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Exhibit A-4
Total fund balances - governmental funds
135,113,495
$
Amounts reported for governmental activities in the Statement of Net Position
are different because:
Capital assets used in governmental activities are not financial resources
and, therefore, are not reported in the funds.
371,416,656
Net pension obligation - LGERS.
(9,476,836)
Contribution to the LGERS pension plan in the current fiscal year are
Deferred Outflows of Resources on the Statement of Net Position.
7,950,140
Internal service funds are used by management to charge the costs of
equipment services, technical services, information services,
metro communications, graphic services, employee risk retention, general risk
retention and capital leasing to individual funds. The assets and
liabilities of the internal service funds are included in governmental
activities in the statement of net position.
79,258,125
Earned revenues considered deferred inflows of resources and unearned revenues
in fund statements due to "availability" criteria.
7,331,424
Long-term liabilities included in net position (includes the addition
of long-term debt and principal payments during the year.)
(226,709,323)
Pension related deferrals.
(5,302,902)
Miscellaneous adjustments to net position includes investment income
receivable not reported in the governmental funds.
254,223
Net position of governmental activities
359,835,002
$
City of Greensboro
Reconciliation of the Balance Sheet of Governmental Funds
To the Statement of Net Position
June 30, 2016
The notes to the financial statements are an integral part of this statement.