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Audit of City of Mason City available for viewing


This news story was published on January 16, 2019.
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MASON CITY – Kronlage & Olson, P.C., Certified Public Accountants today released an audit report on the City of Mason City for the year ended June 30, 2018.

The City’s revenues totaled $50,473,273 and included $22,572,705 of property and other taxes; $5,893,042 in federal and state funds; $19,595,160 of charges for services; and $512,071 of uses of money and property.

Expenses for the year totaled $50,615,265 and included $11,164,060 for public safety; $4,011,891 for public works; $374,804 for health and social services; $3,300,474 for culture and recreation; $2,224,006 for community and economic development; $2,613,006 for general government; $3,902,587 for debt service; $5,748,868 for capital projects; and $17,275,569 for business-type activities.

A copy of the audit report is available for review in the Office of Auditor of State and the City Clerk’s office.

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5 Responses to Audit of City of Mason City available for viewing

  1. Avatar

    Anonymous Reply Report comment

    January 17, 2019 at 10:33 am

    Was that 4 MILLION debt service – perhaps TIF – TIF ?

    • Avatar

      Anonymous Reply Report comment

      January 17, 2019 at 10:43 am

      No. Debt service are principal and interest payments made on bonds.

  2. Avatar

    Observer the Original Reply Report comment

    January 17, 2019 at 3:25 am

    I had to read this twice, more spending than income? A revenue shortfall of $141,992 is not sustainable and should not be allowed by a public entity.

    Yet City Council continues to hand out money for statues and other items that are not a necessity, especially when there is infrastructure that needs to be replaced, and property that has to be maintained.

    It’s time City Council stops following orders from 9 N Federal, and listen to the needs of the people.

    • Avatar

      Anonymous Reply Report comment

      January 17, 2019 at 8:08 am

      Excellent comment. The problem is they will never pay any attention to common sense. They are in the Chambers pocket, or maybe the Chamber is in theirs.