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HUDSON CITY SCHOOL DISTRICT
SUMMIT COUNTY, OHIO

CHANGES IN NET POSITION - (Continued)
LAST TEN FISCAL YEARS

(ACCRUAL BASIS OF ACCOUNTING)

General Revenues and Other Changes in 2016 2015 2014 2013 2012
Net Position
Governmental activities: $ 41,995,699 $ 42,824,517 $ 44,934,135 $ 38,656,261 $ 36,431,621
Property taxes levied for:
General purposes - 139,736 1,237,233 2,138,611 2,116,209
Debt service
Capital outlay 1,225,365 1,266,821 1,319,845 1,128,041 1,132,961
Payments in lieu of taxes
Grants and entitlements not restricted 472,588 984,788 515,367 349,063 314,000
to specific programs
Investment earnings 18,019,970 18,210,293 17,664,962 19,104,616 19,770,571
Miscellaneous 30,630 125,658 62,124 58,911 174,389
Special item 270,980 194,817 215,507 251,152
Total governmental activities 324,742 - - - 511,000
-
Business-type activities: 63,822,793 65,928,483 61,651,010 60,701,903
Grants not restricted to specific programs 62,068,994

Total business-type activities 48,212 50,644 49,354 44,407 -
48,212 50,644 49,354 44,407 -
Total primary government
$ 62,117,206 $ 63,873,437 $ 65,977,837 $ 61,695,417 $ 60,701,903
Change in Net Position
Governmental activities $ 5,222,381 $ 8,546,647 $ 12,087,199 $ 7,437,696 $ 3,278,669
Business-type activities 119,614 $ 145,334
Total primary government 97,164 105,130 106,406
7,557,310 3,424,003
Source: School District financial records. $ 5,319,545 $ 8,651,777 $ 12,193,605 $

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