Summary of Adopted FY 2010-11 Budget

Appropriated Funds
Summary of Revenues, Expenditures, and Changes in Fund Balances

Actual Adopted Amended Proposed Change vs. Adopted

FY 2008-09 FY 2009-10 FY 2009-10 FY 2010-11 $ %

SUMMARY OF ALL APPROPRIATED FUNDS

Revenues & Other Sources of Funds

Property Taxes (Current & Prior) $ 333,722,985 $ 337,162,876 $ 337,162,876 $ 336,370,036 $ (792,840) -0.2%
Federal & State Funds $ 104,460,867 $ 98,913,634 $ 103,742,396 $ 102,320,539 $ 3,406,905 3.4%
Sales Tax $ 72,903,563 $ 66,351,003 $ 66,351,003 $ 59,950,000 $ (6,401,003) -9.6%
User Charges $ 39,981,539 $ 38,759,856 $ 38,146,486 $ 38,039,881 $ (719,975) -1.9%
Other $ 36,297,520 $ 23,405,701 $ 23,615,682 $ 12,922,911 $ (10,482,790) -44.8%
TOTAL Revenues $ 587,366,473 $ 564,593,070 $ 569,018,443 $ 549,603,367 $ (14,989,703) -2.7%

Expenditures & Other Uses of Funds

Category
Personnel Services $ 173,070,428 $ 176,063,265 $ 176,092,968 $ 174,100,171 $ (1,963,094) -1.1%
Operating Expenses $ 293,936,232 $ 297,808,993 $ 305,339,441 $ 292,362,458 $ (5,446,535) -1.8%
Human Services Assistance $ 43,187,643 $ 35,649,623 $ 38,130,692 $ 35,501,507 $ (148,116) -0.4%
Debt $ 49,250,147 $ 77,813,276 $ 77,933,102 $ 77,015,664 $ (797,612) -1.0%
Capital Outlay $ 14,491,817 $ 24,010,165 $ 24,683,464 $ 7,319,543 $ (16,690,622) -69.5%
TOTAL Expenditures $ 573,936,267 $ 611,345,322 $ 622,179,667 $ 586,299,343 $ (25,045,979) -4.1%

Functional Area
General Government $ 22,566,834 $ 25,902,361 $ 26,012,403 $ 25,971,379 $ 69,018 0.3%
Education (includes school debt) $ 230,481,827 $ 252,361,641 $ 252,361,641 $ 249,929,151 $ (2,432,490) -1.0%
Human Services $ 170,734,922 $ 164,263,232 $ 169,348,019 $ 159,533,628 $ (4,729,604) -2.9%
Public Safety $ 97,647,671 $ 99,571,677 $ 102,534,382 $ 98,012,929 $ (1,558,748) -1.6%
Support Services $ 24,011,931 $ 35,409,298 $ 36,116,464 $ 20,088,413 $ (15,320,885) -43.3%
Community Services $ 13,806,551 $ 15,967,267 $ 17,817,086 $ 13,259,119 $ (2,708,148) -17.0%
Debt $ 14,686,531 $ 17,869,846 $ 17,989,672 $ 19,504,724 $ 1,634,878 9.1%
TOTAL Expenditures $ 573,936,267 $ 611,345,322 $ 622,179,667 $ 586,299,343 $ (25,045,979) -4.1%

Excess (deficiency) of revenues over $ 13,430,206 $ (46,752,252) $ (53,161,224) $ (36,695,976) $ 10,056,276 -21.5%

Beginning Fund Balance $ 167,605,433 $ 181,035,639 $ 181,035,639 $ 127,874,415 $ (53,161,224) -29.4%

Ending Fund Balance* $ 181,035,639 $ 134,283,387 $ 127,874,415 $ 91,178,439 $ (43,104,948) -32.1%

*Note: Not all fund balance is "spendable" and available for appropriation.

