Condition of state finances - KWWL - Eastern Iowa Breaking News, Weather, Closings

Condition of state finances

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MANCHESTER (KWWL) - Iowa State Auditor Dave Vaudt, calls himself the "Taxpayers' Watchdog". Monday night in Manchester, he gave the Condition of the State's Finances.

Vaudt says the state's budget sets Iowa up for some difficult challenges in the next fiscal year.  The auditor stressed the key to responsible budgeting is bringing expenditures in line with revenues.

"I think traveling the state of iowa strying to educate Iowans more about what's happening with our finances, it's so important that Iowans have a better understanding of what's truly happening and what the long term effects are," said Vaudt.

Auditor Vaudt says spending in the 2009 fiscal year exceeds revenues by over $370 million.

 

Online Producer: Maria Magner

 

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