133 / 373
38y
3. Interfund Transfers:
Non-Major
Internal
General
Governmental
Service
Fund
Funds
Funds
Transfers From:
(30,077,668)
$
(10,600,209)
$
(408,503)
$
Transfers To:
General Fund
$
6,886,642
$
53,000
$
Debt Service Fund
18,272,570
Non-major Governmental Funds
2,779,307
2,656,249
300,000
Enterprise Funds:
War Memorial Coliseum
2,500,000
1,057,318
Solid Waste Management
1,805,777
Internal Service Funds
4,720,014
55,503
Total
30,077,668
$
10,600,209
$
408,503
$
Water
Stormwater
Resources
Management
Fund
Fund
Total
Transfers From:
(1,025,000)
$
(687,600)
$
(42,798,980)
$
Transfers To:
General Fund
$
$
6,939,642
$
Debt Service Fund
18,272,570
Non-Major Governmental Funds
1,025,000
687,600
7,448,156
Enterprise Funds:
War Memorial Coliseum
3,557,318
Solid Waste Management
1,805,777
Internal Service Funds
4,775,517
Total
1,025,000
$
687,600
$
42,798,980
$
Transfers are used to move unrestricted revenues to finance various programs that the government must account for in other funds
in accordance with budgetary authorizations, including amounts provided as matching funds for various grant programs.
The Greensboro ABC Board transferred $3,634,041 to the General Fund in Fiscal Year 2016, which was recorded as
Intergovernmental Revenue.
The Greensboro Transit Authority transferred $17,670 to the State and Federal Grants fund in Fiscal Year 2016, which was
recorded as an expense in the GTA Fund and revenue to the State and Federal Grants Fund.