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Release South Tama schools annual audit

April 5, 2012
Toledo Chronicle, Tama News-Herald

SOUTH TAMA SCHOOLS- Nolte, Cornman & Johnson P.C. have released an audit report on the South Tama County Community School District in Tama.

The District's revenues totaled $17,509,393 for the year ended June 30, 2011, An increase of 5.11 percent from the prior year. Revenues included local tax of $4,397,099, statewide sales, services and use tax of $965,847, charges for service of $819,394, operating grants, contributions and restricted interest of $2,378,529, capital grants, contributions and restricted interest of $45,741, unrestricted state grants of $8,014,797, nonspecific federal grants of $592,299, and unrestricted interest and other revenues of $295,687.

Expenses for District operations totaled $17,788,128, a 5.84 percent decrease from the prior year. Expenses included $6,048,006 in regular instruction, $2,585,768 in special instruction, and $1,990,057 in administration services.

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:

auditor.iowa.gov/reports/reports.htm.

 
 

 

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