Greensboro

Overview


Socioeconomic Data
Population 285,342
Employment 133,882
Unemployment Rate 5.7%  (42 of 116)
Zillow Home Value Index $121,800  (91 of 116)
Government-Wide Revenues and Expenses
General Revenues $238,989,934
Capital Grants and Contributions $7,495,564
Charges For Services $192,009,571
Operating Grants and Contributions $21,502,466
Total Revenues $459,997,535
Total Expenditures $410,653,910
Change in Net Assets $49,343,625
Actuarially Determined Pension Contributions $13,126,407
Pension Contributions Actually Made $13,126,407
Government-Wide Position
Current Assets $420,706,882
Total Assets $1,606,448,096
Current Liabilities $51,397,933
Long Term Debt $507,295,355
Total Net Position $356,660,390
Unrestricted Net Position $56,751,213

Revs and Exps


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Surplus / (Deficit) General Fund Other Funds Total Gov. Funds
Surplus(deficit) $  27,199,433 $  (19,768,594) $  7,430,839
Revenues
Total Revenues $  255,354,064 $  37,841,089 $  293,195,153
Taxes 193,864,510 7,709,114 201,573,624
Intergovernmental revenues 32,545,134 22,486,032 55,031,166
Charges for services 17,179,366 4,716,992 21,896,358
Licenses and permits 6,803,591 0 6,803,591
Other Revenues 2,750,025 1,466,310 4,216,335
Investment income 0 1,461,231 1,461,231
Fines and forfeits 0 10,064,000 0
Fines and Fees 2,211,438 0 2,211,438
FUND BALANCE AT END OF YEAR $  66,911,414 $  57,130,905 $  124,042,319
Expenditures
Total Expenditures $  228,154,631 $  57,609,683 $  285,764,314
Public safety 121,032,618 4,422,157 125,454,775
Culture, parks and recreation 26,197,997 4,251,112 30,449,109
Public Ways, Highways and Streets 9,270,093 12,157,593 21,427,686
General government 20,353,353 684,578 21,037,931
Principal 0 14,483,519 14,483,519
Interest 0 6,396,076 6,396,076

Metrics


General Fund Balance Ratio 29.33%  (37 of 116)
Debt to Revenue Ratio 110.28%  (86 of 116)
Pension ADC to Revenue Ratio 2.85%  (101 of 116)
Annual Change in Home Prices 2.44%  (102 of 116)
Annual Change in Unemployment Rate (0.4%)  (21 of 116)
Fiscal Health Score 84  (21 of 116)
Implied Credit Rating AAA