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Annual Tama city audit is complete

March 13, 2018
Toledo Chronicle, Tama News-Herald

Gronewold, Bell, Kyhnn & Co. P.C. CPAs have released an audit report on the City of Tama.

The City's receipts totaled S3,935,041 for the year ended June 30, 2017, a 12.4% decrease from 2016. The receipts included $1,146,712 in property tax, $186,813 of tax increment financing, $1,275,541 from charges for services, $713,700 from operating and capital grants, contributions and restricted interest, $201,985 from local option sales tax, $19,757 from unrestricted interest on investments, $241,912 from debt proceeds, and $148,621 from other general receipts.

Disbursements for the year totaled $3,465,858, a 24. 1 % decrease from the prior year, and included S755,107 for public safety, $610,528 for public works, $4,650 for health and social services, $267,635 for culture and recreation, S302,446 for community and economic developmen~ $286,846 for debt service, $214,382 for capital projects, and $185,423 for general government. Also, disbursements for business type activities totaled $838,841.

A copy of the audit report is available for review in the City Clerk's Office, the Office of the Auditor of State, and on the Auditor of State's web site at htti)://auditor.i.owa.~),o~,/reports~/reports.htin.



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