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Audit report for the City of Reinbeck released

October 25, 2015
Reinbeck Courier

Bowman and Miller, P.C. today released an audit report on the City of Reinbeck, Iowa.

The City's receipts totaled $3,486,991 for the year ended June 30, 2015. The receipts included $519,515 in property tax, $391,865 in tax increment financing, $1,597,661 from charges for services, $319,092 from operating grants, contributions, and restricted interest, $470,769 from capital grants, contributions and restricted interest, $809 in unrestricted investment earnings, $150,000 in note proceeds and $37,280 from other general receipts.

Disbursements for the year totaled $2,761,419, and included $344,189 for culture and recreation, $371,261 for debt service and $203,527 for public works. Also, disbursements for business type activities totaled $1,448,615.

A copy of the audit report is available for review in the City Administrator's office, the Office of Auditor of State, and on the Auditor of State's web site at http://auditor.iowalgov/reports/reports.htm.



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