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Audit report

Hunt & Associates, P.C. Certified Public Accountants, have released an audit report on Gladbrook-Reinbeck Community School District in Reinbeck, Iowa

The District’s revenues totaled $7,789,674 for the year ended June 30, 2013, a 1.7 percent decrease from the prior year. Revenues included $3,665,973 in local tax, charges for services of $510,781, operating grants, contributions and restricted interest of $1,028,994, unrestricted interest of $26,512 and other general revenues of $2,557,414.

Expenses for District operations totaled $7,859,073, a 2.9 increase from the prior year. Expenses included $4,757,397 for instructional services, $672,422 for operation and maintenance of plant services, and $653,832 for adminstration 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 web site at auditor.iowa.gov/reports/reports.htm.