Study Shows Governor Water Funding Economically Good

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The SAVE for the Future Proposal championed by Governor Branstad announced an economic study that paints the boost to water quality funding in a favorable light.

The Iowa State University sponsored study conducted by Dr. Dermot Hayes, Dr. Cathy Kling, and Dr. John Lawrence says the projected spending would be near par to the the economic activity generated.
The initiative would make $690 million, 1,150 full-time employment positions, and 2,800 total positions.
The study stays conservative with factored in costs by the Iowa Nutrient Reduction Strategy, but adds there could be more economic downstream benefits. Iowa's goal is reducing non-point source nitrogen by 41 percent and phosphorus by 29 percent, which means less nutrients in other states rivers or the Gulf of Mexico. Total benefits could be break even according to the report.
The governors SAVE initiative takes a portion of the growth of an extended one percent sales tax that is estimated to generate $4.7 billion over 20 years.
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