Nolte, Comman & Johnson P.C., a Certified Public Accounting firm out of Newton, has released an audit report on the Allamakee Community School District in Waukon. A copy of the audit report is available for review on the Auditor of State’s web site at https://auditor.iowa.gov/audit-reports.
The District’s revenues totaled $16,426,392 for the year ended June 30, 2019, a 2.52% increase from the prior year. Expenses for District operations for the year ended June 30, 2019 totaled $16,553,419, which was a 3.99% increase from the prior year. Unrestricted state grants increased $798,899 contributing to the increase in revenues.
The increase in expenses occurred primarily in the support services function.