Page 52 - Hudson City Schools CAFR 2017
P. 52
HUDSON CITY SCHOOL DISTRICT
SUMMIT COUNTY, OHIO
STATEMENT OF FIDUCIARY NET POSITION
FIDUCIARY FUNDS
JUNE 30, 2017
Private-Purpose
Trust
Scholarships Agency
Assets:
Equity in pooled cash and investments . . . . . . . . $ 2,650 $ 317,334
Receivables:
Intergovernmental . . . . . . . . . . . . . . . . . . - 60,756
Prepayments. . . . . . . . . . . . . . . . . . . . . . - 344
Total assets . . . . . . . . . . . . . . . . . . . . . . 2,650 $ 378,434
Liabilities:
Accounts payable. . . . . . . . . . . . . . . . . . . - $ 11,008
Accrued wages and benefits . . . . . . . . . . . . . - 3,833
Pension and postemployment benefits payable. . . . - 3,323
Intergovernmental payable . . . . . . . . . . . . . . - 1,723
Due to students . . . . . . . . . . . . . . . . . . . . - 100,001
Undistributed monies . . . . . . . . . . . . . . . . . - 258,546
Total liabilities . . . . . . . . . . . . . . . . . . . . - $ 378,434
Net position:
Held in trust for scholarships . . . . . . . . . . . . . 2,650
Total net position . . . . . . . . . . . . . . . . . . . $ 2,650
SEE ACCOMPANYING NOTES TO THE BASIC FINANCIAL STATEMENTS
F 30
