For Immediate Release: December 17, 2019
For more information contact: Paul Frantz
tel +1 (414) 777-5506 fax +1 (414) 777-5555
Scott County Audit Report Released
Baker Tilly Virchow Krause, LLP has released an audit report on Scott County, Iowa. The County had local tax revenue of $330,558,643 for the year ended June 30, 2019, which included $23,956,900 in tax credits from the state. The County forwarded $306,601,743 of the local tax revenue to the townships, school districts, cities and other taxing bodies in the County.
The County retained $49,636,074 of the local tax revenue to finance County operations, a 5.8 percent increase from the prior year. Other revenues included charges for service of $7,682,174, operating grants and contributions of $3,898,150, capital grants and contributions of $2,831,623, local option sales tax of $4,535,941, state tax replacement credits of $3,925,518, state shared revenues of $4,336,309, unrestricted investment earnings of $1,490,380 and other general revenues of $5,447,309.
Expenses for County operations totaled $77,956,128, a 2.7 percent increase from the prior year. Expenses included $27,031,854 for public safety and legal services, $4,485,813 for mental health, and $12,298,729 for administration.
A copy of the audit report is available for review in the County Auditor’s Office, County website at http://www.scottcountyiowa.com, in the Office of Auditor of State and on the Auditor of State’s web site at http://auditor.iowa.gov.
Baker Tilly Virchow Krause, LLP (Baker Tilly) is a leading advisory, tax and assurance firm whose specialized professionals guide clients through an ever-changing business world, helping them win now and anticipate tomorrow. Headquartered in Chicago, Baker Tilly, and its affiliated entities, have operations in North America, South America, Europe, Asia and Australia. Baker Tilly is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 147 territories, with 33,600 professionals. The combined worldwide revenue of independent member firms is $3.4 billion. Visit bakertilly.com or join the conversation on LinkedIn, Facebook and Twitter.
Baker Tilly Virchow Krause, LLP is a member of the Baker Tilly International network, the members of which are separate and independent legal entities. Baker Tilly refers to the global network of accounting firms of Baker Tilly International Limited. Each member firm is a separate legal entity. Baker Tilly International Limited does not provide services to clients.