Page 32 - Hudson CAFR Report 2018

HUDSON CITY SCHOOL DISTRICT
SUMMIT COUNTY, OHIO

MANAGEMENT’S DISCUSSION AND ANALYSIS
FOR THE FISCAL YEAR ENDED JUNE 30, 2018

(UNAUDITED)

Governmental Activities

$300,000,000 $265,466,543 $201,265,504
$250,000,000 $260,975,939
$200,000,000
$150,000,000 $(4,490,604) $159,580,406 Net Position
$100,000,000 $(41,685,098) Assets and Deferred Outflows
Liabilities and Deferred Inflows
$50,000,000
$-

$(50,000,000)

2018 2017 (Restated)

Business-Type Activities

$2,000,000 $1,714,832 $1,855,421
$1,500,000
$1,000,000 $1,706,209 $1,585,071

$500,000 $(8,623) $(270,350) Net Position
$- Assets and Deferred Outflows
Liabilities and Deferred Inflows
$(500,000)

2018 2017 (Restated)

The table that follows shows the changes in net position for fiscal years 2018 and 2017. Net position at June 30,
2017 has been restated as described in Note 2.A.

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