Hunt and Associates, P.C., certified public accountants, released an audit report on Interstate 35 Community School District in Truro.
The district’s revenues totaled $11,556,924 for the year ended June 30, 2014, a 4.1 percent increase from the prior year. Revenues included $3,775,768 in local tax, charges for services of $1,051,500, operating grants and contributions of $1,481,831, unrestricted interest of $3,350, and other general revenues of $5,244,475.
Expenses for district operations totaled $10,611580, a 6.8 percent increase from the prior year. Expenses included $6,374,316 for instructional services, $1,137,810 for administration services and $709,726 for transportation services.
A copy of the audit report is available for review in the district secretary's office, in the office of the auditor of the state and on the auditor of the state's website at http://auditor.iowa.gov/reports/index.html.