Worthington City School District - Ohio Auditor of State

Worthington City School District

Comprehensive Annual Financial Report For the Fiscal Year Ending June 30, 2013 Worthington, Ohio

WORTHINGTON CITY SCHOOL DISTRICT

WORTHINGTON, OHIO

COMPREHENSIVE ANNUAL FINANCIAL REPORT

For Fiscal Year Ended June 30, 2013

Issued by:

Office of the Treasurer Jeffery S. McCuen Treasurer

Introductory Section

Thomas Worthingon High School

National Merit Scholar Semifinalists

Worthington Kilbourne High School National Merit Scholar Semifinalists

WORTHINGTON CITY SCHOOL DISTRICT

TABLE OF CONTENTS

INTRODUCTORY SECTION

Page

Table of Contents...............................................................................................i

Transmittal Letter ............................................................................................. ix

Elected Officials and Administrative Staff ....................................................... xv

Organizational Chart ...................................................................................... xvi

GFOA Certificate of Achievement ................................................................. xvii

FINANCIAL SECTION

Independent Auditors' Report........... ......................................................1

Management's Discussion and Analysis..................................................4

Basic Financial Statements:

Government?Wide Financial Statements

Statement of Net Position ...........................................................................16

Statement of Activities ................................................................................17

Fund Financial Statements

Balance Sheet ? Governmental Funds .......................................................18

Reconciliation of Total Governmental Fund Balances to Net Position of Governmental Activities..... .............................................19

Statement of Revenues, Expenditures and Changes in Fund Balances-- Governmental Funds ..................................................20

Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities ............................................................................21

i

WORTHINGTON CITY SCHOOL DISTRICT

TABLE OF CONTENTS, CONTINUED

Statement of Fund Net Position ? Proprietary Funds..................................22 Statement of Revenues, Expenses and Changes in Fund Net Position ?

Proprietary Funds ...................................................................................23 Statement of Cash Flows- Proprietary Funds ...........................................24 Statement of Fiduciary Net Position............................................................25 Statement of Changes in Fiduciary Net Position........................................26 Notes to the Basic Financial Statements ....................................................27 Required Supplementary Information Budgetary Comparison Schedule - General Fund .....................................52 Notes to the Required Supplementary Information ....................................53 Supplemental Data Major Governmental Funds

Description of Funds ..............................................................................58 Schedule of Revenues,

Expenditures and Changes in Fund Balance ? Budget and Actual -

Debt Service Fund - Budget Basis ..................................................59 Schedule of Revenues,

Expenditures and Changes in Fund Balance ? Budget and Actual -

Building Fund - Budget Basis ...........................................................59 Combining Statements Non-major Governmental Funds

Description of Funds ? Non-major Governmental Funds .......................60 Combining Balance Sheet ? Non-major Governmental Funds ...............62

ii

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download