Durant Municipal Electric audit report released

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Durant Municipal Electric Plant has released the December 31, 2020 audit report.

Key financial highlights for 2020 are as follows:

* Total receipts for the fiscal year ended Dec. 31, 2020 of $1,942,727 comprised of operating receipts in the amount of $1,776,360 and non-operating receipts totaling $166,367.

* Total disbursements were $1,819,392 which represented an increase of $32,714 from 2019 disbursements of $1,786,678.

A copy of the audit report is available for review at Durant Municipal Electric Plant, 601 4th Street, Durant, Iowa 52747 and on the Auditor of State’s website at https://www.auditor.iowa.gov/reports/file/65577/embed

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