(Des Moines, Iowa) – Auditor of State Rob Sand has released an audit report on Audubon County, Iowa:

FINANCIAL HIGHLIGHTS:
The County’s revenues totaled $12,314,147 for the year ended June 30, 2022, a less than 1.0% increase over the prior year. Expenses for County operations for the year ended June 30, 2022 totaled $10,716,449, a 1.9% increase over the prior year.

AUDIT FINDINGS:
Sand reported three findings related to the receipt and expenditure of taxpayer funds. They are found on pages 76 through 80 of this report. The findings addressed issues such as lack of segregation of duties and material adjustments needed to properly record receivables and payables. Sand provided the County with recommendations to address each of the findings.
The segregation of duties finding discussed above is repeated from the prior year. The County Board of Supervisors and other County officials have a fiduciary responsibility to provide oversight of the County’s operations and financial transactions. Oversight is typically defined as the “watchful and responsible care” a governing body exercises in its fiduciary capacity.

A copy of the audit report is available for review on the Auditor of State’s website at Audit Reports – Auditor of State.