T.P. Anderson & Co., P.C. has released an audit report on the City of Sanborn.
The CPA firm reported that the City’s receipts totaled $6,874,367 for the year ended June 30, 2023. The receipts included $5,098,981 in Charges for Services, $742,899 in property tax, $284,021 from Operating and Capital Grants, and $264,664 in miscellaneous revenues.
Disbursements for the year totaled $7,304,274. These disbursements included $3,946,267 for business-type activities, $981,690 for culture and recreation, $907,124 for community and economic development, and $571,712 for debt service.
A copy of the audit report is available for review in the office of the Auditor of State and the Sanborn City Clerk’s office.