Page 138 - Hudson City Schools CAFR 2017

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
Net Position 2017 2016 2015 2014 2013
Governmental activities:
Property taxes levied for:
General purposes $ 37,455,272 $ 41,995,699 $ 42,824,517 $ 44,934,135 $ 38,656,261
Debt service - - 139,736 1,237,233 2,138,611
Capital outlay 1,096,477 1,225,365 1,266,821 1,319,845 1,128,041
Payments in lieu of taxes 566,274 472,588 984,788 515,367 349,063
Grants and entitlements not restricted
to specific programs 17,952,080 18,019,970 18,210,293 17,664,962 19,104,616
Investment earnings 332,259 30,630 125,658 62,124 58,911
Miscellaneous 421,053 324,742 270,980 194,817 215,507
Special item - - - - -
Total governmental activities 57,823,415 62,068,994 63,822,793 65,928,483 61,651,010

Business-type activities:
Grants not restricted to specific programs 56,635 48,212 50,644 49,354 44,407
Total business-type activities 56,635 48,212 50,644 49,354 44,407
Total primary government $ 57,880,050 $ 62,117,206 $ 63,873,437 $ 65,977,837 $ 61,695,417

Change in Net Position
Governmental activities $ (3,832,586) $ 5,222,381 $ 8,546,647 $ 12,087,199 $ 7,437,696
Business-type activities 31,903 97,164 105,130 106,406 119,614
Total primary government $ (3,800,683) $ 5,319,545 $ 8,651,777 $ 12,193,605 $ 7,557,310

Source: School District financial records.

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