Page 50 - Hudson CAFR Report 2018
P. 50
HUDSON CITY SCHOOL DISTRICT
SUMMIT COUNTY, OHIO
STATEMENT OF NET POSITION
PROPRIETARY FUNDS
JUNE 30, 2018
Business-Type Governmental
Activities - Activities -
Community Internal
Education Fund Service Fund
Assets: $ 1,388,582 $ 1,654,112
Current assets: 987 -
Equity in pooled cash and investments . . . . . 1,389,569 1,654,112
Prepayments . . . . . . . . . . . . . . . . . . .
Total assets . . . . . . . . . . . . . . . . . . . .
Deferred outflows of resources: 279,782 -
Pension . . . . . . . . . . . . . . . . . . . . . . 36,858 -
OPEB. . . . . . . . . . . . . . . . . . . . . . . . -
Total deferred outflows of resources. . . . . . . . 316,640
Liabilities: 50,778 290
Current liabilities: 57,172 -
13,465 -
Accounts payable . . . . . . . . . . . . . . . . 14,445 -
Accrued wages and benefits . . . . . . . . . . . -
Compensated absences. . . . . . . . . . . . . . 838
Pension and postemployment benefits payable. . - 706,857
Intergovernmental payable. . . . . . . . . . . .
Claims payable. . . . . . . . . . . . . . . . . . 136,698 707,147
Total current liabilities . . . . . . . . . . . . . . . 17,744 -
1,059,283 -
Long-term liabilities: -
Compensated absences payable. . . . . . . . . . 422,583
Net pension liability. . . . . . . . . . . . . . . . -
Net OPEB liability . . . . . . . . . . . . . . . . 1,499,610
707,147
Total long-term liabilities. . . . . . . . . . . . . . 1,636,308
Total liabilities . . . . . . . . . . . . . . . . . . .
Deferred inflows of resources: 35,779 -
Pension . . . . . . . . . . . . . . . . . . . . . . 42,745 -
OPEB. . . . . . . . . . . . . . . . . . . . . . . . 78,524 -
Total deferred inflows of resources . . . . . . . . .
Net position: (8,623) 946,965
Unrestricted . . . . . . . . . . . . . . . . . . . . .
$ (8,623) $ 946,965
Total net position . . . . . . . . . . . . . . . . . .
SEE ACCOMPANYING NOTES TO THE BASIC FINANCIAL STATEMENTS
F 29
