Page 151 - Hudson City Schools CAFR 2017
P. 151
HUDSON CITY SCHOOL DISTRICT
SUMMIT COUNTY, OHIO
RATIOS OF GENERAL BONDED DEBT OUTSTANDING
LAST TEN FISCAL YEARS
Percentage of
General Fund Balances Net Actual Taxable
Fiscal Obligation Restricted for General Obligation Value of Per
Year Bonds (a) Debt Service Debt Outstanding Property Capita
2017 $ 18,631,599 $ - $ 18,631,599 0.68% $ 837
2016 19,608,257 - 19,608,257 0.73% 874
2015 20,559,916 - 20,559,916 0.78% 916
2014 21,786,574 (302,335) 21,484,239 0.84% 956
2013 24,933,232 (1,311,307) 23,621,925 0.93% 1,058
2012 28,930,317 (4,469,722) 24,460,595 0.97% 1,103
2011 31,677,808 (3,828,701) 27,849,107 1.02% 1,251
2010 34,185,325 (3,730,347) 30,454,978 1.11% 1,323
2009 31,360,374 (3,661,877) 27,698,497 1.01% 1,196
2008 33,096,173 (3,449,296) 29,646,877 1.07% 1,280
(a) Includes certificates of participation. Details regarding the District's outstanding debt can be found in the notes to the
financial statements.
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