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Telecom board receives audit

By Kelby Wingert 1 min read

The Webster County Metropolitan Law Enforcement Telecommunications Board saw a decrease in both revenue and operating expenses during the fiscal year ending June 30, 2022.

Revenues totaled $601,722, a 1.18 percent decrease from the prior year.

Expenses for FY22 totaled $579,897, a 0.85 percent decrease from the year before.

"The decrease in revenues and expenses is due primarily to a decrease in member assessments and a decrease in support services," according to a press release issued with the audit this week.

The board's largest expense was $569,452 for support services.

Including $17 in dividends received in FY22, the Telecom Board added $21,842 to its cash balance, bringing the organization's total cash balance to $258,478.

Schnurr and Company LLP released its annual audit report on March 31 to the Iowa State Auditor's Office.

Schnurr's audit of the board also found no internal control deficiency and no instances of non-compliance, as well as no questionable disbursements and no restricted donor activity.

Starting at /week.