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HUDSON CITY SCHOOL DISTRICT
                                                    SUMMIT COUNTY, OHIO

                                                NET POSITION BY COMPONENT
                                                    LAST TEN FISCAL YEARS

                                             (ACCRUAL BASIS OF ACCOUNTING)

                                             2016               2015                  2014            2013                    2012

Governmental activities                      $ 39,524,689       $ 38,781,982       $ 36,460,488       $ 33,552,876      $ 23,427,664
   Net investment in capital assets                 2,167,394          2,510,271          3,842,694          4,604,254         6,910,143
   Restricted                                                                                               10,365,649        10,747,276
   Unrestricted (deficit)                         (57,583,840)       (62,406,391)       (69,963,967)
                                             $ (15,891,757)     $ (21,114,138)     $ (29,660,785)     $ 48,522,779      $ 41,085,083
Total governmental activities net position
                                             $ 114,896 $            17,732         $  (87,398) $      734,376           $  614,762
Business-type activities                     $ 114,896 $            17,732         $  (87,398) $      734,376           $  614,762
   Unrestricted (deficit)
                                             $ 39,524,689       $ 38,781,982       $ 36,460,488       $ 33,552,876      $ 23,427,664
Total business-type activities net position         2,167,394          2,510,271          3,842,694          4,604,254         6,910,143
                                                                                                            11,100,025        11,362,038
Primary government                                (57,468,944)       (62,388,659)       (70,051,365)
   Net investment in capital assets          $ (15,776,861)     $ (21,096,406)     $ (29,748,183)     $ 49,257,155      $ 41,699,845
   Restricted
   Unrestricted (deficit)

Total primary government net position

Source: School District financial records.

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