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South Tama School audit shows less revenues

May 12, 2011
Toledo Chronicle, Tama News-Herald
TAMA NEWS-HERALD - Nolte, Cornman & Johnson P.C. released an audit report on the South Tama County Community School District.

The District’s revenues totaled $16,657,791 for the year ended June 30, 2010, a decrease of 5.54 percent from the prior year. Revenues included local tax of $4,197,795, statewide sales, services and use tax of $992,760, charges for service of $802,602, operating grants, contributions and restricted interest of $4,507,365, capital grants, contributions and restricted interest of $92,856, unrestricted state grants of $5,905,064, unrestricted interest of $81,176 and other revenues of $78,173.

Expenses for District operations totaled $18,891,564, a 6.04 percent increase from the prior year. Expenses included $7,383,924 in regular instruction, $2,220,597 in administration, and $2,076,696 in special instruction.

A copy of the audit report is available for review in the District Secretary’s office, the office of the Auditor of State and on the Auditor of State’s web site at

http://auditor.iowa.gov/reports/reports.htm
 
 

 

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