State Audit Report Released for Palo Alto County

State Auditor Rob Sand today (Fri) released an audit report on Palo Alto County.

According to the report, Palo Alto County’s revenues totaled just over 24.1 million dollars for the 2023 fiscal year, up by just over 20 percent. The rise in revenues is due to increased contributions from the Iowa Department of Transportation for road infrastructure.

Expenses for county operations for the fiscal year totaled a bit more than 17.1 million dollars, an increase of under one percent.

Auditor Sand reported two findings related to the receipt and expenditure of taxpayer funds which address issues including lack of segregation of duties and material amounts of receivables, payables, and capital assets not properly recorded in Palo Alto County’s financial statements. Sand provided the county with recommendations to address each of the findings, which were repeated from the previous year.