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Revenues for City of Waukee totalled over $30 million, according to recent audit

Denman & Company, LLP recently performed an audit on the City of Waukee and has now released the audit report. According to the report, the city’s revenues totaled $30,362,475 for the year ending June 30, 2013, which is a 14.9 percent increase from 2012. The total included $7,133,514 in property tax, $4,106,486 of tax increment financing, $12,853,139 from charges for service, and $70,990 in interest on investments. Expenses to the city for the year totaled $28,249,779, which is a 7.82 percent increase from 2012. The total included $9,709,045 for business activities, $5,976,606 for capital projects, and $4,642,544 for debt service. The report also includes statutory comments related to deficit balances: the Employee benefits of $2,929 and Golf funds having of $9,984.

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

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