The City of Storm Lake is required by the State of Iowa to have an outside public accounting firm perform an audit on all the City’s funds annually.
The audit ensures the City’s compliance with State and Federal regulations regarding the use and collection of public funds including taxes and grant funds. In addition, the audit ensure that the City funds are spent as reported and that accounting practices used on a daily basis by the City are correct.
The Fiscal Year 2010-2011 audit
was performed by Winther, Stave & Co., LLP of Spencer, Iowa.
The current and previous FY audit reports are also available on the State of Iowa’s Auditor