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Audit released on Gladbrook-Reinbeck Community School District

Hunt & Associates, P. C., Certified Public Accountants, released an audit report on Gladbrook-Reinbeck Community School District in Reinbeck, Iowa. The District’s revenues totaled $7,743,376 for the year ended June 30, 2014, a .6 percent decrease from the prior year. Revenues included $3,584,423 in local tax, charges for services of $571,021, operating grants, contributions and restricted interest of $1,048,421, capital grants, contributions and restricted interest of $13,346, unrestricted interest of $23,535 and other general revenues of $2,502,630. Expenses for District operations totaled $7,710,456, a 1.9 percent decrease from the prior year. Expenses included $4,594,401 for instructional services, $676,161 for administrative services, and $663,048 for operation and maintenance of plant 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 website at http://auditor.iowa.gov/reports/index.html.