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IA Republicans Finalize $35M in Midyear Budget Cuts

IA Republicans Finalize $35M in Midyear Budget Cuts

March 22, 2018 01:42 PM

DES MOINES, Iowa (AP) - Iowa Republicans have finalized midyear cuts of more than $35 million to the state's $7.2 billion budget.
    
The GOP-controlled Senate voted 28-21 Wednesday night for a bill that reduces the budget that runs through June. The Republican-majority House voted for the same plan Tuesday. It now heads to GOP Gov. Kim Reynolds.
    
The bill cuts about $25.4 million from various state agencies, including nearly $11 million from the University of Iowa and Iowa State University. There are also reductions of $4.3 million from the agency that oversees health services and $3.4 million from corrections.
    
Lawmakers also agreed to take $10 million from a program that helps businesses expand.
    
A budget panel said last year that state revenue was below projections. The panel improved its outlook recently, but Republicans say they wanted a cushion for the budget.

(Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
 

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(Copyright 2018 by The Associated Press. All Rights Reserved.)

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