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HUDSON CITY SCHOOL DISTRICT
SUMMIT COUNTY, OHIO

STATEMENT OF CASH FLOWS
PROPRIETARY FUNDS

FOR THE FISCAL YEAR ENDED JUNE 30, 2015

Business-Type Governmental
Activities - Activities -
Community Internal

Education Funds Service Funds

Cash flows from operating activities: $ 1,369,879 $ 7,979,132
Cash received from sales/charges for services. . . . .
Cash received from other operations. . . . . . . . . . - 1,156
Cash payments for personal services. . . . . . . . . .
Cash payments for contractual services . . . . . . . . (563,079) (33,348)
Cash payments for materials and supplies . . . . . . .
Cash payments for claims . . . . . . . . . . . . . . . (629,661) (1,180,900)
Cash payments for other expenses . . . . . . . . . . .
(55,213) (2,706)

- (7,312,748)

(33,579) (1,917)

Net cash provided by (used in) 88,347 (551,331)
operating activities. . . . . . . . . . . . . . . . . .
50,644 -
Cash flows from noncapital financing activities:
Cash received from grants . . . . . . . . . . . . . . . 50,644 -

Net cash provided by noncapital $ 138,991 $ (551,331)
financing activities. . . . . . . . . . . . . . . . . . $ 4,260,851
988,261 3,709,520
Net increase (decrease) in cash and cash 1,127,252
cash equivalents . . . . . . . . . . . . . . . . . . . . (518,966)
54,486 $
Cash and cash equivalents at beginning of year . . . -
Cash and cash equivalents at end of year . . . . . . . (8,221) (9,885)
21,124
Reconciliation of operating income (loss) to net -
cash provided by (used in) operating activities: (366) (1,894)
499
Operating income (loss) . . . . . . . . . . . . . . . . . (14,550) -
-
Changes in assets and liabilities: (11,367) (20,586)
(Increase) in deferred outflows, pensions . . . . . . . - -
Increase (decrease) in accounts payable . . . . . . . . -
(Decrease) in accrued wages and benefits . . . . . . . (101,952)
Increase (decrease) in intergovernmental payable . . . 148,694
(Decrease) in compensated absences payable . . . . .
(Decrease) in pension and postemployment

benefits payable. . . . . . . . . . . . . . . . . . . .
(Decrease) in claims payable . . . . . . . . . . . . . .
(Decrease) in net pension liability . . . . . . . . . . .
Increase in deferred inflows, pensions . . . . . . . . .

Net cash provided by (used in) $ 88,347 $ (551,331)
operating activities. . . . . . . . . . . . . . . . . .

SEE ACCOMPANYING NOTES TO THE BASIC FINANCIAL STATEMENTS

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