Gov. Reynolds Announces $127 Million State Budget Surplus

DES MOINES, Iowa – Gov. Kim Reynolds says the state of Iowa has a budget surplus for the first time in a few years.

The governor’s office announced Tuesday that the state closed its fiscal year 2018 books with a surplus of $127 million.

It’s the first time in three years the state can make that claim.

In each of the last two fiscal years lawmakers had to make mid-year budget cuts to balance the state’s books.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.