Page 51 - Hudson CAFR Report 2018
P. 51
HUDSON CITY SCHOOL DISTRICT
SUMMIT COUNTY, OHIO
STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN NET POSITION
PROPRIETARY FUNDS
FOR THE FISCAL YEAR ENDED JUNE 30, 2018
Operating revenues: Business-Type Governmental
Sales/charges for services. . . . . . . . . . Activities - Activities -
Community Internal
Service Fund
Education Fund
$ 9,716,028
$ 1,492,116
Total operating revenues . . . . . . . . . . 1,492,116 9,716,028
Operating expenses: 471,091 26,245
Personal services . . . . . . . . . . . . . . 757,157 1,454,652
Purchased services. . . . . . . . . . . . . .
Materials and supplies. . . . . . . . . . . . 35,536 500
Claims . . . . . . . . . . . . . . . . . . . . - 8,552,852
Other. . . . . . . . . . . . . . . . . . . . .
55,149 -
Total operating expenses. . . . . . . . . . . 1,318,933 10,034,249
Operating income (loss) . . . . . . . . . . . 173,183 (318,221)
Nonoperating revenues: 88,544 -
Grants . . . . . . . . . . . . . . . . . . . .
Change in net position. . . . . . . . . . . . 261,727 (318,221)
Net position (deficit) at beginning (270,350) 1,265,186
of year (restated) . . . . . . . . . . . . .
$ (8,623) $ 946,965
Net position (deficit) at end of year . . . .
SEE ACCOMPANYING NOTES TO THE BASIC FINANCIAL STATEMENTS
F 30
