Post by Logan on Jun 28, 2016 5:07:45 GMT -6
Iowa auditor: State's finances in good health, but surplus dwindling
DES MOINES — Iowa is in good fiscal health, the state’s auditor said Monday.
But Mary Mosiman also cautioned lawmakers to put a pause on new expensive, multi-year programs like the 2013 education reform and commercial property tax cuts that have depleted the state’s budget surplus.
Mosiman delivered her annual audit of the state budget on Monday. She said good budgeting principles have helped keep the state’s reserve accounts full and state spending within available resources.
When asked by reporters for a grade rating of the state budget, Mosiman offered a B+.
Read more: www.thegazette.com/subject/news/government/iowa-auditor-states-finances-in-good-health-but-surplus-dwindling-20160627
DES MOINES — Iowa is in good fiscal health, the state’s auditor said Monday.
But Mary Mosiman also cautioned lawmakers to put a pause on new expensive, multi-year programs like the 2013 education reform and commercial property tax cuts that have depleted the state’s budget surplus.
Mosiman delivered her annual audit of the state budget on Monday. She said good budgeting principles have helped keep the state’s reserve accounts full and state spending within available resources.
When asked by reporters for a grade rating of the state budget, Mosiman offered a B+.
Read more: www.thegazette.com/subject/news/government/iowa-auditor-states-finances-in-good-health-but-surplus-dwindling-20160627