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Reserve Funds Needed to Balance State Budget

Posted: Sunday, February 21st, 2010 at 5:58 am

It appears as if state government in Iowa will have to dip into reserve funds to balance next year’s budget. That’s according to Fairfield State Senator Becky Schmitz, and Riverside Representative Larry Marek. The two spoke during the Washington Chamber of Commerce’s Legislative Briefing. They say one positive aspect to this is the fact that Iowa has a “rainy day fund” to fall back on. You can hear that session on our Radio Plus Page