(Des Moines, Iowa) – Auditor of State Rob Sand, today (Friday), released an audit report on Guthrie County.

FINANCIAL HIGHLIGHTS:
The County’s revenues totaled $19,612,679 for the year ended June 30, 2022, a 2.8% increase over the prior year. Expenses for County operations for the year ended June 30, 2022, totaled $14,213,357, a 10.0% decrease from the prior year. The increase in the revenues is due primarily to an increase in property tax revenue and the significant decrease in the expenses is due primarily to a decrease in rock and sand inventory purchased in fiscal year 2022.

AUDIT FINDINGS:
Sand reported seven findings related to the receipt and expenditure of taxpayer funds. They are found on pages 92 through 98 of this report. The findings address issues such as lack of segregation of duties, material amounts of accounts payable, prepaid expenses and infrastructure and capital asset additions not properly recorded in the County’s financial statements. Sand provided the County with recommendations to address each of these findings.

Five of the seven findings discussed above are repeated from the prior year. The County Board of Supervisors and elected 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.