The Office of Auditor of State today released an audit report on City of Hamburg, Iowa.
The City’s receipts totaled $2,258,095 for the year ended June 30, 2012. The receipts included $634,835 in property tax, $485,748 from charges for service, $629,792 from operating grants, contributions and restricted interest, $93,229 from local option sales tax, $1,491 from unrestricted interest on investments and $413,000 from note proceeds.
Disbursements for the year totaled 2,002,949, and included $702,319 for public works, $402,468 for debt service and $151,318 for culture and recreation. Also, disbursements for business type activities totaled $479,018.
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 at http://auditor.iowa.gov/reports/1221-0339-B00F.pdf.