,222,046

449,711,740

471,881,729

7,862,858 8,065,025 1,135,911 2,843,065 7,015,823 553,227 2,917,048 326,067 117,253 23,857,649 3,938,283

10,017,288 9,280,080 5,618,292 1,684,150 6,620,078 484,649 2,988,038 176,306 542,598 22,572,778 18,647,295

11,113,911 8,758,634 6,095,366 1,762,626 7,009,565 516,953 2,975,402 285,036 20,391,139 13,028,560 91,910

58,632,209

78,631,552

72,029,102

52,190,551 56,328,824 9,591,310 18,163,472 13,391,867

54,216,578 58,784,050 9,686,669 23,582,188 12,616,110

56,950,061 61,130,021 10,011,215 23,938,373 10,669,680

2,380,774

2,399,536

2,838,356

4,386,946 156,433,744

7,538,237 168,823,368

4,086,812 169,624,518

215,065,953

247,454,920

241,653,620

$ (217,156,093)

$ (202,256,820)

$ (230,228,109)