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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jan 07, 1992

Page

14

State hits optics financing snag in Iowa network

The Iowa statewide fiber optics project faces financing snags as insurers avoid backing certificates of participation due to political concerns. Project costs have reached about 23 million dollars with potential annual interest costs of roughly 1 million on 91 million dollars. State officials cite possible rating impacts and broader borrowings for school aid and fiscal 1993, while exploring private placement or project segmentation.

Rod Boshart Des Moines Terry Branstad Gretchen Tegeler State Department of Management Michael Fitzgerald Fitzgerald Tegeler Richard Johnson

Branstad faces toughest budget choices amid wage and GAAP issues

Governor Branstad calls the 1992 budget the most challenging due to unresolved employee salary questions and GAAP accounting requirements. The budget director notes tax collections are growing, but a shortfall of 12 to 46 million may force cuts, with a potential $170 million liability risk if a pay raise lawsuit is lost. State revenues rise 6.6 percent first half, with a 245.7 million month and year-to-date near 1.476 billion.

Rod Boshart Des Moines Terry Branstad Gretchen Tegeler State Department of Management Branstad Polk County

KKK Ad Triggers Recruiting Concerns In Wisconsin

Classified ads offering KKK information appeared in two southern Wisconsin papers prompting worry over recruitment. Janesville Gazette executives say the ad was likely placed in error while Beloit officials urge withholding public patronage to oppose distribution of such material. Local officials warn of possible harm from Klan activity and cross burnings reported in Dubuque nearby.

Janesville, Wis Wisconsin David Johnson Janesville Gazette Carl Hearing Johnson Janesville Wisconsin Knights Beloit Daily News South Beloit Beloit David Wilcox James Yarbrough Equal Opportunities William Behling the Gazette KKK National

Carter Obasanjo named to World Food Prize council of advisers

Former President Jimmy Carter and former Nigerian head of state Olusegun Obasanjo were named to the World Food Prize council of advisers. Prize chairman John Ryan praised their humanitarian work as the prize, founded in 1986, remains the largest honor for achievements in food and agriculture.

Carter World Food Council Des Moines Jimmy Carter Olusegun Obasanjo World Food Prize Council of Advisers John Ryan Food Prize

Brown pushes secret ballot in Iowa caucuses

Democratic presidential hopeful Jerry Brown calls for a secret ballot in the February 10 caucuses to ensure fairness amid Sen. Tom Harkin’s candidacy. He seeks disclosure of caucus preferences and criticizes current counting procedures while outlining a campaign to reform fundraising limits. Brown plans stops in Cedar Rapids Davenport Dubuque and other Iowa cities.

Jerry Brown Iowa Statehouse Des Moines Iowa Brown Tom Harkin Chicago Statehouse Iowa Democratic Party Harkin Sen Joseph Shannahan California New Hampshire

Menominee Tribe eyes purchase of Prairie Meadows racetrack

The Menominee Tribe of Wisconsin said it is interested in buying the Prairie Meadows Racing Facility in Altoona Des Moines area and is awaiting community support and potential Iowa legislation on casino gaming. Prairie Meadows filed for Chapter 11 bankruptcy November 27 over its 40 million debt and bondholder renegotiations.

Wisconsin Altoona Prairie Meadows Menominee Tribe of Indians of Des Moines Glen Miller Ers Polk County Miller Tribe Iowa

Also Mentioned on This Page

Kiewet Technologies Tootie Fruitists U.S.A Ities Ku Klux Klan Illinois Kal Kan Foods Inc USA Auth John Kirsch O'S
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