Page 132 - Hudson City Schools CAFR 2017
P. 132

HUDSON CITY SCHOOL DISTRICT
                                                    SUMMIT COUNTY, OHIO

                                                  NET POSITION BY COMPONENT
                                                    LAST TEN FISCAL YEARS
                                                (ACCRUAL BASIS OF ACCOUNTING)


                                               2017           2016           2015          2014           2013
         Governmental activities
              Net investment in capital assets  $       40,576,526  $       39,524,689  $       38,781,982  $       36,460,488  $       33,552,876
              Restricted                              1,694,486             2,167,394             2,510,271             3,842,694             4,604,254
              Unrestricted (deficit)               (61,995,355)          (57,583,840)          (62,406,391)          (69,963,967)           10,365,649
         Total governmental activities net position  $      (19,724,343)  $      (15,891,757)  $      (21,114,138)  $      (29,660,785)  $       48,522,779
         Business-type activities
              Unrestricted (deficit)       $            146,799  $            114,896  $              17,732  $             (87,398)  $            734,376
         Total business-type activities net position  $            146,799  $            114,896  $              17,732  $             (87,398)  $            734,376

         Primary government
              Net investment in capital assets  $       40,576,526  $       39,524,689  $       38,781,982  $       36,460,488  $       33,552,876
              Restricted                              1,694,486             2,167,394             2,510,271             3,842,694             4,604,254
              Unrestricted (deficit)               (61,848,556)          (57,468,944)          (62,388,659)          (70,051,365)           11,100,025
         Total primary government net position  $      (19,577,544)  $      (15,776,861)  $      (21,096,406)  $      (29,748,183)  $       49,257,155

         Source: School District financial records.





















































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