Nolte, Cornman & Johnson P.C. recently released an audit report on the Union Community School District in La Porte City, Iowa.
The District’s revenues totaled $15,178,888 for the year ended June 30, 2015, a 1.44% increase from the prior year. Revenues included $4,547,673 in property tax, $593,095 in income surtax, $1,144,220 in statewide sales, services and use tax, $6,420,012 in unrestricted state grants, $1,252,974 in charges for service, $1,122,735 in operating grants, contributions and restricted interest, $5,942 in unrestricted interest and $92,237 in other general revenues.
Expenses for District operations for the year ended June 30, 2015, totaled $14,782,267 a 0.16% increase from the prior year. Expenses included $5,122,628 for regular instruction, $1,681,021 for special instruction and $1,658,620 for other instruction.
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/index.htm.