Page 5 - Hudson City Schools CAFR 2017

HUDSON CITY SCHOOL DISTRICT
SUMMIT COUNTY, OHIO

COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED JUNE 30, 2017

TABLE OF CONTENTS

I. INTRODUCTORY SECTION

Table of Contents ................................................................................................................................. I 1-3
Letter of Transmittal ............................................................................................................................ I 4-12
Organizational Chart ............................................................................................................................ I 13
Certificate of Achievement for Excellence in Financial Reporting ..................................................... I 14
Certificate of Excellence in Financial Reporting ................................................................................. I 15

II. FINANCIAL SECTION

INDEPENDENT AUDITOR’S REPORT........................................................................................... F 1-3

MANAGEMENT’S DISCUSSION AND ANALYSIS ...................................................................... F 5-18

BASIC FINANCIAL STATEMENTS:

Government-Wide Financial Statements:

Statement of Net Position ......................................................................................................... F 19
Statement of Activities ............................................................................................................. F 20-21

Fund Financial Statements:

Balance Sheet - Governmental Funds ....................................................................................... F 22

Reconciliation of Total Governmental Fund Balances to Net Position
of Governmental Activities....................................................................................................... F 23

Statement of Revenues, Expenditures and Changes in Fund
Balances - Governmental Funds ............................................................................................... F 24

Reconciliation of the Statement of Revenues, Expenditures and Changes
in Fund Balances of Governmental Funds to the Statement of Activities ................................ F 25

Statement of Revenues, Expenditures and Changes in Fund
Balance – Budget and Actual (Non-GAAP Budgetary Basis) – General Fund ........................ F 26

Statement of Net Position - Proprietary Funds ......................................................................... F 27

Statement of Revenues, Expenses and Changes in
Net Position - Proprietary Funds .............................................................................................. F 28

Statement of Cash Flows - Proprietary Funds .......................................................................... F 29

Statement of Fiduciary Net Position - Fiduciary Funds ............................................................ F 30

Statement of Changes in Fiduciary Net Position - Fiduciary Fund .......................................... F 31

Notes to the Basic Financial Statements ........................................................................................ F 33-72

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