Iowa Governor Offers $6.2 Billion Budget
January 28, 2009, 10:54 AM
Governor Chet Culver has sent the Legislature a $6.2 billion proposed state budget for the next fiscal year that cuts spending by more than $87 million from the current year and will likely force significant layoffs of state workers.
Culver told reporters at a news conference Wednesday that the budget cut is the largest in decades, and possibly the largest in state history. Culver's proposed budget is down 1.4 percent from the current year's $6.3 billion budget.
Culver proposes dipping into the state's cash reserves for more than $200 million and borrowing $700 million to be repaid with gambling profits over the next 20 years to pay for recovery from last summer's record flooding and repairing the state's aging infrastructure.
© 2009 Associated Press. All rights reserved. Material may not be redistributed.
7/3/2015 6:38 PM
A Brookings man is dead following a two-vehicle crash on I-29 Friday afternoon, just south of Baltic.
6/30/2015 9:46 AM
A 68-year-old Nebraska woman has died after a collision of two boats below Gavins Point Dam on the Missouri River.
6/29/2015 8:45 AM
At about 10:30 a.m. Sunday, the Marshall County Sheriff's Office said a body was found in the tenting area at Roy Lake State Park.
7/5/2015 12:25 PM
A Spearfish woman was killed Saturday in a single-vehicle rollover crash outside of town.
7/4/2015 2:36 PM
An Arlington woman has died following a crash Friday night, but authorities say her death was not a result of the accident itself.