Page 35 - 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)

The statement of activities shows the cost of program services and the charges for services and grants offsetting those
services. The following table shows, for governmental activities, the total cost of services and the net cost of services for
2018 and 2017. That is, it identifies the cost of these services supported by taxes revenue and unrestricted grants and
entitlements.

Total Cost of Net Cost of Total Cost of Net Cost of
Services Services Services Services
2018 2018 2017 2017

Program expenses: $ 14,523,016 $ 11,601,228 $ 30,223,535 $ 27,168,533
Instruction: 4,090,861 1,906,878 10,092,995 8,162,910
Regular 181,299 151,818 369,409 333,601
Special 1,578,566 1,555,508 1,261,399 1,242,392
Vocational
Other 2,678,981 1,684,713 4,996,693 3,828,110
1,086,954 1,008,940 2,293,445 2,230,367
Support services:
Pupil 145,139 145,139 78,835 78,835
Instructional staff 1,111,112 923,414 4,414,001 4,232,582
Board of education 931,623 1,411,686 1,411,686
Administration 931,623 219,975
Fiscal 219,975 3,841,097 663,107 663,107
Business 3,861,761 4,200,710 5,786,325 5,763,540
Operations and maintenance 4,200,710 313,408 3,890,981 3,890,981
Pupil transportation 313,408
Central 568,679 568,069

Operation of non-instructional services: 1,008,011 (537,359) 1,615,311 105,489
Food service operations 39,015 6,320 50,180 23,768
Other non-instructional services
1,250,184 312,761 1,978,779 1,185,910
Extracurricular activities 2,257,648 2,257,648 766,121 766,121
Interest on long-term debt
$ 39,478,263 $ 30,523,821 $ 70,461,481 $ 61,656,001
Total expenses

The dependence upon tax revenues during fiscal year 2018 for governmental activities is apparent, as 74.68% of 2018
instruction activities are supported through taxes and other general revenues. For all governmental activities, general
revenue support was 77.32% in 2018. The District’s taxpayers and unrestricted grants and entitlements are by far the
primary support for the District’s students.

The graph below presents the District’s governmental activities revenue for fiscal years 2018 and 2017.

Governmental Activities - General and Program Revenues

$80,000,000 $67,718,315 $57,823,415 General Revenues
$60,000,000 Program Revenues
$40,000,000 $8,954,442 $8,805,480
$20,000,000 Fiscal Year 2018 Fiscal Year 2017

$-

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