Iowa local governments earn substantial interest on idle funds
Iowa local governments earned 39.37 million dollars in interest for the year ended June 30 1976. From 1967 through 1976 their total interest earned reached 217.88 million dollars. Auditor Lloyd Smith urged continuing local investments and cautioned against pooling idle funds for state investment.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Lloyd Smith
Smith
Subdivision Investment Practices Analyzed in 1976 Report
Smith argues variations in financial needs prevent a uniform investment program. Subdivisions must keep sufficient demand deposits until revenues or liquid investments arrive. Statewide pooling could create social problems he opposes. The study shows total funds of 883,002,058 as of June 30, 1976, with 83.22 percent invested. Interest by counties and cities rose sharply from 1967 to 1976 across multiple entities.
MENTIONED IN THIS ARTICLE
Smith
Doderer Defends Statement On Conjugal Visits at Conference
Des Moines Senator Minette Doderer says AP coverage misrepresented her remarks on conjugal visiting rights. She asserts she did not take a stand for or against such visits and only stated that married couples in nursing homes deserve privacy and that insurance rules may restrict door access.
MENTIONED IN THIS ARTICLE
Des Moines
Minnette Doderer
Diown
Associated Press
Iowa
Gazette
The
Doderer
Strike ends at Iowa Beef plant in Dakota City Nebraska
Sioux City Local 222 of the Amalgamated Meat Cutters and Butcher Workmen voted 588 to 425 to end its strike at the Iowa Beef Processors Inc plant in Dakota City Nebraska. The four year contract was accepted subject to language clarification after talks with federal mediators in Sioux City last week.
MENTIONED IN THIS ARTICLE
Sioux City
Amalgamated Meat Cutters and Butcher Workmen of North America
Iowa Beef Processors Inc
Dakota City
Neb
McCarthy and Nixon Win Pennsylvania Presidential Primary
Ten years ago in Pennsylvania the presidential primary results showed McCarthy and Nixon defeating rivals. The race highlighted concerns within the party and set the stage for further campaign momentum in the region.
MENTIONED IN THIS ARTICLE
McCarthy
Nixon
Pennsylvania
Also Mentioned on This Page
Idle Fund Investments
Sen. Doderer
Frank Nye
Fritos
Food Mart
Marion Blvd
Marion
34Th St
Cedar Rapids
42Nd St
Edgewood Rd
Spring House
Hach Brothers CO. Inc
First Street
S.E
Hateliffs
Ratcliff
Sun
Stateltiffs Women & T
Mt. Vernon Rd
Vernon Village Shopping Center
Younkers
Olga
Lycée
San Francisco
United
West Coast
Ean
Olgalon
Misty
M. L
Peignier
Big Bird
Sesame Street
Cookie Monster
Bert and
Ernie
Jcpenney
Chelly Lynn
Shelly Lynn
ENING
Center Point Road
Iowa City
Arthur St