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Audit of city of Mason City released

City Hall in Mason City
City Hall in Mason City

MASON CITY – An audit performed on the city of Mason City’s finances for the fiscal year ending June 30, 2013, was released last week.

The audit, performed by certified public accountants Kronlage & Olson, P.C., of Charles City, showed that the city’s revenues totaled $51,014,040 while expenses totaled $50,881,450.

Revenues included $20,291,901 of property taxes; $10,129,460 in federal and state funds; $17,657,179 of charges for services; and $304,603 of uses for money and property.

Expenses included $8,942,796 for public safety; $3,174,323 for public works; $734,159 for health and social services; $3,396,606 for culture and recreation; $5,490,905 for community and economic development; $2,200,056 for general government; $3,342,294 for debt service; $6,120,323 for capitol projects; and $17,479,988 for business-type activities.

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