Audit report for PCM CSD

Terpstra Hoke and Associates P.C., Certified Public Accountants, released an audit report on PCM Community School District in Prairie City.

The District’s revenues totaled $17,348,758 for the year ended June 30, 2022, a 2.8 percent increase from the prior year. Expenses for District operations for the year ended June 30, 2022 totaled $14,857,163, a 1.0 percent increase from the prior year.

The auditor reported eight findings related to the receipt and expenditure of taxpayer funds. They are found in the Schedule of Findings and Questioned Costs of this report. The District was provided with recommendations to address each of the findings. Four of the eight findings discussed above are repeated from the prior year.

A copy of the audit report is available for review in the District Secretary’s office and on the Auditor of State’s website at https://auditor.iowa.gov/audit-reports.