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Frequently
Asked Questions
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CITY
ANNUAL FINANCIAL REPORTS
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| Q |
What are the
filing requirements for the City Annual Financial Report (AFR)?
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| A |
Chapter 384.22 of
the Code of Iowa requires all Iowa cities to file an AFR with the Auditor of
State not later than December 1 of each year. Cities must complete and file a
publication page and worksheets provided by the Auditor of State.
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| Q |
Instead of
publishing, can the publication page be posted?
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| A |
Chapter 362.3 of
the Code of Iowa allows cities with population of 200 or less to post the
publication page in three public places instead of making the publication. The
three places should be those previously designated by city ordinance and used
for the posting of other required notices.
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| Q |
Can the AFR be
filed electronically?
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| A |
Electronic filing
is not yet available.
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| Q |
When will the
current fiscal AFR forms be available?
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A |
The FY 2007 AFR's were mailed out
on July 10th, 2007.
Copy of the FY 2007 letter mailed with the AFR packets
FY 2007 AFR form
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Q |
Where do we send in the two copies of the completed AFR forms?
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| A |
The address these forms should
be mailed to is: Office of Auditor of State, Lucas State Office Building, 321 E.
12th Street, 2nd Floor, Des Moines, IA 50319
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FILING
FEES
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| Q |
What are filing
fees?
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| A |
Filing fees, as
provided for under Iowa Code section 11.6, subsection 10 are paid by
governmental subdivisions for filing each audit performed in accordance with
those subsections.
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| Q |
Who specifically
has to pay a filing fee?
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| A |
All cities and
city offices, counties, county hospitals organized under Chapters 347 and 347A,
memorial hospitals organized under Chapter 37, entities organized under Chapter
28E having gross receipts in excess of $100,000 in a fiscal year, merged area
schools, area education agencies, and all school districts are required to pay
a filing fee when they file an audit report with the Auditor's Office.
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| Q |
How do I determine
the amount to pay for a filing Fee?
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| A |
A fee scale has
been established by administrative rule. Fees are determined based on the
budgeted expenditures of the governmental subdivision from the certified budget
as last adopted or amended for the fiscal year of the report being filed.
The designated
strata and applicable fees are as follows:
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Budgeted
Expenditures in
Millions of Dollars
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Fee Amount
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Under 1 |
$
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100
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At least 1 but less
than 3 |
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175 |
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At least 3 but less
than 5 |
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250 |
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At least 5 but less
than 10 |
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425 |
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At least 10 but less
than 25 |
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625 |
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25 and over |
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850 |
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Q |
How are filing
fees used?
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A |
Filing fees are
used by the Office of Auditor of State to perform complete or partial reaudits
as provided in Chapter 11.6, subsection 4 and to review audit work papers
relating to audits of governmental subdivisions as provided for in Chapter
11.6, subsection 5.
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| Q |
Where do I send my filing
fee payment?
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| A |
Effective 10/15/2007, filing
fees should be mailed to:
Office of Auditor of State
PO Box 333
Des Moines, Iowa 50302-0333
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REQUEST FOR PROPOSALS (RFP)
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| Q |
Does the Auditor
of State have a form to use when requesting proposal for audit services for
local government?
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| A |
Yes. To download
the form (Microsoft Word 97), right-click HERE
and click Save Link/Target As... on the context-sensitive menu.
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AUDIT REPORT FILING REQUIREMENTS
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| Q |
What audit report filing requirements are required of governmental subdivisions in Iowa? |
| A |
A chart listing audit report filing requirements is listed HERE. |
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| Q |
Where do I send the paper copies of the audit report, invoice, and news release? |
| A |
Office of Auditor of State
State Capitol Building
Room 111
1007 East Grand Avenue
Des Moines, Iowa 50319-0001 |
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| Q |
Where do I send the electronic PDF copy of the audit report? |
| A |
Email to: SubmitReports@auditor.state.ia.us |
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