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 Summary of Adopted FY 2010-11 Budget
Appropriated Funds
Summary of Revenues, Expenditures, and Changes in Fund Balances

Actual Adopted Amended Proposed Change vs. Adopted

FY 2008-09 FY 2009-10 FY 2009-10 FY 2010-11 $ %

GENERAL FUND

The General Fund is the County's primary operating fund. It accounts for all financial resources of the general government, except those
required to be accounted for in another fund. Most county services are accounted for in this fund.

Revenues & Other Sources of Funds

Property Taxes (Current & Prior) $ 324,164,020 $ 327,800,000 $ 327,800,000 $ 326,908,523 $ (891,477) -0.3%
Federal & State Funds $ 104,460,867 $ 98,913,634 $ 103,742,396 $ 102,320,539 $ 3,406,905 3.4%
Sales Tax $ 70,445,947 $ 64,265,000 $ 64,265,000 $ 58,250,000 $ (6,015,000) -9.4%
User Charges $ 39,981,539 $ 38,759,856 $ 38,146,486 $ 38,039,881 $ (719,975) -1.9%
Investment Earnings $ 5,823,122 $ 3,220,000 $ 3,220,000 $ 2,507,500 $ (712,500) -22.1%
Other (includes Transfers In) $ 21,976,922 $ 10,018,412 $ 10,228,393 $ 6,873,447 $ (3,144,965) -31.4%
TOTAL Revenues $ 566,852,416 $ 542,976,902 $ 547,402,275 $ 534,899,890 $ (8,077,012) -1.5%

Expenditures & Other Uses of Funds

Category
Personnel Services $ 173,070,428 $ 176,063,265 $ 176,092,968 $ 174,100,171 $ (1,963,094) -1.1%
Operating Expenses $ 277,252,516 $ 282,266,976 $ 289,797,424 $ 277,012,579 $ (5,254,397) -1.9%
Debt Payments $ 49,250,147 $ 77,813,276 $ 77,933,102 $ 77,015,664 $ (797,612) -1.0%
Human Services Assistance $ 43,187,643 $ 35,649,623 $ 38,130,692 $ 35,501,507 $ (148,116) -0.4%
Capital Outlay $ 6,134,063 $ 14,317,792 $ 14,991,091 $ 5,270,079 $ (9,047,713) -63.2%
TOTAL Expenditures $ 548,894,797 $ 586,110,932 $ 596,945,277 $ 568,900,000 $ (17,210,932) -2.9%

Functional Area
Education & School Debt $ 230,481,827 $ 252,361,641 $ 252,361,641 $ 249,929,151 $ (2,432,490) -1.0%
Human Services $ 170,734,922 $ 164,263,232 $ 169,348,019 $ 159,533,628 $ (4,729,604) -2.9%
Public Safety $ 85,000,446 $ 87,724,576 $ 90,687,281 $ 86,663,050 $ (1,061,526) -1.2%
Debt (Non-School) $ 14,686,531 $ 17,869,846 $ 17,989,672 $ 19,504,724 $ 1,634,878 9.1%
Support Services $ 15,654,177 $ 25,716,925 $ 26,424,091 $ 18,038,949 $ (7,677,976) -29.9%
General Government $ 22,566,834 $ 25,902,361 $ 26,012,403 $ 25,971,379 $ 69,018 0.3%
Community Services $ 9,770,060 $ 12,272,351 $ 14,122,170 $ 9,259,119 $ (3,013,232) -24.6%
TOTAL Expenditures $ 548,894,797 $ 586,110,932 $ 596,945,277 $ 568,900,000 $ (17,210,932) -2.9%

Excess (deficiency) of revenues over

expenditures $ 17,957,619 $ (43,134,030) $ (49,543,002) $ (34,000,110) $ 9,133,920 -21.2%

Beginning Fund Balance $ 127,240,161 $ 145,197,780 $ 145,197,780 $ 95,654,778 $ (49,543,002) -34.1%

Ending Fund Balance* $ 145,197,780 $ 102,063,750 $ 95,654,778 $ 61,654,668 $ (40,409,082) -39.6%

*Note: Not all fund balance is "spendable" and available for appropriation.

