DES MOINES– State auditor David A. Vaudt released an audit report on the City of Solon.
The City’s receipts totaled $4,600,911 for the year ended June 30, 2011. The receipts included $621,928 in property tax, $461,225 from tax increment financing, $983,547 from charges for service, $383,553 from operating grants, contributions and restricted interest, $142,847 from local option sales tax, $19,903 from unrestricted interest on investments, $1,958,359 from bond proceeds and $29,549 from other general receipts.
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