Page 128 - Hudson CAFR Report 2018

HUDSON CITY SCHOOL DISTRICT
SUMMIT COUNTY, OHIO

COMBINING BALANCE SHEET
NONMAJOR GOVERNMENTAL FUNDS

JUNE 30, 2018

Nonmajor Nonmajor Nonmajor Total
Special Revenue Debt Service Capital Projects Nonmajor
Governmental
Funds Fund Fund
Funds

Assets: $ 901,680 $ 5,819,839 $ 511,021 $ 7,232,540
Equity in pooled cash
and investments . . . . . . . . . . . . . . . . - 5,448,342 1,285,328 6,733,670
Receivables: 365,964 - - 365,964
Property taxes . . . . . . . . . . . . . . . . . - - 3,104
Intergovernmental . . . . . . . . . . . . . . . 3,104 - - 141
Prepayments . . . . . . . . . . . . . . . . . . . 141 - - 9,486
Materials and supplies inventory . . . . . . . .
Inventory held for resale . . . . . . . . . . . . . 9,486

Total assets. . . . . . . . . . . . . . . . . . . . $ 1,280,375 $ 11,268,181 $ 1,796,349 $ 14,344,905

Liabilities: $ 44,346 $ -$ 378,650 $ 422,996
Accounts payable . . . . . . . . . . . . . . . . - - 208,064 208,064
Contracts payable . . . . . . . . . . . . . . . . - 281,571
Accrued wages and benefits payable. . . . . . . 281,571 - -
Compensated absences payable . . . . . . . . . 1,274 - - 1,274
Pension and postemployment benefits payable. . - - 48,349
Intergovernmental payable . . . . . . . . . . . . 48,349 - -
Due to other funds . . . . . . . . . . . . . . . . 4,398 - 4,398
- 119,828
Total liabilities . . . . . . . . . . . . . . . . . . 119,828 586,714
1,086,480
Deferred inflows of resources: 499,766
Property taxes levied for the next fiscal year . . .
Delinquent property tax revenue not available . . - 4,818,181 1,119,046 5,937,227
Intergovernmental revenue not available . . . . . - 55,502 15,278 70,780
123,004 - -
Total deferred inflows of resources . . . . . . . . 123,004
123,004 4,873,683 1,134,324
Fund balances: 6,131,011
Nonspendable:
Materials and supplies inventory. . . . . . . . . 141 - - 141
Prepayments . . . . . . . . . . . . . . . . . . . 3,104 - - 3,104
Restricted:
Debt service . . . . . . . . . . . . . . . . . . . - 6,394,498 - 6,394,498
Capital improvements . . . . . . . . . . . . . . - - 75,311 75,311
Food service operations . . . . . . . . . . . . . 294,941 -
Non-public schools . . . . . . . . . . . . . . . 148,833 - - 294,941
Extracurricular activities. . . . . . . . . . . . . 206,921 - - 148,833
Other purposes. . . . . . . . . . . . . . . . . . 103,296 - - 206,921
Unassigned (deficit) . . . . . . . . . . . . . . . . (99,631) - - 103,296
- (99,631)
Total fund balances . . . . . . . . . . . . . . . . 657,605 6,394,498
75,311 7,127,414
Total liabilities, deferred inflows of resources
and fund balances. . . . . . . . . . . . . . . . . $ 1,280,375 $ 11,268,181 $ 1,796,349 $ 14,344,905

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