EzGreensboro News: City of Greensboro June Expenditures $48,837,155.33, Revenues $35,583,905.76 = Net Cost of Operations -$13,253,249.57, not counting Water Resources

Thursday, July 16, 2020

City of Greensboro June, 2020 Revenue was down -$6,553,788.24 year over year;

Source; City of Greensboro

Revenue fall; $42,137,694 - $35,583,905.76 = -$6,553,788.24

Expenditures above Revenues $48,837,155.33 - $35,583,905.76 = -$13,253,249.57

This year's June Revenue shortfall is $11,442,355.57 bigger than last year's

$13,253,249.57 - $1,810,894 = $11,442,355.57

The next budget, beginning on July, 1 2020 is $21.6 million more than 19-20;