State Auditor David Vaudt has released an audit report on the City of Granger.

According to the report, the City’s receipt’s total $2,589,927 for the last fiscal year – which is an 8% decrease from the previous year.  This includes more than $668,000 in property tax, $93,000 from tax increment financing, $529,000 from charges for service and $221,000 in operating grants, contributions and restricted interest.  Other income sources are $70,000 from the local option sales tax, $8,000 from unrestricted interest on investments, $983,000 from note proceeds and $16,000 from other general receipts.

Disbursements for the City increased by 17% from the prior year – totaling $2,893,113.  This includes $600,000 for capital projects, $514,000 for public safety, $393,000 for refunding general obligation notes, $367,000 for debt service and $523000 for business type activities.

A copy of the audit report can be obtained from the City Clerk’s office or on the State Auditor’s website.

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