Primghar, Iowa — O’Brien county has recently been audited by the state for the fiscal year that ended on June 30, 2015. O’Brien County Auditor Barb Rohwer says the audit found no big problems, as usual.
She says that governmental entities in Iowa can have a private auditor do their audit, or have the state do it. She says in O’Brien County, they have the state do the audit.
Rohwer says the county had a good, clean audit.
She says while the audit report says the county took in $23,786,254, that figure is a little misleading.
Rohwer says the county had a total of $15,197,446 received in fiscal 2015. They had $15,063,278 in expenditures. So revenues exceeded expenditures by $134,168.
On the accrual basis, the report shows revenues of $12,514,215 and expenses of $12,416,482. So using the accrual basis, revenues exceeded expenditures by $97,733.
More information from the Iowa Auditor of State’s office:
Auditor of State Mary Mosiman today released an audit report on O’Brien County, Iowa. The County had local tax revenue of $23,786,254 for the year ended June 30, 2015, which included $1,906,566 in tax credits from the state. The County forwarded $17,686,859 of the local tax revenue to the townships, school districts, cities and other taxing bodies in the County.
The County retained $6,099,395 of the local tax revenue to finance County operations, a 1.6% increase over the prior year. Other revenues included charges for service of $1,923,314, operating grants, contributions and restricted interest of $3,599,275, capital grants, contributions and restricted interest of $3,222,225, tax increment financing of $263,343, local option sales tax of $496,833, unrestricted investment earnings of $35,326, gain on disposition of capital assets of $176,754 and other general revenues of $68,863.
Expenses for County operations for the year ended June 30, 2015 totaled $11,765,874, a less than 1% decrease from the prior year. Expenses included $4,981,510 for roads and transportation, $2,909,362 for public safety and legal services and $1,132,573 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 http://auditor.iowa.gov/reports/1510-0071-B00F.pdf.