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Gladbrook-Reinbeck audit report released

REINBECK – Terpstra Hoke and Associates P.C., Certified Public Accountants, recently released an audit report on the Gladbrook-Reinbeck Community School District.

The District’s revenues totaled $10,285,292 for the year ended June 30, 2024 – a 0.8% increase from the prior year. Expenses for District operations for the year ended June 30, 2024, totaled $10,113,631 – a 7.4% increase from the prior year.

The auditor reported nine findings related to the receipt and expenditure of taxpayer funds. They are found in the Schedule of Findings of this report. The District was provided with recommendations to address each of the findings. Five of the nine findings discussed above are repeated from the prior year.

A copy of the audit report is available for review in the G-R district secretary’s office and on the Auditor of State’s website by visiting https://www.auditor.iowa.gov/reports/file/81812.pdf.