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 Summary of Adopted FY 2010-11 Budget
Appropriated Funds
Summary of Revenues, Expenditures, and Changes in Fund Balances

Actual Adopted Amended Proposed Change vs. Adopted

FY 2008-09 FY 2009-10 FY 2009-10 FY 2010-11 $ %

COUNTY BUILDING CONSTRUCTION FUND

The County Building Construction Fund reflects transactions associated with the financing and construction of certain capital assets and
improvements.

Revenues & Other Sources of Funds

Capital-Related Debt Issued $ 9,500,000 $ - $ - $ - $ - --
Investment Earnings $ 768,155 $ - $ - $ - $ - --
Other/Transfer from General Fund $ 12,410 $ 9,692,373 $ 9,692,373 $ 2,049,464 $ (7,642,909) -78.9%
TOTAL Revenues $ 10,280,565 $ 9,692,373 $ 9,692,373 $ 2,049,464 $ (7,642,909) --

Expenditures & Other Uses of Funds

Capital Outlay - Project Expend. $ 7,857,754 $ - $ - $ - $ - --
Reserve for Future Projects $ - $ 9,692,373 $ 9,692,373 $ 2,049,464 $ (7,642,909) -78.9%
Other - Transfers Out $ 500,000 $ - $ - $ - $ - --
TOTAL Expenditures $ 8,357,754 $ 9,692,373 $ 9,692,373 $ 2,049,464 $ (7,642,909) -78.9%

Excess (deficiency) of revenues over

expenditures $ 1,922,811 $ - $ - $ - $ - --

Beginning Fund Balance $ 38,113,717 $ 40,036,528 $ 40,036,528 $ 40,036,528 $ - 0.0%

Ending Fund Balance* $ 40,036,528 $ 40,036,528 $ 40,036,528 $ 40,036,528 $ - 0.0%
*Note: Not all fund balance is "spendable" and available for appropriation.

RURAL FIRE DISTRICTS FUND

Transactions relating to the operation of the Fire Protection Districts in the County are reflected in these individual funds. Each district is
funded, in large part, from a special district tax levied on the property in the district, with the proceeds of that tax dedicated for use in that
district. The Board of Commissioners with the adoption of the Budget Ordinance establishes the tax rate for each district annually. The
districts also receive funding from their share of the local option sales taxes levied by the County.

All funds are consolidated here. For information about a specific district, please refer to the Other Funds section of this document.

Revenues & Other Sources of Funds

Property Taxes $ 9,558,965 $ 9,362,876 $ 9,362,876 $ 9,461,513 $ 98,637 1.1%
Sales Taxes $ 2,457,616 $ 2,086,003 $ 2,086,003 $ 1,700,000 $ (386,003) -18.5%
Other $ 3,542 $ - $ - $ - $ - --
TOTAL Revenues $ 12,020,123 $ 11,448,879 $ 11,448,879 $ 11,161,513 $ (287,366) -2.5%

Expenditures & Other Uses of Funds

Operating $ 12,647,225 $ 11,847,101 $ 11,847,101 $ 11,349,879 $ (497,222) -4.2%
TOTAL Expenditures $ 12,647,225 $ 11,847,101 $ 11,847,101 $ 11,349,879 $ (497,222) -4.2%

Excess (deficiency) of revenues over

expenditures $ (627,102) $ (398,222) $ (398,222) $ (188,366) $ 209,856 -52.7%

Beginning Fund Balance $ 2,251,555 $ 1,624,453 $ 1,624,453 $ 1,226,231 $ (398,222) -24.5%

Ending Fund Balance* $ 1,624,453 $ 1,226,231 $ 1,226,231 $ 1,037,865 $ (188,366) -15.4%
*Note: Not all fund balance is "spendable" and available for appropriation.
Note: A decline in property tax and sales tax revenues in FY 2010 will require a high level of appropriated fund balance to maintain fire
district budgets during the year. The expected use of nearly all of the budgeted amount will result in a significant decline in the amount
available for future appropriations.

