The Iowa State Auditor's Office released an audit report on Jasper County last week that showed the county had total tax revenue of more than $50 million for the fiscal year ended June 30, 2011, a $3 million increase from the year before.
Last year's tax revenues of $50,193,903 included more than $1.6 millon in tax credits from the state.
The county forwarded $37.3 million of the local tax revenue to the townships, school districts, cities and other taxing bodies in Jasper County and retained $12.8 million to finance county operations, less than a 1 percent decrease from the year before.
Other revenues included charges for servicing totaling $1.5 million, operating grants, contributions and restricted interest of nearly $7 million, capital grants of $1.9 million, tax increment financing of $677,000, local option sales tax of $1.32 million, investment earnings of $174,000 and other general revenues in excess of $260,000.
Expenses for county operations last fiscal year totaled $24.8 million, a 4 percent increase over the prior fiscal year. Expenses included $8 million for roads and transportation, $5 million for public safety and $3.6 million for mental health.
The report also contains a county management overview of the budget as well as some deficiencies noted by auditors during the review such as segregation of duties, an instance of non-publication of a notice to hold a public hearing to sell the former care facility and disbursements exceeding budgeted amounts in the debt service fund.
A copy of the report can be read here.