FY 2017-18 FINAL ADOPTED BUDGET

Fund

Capital Leasing Fund

Fund

Graphic Services

Technical Services

Fund

Guilford Metro

Communications

Internal

Fund

Fund

Service Funds

Used to account for the financing of goods or services provided by one department or agency of government to others within the government on a cost-reimbursement basis.

Network Services/

Equipment Service

Telecommunications

Risk Retention Funds

Management Fund

Management Fund

Fund

Solid Waste

Stormwater

War Memorial

Coliseum Complex

Enterprise Funds

Fund

Fund

Fund

Used to account for activities that are financed and operated in a manner similar to private business enterprises.

Parking Facilities

Transit Authority

Water Resources

Greensboro Area

Debt Service Fund

City of

long-term debt.

Greensboro

Budgeting Funds

Used to account for resources dedicated to the payment of

principal and interest on general

Fund

Emergency

Nussbaum House Partnership

State Highway

Revolving Fund

Allocation Fund

Telephone System

BUDGET FUND STRUCTURE

sources.

Special Revenue Funds

Economic

Development Fund

Cemeteries Fund

Occupancy Tax Fund

Hotel/Motel

Municipal Service Districts Fund

Account for the proceeds of specific revenue

General Fund – The General Fund is used to provide for basic City services and day to day operations. Major activities include police, fire, transportation, parks and recreation and field operations (refuse collection). The General Fund accounts for all resources not otherwise required by state law or local ordinance to be accounted for in a separate fund. General Fund revenues primarily consist of property taxes, sales taxes, intergovernmental revenue and various licenses, permits and other user fees. Water Resources Fund – The Water Resources Fund is used to account for the provision of water and sewer services to customers in the available service area. All activities necessary to provide these services are accounted for in this fund, including water treatment and distribution, wastewater treatment and discharge, infrastructure maintenance and debt service. Solid Waste Management Fund – The Solid Waste Management Fund is used to account for the provision of waste disposal and recycling operations of the City, including the Burnt Poplar Road Waste Transfer Station and the White Street Landfill. War Memorial Coliseum Complex Fund – The War Memorial Coliseum Complex Fund is used to account for the operation of the Coliseum entertainment complex, including the Arena, Special Events Center, Pavilion, Fieldhouse, White Oak Amphitheatre and Greensboro Aquatic Center. MAJOR FUND DESCRIPTIONS:

Fire

Police

Transportation

Parks and Recreation Field Operations

General Government

General Fund

day operations, including:

Provides basic City services and day-to-

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