COG Comprehensive Annual Financial Report

-3-

City of Greensboro Statement of Net Position

Exhibit A-1 Page 1of 2

June 30, 2018

Primary Government

Governmental

Business-Type

Component

ASSETS

Activities

Activities

Total

Units

Cash and Cash Equivalents/Investments

$ 140,894,648

$

73,971,929

$

214,866,577

$

9,087,959

Receivables, Net Taxes

4,126,022 27,900,755

4,126,022 47,381,741

461,601 28,846

Accounts, Notes and Mortgages

19,480,986

Assessments

10,667 1,375

10,667 1,375

Rent

Intergovernmental

29,206,682

948,487 225,944

30,155,169

4,660,166

Interest

447,553 709,014

673,497 709,014

881,972

Real Estate Foreclosed

Internal Balances

(7,196,577)

7,196,577

Due from Component Unit

592,688

592,688

Inventories

1,877,029

4,683,355

6,560,384

4,288,541

Miscellaneous

194,171 695,180

13,986

208,157 695,180

197,101

Assets Held for Resale

5,347,601

Self-Funded Retention Deposits Long-Term Note Receivable

16,012,132

16,012,132

271,316

271,316

11,921,920

Restricted Assets: Temporarily Restricted: Cash and Cash Equivalents/Investments

27,864,356

120,603,010

148,467,366

1,396,218

Receivables, (Net): Accounts, Notes and Mortgages

790,076

790,076 545,906 850,724 207,600

Assessments

545,906 850,724 207,600

Intergovernmental

888,195

Interest

2,463

Permanently Restricted: Cash and Cash Equivalents/Investments

2,482,011

2,482,011

Capital Assets, Net Non-Depreciable: Land

99,422,043 13,419,839

53,330,398 117,478,293 23,931,325 49,966,630 (24,596,674) 316,183,597 (150,039,118) 9,973,484 (5,693,806) 76,478,067 (39,046,481) 735,742,903 (333,801,400) 95,765,260 (19,288,666) 1,135,383,632

152,752,441 130,898,132 23,931,325 95,641,606 (46,457,083) 504,323,449 (236,958,032) 10,067,484 (5,703,206) 248,417,131 (153,735,097) 1,070,007,062 (489,045,183) 100,006,103 (23,488,974) 1,856,264,760

3,455,192

Construction in Progress Intangible Assets - Easements

257,096

Depreciable: Land Improvements

45,674,976 (21,860,409) 188,139,852 (86,918,914)

93,333

Accumulated Depreciation

(18,646)

Buildings

39,518,018 (10,747,750)

Accumulated Depreciation

Improvements Other than Buildings

94,000 (9,400)

531,010 (450,552)

Accumulated Depreciation

Furniture, Fixtures, Machinery and Equipment

171,939,064 (114,688,616) 334,264,159 (155,243,783) 4,240,843 (4,200,308) 720,881,128

27,702,958 (17,017,458)

Accumulated Depreciation

Infrastructure

Accumulated Depreciation

Intangible Assets

136,305 (37,465)

Accumulated Amortization

Total Assets

82,584,624

DEFERRED OUTFLOWS OF RESOURCES Unamortized Bond Refunding Charges

912,288

4,338,939 2,792,493 1,956,902

5,251,227 18,111,784 13,635,144

Pension Deferrals

15,319,291 11,678,242

277,696 185,208

Current Year Pension Contributions

Accumulated Decrease in Fair Value of Hedging Derivatives

136,592

136,592

Total Deferred Outflows of Resources

28,046,413

9,088,334

37,134,747

462,904

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