Weather Alert

Winter Weather Advisory

Snow moves into the area with 1-3" expected. Higher amounts found west of Waterloo/Charles City. Travel will become slick as snow spreads southeast throughout the afternoon and evening.

WEATHER ALERT

CBS 2 - Search Results

The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

IA Auditor Warns of Spending Surplus

DES MOINES, Iowa (AP) -- The state auditor in her annual review of the state budget says Iowa's political leaders have improved spending practices but Iowa still spends more than it takes in and covers the difference by dipping into a budget surplus.
   Auditor Mary Mosiman delivered a largely positive review of state budgeting Monday but points out that the state is spending $171 million more than it takes in and will cover the overspending by tapping into the its $746 million surplus.
   The budget for fiscal year 2015 which began July 1 spends $1.02 for every dollar taken in from tax revenue.
   Mosiman also warns lawmakers and the governor must carefully plan ahead since they've committed hundreds of millions of dollars to commercial property tax reform and education reform for the next several years.

Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 

 
Advertise with us!
Brought to you by:
Brought to you by:

Washington Times

Sponsored content