Page 45 - Hudson CAFR Report 2018
P. 45
HUDSON CITY SCHOOL DISTRICT
SUMMIT COUNTY, OHIO
BALANCE SHEET
GOVERNMENTAL FUNDS
JUNE 30, 2018
General Building Nonmajor Total
Governmental Governmental
Assets: $ 35,140,285 $ 81,901,532
Equity in pooled cash and investments . . . . . . . . Funds Funds
Receivables: 44,957,338 -
536,131 - $ 7,232,540 $ 124,274,357
Property taxes. . . . . . . . . . . . . . . . . . . . 174,978 27,091
Payment in lieu of taxes. . . . . . . . . . . . . . . 293,482 206,460 6,733,670 51,691,008
Intergovernmental. . . . . . . . . . . . . . . . . . 119,828 - - 536,131
Accrued interest. . . . . . . . . . . . . . . . . . . 86,273 - 568,033
Due from other funds . . . . . . . . . . . . . . . . . 48,160 - 365,964 499,942
Prepayments. . . . . . . . . . . . . . . . . . . . . . - - - 119,828
Materials and supplies inventory . . . . . . . . . . . $ 82,135,083 - 89,377
Inventory held for resale. . . . . . . . . . . . . . . . $ 81,356,475 48,301
Total assets . . . . . . . . . . . . . . . . . . . . . . 3,104 9,486
141
$ 177,836,463
9,486
$ 14,344,905
Liabilities: $ 388,983 $- $ 422,996 $ 811,979
Accounts payable . . . . . . . . . . . . . . . . . . . - 9,152
Contracts payable . . . . . . . . . . . . . . . . . . . 2,263 208,064 217,216
Accrued wages and benefits payable . . . . . . . . . 5,591,841 -
Compensated absences payable . . . . . . . . . . . . 194,856 - 281,571 5,875,675
Pension and postemployment benefits payable . . . . 885,859 -
Intergovernmental payable. . . . . . . . . . . . . . . 181,253 - 1,274 196,130
Claims payable. . . . . . . . . . . . . . . . . . . . . 18,529 -
Due to other funds . . . . . . . . . . . . . . . . . . . - 48,349 934,208
Total liabilities . . . . . . . . . . . . . . . . . . . . . 11,415
7,261,321 4,398 185,651
-
- - 18,529
-
172,337 119,828 119,828
-
172,337 1,086,480 8,359,216
Deferred inflows of resources: 39,167,934 - 5,937,227 45,105,161
Property taxes levied for the next fiscal year . . . . . . 536,131 - - 536,131
Payment in lieu of taxes levied for the next fiscal year . 650,437 721,217
Delinquent property tax revenue not available . . . . . 220,611 - 70,780 392,948
Accrued interest not available . . . . . . . . . . . . . . - 81,951,331 - 123,004
Intergovernmental revenue not available. . . . . . . . .
Total deferred inflows of resources . . . . . . . . . . . 40,575,113 - 123,004 46,878,461
- 6,131,011
-
Fund balances: 48,160 - 141 48,301
Nonspendable: 86,273 3,104 89,377
Materials and supplies inventory . . . . . . . . . . . -
Prepayments . . . . . . . . . . . . . . . . . . . . . - - 6,394,498 6,394,498
Restricted: - - 75,311 82,026,642
Debt service. . . . . . . . . . . . . . . . . . . . . . - - 294,941
Capital improvements. . . . . . . . . . . . . . . . . - - 148,833 294,941
Food service operations . . . . . . . . . . . . . . . . - 206,921 148,833
Non-public schools . . . . . . . . . . . . . . . . . . - 81,951,331 103,296 206,921
Extracurricular activities. . . . . . . . . . . . . . . . 103,296
Other purposes. . . . . . . . . . . . . . . . . . . . . 288,439 $ 82,135,083 -
Assigned: 759,533 - 288,439
Student instruction. . . . . . . . . . . . . . . . . . . 227,103 - 759,533
Student and staff support. . . . . . . . . . . . . . . . 29,762 - 227,103
Rotary services. . . . . . . . . . . . . . . . . . . . . 32,080,771 (99,631)
Other purposes. . . . . . . . . . . . . . . . . . . . . 29,762
Unassigned (deficit) . . . . . . . . . . . . . . . . . . . 7,127,414 31,981,140
Total fund balances . . . . . . . . . . . . . . . . . . . 33,520,041 122,598,786
Total liabilities, deferred inflows of resources $ 14,344,905 $ 177,836,463
and fund balances . . . . . . . . . . . . . . . . . . . . $ 81,356,475
SEE ACCOMPANYING NOTES TO THE BASIC FINANCIAL STATEMENTS
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