T.P. Anderson & Co., P.C. released an audit report February 3 on the City of Sanborn.
T.P. Anderson & Co., P.C. reported that the City’s receipts totaled $8,084,286 for the year ended June 30, 2024. The receipts included $4,958,477 in Charges for Services, $947,566 in Miscellaneous Revenues, $785,912 in Bond Proceeds, and $766,357 in Property Tax.
Disbursements for the year totaled $7,489,721. These disbursements included $4,441,469 for business-type activities, $825,224 for culture and recreation, $710,543 for public safety, and $573,275 for debt service.
A copy of the audit report is available for review in the office of the Auditor of State and the City Clerk’s office.