Small Town Audit

Auditor of State Mary Mosiman today released an audit report on the City of Newhall, Iowa.

The City’s receipts totaled $1,030,859 for the year ended June 30, 2012. The receipts included $313,693 in property tax, $12,659 from tax increment financing, $52,191 from local option sales tax, $381,091 from charges for service, $174,930 from operating grants, contributions and restricted interest, $12,755 from unrestricted interest, $60,927 from anticipation project note proceeds and $22,613 from other general receipts.

Disbursements for the year totaled $701,474, and included $151,497 for public works, $112,348 for public safety and $101,687 for culture and recreation. Also, disbursements for business type activities totaled $280,125.

A copy of the audit report is available for review in the City Clerk’s Office, in the Office of Auditor of State and on the Auditor of State’s web site.


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