According to Cherokee County Auditor Kris Glienke, Hunzelman, Putzier & Co., PLC on Monday released an annual audit report on Cherokee County.
The County had local tax revenue of $18,675,605 for the year ended June 30, 2011, which included $717,195 in tax credits from the state. The County forwarded $13,846,593 of the local tax revenue to the townships, school districts, cities, and other taxing bodies in the County.
The County retained $4,829,012 of the local tax revenue to finance County operations, a slight increase from the prior year.
Other revenues included charges for service of $683,900, operating grants, contributions, and restricted interest of $3,681,856, capital grants, contributions, and restricted interest of $661,517, local option sales tax of $536,104, unrestricted investment earnings of $84,319, and other general revenues of $38,469.
Expenses for County operations totaled $9,741,077, a five percent decrease from the prior year. Expenses included $4,234,928 for roads and transportation, $1,496,973 for public safety and legal services, and $1,450,679 for administration.
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 web site at auditor.iowa.gov/reports/index.html.