CAFR 2017

-35- Exhibit A-15

Statement of Net Position Component Units June 30, 2017

Greensboro

Greensboro

Greensboro

Total

Greensboro Housing Dev. Partnership

Redevelopment

Transit

ABC

Component

ASSETS

Commission

Authority

Board

Units

Cash and Cash Equivalents/Investments

$

62,478

$

31,149

$

6,221,534

$

3,685,112

$

10,000,273

Receivables, Net Taxes

535,095

535,095 15,742

Accounts, Notes and Mortgages

9,932

5,810

Intergovernmental

33,321

4,552,300 929,755 414,014

4,585,621 929,755 3,460,998 249,694 5,394,601 12,529,411

Interest

Inventories

3,046,984 141,694

Miscellaneous

108,000 3,096,890 2,297,461

Assets Held for Resale

2,297,711

Long-Term Note Receivable

10,231,950

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

269,157

269,157

Receivables, (Net): Intergovernmental

31,875

31,875

Capital Assets:

Non-Depreciable: Land

2,923,192

1,784,586

4,707,778

Construction in Progress

93,577

93,577

Depreciable: Land Improvements

95,355 (15,798)

95,355 (15,798)

Accumulated Depreciation

Buildings

37,760,053 (10,068,806)

4,775,422 (1,114,040) 515,719 (417,108) 2,462,237 (1,761,632)

42,535,475 (11,182,846)

Accumulated Depreciation

Improvements Other than Buildings

9,805

525,524 (419,805)

Accumulated Depreciation

(2,697)

26,646,700 (16,125,897)

Furniture, Fixtures, Machinery and Equipment

24,184,463 (14,364,265)

Accumulated Depreciation

Intangible Asset - Software and Licenses

123,880 (17,697)

123,880 (17,697)

Accumulated Amortization

Total Assets

2,360,189

5,566,821

63,916,674

13,124,784

84,968,468

DEFERRED OUTFLOW OF RESOURCES Current Year Pension Contributions

182,569 525,841 708,410

182,569 525,841 708,410

Pension Deferrals

Total Deferred Outflow of Resources

LIABILITIES

Accounts Payable

49,106

2,631,377

2,680,483 1,350,840 123,900 827,107

Contracts/Retainage Payable

1,350,840

Note Payable

123,900 827,107 77,631

Due to Primary Government

Miscellaneous

77,631

Liabilities Payable from Restricted Assets: Contracts/Retainage Payable

22,817

22,817

Noncurrent Liabilities: Due Within One Year:

Compensated Absences Due in More Than One Year: Note Payable Compensated Absences

51,341

51,341

2,358,211

1,885,754

4,243,965

1,890

1,890

Unearned Revenue

2,297,461

2,297,461 411,190 864,003 12,952,628

Miscellaneous

411,190 864,003

Net Pension Obligation

Total Liabilities

2,358,211

2,297,461

1,475,994

6,820,962

NET POSITION

Net Investment in Capital Assets

40,721,062

4,235,530

44,956,592

Restricted for:

3,096,890 278,215 143,299 1,383,112 22,866,142 72,724,250

Assets Held for Resale

3,096,890

Capital Projects

278,215

Neighborhood Development

1,978

141,321

Greensboro ABC Board Working Capital

1,383,112 1,393,590 7,012,232

Unrestricted

31,149

21,441,403 62,440,680

Total Net Position

$

1,978

$

3,269,360

$

$

$

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