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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

Jul 03, 2012

Page

5

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.

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.

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.

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

Also Mentioned on This Page

Som She Jason Glass Michael.Wiser See Hanna the Gazette Michael Chmelicek Marion Cedar Rapids Iowa City Coralville North Liberty Dupaco Freedom Festival America Dupaco.com Dupace
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