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Terry Branstad on Budget & Economy

 

 


Restored Iowa's rainy day and economic emergency funds

Three years ago, like many other states, Iowa faced serious budget challenges. The path to prosperity was grim. Yet the charge to us was clear: restore predictability and stability to the state to get our fiscal house in order.

Working together, we have done just that. We have passed two biennial budgets that restore predictability to the state budget. These are budgets that hard-working Iowa taxpayers can depend on, budgets that work for Iowans by prioritizing education, economic development and job training. Today, Iowa's rainy day and economic emergency funds are full and we are fortunate to have a healthy budget surplus. Iowa is working.

Source: 2014 Iowa State of the State address , Jan 14, 2014

End the days of unsustainable commitments

The results of our past budget practices have been across the board cuts and a mountain of broken promises. The days of unsustainable commitments are over. It will come as no surprise to any of you that I am submitting a biennial budget that includes my recommendations for both Fiscal Years 2012 and 2013. Also included with this budget is a five year financial projection that shows how the decisions we make this year will impact the bottom line over the next five years. Iowa desperately needs these financial planning tools and I will insist the Legislature join me in this commitment to provide Iowans with an honest, open, and transparent approach to spending the public's money. We will make our government as good, as dependable, as well-managed as the people it serves.
Source: 2011 Iowa State of the State Address , Jan 27, 2011

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Page last updated: Jan 17, 2017