Iowa City 2009 audit released - KWWL - Eastern Iowa Breaking News, Weather, Closings

Iowa City 2009 audit released

IOWA CITY (KWWL) -- Accountants have released details about a recent audit of Iowa City.  It covers the year that ended June 30, 2009.

Eide Bailly LLP, Certified Public Accountants, found revenues totaled $130,917,000.  That number included $47,085,000 in property taxes; $29,699,000 in intergovernmental and grant revenues; $5,634,000 in interest and investment earnings; and $42,928,000 in charges for services.

The audit found expenses for the year totaled $107,753,000.  Expenses included $42,682,000 for business-type activities; $20,730,000 for public safety; $15,177,000 for public works; and $9,574,000 for culture and recreation.

A copy of the audit report is available at the Office of the City Clerk, the Public Library, or online at the following link.

Online Producer: Mike Verlo

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