Auditor of State Mary Mosiman today released an audit report on Clarke Community School District in Osceola, Iowa.
The District’s revenues totaled $19,646,854 for the year ended June 30, 2017, a 6.8 percent increase over the prior year. The revenues included $5,165,231 of local tax, $1,374,742 of statewide sales, services and use tax, $282,911 of income surtax, charges for service of $1,107,814, operating grants, contributions and restricted interest of $3,573,821, unrestricted investment earnings of $75,845, unrestricted state grants of $7,972,696, gain on disposal of assets of $21,578 and other general revenues of $72,216.
Expenses for District operations for the year ended June 30, 2017 totaled $18,134,598, a 5.2 percent increase over the prior year, and included $6,783,347 for regular instruction, $2,560,583 for special instruction and $2,027,943 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 Auditor of State and on the Auditor of State’s web site at https://auditor.iowa.gov/reports/1730-1211-B00F.