A recent report from the State Auditor confirms that work by Republicans and Democrats in the Legislature over the past several years has helped keep Iowa’s state budget in good shape. |From Senator Amanda Ragan
A recent report from the State Auditor confirms that work by Republicans and Democrats in the Legislature over the past several years has helped keep Iowa’s state budget in good shape.
Since 2005, we’ve balanced the state budget without raising taxes. Fiscal Year 2011 ended with a surplus of $264 million, plus $594 million in our savings accounts. This means Iowa has a total of $858 million in the bank.
Iowa’s economy is now 5th best in the country, up from 10th last year, according to CNBC’s annual report on America’s top states for doing business.
This type of growth is made possible by a solid state budget, on-going fiscal responsibility and the state’s economic recovery– a recovery that is stronger than that of most other states.
With the state budget in such good shape, I look forward to the next legislative session and to focusing greater attention on job creation, our local schools and other much-needed investments in Iowa’s continued growth.
