Iowa tax collections rise 5 percent fueling 2013 reforms
Iowa revenue for fiscal 2012 grew about 5 percent, led by personal income tax gains and higher sales and corporate receipts. Gov. Branstad hailed a year of better-than-expected results, boosting potential money for tax cuts and school reform as officials note adjustments from cigarette tax shifts. Net receipts reached about $6.123 billion, with June alone up $289.5 million versus last year.
MENTIONED IN THIS ARTICLE
Gazette
Des Moines Bureau
Des Moines
Iowa
Terry Branstad
Legislative Services Agency
LSA
Iowa leaders eye tax cuts as revenue improves
Governor Branstad cites strong revenue and fully funded reserves while warning of crop prospects amid hot dry weather. He notes potential tax reductions in 2013 and discusses property tax relief, education reform, and using surpluses to aid counties cities and school districts.
MENTIONED IN THIS ARTICLE
Branstad
Towa
Iowa
Iowa wins one year reprieve from No Child Left Behind
U S Department of Education grants Iowa a one year waiver delaying full NCLB sanctions. The letter notes Iowa's adoption of college ready standards and gap closing work but requires a stronger waiver application for permanent relief. Governor Branstad and Education Director Glass blame the Legislature for implementing changes rather than the federal decision.
MENTIONED IN THIS ARTICLE
Mike Wiser
Des Moines
U.S. Department of Education
Iowa
Deborah Delisle
Delisle
Department of Education
U.S
Chuck Grassley
Federal Education Department
Terry Branstad
Glass
Quirmbach
U.S. Education Department
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