Page 110 - Hudson City Schools CAFR 2017

HUDSON CITY SCHOOL DISTRICT
SUMMIT COUNTY, OHIO
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
NONMAJOR GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 2017

Total
Nonmajor Nonmajor Nonmajor Nonmajor
Special Revenue Debt Service Capital Projects Governmental
Funds Fund Funds Funds
Revenues:
From local sources:
Property taxes . . . . . . . . . . . . . . . . . $ - $ - $ 1,098,684 $ 1,098,684
Earnings on investments. . . . . . . . . . . . 5,536 - - 5,536
Charges for services . . . . . . . . . . . . . . 1,262,575 - - 1,262,575
Extracurricular. . . . . . . . . . . . . . . . . 383,812 - - 383,812
Other local revenues. . . . . . . . . . . . . . 134,404 - 70,605 205,009
Intergovernmental - intermediate . . . . . . . . - 24,653 1,378,426 1,403,079
Intergovernmental - state . . . . . . . . . . . . 2,414,886 - 157,980 2,572,866
Intergovernmental - federal. . . . . . . . . . . 1,716,766 - - 1,716,766
Total revenues . . . . . . . . . . . . . . . . . 5,917,979 24,653 2,705,695 8,648,327

Expenditures:
Current:
Instruction:
Regular . . . . . . . . . . . . . . . . . . . 2,037,971 - 67,642 2,105,613
Special . . . . . . . . . . . . . . . . . . . . 736,856 - - 736,856
Vocational . . . . . . . . . . . . . . . . . 2,000 - - 2,000
Other. . . . . . . . . . . . . . . . . . . . . 10,800 - - 10,800
Support services:
Pupil . . . . . . . . . . . . . . . . . . . . . 825,418 - - 825,418
Instructional staff. . . . . . . . . . . . . . . 51,192 - - 51,192
Administration . . . . . . . . . . . . . . . . 181,607 - - 181,607
Fiscal. . . . . . . . . . . . . . . . . . . . . - 45,539 18,982 64,521
Operations and maintenance . . . . . . . . . 8,191 - - 8,191
Pupil transportation . . . . . . . . . . . . . - - 337,398 337,398
Central. . . . . . . . . . . . . . . . . . . . 600 - - 600
Operation of non-instructional services:
Food service operations . . . . . . . . . . . 1,537,420 - - 1,537,420
Other non-instructional services . . . . . . . 22,598 - - 22,598
Extracurricular activities . . . . . . . . . . . . 448,651 - - 448,651
Facilities acquisition and construction . . . . . 90,000 - 2,005,139 2,095,139
Debt service:
Principal retirement. . . . . . . . . . . . . . - 620,000 - 620,000
Interest and fiscal charges. . . . . . . . . . . - 595,614 - 595,614
Total expenditures . . . . . . . . . . . . . . . 5,953,304 1,261,153 2,429,161 9,643,618

Excess (deficiency) of revenues over (under)
expenditures . . . . . . . . . . . . . . . . . . (35,325) (1,236,500) 276,534 (995,291)
Other financing sources (uses):
Proceeds from sale of assets . . . . . . . . . . - - 8,089 8,089
Transfers in . . . . . . . . . . . . . . . . . . 61,000 1,235,000 500,000 1,796,000
Transfers (out). . . . . . . . . . . . . . . . . - - (1,235,000) (1,235,000)
Total other financing sources (uses) . . . . . . 61,000 1,235,000 (726,911) 569,089

Net change in fund balances . . . . . . . . . . 25,675 (1,500) (450,377) (426,202)
Fund balances at beginning of year. . . . . . 494,118 - 1,447,799 1,941,917
Fund balances at end of year . . . . . . . . . $ 519,793 $ (1,500) $ 997,422 $ 1,515,715

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