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State Auditor’s Office Releases Audit Report Of Sheldon Schools

Des Moines, Iowa — Auditor of State Mary Mosiman has released an audit report on Sheldon Community School District in Sheldon.

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Mosiman reports that the district’s revenues totaled nearly $13.5 for the year ended June 30, 2014, a 7.5% increase over the prior year. Revenues included nearly $4.5 million in local tax; charges for service of nearly $1.2 million; operating grants, contributions and restricted interest of slightly over $2 million; instructional support surtax of about $550,000; statewide sales, services and use tax of about $844,000; unrestricted state grants of about $4.3 million; unrestricted investment earnings of about $30,000 and other general revenues of nearly $30,000.

Expenses for district operations for the year ended June 30, 2014 totaled about $12.7 million, an increase of 4.4% over the prior year. Expenses included about $7.8 million for instruction; about $3.3 million for support services; nearly $66,000 for non-instructional programs (excluding food service operations); about $914,000 for other expenditures and about $581,000 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/1430-5949-B00F.pdf.

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