Page 122 - Hudson City Schools CAFR 2017
P. 122
HUDSON CITY SCHOOL DISTRICT
SUMMIT COUNTY, OHIO
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES
NONMAJOR CAPITAL PROJECTS FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 2017
Total
Nonmajor
Permanent Capital Projects
Building Improvement Funds
Revenues:
From local sources:
Property taxes . . . . . . . . . . . . . . . . . $ - $ 1,098,684 $ 1,098,684
Other local revenues. . . . . . . . . . . . . . - 70,605 70,605
Intergovernmental - intermediate . . . . . . . . 1,378,426 - 1,378,426
Intergovernmental - state . . . . . . . . . . . . - 157,980 157,980
Total revenue . . . . . . . . . . . . . . . . . . 1,378,426 1,327,269 2,705,695
Expenditures:
Current:
Instruction:
Regular . . . . . . . . . . . . . . . . . . . - 67,642 67,642
Support services:
Fiscal . . . . . . . . . . . . . . . . . . . . . - 18,982 18,982
Pupil transportation . . . . . . . . . . . . . - 337,398 337,398
Facilities acquisition and construction . . . . . 1,192,791 812,348 2,005,139
Total expenditures. . . . . . . . . . . . . . . . 1,192,791 1,236,370 2,429,161
Excess of revenues over expenditures . . . . . . 185,635 90,899 276,534
Other financing (uses):
Proceeds from sale of assets . . . . . . . . . . - 8,089 8,089
Transfers in. . . . . . . . . . . . . . . . . . . 500,000 - 500,000
Transfers out . . . . . . . . . . . . . . . . . . (1,235,000) - (1,235,000)
Total other financing (uses) . . . . . . . . . . . (735,000) 8,089 (726,911)
Net change in fund balances . . . . . . . . . . . (549,365) 98,988 (450,377)
Fund balances at beginning of year . . . . . . 967,013 480,786 1,447,799
Fund balances at end of year . . . . . . . . . . $ 417,648 $ 579,774 $ 997,422
F 98
