MASON CITY – State Representative Sharon Steckman says a sluggish economy has lead to lower state revenues and a potentially difficult budgeting process in this year’s legislative session.
Mrs. Steckman, a Democrat, says the Legislature has “some tough budget decisions to make when they come back in January due to declining state revenues.” According to details she released in a statement, at the Revenue Estimating Conference’s (REC) December meeting, the state budget is $135 million in the red.
She went on to say that “during the 2016 legislative session, the Legislature and Governor adopted a fiscal year 2017 budget that appropriates $7.350 billion for the time period of July 1, 2016, through June 30, 2017. When the Legislature created the fiscal year 2017 budget, it was $75 million below the estimated available revenue. However, due to declining revenues the estimates now show the state has a $135 million shortfall. Included in that shortfall is an additional $21 million needed for Branstad’s Medicaid privatization plan.”
To create a budget for fiscal year 2018, (July 1, 2017 through June 30, 2018), the Governor and the Legislature will use the estimated revenues from the REC’s December meeting. The REC predicts that there will be a 4.8% growth for FY 2018, which equates to a total of $7.556 billion.
Heard the economy was wonderful, or is it in the tank, which is it or is it undecided, the truth is obvious, the economy is and has been ruined for 27 plus years all by design by the sorcerers/13 bloodlines who own everything and leave nothing to “chance”, the United States has and is a “corporation” since 1871 the United States is not an Country and is owned by the one who holds the “crown”, at some point ignorance is a choice, wake up slaves you love the reality the elites have created for you, you are traded and sold on the stock market daily they call you Goyim/cattle for a reason, your ignorant.
Public servant salaries have not gone up 30 to 40% unless they are the directors or managers appointed by the govenor. The day to day workers are barely managing to keep up with private sector wages. I hope teachers are well paid and do not take a pay cut — they are educating the young who are the hope of our economic future.
If they are so good why are our children rated so far down on the world scale? Why are their test scores so bad? Why are they such entitled sissy’s? In other words, the teachers are not doing what they are paid to do and should not get another penny until they start doing their jobs.
One reason is that the U.S. tests ALL kids. Other countries don’t. They only test the top students. Same goes for their test scores. Teachers aren’t paid to change those “entitled sissy’s” (sissies) to respectful young people. That is your job. Apparently you are not doing that very well.
You teach them to be socialist (communist). Look at what is happening in all the schools around the country. The schools enable that type of thinking and now they require safe rooms because thing don’t go the way they are taught. Just like the comments you make on here. You lost Snowflake and we are not done with you yet.
The only loser in this election was you. You got taken to the cleaners and believed what the trumpster said. Not draining the swamp, not jailing Hilary; those were just things he said but didn’t mean so that he could win. How do you feel about all those billionaires he is appointing to his cabinet? Think they are concerned about you? Ha Ha Ha. Merry Christmas.
LVS-It is people like you that are the fools of the election. I am not for Hilary but i was smart enough (unlike you) to know that the Billionaire Trump was not going to give a rats behind about the everyday people of America. Fools like you drank the Kool-aid and actually believed what he was saying to get your vote and now you are already trying to save face.
Looks like ya got your panties in a bunch again there, ya stupid old coot.
Deleting comments does not change the fact that you are an ignorant dumbass.
That will be with you until the day that you die, you idiotic old geezer.
Hopefully the Grim Reaper is working on getting you towards the top of his list….that would make all of North Iowa happy.
You people should be thankful for only having to deal with LVS here.
You don’t have to live next the moronic old asshole.
You wouldn’t believe some of the really stupid shit that we’ve seen him do.
I noticed that he spends a lot of time on his front porch riding in his chariot and yelling at kids in the neighborhood.
For the private sector the economy has been in the TOILET for 10 years – when was the last time the POOR folk on SS got a raise ?- public servant wages up 30/40% in last 10 years – SS 1% and 1% 0f 800 bucks is 8 fkn bucks per month – Drain the SWAMP!
Didn’t you hear? Trump didn’t really mean it when he said, “Drain the swamp.” It just made for good campaign rhetoric. Gingrich said that it was just an allegory.
His whole proposed cabinet is full of alligators.
I wonder if ALL the state employees, including teachers, are going to take 1 cent less? No, they will get their 3-4 percent raise, and our taxes will increase again
If taxes do increase, that is your lame duck governor’s fault. He is the one who is giving all the tax breaks to companies to bring them into the state, and he has created maybe 6 jobs in his latest time in office. And those 6 are the ones who are handling the lawsuits against him. Ask Terry if he is going to get a raise or have his IPERS lowered.
You sound like a whiny liberal making excuses for your teachers union.
You sound like a delusional ‘conservative’ who thinks he knows everything but, in reality, is in denial of his ignorance.
That sounds like a description of the stupid old coot.
Old smelly gone again.
Its LVS. He’s always had a thing for Sharon and Amanda.
LVS has always had a thing for being incredibly ignorant & stupid.
NIT’s resident dumbass.
But Obama/Clinton say the economy is doing just great.
The economy has been improving. GDP is up, unemployment is down, etc.
However, under Gov. Branstad the Iowa Legislature made sweeping changes to business income tax code and gave multiple large tax credits. Those businesses are making more money and paying less tax. The Gov. sold the bill on the premise that the businesses would then hire more people, leading to more personal income tax revenue. That hasn’t happened–just lower business income tax revenue.