Page 109 - Hudson City Schools CAFR 2017

HUDSON CITY SCHOOL DISTRICT
SUMMIT COUNTY, OHIO

COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS
JUNE 30, 2017

Total
Nonmajor Nonmajor Nonmajor Nonmajor
Special Revenue Debt Service Capital Projects Governmental
Funds Fund Funds Funds
Assets:
Equity in pooled cash
and investments . . . . . . . . . . . . . . . . $ 758,342 $ - $ 887,445 $ 1,645,787
Receivables:
Property taxes . . . . . . . . . . . . . . . . . - - 1,257,896 1,257,896
Intergovernmental . . . . . . . . . . . . . . . 345,090 - - 345,090
Prepayments . . . . . . . . . . . . . . . . . . . 3,369 - - 3,369
Materials and supplies inventory . . . . . . . . 1,916 - - 1,916
Inventory held for resale . . . . . . . . . . . . . 8,415 - - 8,415

Total assets. . . . . . . . . . . . . . . . . . . . $ 1,117,132 $ - $ 2,145,341 $ 3,262,473

Liabilities:
Accounts payable . . . . . . . . . . . . . . . . $ 45,890 $ 1,500 $ 31,615 $ 79,005
Accrued wages and benefits payable. . . . . . . 266,849 - - 266,849
Compensated absences payable . . . . . . . . . 4,536 - - 4,536
Pension and postemployment benefits payable. . 38,229 - - 38,229
Intergovernmental payable . . . . . . . . . . . . 3,649 - - 3,649
Due to other funds . . . . . . . . . . . . . . . . 112,886 - - 112,886

Total liabilities . . . . . . . . . . . . . . . . . . 472,039 1,500 31,615 505,154

Deferred inflows of resources:
Property taxes levied for the next fiscal year . . . - - 1,094,002 1,094,002
Delinquent property tax revenue not available . . - - 22,302 22,302
Intergovernmental revenue not available . . . . . 125,300 - - 125,300

Total deferred inflows of resources . . . . . . . . 125,300 - 1,116,304 1,241,604
Fund balances:
Nonspendable:
Materials and supplies inventory. . . . . . . . . 1,916 - - 1,916
Prepayments . . . . . . . . . . . . . . . . . . . 3,369 - - 3,369
Restricted:
Capital improvements . . . . . . . . . . . . . . - - 997,422 997,422
Food service operations . . . . . . . . . . . . . 227,439 - - 227,439
Non-public schools . . . . . . . . . . . . . . . 69,977 - - 69,977
Extracurricular activities. . . . . . . . . . . . . 202,181 - - 202,181
Other purposes. . . . . . . . . . . . . . . . . . 106,279 - - 106,279
Unassigned (deficit) . . . . . . . . . . . . . . . . (91,368) (1,500) - (92,868)

Total fund balances . . . . . . . . . . . . . . . . 519,793 (1,500) 997,422 1,515,715

Total liabilities, deferred inflows of resources
and fund balances. . . . . . . . . . . . . . . . . $ 1,117,132 $ - $ 2,145,341 $ 3,262,473

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