Governor To Unveil Plan For Cutting Iowa Budget
October 28, 2009, 7:21 AM
Governor Chet Culver is unveiling his plans for a 10 percent across-the board budget cut, slashing $565 million in spending and forcing hundreds of layoffs.
Culver is to announce his decision Wednesday afternoon.
Preliminary plans from departments and agencies earlier this month put nearly 800 jobs on the line. With the elimination of vacant jobs, Iowa faces a total loss of over 1,300 positions.
Culver's order came after a panel of budget forecasters cut nearly $415 million from its projection of how much the state will collect in taxes in the current fiscal year. That's a 7.1 percent reduction from its projection in March, a figure on which the state's budget was predicted.
Culver ordered deeper cuts to guard against more bad economic news and to give the budget the ending balance it needs for cash-flow purposes.
© 2009 Associated Press. All rights reserved. Material may not be redistributed.
9/4/2015 9:40 AM
During a struggle, Officer Russ Stevenson shot and killed armed suspect 37-year-old Curtis James Meyer.
8/31/2015 5:34 AM
Deuel County Emergency Management said the girl was able to escape when a man attempted to take her.
9/2/2015 4:10 AM
The parking lot of Ferdig's Transmissions & Exhaust appears to be a focus of the investigation. A mobile command post is set up at the s...
9/2/2015 9:58 AM
The South Dakota Attorney General's office said Yankton Police Sgt. Jason Foote shot Trae Allen Angel in a downtown alley.
8/31/2015 6:57 AM
Alyssa Anderson, an assistant professor of biology at Northern State University, says mantises are not native to this area, and how they got to Aberde...