The District’s revenues totaled $12,533,468 for the year ended June 30, 2013, an increase of 1.8% over the prior year. Revenues included $3,989,200 in local tax, charges for service of $1,156,790, operating grants, contributions and restricted interest of $1,871,491, instructional support surtax of $533,248, statewide sales, services and use tax of $859,280, unrestricted state grants of $4,056,253, unrestricted investment earnings of $9,067 and other general revenues of $58,139.
Expenses for District operations for the year ended June 30, 2013 totaled $12,168,215, an increase of less than 1% over the prior year. Expenses included $7,270,091 for instruction, $3,203,771 for support services, $127,925 for non-instructional programs (excluding food service operations), $987,872 for other expenditures and $578,556 for food service operations.
A copy of the audit report is available for review in the District Secretary’s office, in the Office of Auditor of State and on the Auditor of State’s web site at http://auditor.iowa.gov/reports/1330-5949-B00F.pdf.