Branstad left a $900 million surplus
FOR IMMEDIATE RELEASE: Thursday, October 7, 2010
Contact: Tim Albrecht (515) 491-2722
Branstad left a $900 million surplus
(CEDAR RAPIDS) – The Governor Branstad campaign released the following that shows when Branstad left office Iowa had a $900 million budget surplus.
The $900 Million Surplus figure can be documented from the FY 1998 Gray Book (End of Session Report) as follows:
p.10 FY 1998 Ending Balance $435.8M
p.15 Cash Reserve Balance $219.6M
p.15 Economic Emergency Fund Balance $219.6M
p.15 Infrastructure Fund Balance $17.9M
Total: $892.9M
http://governorbranstad2010.com/wp-content/uploads/2010/09/900-MillionGB.pdf
For more information on tonight’s debate visit www.governorbranstad2010.com/debate
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Read more at Branstad for Governor
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