Hunt & Associates, P.C., Certificed Public Accountants, released an audit report on Murray Community School District in Murray, Iowa.
The District’s revenues totaled $4,286,564 for the year ended June 30, 2016, a 0.8 percent decrease from the prior year. Revenues included $1,255,841 in local tax, charges for services of $907,940, operating grants, contributions and restricted interest of $701,142, unrestricted interest of $4,197 and other general revenues of $1,417,444.
Expenses for District operations totaled $3,954,852, a 0.1 percent decrease from the prior year. Expenses included $2,267,340 for instructional services, $426,470 for administration services, and $310,554 for operation and maintenance of plant services.
A copy of the audit report is available for review in the District secretary’s office, in the office of the Auditor of State, and on the Auditor of State’s website, https://auditor.iowa.gov/audit-reports