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State Auditor stops by KMA

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Iowa State Auditor Mary Mosiman during a visit to the KMA Studios

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(KMAland) -- Iowa State Auditor Mary Mosiman stopped by KMA recently to talk about next year's state budget. Mosiman, who is the first female to hold the position in Iowa history, took office in May of last year after previous State Auditor David Vaudt left the position.

Mosiman says her office logs an average of 150,000 audit hours per year, however she says they are there to help local entities. "We are a resource for all of the government entities. Since we do have statutory audit responsibilities, we audit all of the state government but we have over-site responsibilities for local government so we are a resource as they put together budgets."

Mosiman understands that small towns have less man power than others and wants to inform them about the new auditing process starting this July. "Many of our cities are going to be impacted by what's newly going on. Audits of cities used to be based on population and cities with 2,000 or more had an annual audit . Cities with a population of 700-2000 had an audit once every four years. Cites with a population of 700 or less never had an audit. Now starting July 1, 2013 that is all changed it now is no longer population based but risk based. Cities of 2000 and more will continue to have an audit, but cities of less than 2000 it will be based on your budgeted expenditures and if your budgeted expenditures are a certain dollar amount you will have an annual examination if your budget is less than a certain dollar amount you will have a periodic examination."

On another topic, the State Auditor explains how budgets are created. On a state level, the Governor compiles his own budget and gives it to the legislature. The general assembly then works with the budget and gives it back to the Governor for a final action. At that point the Governor will then either sign or veto the budget. She says she has a personal goal of educating the public on how people interact together to make government work.

Mosiman is running again for office in November. For more information the State Auditor's website allows you to view reports, download information, link to related sites, and email questions or comments to her office.

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Iowa State Auditor Mary Mosiman during a visit to the KMA Studios