Hunt & Associates, P.C., Certified Public Accountants, released an audit report on Gladbrook - Reinbeck Community School District.
The district's revenues totaled $8,163,156 for the year ended June 30, 2016, a 5.4 increase from the prior year. Revenues included $3,714,951 in local tax, charges for services of $490,274, operating grants, contributions and restricted interest of $1,033,397, unrestricted interest of $18,658 and other general revenues of $2,905,876.
Expenses for district operations totaled $7,328,642, a 6.3 percent decrease from the prior year. Expenses included $4,557,214 for instructional services, $549,241 for operation and maintenance of plant services and $488,095 for administration services.
A copy of the audit report is available for review in the district's secretary's office, in the office of the Auditor of State, and on the Auditor of State's web site at auditor.iowa.gov/audit-reports.