CAFR 2017

-3- Exhibit A-1 Page 1 of 2

City of Greensboro Statement of Net Position June 30, 2017

Primary Government

Governmental

Business-Type

Component

ASSETS

Activities

Activities

Total

Units

Cash and Cash Equivalents/Investments

$

131,715,957

$

80,931,371

$

212,647,328

$

10,000,273

Receivables, Net Taxes

4,607,769 28,786,780

4,607,769 45,887,557

535,095 15,742

Accounts, Notes and Mortgages

17,100,777

Assessments

16,313

16,313

Rent

1,400

1,400

Intergovernmental

26,856,516

838,340 226,983

27,694,856

4,585,621

Interest

408,525 736,841

635,508 736,841

929,755

Real Estate Foreclosed

Internal Balances

(7,326,235)

7,326,235

Due from Component Unit

827,107

827,107

Inventories

1,803,137

4,537,093

6,340,230

3,460,998

Miscellaneous

271,191 695,180

148,953

420,144 695,180

249,694

Assets Held for Resale

5,394,601

Self-Funded Retention Deposits Long-Term Note Receivable

16,461,099

16,461,099

265,319

265,319

12,529,411

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

23,977,788

83,240,938

107,218,726

269,157

Receivables, (Net): Accounts, Notes and Mortgages

1,078,540

1,078,540

Assessments

574,241 745,988 182,221

574,241 745,988 182,221

Intergovernmental

31,875

Interest

Permanently Restricted: Cash and Cash Equivalents/Investments

2,427,876

2,427,876

Capital Assets, Net Non-Depreciable: Land

93,667,366 18,712,261

50,796,943 67,331,199 23,207,825

144,464,309 86,043,460 23,207,825 90,782,272 (42,940,668) 495,609,949 (225,460,875) 10,082,483 (5,471,611) 255,571,717 (156,787,605) 1,034,499,070 (466,168,584) 98,845,200 (21,484,333) 1,750,256,852

4,707,778

Construction in Progress

93,577

Intangible Assets - Easements

Depreciable: Land Improvements

41,021,986 (20,021,689) 180,051,740 (80,987,439)

49,760,286 (22,918,979) 315,558,209 (144,473,436) 9,988,483 (5,464,561) 76,705,365 (36,696,293) 717,449,536 (317,657,009) 94,604,357 (17,316,084) 1,056,994,300

95,355

Accumulated Depreciation

(15,798)

Buildings

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

Accumulated Depreciation

Improvements Other than Buildings

94,000 (7,050)

525,524

Accumulated Depreciation

(419,805)

Furniture, Fixtures, Machinery and Equipment

178,866,352 (120,091,312) 317,049,534 (148,511,575) 4,240,843 (4,168,249) 693,262,552

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

Accumulated Depreciation

Infrastructure

Accumulated Depreciation

Intangible Assets

123,880 (17,697)

Accumulated Amortization

Total Assets

84,968,468

DEFERRED OUTFLOWS OF RESOURCES Unamortized Bond Refunding Charges

1,167,838 29,418,409 10,412,705

3,113,089 5,409,052 1,671,143

4,280,927 34,827,461 12,083,848

Pension Deferrals

525,841 182,569

Current Year Pension Contributions

Accumulated Decrease in Fair Value of Hedging Derivatives

318,402

318,402

Total Deferred Outflows of Resources

41,317,354

10,193,284

51,510,638

708,410

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