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Exhibit A-15
Statement of Net Position
Component Units
June 30, 2016
Greensboro
Greensboro
Greensboro
Greensboro
Total
Housing Dev.
Redevelopment
Transit
ABC
Component
ASSETS
Partnership
Commission
Authority
Board
Units
Cash and Cash Equivalents/Investments
60,405
$
32,146
$
1,743,949
$
4,668,007
$
6,504,507
$
Receivables, Net
Taxes
620,879
620,879
Accounts, Notes and Mortgages
77,214
3,473
80,687
Intergovernmental
31,141
9,006,592
9,037,733
Interest
974,487
974,487
Inventories
423,103
2,023,411
2,446,514
Miscellaneous
116,944
116,944
Assets Held for Resale
2,351,701
2,723,340
5,075,041
Long-Term Note Receivable
2,353,701
10,768,196
13,121,897
Restricted Assets:
Temporarily Restricted:
Cash and Cash Equivalents/Investments
36,555
36,555
Receivables, (Net):
Intergovernmental
118,127
118,127
Capital Assets:
Non-Depreciable:
Land
2,923,192
1,782,715
4,705,907
Depreciable:
Land Improvements
95,355
95,355
Accumulated Depreciation
(11,029)
(11,029)
Buildings
37,760,053
3,904,603
41,664,656
Accumulated Depreciation
(9,124,202)
(1,014,547)
(10,138,749)
Improvements Other than Buildings
9,805
464,112
473,917
Accumulated Depreciation
(2,451)
(371,143)
(373,594)
Furniture, Fixtures, Machinery and Equipment
26,145,908
2,256,566
28,402,474
Accumulated Depreciation
(14,595,466)
(1,581,429)
(16,176,895)
Intangible Asset - Software and Licenses
39,443
39,443
Accumulated Amortization
(26,295)
(26,295)
Total Assets
2,412,106
5,140,328
66,983,415
12,252,712
86,788,561
DEFERRED OUTFLOW OF RESOURCES
Current Year Pension Contributions
165,201
165,201
Total Deferred Outflow of Resources
165,201
165,201
LIABILITIES
Accounts Payable
80,017
1,992,856
2,072,873
Contracts/Retainage Payable
1,266,765
1,266,765
Note Payable
122,958
122,958
Due to Primary Government
968,875
968,875
Customer Deposits Payable
1,799
1,799
Miscellaneous
82,874
82,874
Liabilities Payable from Restricted Assets:
Accounts Payable
11,008
11,008
Contracts/Retainage Payable
3,621
3,621
Noncurrent Liabilities:
Due Within One Year:
Compensated Absences
46,980
46,980
Due in More Than One Year:
Note Payable
2,398,057
2,009,654
4,407,711
Compensated Absences
384
384
Unearned Revenue
2,353,701
700
2,354,401
Miscellaneous
361,232
361,232
Net Pension Obligation
187,148
187,148
Total Liabilities
2,398,057
2,353,701
1,411,274
5,725,597
11,888,629
DEFERRED INFLOW OF RESOURCES
Pension Deferrals
80,084
80,084
Total Deferred Inflow of Resources
80,084
80,084
NET POSITION
Net Investment in Capital Assets
43,214,313
5,440,877
48,655,190
Restricted for:
Assets Held for Resale
2,723,340
2,723,340
Capital Projects
140,053
140,053
Neighborhood Development
14,049
31,141
45,190
Unrestricted
32,146
22,217,775
1,171,355
23,421,276
Total Net Position
14,049
$
2,786,627
$
65,572,141
$
6,612,232
$
74,985,049
$
The notes to the financial statements are an integral part of this statement.