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Cherokee County audit report released

Wednesday, March 30, 2011

Hunzelman, Putzier & Co., PLC of Storm Lake released an audit report for Cherokee County on Monday.

The County had local tax revenue of $18,099,048 for the year ended June 30, 2010, which included $779,820 in tax credits from the state.

The County forwarded $13,017,314 of the local tax revenue to the townships, school districts, cities, and other taxing bodies in the County.

The County retained $5,081,734 of the local tax revenue to finance County operations, a twelve percent increase from the prior year. Other revenues included charges for service of $1,037,450, operating grants, contributions, and restricted interest of $4,201,772, capital grants, contributions, and restricted interest of $2,266,431, local option sales tax of $253,382, unrestricted investment earnings of $82,390, and other general revenues of $59,525.

Expenses for County operations totaled $10,219,412, a seven percent increase from the prior year. Expenses included $4,420,796 for roads and transportation, $1,810,036 for administration, and $1,528,864 for public safety and legal services.

A copy of the audit report is available for review in the Cherokee County Auditor's office and in the Office of Auditor of State and on the Auditor of State's website at

http://auditor.iowa.gov/reports/reports.....



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