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 auditor.iowa.gov/reports/index/html.