Draper, Snodgrass, Mikkelsen & Company released an audit report on Creston City Water Works.
The Water Works’ receipts totaled $6,811,427 for the year ended June 30, 2013, a 6 percent decrease from 2012. The receipts included $4,564,549 from charges for
services, $1,398,389 from capital grants, contributions and restricted interest, $6,381 from unrestricted investment earnings and $842,108 from other general receipts.
Disbursements for the year totaled $7,068,754 for business type activities, a 4
percent increase from the prior year.
The report contains recommendations to the utility trustees and other utility 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.