State Auditor Mary Mosiman’s office has released an audit report on the City of Perry.
According to the audit, revenues for fiscal year 2014 totaled $11,280,944 which is an 8.3 percent decrease over the year before. Among the receipts are $4.5 million from charges for service, $2.4 million in property tax, $2 million from bond proceeds, $1.5 million from local option sales tax and $1.2 million from operating grants. Other revenues include tax increment financing, capital grants, contributions and restricted interest, franchise fees, hotel/motel tax, unrestricted interest in investments and other general receipts.
Expenses for the year totaled $10,875,345, equal to a decrease of one percent over the prior year. This includes $2.3 million for capital projects, $1.8 million for public works, $1.6 million for public safety and $1.2 million for disbursements for business type activities.
A full copy of the audit report can be found in the City Clerk’s office or CLICK HERE.