For Immediate Release: December 17, 2019
For more information contact: Paul Frantz
[email protected]
tel +1 (414) 777-5506 fax +1 (414) 777-5555
bakertilly.com
Scott County Audit Report Released
Baker Tilly Virchow Krause, LLP has released an audit report on Scott County, Iowa. The County had local tax revenue of $330,558,643 for the year ended June 30, 2019, which included $23,956,900 in tax credits from the state. The County forwarded $306,601,743 of the local tax revenue to the townships, school districts, cities and other taxing bodies in the County.
The County retained $49,636,074 of the local tax revenue to finance County operations, a 5.8 percent increase from the prior year. Other revenues included charges for service of $7,682,174, operating grants and contributions of $3,898,150, capital grants and contributions of $2,831,623, local option sales tax of $4,535,941, state tax replacement credits of $3,925,518, state shared revenues of $4,336,309, unrestricted investment earnings of $1,490,380 and other general revenues of $5,447,309.
Expenses for County operations totaled $77,956,128, a 2.7 percent increase from the prior year. Expenses included $27,031,854 for public safety and legal services, $4,485,813 for mental health, and $12,298,729 for administration.
A copy of the audit report is available for review in the County Auditor’s Office, County website at http://www.scottcountyiowa.com, in the Office of Auditor of State and on the Auditor of State’s web site at http://auditor.iowa.gov.
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