State of Iowa Faces Huge Revenue Issues in 2011

Everyone thinks that 2010 was the most difficult budget year f or the State of Iowa, but, 2010 may pale in comparison to what awaits Iowa lawmakers in 2011.

According to a report in the Des Moines Register, Iowa lawmakers closed the 2010 budget gap of $ by utilizing one-time sources of revenue. Not only that, but all of the federal stimulus money is gone.

“Over the two years, nearly 60 percent of the money from one-time revenue source….