Fair
54°FFairFull Forecast

Pollard and Company P.C. release audit report on city of Osceola

Published: Tuesday, May 13, 2014 3:24 p.m. CDT

Pollard and Company P.C. released an audit report on the city of Osceola.

The city’s receipts totaled $9,854,116 for the year ended June 30, 2013, a 29 percent decrease from 2012.

The receipts included $2,955,760 in property tax, $3,682,246 from charges for service, $1,118,469 from casino fees and rent, $535,302 from operating grants, contributions and restricted interest, $313,698 from capital grants, $1,099,859 from hotel/motel and local-option taxes, $41,369 from unrestricted interest on investments, $58,618 from other general receipts and $48,795 from bond proceeds.

Disbursements for the year totaled $11,813,232, a 47 percent increase from the prior year, and included $1,546,448 for capital projects, $1,478,480 for debt service and $5,066,991 for community and economic development. Also, disbursements for business-type activities totaled $2,873,512.

A copy of the audit report is available for review in the office of the auditor of the state and the city clerk’s office.

Reader Poll

What's your favorite Halloween candy?
Skittles
Starburst
Reese's Peanut Butter Cup
Snickers
Other sugary sweets