Draper, Snodgrass, Mikkelsen & Company released an audit report on the city of Creston.
The city’s receipts totaled $9,998,628 for the year ended June 30. 2013, a 33 percent decrease from 2012. The receipts included $2,451,130 in property tax, $662,093 from tax increment financing collections, $2,889,691 from charges for services, $1,890,362 from operating grants, contributions and restricted interest, $511,094 from capital grants, contributions and restricted interest, $130,216 from hotel/motel sales tax, $893,522 from local option sales tax, and $46,105 from unrestricted investment earnings.
Disbursements for the year totaled $12,121,167, a 1 percent increase from the prior year, and included $1,511,893 for public safety function, $2,468,296 for public works function and $2,673,211 for general government function. Also, disbursement for business-type activities totaled $689,599.
The report contains recommendations to the city council and other city officials.
A copy of the audit report is available for review in the city clerk’s office, the office of auditor of state and on the auditor of state’s website at http://auditor.iowa.gov/reports/reports.htm.