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Grundy County audit report
April 2, 2017

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The County had local tax revenue of $22,002,366 for the year ended June 30, 2016, which included $1,979,804in tax credits from the state. The county forwarded $16,003,418 of the local tax revenue to the townships, school districts, cities and other taxing bodies in the county.

The county retained $5,998,948 of the local tax revenue to finance county operations, a less than 1% increase over the prior year.

Other revenues included charges for service of $1,306,604, operating grants, contributions and restricted interest of $4,015,476, capital grants, contributions and restricted interest of $4,258,390, tax increment financing of $80,967, local option sales tax of $405,536, unrestricted investment earnings of $51,238 and other general revenues of $208,732.

Expenses for County operations for the year ended June 30, 2016 totaled $12,751,706, a 6.8% increase over the prior year.

Expenses included $6,264,131 for roads and transportation, $1,918,940 for administration and $1,786,521 for public safety and legal services.

A copy of the audit report is available for review in the County Auditor's Office, in the Office of Auditor of State and on the Auditor of State's web site at auditor.iowa.gov/reports/1610-0038-B00F

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