243 / 373
-107-
Enterprise Funds
Water Resources Fund
The Water Resources Fund provides services to over 104,158 customers and is designed to be self-supporting.
Revenues are sufficient to meet the operating expenses and to provide funds for water and sewer line construction.
These revenues are also used to provide for principal and interest on all water and sewer debt. Continued expansion
of the water and sewer system has been necessary to provide for the increase in residential, commercial and
industrial requirements. Combined Enterprise System Revenue bonds outstanding are recorded in this fund.
Stormwater Management Fund
This fund was established to account for the federally mandated program of stormwater system management, which
is supported by a citywide stormwater fee.
War Memorial Coliseum Fund
This fund administers monies necessary for the operation of the complex responsible for bringing top artists in the
entertainment, educational and sports fields to Greensboro. The Coliseum Complex consists of an arena with a
seating capacity of 21,800, the 302-seat Odeon Theatre, the 167,000-square foot Special Events Center that includes
three exhibition halls, a 4,500-seat mini-arena and eight meeting rooms, the 40,000 square-foot Swarm Fieldhouse
with a seating capacity of 2,200, the ACC Hall of Champions, the Terrace Banquet Facility, the White Oak
Amphitheatre with a seating capacity of 7,688, and the state-of-the-art Greensboro Aquatic Center with a seating
capacity of 2,500.
Solid Waste Management Fund
This fund accounts for waste disposal and recycling operations of the City, as well as solid waste landfill
improvements. Special Obligation Bonds outstanding are recorded in this fund.
Parking Facilities Fund
This fund accounts for revenues and expenses related to City-owned parking garages, lots and curbside parking
spaces. The City currently operates four parking garages providing over 2,800 parking spaces in the Center City
area.