Where We Stand on Iowa 2015 Budget and Reserves
Under biennial budgeting with 86 percent of the general fund planned for 2015 and departments capped at 50 percent, the Revenue Estimating Conference forecasts just under 7 billion dollars in upcoming tax receipts. Lawmakers cannot spend more than 99 percent of available revenue. The current year shows a surplus of 854.1 million dollars, with two reserve funds at 649.6 million and the Taxpayer Trust Fund holding 120 million to support 2013 tax credits.
State budget on table this session
Lawmakers confront a balanced budget plan amid talks on one time spending room or tax cuts. The session addresses Medicaid funding shifts, tax and education reforms, tuition freezes, and workforce skills programs.
Branstad to unveil fiscal 2015 budget in January address
Tim Branstad will present his fiscal 2015 budget plan with a State of the State address on January 14. GOP led House and Senate Democrats aim to agree on a total general fund target early in the session to trim at least one week from the 100-day election year session. Up to 7.6 billion dollars in revenue available under the expenditure limit, while last session net appropriations were about 6.5 billion and multiyear commitments will spend down surplus dollars.
MENTIONED IN THIS ARTICLE
Branstad
House
Senate
Prospects for Progress in Iowa Legislature Highlight Budget Path
The split-control Iowa Legislature approved a 4 percent K‑12 aid boost for next year and vows to follow the law on forward funding. Lawmakers warn next year’s spending will rise by 400 to 500 million due to commitments and boosts. Projections show property tax reimbursements rising to 278.7 million by 2017 and education reforms to 147.9 million by 2018, with Medicaid shortfalls noted for current and next fiscal years.
MENTIONED IN THIS ARTICLE
Branstad
GOP
Senate
Mike Gronstal
Council Bluffs
Legislative Democrats
Kraig Paulsen
Hiawatha
LSA
Hatch sees greater opportunity in governor bid
Senator Jack Hatch says he now has a greater sense of opportunity in the 2014 Democratic gubernatorial race after Rep. Tyler Olson dropped out. He vows to solidify his base, draw uncommitted voters, and win support from unions and business groups while defending his voting record against Republican Gov. Terry Branstad.
MENTIONED IN THIS ARTICLE
Jack Hatch
Tyler Olson
Cedar Rapids
Hatch
Terry Branstad
Branstad
Des Moines Democrat
Olson
Afscme
Iowa City
Outback Bowl Brand Push Highlights Iowa Alumni Ties
The Iowa City Area Development Group launches Iowa Brag a 2014 regional branding effort using social media to highlight Iowa regional assets. ICAD cites 14 College Football Hall of Fame Hawks 60 public ivy schools and 34 Hawkeyes in the NFL to reconnect alumni and promote Corridor growth.
MENTIONED IN THIS ARTICLE
Hawkeyes
University of Iowa
Iowa City Area Development Group
Iowa Brag
Iowa
Da-Layne Williamson
Icad Group Workforce Business Services
Hawkeye
Tampa
Hayden Fry
Branstad Jindal food pledge tied to Outback Bowl result
Gov. Terry Branstad and Gov. Bobby Jindal pledge seafood and pork donations based on the Outback Bowl outcome. If Iowa Hawkeyes defeat LSU, Jindal donates 100 pounds of Louisiana seafood to Iowa and 100 to a Louisiana bank. If Iowa loses, Branstad donates 100 pounds of pork to Iowa and 100 to Louisiana.
MENTIONED IN THIS ARTICLE
Des Moines
Terry Branstad
Louisiana
Bobby Jindal
Hawkeyes
LSU Tigers
Jindal
Iowa Food Bank
Louisiana Food Bank
Branstad
Iowa
Iowa Select Farms Foundation
Home Delivery Gazette subscription changes due today
Gazette customers must call the Customer Care office by 11 a.m. today at 800-397-8333 or email customercare thegazette com to modify Thursday deliveries. The office hours are 6 a.m. to 11 a.m. today.
MENTIONED IN THIS ARTICLE
Gazette
Thegazette
The Gazette Publication Details and Contact Info
The Gazette printed daily from Cedar Rapids Iowa with subscription rates and post office box address. It lists delivery options and general contact numbers for the Cedar Rapids newspaper.
MENTIONED IN THIS ARTICLE
Second Ave
Cedar Rapids
Iowa
Gazette
The
Gazette Co
Gazette Co. Inc
P.O
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Gov
David Roederer
Chuck Soderberg
LeMars
Sen
Bob
Dvoreky the
Re Department of “‘Anagement
Prospects For
Bennett
Roy Crawley
Kim Reynolds
John Deere
Anamosa
Rod Boshart
Michael Chevy Castranova
Jim Riley
the Gazette
James Q. Lynch
James. Lynch
Sourcemedia.net
Mike Wiser
Lee Des Moines
Eric Hanson
ICAD
Livability.com
Thelsea
Keenan
Home Delivery
Blairs Ferry
S. Deal
Thedealla
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