City of Bettendorf, Iowa

A premier city.

Audit Report Released

IMMEDIATE RELEASE:

 

DATE:  January 26, 2012

 

SUBJECT:  Bettendorf, IA Audit Report Released

 

CONTACT:  Lori Ulloa, Manager of Accounting 563/344-4048 or lulloa@bettendorf.org

 

 

BETTENDORF: In accordance with Chapter 11, Section 11.19, Code of Iowa, we hereby notify you that the audit report for the City of Bettendorf, Iowa for the year ending June 30, 2011, was filed on Thursday, January 26, 2012 with the Auditor of the State of Iowa.

 

The City's revenues totaled $52,436,579 for the year ending June 30, 2011, a 1% increase from the prior year.  Revenues included $19,813,742 in property taxes, $3,097,551 for tax increment financing, $10,725,211 from charges for services, $5,476,302 from operating grants and contributions, $3,512,404 from capital grants and contributions, $4,282,026 from local option sales tax, and $5,529,343 from other general revenues.

 

Expenses for City operations totaled $50,930,453 a 4.7% increase from the prior year.  Expenses included $10,119,472 for Public Safety, $9,722,377 for Public Works, and $4,857,215 for Culture and Recreation.  Expenses for business type activities totaled $16,516,577.
 
The audit report is available for public inspection at City Hall, 1609 State Street, Bettendorf, Iowa or the City's webpage at