Posts tagged: Budget Targets

House Republicans Release Budget Targets

(DES MOINES) – Wednesday, House Republicans released their budget plan for Fiscal Year 2016.  The House Republican budget spends 99.9 percent of on-going revenue, $7.175 billion.

“It is important to Iowans that we do not spend more than we have and live within our means.  While standing by this principle for the last five legislative sessions, Republicans have found common ground with the Governor and Senate Democrats.  We expect that to continue those efforts this year,” said Rep. Chuck Soderberg (R-Le Mars).  “Living within one’s means is something the hardworking taxpayers of Iowa do every day.  Government needs to do the same.”

Each budget area target is as follows:

  • Administration and Regulation — $49.8 million
  • Agriculture and Natural Resources — $42.0 million
  • Economic Development — $41.4 million
  • Education — $977.6 million
  • Health and Human Services — $1.8 billion
  • Justice Systems — $728.0 million
  • Standings — $3.5 billion

The House continues to move their budget through the legislative process.