Page 52 - Hudson CAFR Report 2018

HUDSON CITY SCHOOL DISTRICT
SUMMIT COUNTY, OHIO

STATEMENT OF CASH FLOWS
PROPRIETARY FUNDS

FOR THE FISCAL YEAR ENDED JUNE 30, 2018

Business-Type Governmental
Activities - Activities -
Community Internal
Service Fund
Education Fund

Cash flows from operating activities: $ 1,492,116 $ 9,716,028
Cash received from sales/charges for services . . . . .
Cash payments for personal services. . . . . . . . . . (624,384) (26,100)
Cash payments for contractual services . . . . . . . .
Cash payments for materials and supplies . . . . . . . (772,869) (1,454,362)
Cash payments for claims . . . . . . . . . . . . . . .
Cash payments for other expenses . . . . . . . . . . . (33,716) (500)

- (8,553,266)

(52,497) -

Net cash provided by (used in) 8,650 (318,200)
operating activities. . . . . . . . . . . . . . . . . .
-
Cash flows from noncapital financing activities: 88,544
Cash received from grants . . . . . . . . . . . . . . . -

Net cash provided by noncapital 88,544 (318,200)
financing activities. . . . . . . . . . . . . . . . . .
97,194 1,972,312
Net increase (decrease) in cash and investments. . . . . 1,654,112
1,291,388
Cash and investments at beginning of year . . . . . . $ 1,388,582 $ (318,221)
Cash and investments at end of year. . . . . . . . . .
145
Reconciliation of operating income (loss) to net -
cash provided by (used in) operating activities: -

Operating income (loss) . . . . . . . . . . . . . . . . . $ 173,183 $ 290
-
Changes in assets, deferred outflows of resources, (94) -
liabilities and deferred inflows of resources: 5,951 -
(Increase) decrease in prepayments . . . . . . . . . . . (29,801)
Decrease in deferred outflows, pension . . . . . . . . . (11,240) -
(Increase) in deferred outflows, OPEB . . . . . . . . . 6,871 (414)
Increase (decrease) in accounts payable . . . . . . . . .
Increase in accrued wages and benefits . . . . . . . . . 80 -
Increase in intergovernmental payable. . . . . . . . . . 5,957 -
Increase in compensated absences payable. . . . . . . . -
Increase in pension and postemployment 2,272 -
-
benefits payable . . . . . . . . . . . . . . . . . . . .
(Decrease) in claims payable . . . . . . . . . . . . . . . (194,293)
(Decrease) in net pension liability . . . . . . . . . . . . (1,623)
(Decrease) in net OPEB liability . . . . . . . . . . . . . 8,642
Increase in deferred inflows, pension. . . . . . . . . . . 42,745
Increase in deferred inflows, OPEB . . . . . . . . . . .

Net cash provided by (used in) 8,650 $ (318,200)
operating activities. . . . . . . . . . . . . . . . . . . $

SEE ACCOMPANYING NOTES TO THE BASIC FINANCIAL STATEMENTS

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