Rock Rapids, Iowa — East, Vander Woude, Grant & Co., P.C. today released an audit report on the Central Lyon Community School District in Rock Rapids.
The District’s revenues totaled $9,115,179 for the year ended June 30, 2012, a 5.569% increase from the prior year. Revenues included $6,698,238 in local tax; charges for service of $838,432; operating grants, contributions and restricted interest of $1,550,668; capital grants, contributions and restricted interest of $0; unrestricted interest of $15,434; and other general revenues of $12,407.
Expenses for District operations totaled $8,416,042, a 2.125% increase from the prior year. Expenses included $5,898,161 for instruction, $1,715,456 for support services, for non-instructional, $421,084 for other expenditures, and $381,341 for food service and FFA operations.
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 web site at http://auditor.iowa.gov/reports/reports.htm
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