Ridihalgh, Fuelling, Snitker, Weber, & Co. CPA’s recently released an audit on the La Porte City Utilities for the year ended June 30, 2014.
Ridihalgh, Fuelling, Snitker, Weber, & Co., CPA’s reported that the Utilities’ receipts totaled $3,885,095 for the year ended June 30, 2014. The receipts included $2,579,526 in charges for services, $75,419 in grant and miscellaneous proceeds, $1,226,816 for bond proceeds, and $3,334 for interest on investments. Disbursements totaled $3,617,321 for the year ended June 30,2014, of which $405,161 debt service.
A copy of the audit report is available for review in the office of the Auditor of the State and the Utility office.