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Audit report

May 18, 2014
Reinbeck Courier

Auditor of State Mary Mosiman released an audit report on Grundy County, Iowa. The County had local tax revenue of $20,807,278 for the year ended June 30, 2013, which included $948,674 in tax credits from the state. The County forwarded $15,388,964 of the local tax revenue to the townships, school districts, cities and other taxing bodies in the County.

The County retained $5,418,314 of the local tax revenue to finance County operations, a 3.9% increase over the prior year. Other revenues included charges for service of $1,408,608, operating grants, contributions and restricted interest of $4,040,550, capital grants, contributions and restricted interest of $309,861, local option sales tax of $385,885, unrestricted investment earnings of $42,769 and other general revenues of $87,684.

Expenses for County operations for the year ended June 30, 2013 totaled $11,751,084, a 2.7% decrease from the prior year. Expenses included $5,050,927 for roads and transportation, $1,775,041 for public safety and legal services and $1,726,718 for administration.

A copy of the audit report is available for review in the County Auditor's Office, in the Office of Auditor of State and on the Auditor of State's web site at auditor.iowa.gov/reports/1310-0038-B00F.pdf.

 
 

 

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