The State Auditor’s Office recently released its audit report for Lake Panorama Rural Improvement Zone.

The report shows the RIZ receipts were $3,313,815, which was a 11.9-percent decrease over the previous fiscal year. It was noted in the report that the significant decrease in receipts was due to decreases from no land sales in the current year. Disbursements for the year totaled $4,056,672, which was a 31-percent decrease from the prior year. The large decrease was due to a decrease in dredging disbursements in fiscal year 2022.