Iowa County Audit Report

Iowa county close to the metro gets an audit.

Auditor of State Mary Mosiman today released an audit report on Monona County, Iowa. The County had local tax revenue of $15,644,886 for the year ended June 30, 2012, which included $664,368 in tax credits from the state. The County forwarded $10,505,728 of the local tax revenue to the townships, school districts, cities and other taxing bodies in the
County.

The County retained $5,139,158 of the local tax revenue to finance County operations, a 2.4% increase over the prior year. Other revenues included charges for service of $968,487,
operating grants, contributions and restricted interest of $4,570,267, capital grants, contributions and restricted interest of $1,918,203, local option sales tax of $354,148,
unrestricted investment earnings of $121,880 and other general revenues of $310,385.

Expenses for County operations totaled $11,462,693, a 10.6% increase over the prior year. Expenses included $5,279,659 for roads and transportation, $1,632,101 for public safety
and legal services and $1,129,271 for administration. The significant increase in expenses is primarily due to an increase in expenses for road maintenance and flood control.

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.


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