2018 Annual Financial Statement

The City of Port Republic's Annual Financial Statement for the year 2018 (unaudited) provides a comprehensive overview of the municipality's financial condition. Key financial data includes a net valuation taxable of $115,501,800.00 and a population of 1,037. The statement covers various fund types, including the Current Fund, Federal and State Grant Fund, Capital Fund, and Trust Funds, detailing their respective assets, liabilities, reserves, and fund balances. It also provides schedules for delinquent taxes, foreclosed property, and debt service, as well as emergency appropriations and revenues and expenditures. The Chief Financial Officer and Registered Municipal Accountant both certify aspects of the report's accuracy. The report notes a penalty of five dollars per day if not filed by February 10, 2019.