State Auditor David Vaudt completed his audit of Governor Culver’s FY 2011 budget this week and the results were troubling. Auditor Vaudt used numbers from the non-partisan Legislative Services Agency, and found that the Governor’s budget may be as much as $400 million out of balance. Auditor Vaudt’s review also indicates that this budget exceeds out state laws’ 99% spending limitation by $25 million.
Also troubling, is the Auditor’s finding that the Governor’s budget shortchanges local school districts, and ultimately local property taxpayers. Auditor Vaudt’s report states that the “…Governor’s budget could have the effect of raising property taxes
on Iowans by as much as $170 million.”
House Republicans have already offered $290 million dollars in budget savings, and we will continue to offer our ideas to fix the budget, while protecting taxpayers.
Read Auditor Vaudt’s report here.
