On Friday, Auditor of The State of Iowa Rob Sand released an audit report on Henry County. The County’s revenues totaled $23,264,690 for the year ended June 30, 2021, a 37.1% increase over
the prior year. Expenses for County operations for the year ended June 30, 2021 totaled $17,925,846, a 4.2% increase over the prior year. The significant increase in revenues is primarily due to an increase
in property tax revenue and in infrastructure assets contributed by the Iowa Department of Transportation.
Sand reported thirteen findings related to the receipt and expenditure of taxpayer funds. The findings address issues such as lack of segregation of duties, material amounts of receivables not properly recorded in the County’s financial statements, lack of reconciliations, public health billings, collections and delinquent accounts and an unallowable donation to a private entity. Sand provided the County with recommendations to address each of these findings.
Ten of the findings discussed above for the County are repeated from the prior year. The County Board
of Supervisors and other 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. A link to that site will be with this story on kciiradio.com.  https://www.auditor.iowa.gov/reports/audit-reports/