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Auditor presents 2025 financial report: levy provides roughly 47% of city revenue
Summary
Kali Lentz of CohnReznick presented Mantorville’s 2025 annual audit, reporting that the property tax levy supplies about 47% of city revenue and Local Government Aid about 24%; the mayor said he would explore road-funding options next year.
Kali Lentz of accounting firm CohnReznick presented Mantorville’s 2025 annual financial audit during the June 8 meeting. The presentation included revenue composition figures: the levy provides approximately 47% of the city's revenue and Local Government Aid contributes about 24%, according to the minutes. Councilmember Lynnette Nash and City Clerk-Treasurer Gretchen Lohrbach had met with Lentz the week before to review the audit conclusions.
Mayor Jeff Ingalls said he would like the council to consider options for fixing roads next year, citing the city’s revenue mix. The audit presentation did not record a formal council directive or vote on a specific funding mechanism at the June 8 meeting.
