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Eide Bailly LLP released an audit report on the City of Marshalltown, Iowa.
The City’s revenues totaled $42,106,605 for the year ended June 30, 2020, a .5 percent decrease from 2019. Expenses for the year ended June 30, 2020 totaled $34,105,813 a 8.1 percent increase from the prior year.
Eide Bailly LLP did not report any findings related to the financial statements. 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 at City Hall and the Library, and online at the city's website here.