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
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.