2024 Annual Comprehensive Report

-5 Exhibit A-2 Page 1 of 2

City of Greensboro Statement of Activities For the Fiscal Year Ended June 30, 2024

Program Revenues Operating

Capital

Charges for Services

Grants and Contributions

Grants and Contributions

Expenses

Functions/Programs Primary Government: Governmental Activities: General Government

$

48,124,557 212,097,873 32,764,910 18,804,568 38,650,807 13,725,565 46,887,185 19,687,169 8,433,360 4,533,324 11,998,482

$

12,628,894 7,050,044 1,773,773 4,728,182 9,845,552 3,104,840 330,243

$

140,493 3,239,830 808,710

$

755,043 7,875,131

Public Safety Transportation

Engineering and Building Maintenance

Field Operations

9,132,820

8,811,326 70,000 419,150 6,511,667

Environmental Services Culture and Recreation Neighborhood Development Economic Opportunity ARPA-Enabled Projects Interest, Fees on Long-Term Debt

2,196,056 5,242,720 3,914,042

87,114

Total Governmental Activities

455,707,800

39,548,642

24,674,671

24,442,317

Business-Type Activities: Water Operations Sewer Operations Stormwater Management Coliseum Operations Solid Waste Management

74,028,228 72,747,091 13,453,069 86,533,583 22,017,457 35,729,694 8,180,046

74,649,463 78,120,660 10,132,483 76,008,417 14,167,483 2,405,577 3,402,630

1,132,328 1,132,328

1,708,738

Greensboro Transit Advisory Commission

7,633,876

2,452,433

Parking Facilities

Total Business-Type Activities

312,689,168

258,886,713

7,633,876

6,425,827

Total Primary Government

$ 768,396,968

$ 298,435,355

$

32,308,547

$

30,868,144

Component Units: Component Units

$

59,383,670

$

63,089,949

$

1,298,798 $

General Revenues: Property Tax

Local Option Sales Tax Vehicle Gross Receipts Tax Motor Vehicle Tax Hotel/Motel Occupancy Tax Electric Utility Sales Tax

Piped Natural Gas Sales Tax Telecommunications Sales Tax Beer and Wine Tax ABC Profit Distribution-unrestricted Intergovernmental - unrestricted Investment Income Miscellaneous Total General Revenues Transfers In (Out) Total General Revenues Including Transfers Change in Net Position

Net Position - July 1 Net Position - June 30

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