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 Summary of Adopted FY 2010-11 Budget
Appropriated Funds
Summary of Revenues, Expenditures, and Changes in Fund Balances

Actual Adopted Amended Proposed Change vs. Adopted

FY 2008-09 FY 2009-10 FY 2009-10 FY 2010-11 $ %

ROOM OCCUPANCY AND TOURISM DEVELOPMENT FUND

The Greensboro/Guilford County Tourism Development Authority ("Authority") is a public authority created to promote activities and programs
which encourage travel and tourism to the area. Guilford County levies the occupancy tax which is the major sources of revenues for the
Authority. The Room Occupancy and Tourism Development Fund accounts for the receipt and transfer of occupancy tax revenues to the
Authority.

Revenues & Other Sources of Funds

Other - Occupancy Tax $ 4,036,491 $ 3,694,916 $ 3,694,916 $ 4,000,000 $ 305,084 8.3%
TOTAL Revenues $ 4,036,491 $ 3,694,916 $ 3,694,916 $ 4,000,000 $ 305,084 8.3%

Expenditures & Other Uses of Funds

Operating $ 4,036,491 $ 3,694,916 $ 3,694,916 $ 4,000,000 $ 305,084 8.3%
TOTAL Expenditures $ 4,036,491 $ 3,694,916 $ 3,694,916 $ 4,000,000 $ 305,084 8.3%

Excess (deficiency) of revenues over

expenditures $ - $ - $ - $ - $ - 0.0%

Beginning Fund Balance $ - $ - $ - $ - $ - 0.0%

Ending Fund Balance* $ - $ - $ - $ - $ - 0.0%
*Note: Not all fund balance is "spendable" and available for appropriation.

INTERNAL SERVICES (Financial Plan, not included in All Funds Summary above)

The Internal Services Fund accounts for risk management services provided to other departments of the County on a cost
reimbursement basis.

Expenditures
Risk Retention - Liability, Property, WC:
Personnel Services $ 323,013 $ 343,092 $ 343,092 $ 209,381 $ (133,711) -39.0%
Operating $ 1,724,434 $ 2,078,029 $ 2,384,362 $ 1,968,757 $ (109,272) -5.3%
$ 2,047,447 $ 2,421,121 $ 2,727,454 $ 2,178,138 $ (242,983) -10.0%
Health Care & Wellness
Operating $ 29,901,893 $ 31,350,705 $ 31,350,706 $ 33,105,128 $ 1,754,423 5.6%
TOTAL Expenditures $ 31,949,340 $ 33,771,826 $ 34,078,160 $ 35,283,266 $ 1,511,440 4.5%

Revenues
User Charges $ 31,890,043 $ 31,350,705 $ 31,350,705 $ 34,452,617 $ 3,101,912 9.9%
Other $ 144,473 $ - $ 250,000 $ - $ - --
$ 32,034,516 $ 31,350,705 $ 31,600,705 $ 34,452,617 $ 3,101,912 9.9%

TOTAL Revenues $ 32,034,516 $ 31,350,705 $ 31,600,705 $ 34,452,617 $ 3,101,912 9.9%

Operating Gain $ 85,176 $ (2,421,121) $ (2,477,455) $ (830,649) $ 1,590,472 -65.7%

Interest Income $ 787,046 $ 768,000 $ 768,000 $ 156,000 $ (612,000) -79.7%

Change in Net Assets $ 872,222 $ (1,653,121) $ (1,709,455) $ (674,649) $ 978,472 -59.2%

Beginning Net Assets $ 29,759,139 $ 30,631,361 $ 30,631,361 $ 28,921,906 $ (1,709,455) -5.6%

Ending Net Assets $ 30,631,361 $ 28,978,240 $ 28,921,906 $ 28,247,257 $ (730,983) -2.5%

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