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Audit report for G-R

April 8, 2012
Reinbeck Courier

Keith Oltrogge CPA released an audit report on the Gladbrook-Reinbeck Community School District of Reinbeck, IA. for the fiscal year ended June 30, 2011.

The District's revenues totaled $8,188,868 for the year ended June 30, 2011, a 5.3 percent increase from the prior year. Revenues included $3,898.758 in local taxes, charges for service of $529,6l2, operating and capital grants, contributions and restricted interest of $1,173,598, unrestricted interest of $26,543 and other general revenues of $2,560.177.

Expenses for District operations totaled $7,273.307, a 16.0 percent increase from the prior year. Expenses included $4,626.454 for instruction, $2,023.751 for support services, and $331,918 for other expenses.

A copy of the audit report is available for review in the District's Secretary Office, in the Office of Auditor of State and on the Auditor of State's web site at



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