• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, July 5, 2022
The Iowa Torch
  • Home
  • State Government
  • Federal Government
  • Local Government
  • Politics
  • Education
  • Opinion
No Result
View All Result
  • Home
  • State Government
  • Federal Government
  • Local Government
  • Politics
  • Education
  • Opinion
The Iowa Torch
The Iowa Torch
No Result
View All Result
Home State Government

Iowa House Republicans release budget targets for FY 2023

Iowa House Republicans plan to move forward with a state budget of $8.2738 billion for the next fiscal year beginning July 1, 2022.

Iowa TorchbyIowa Torch
February 23, 2022
in State Government
Reading Time: 2 mins read
Speaker Grassley Announces Iowa House Committee Leadership

Iowa House of Representatives Chamber in the State Capitol.
Photo Credit: Iowa House Republicans

DES MOINES, Iowa – Iowa House Republicans late last week released their spending plan for the Fiscal Year 2023 state budget.

RELATED POSTS

Reynolds to ask Iowa Courts to reconsider recent abortion rulings

Post Roe, state elected officials pledge abortion debate in Iowa

Iowa Supreme Court rules there is no right to abortion in state constitution

Iowa House Republicans plan to move forward with a state budget of $8.2738 billion for the next fiscal year beginning July 1, 2022.  The proposed budget is an increase of $148.9 million over the current year spending level of $8.1249 billion.  This amount is an increase of 1.83 percent over Fiscal Year 2022.

The funding breakdown amongst the various budget subcommittees is:

The largest increase goes to the state’s local school districts, who receive an additional $159 million through the 2.5 percent increase in the state foundation formula, $5 per pupil increase for student funding equity, and funding school transportation assistance at the state-wide average.

The plan also includes a $20 million increase to the Justice Systems budget to continue House Republicans’ commitment to supporting public safety and the Department of Corrections. Additional funds across various budget subcommittees will be used to address workforce shortage issues through training and childcare programs.

Iowa House Republicans say the reduction in funding within the Administration and Regulation budget is the result of the federal government taking over costs to expand access to broadband.  The proposed budget also takes into account House Republicans’ plan to cut taxes for all Iowans passed by the full chamber on February 16th.

ADVERTISEMENT

“Iowa House Republicans have once again proposed a responsible funding plan for the state,” said State Rep. Gary Mohr, R-Bettendorf, Chairman of the Appropriations Committee. “Thanks to the responsible budgeting practices we’ve implemented over the past decade, we are faced with a historic opportunity this session, to deliver tax relief for every Iowan and maintain our funding commitments to Iowans’ priorities.”

Iowa House Speaker Pat Grassley, R-New Harford, expressed his support for the funding plan.

“Once again, we are delivering on the promises we have made to Iowans,” said Grassley. “This plan follows the same responsible budgeting principles Iowans have come to expect from House Republicans, while returning the overcollection of Iowans’ money back to the taxpayer.  We’ve said from the beginning of session we would deliver a tax cut and budgeting plan that was sustainable and provided relief for all Iowans and that’s exactly what we’ve done.”

Budget subcommittees will finalize work on their individual budgets in the coming weeks. The Iowa House target budget is $72.1 million more than the budget proposed by Gov. Kim Reynolds and Iowa Senate Republicans for FY 2023.

 

Tags: 2022 Iowa Legislative Session89th General AssemblyGary MohrIowa House Appropriations CommitteeIowa House RepublicansIowa state budgetPat Grassley
ShareTweetShare
ADVERTISEMENT
Previous Post

Iowa House approves bill restricting girls’ sports to biological females

Next Post

Editorial: Protect women’s sports

Iowa Torch

Iowa Torch

The Iowa Torch​ is a for-profit, news organization that focuses on political news as it relates to Iowans.

Related Posts

Schultz: Governor Highlights Successes in Western Iowa
State Government

Reynolds to ask Iowa Courts to reconsider recent abortion rulings

June 29, 2022
State Government

Post Roe, state elected officials pledge abortion debate in Iowa

June 25, 2022
Hendrickson: Fiscal Conservatism Works
Opinion

Hendrickson: A pro-taxpayer budget

June 8, 2022
Group Pushes for Tax Cuts with Iowa’s Projected Revenue Growth
State Government

The Iowa Legislature adjourns for the 2022 session.

May 25, 2022
State Government

Iowa House will not vote on school choice bill this year

May 24, 2022
architecture building city facade
Politics

Five Iowa House Republicans took money from teachers’ union PAC

May 20, 2022
Next Post
Reynolds Says Blocking Transgender Athletes From Girls Sports Is a ‘Fairness Issue’

Editorial: Protect women's sports

Grassley: Biden’s Bloated Budget

Federal disaster declaration approved for 25 Iowa counties

Sign-Up For Our Daily Updates

Get The Iowa Torch right in your inbox!

Please wait...

Thank you for signing up!

Recommended Articles

Guard Your Heart From Scammers This Valentine’s Day

Guard Your Heart From Scammers This Valentine’s Day

February 11, 2022

Iowa House Passes Two Bills Supporting Sexual Assault Survivors

March 12, 2021
Reynolds Appoints Badding to Iowa Court of Appeals

Reynolds Appoints Badding to Iowa Court of Appeals

July 23, 2021

Popular Stories

  • Schultz: Governor Highlights Successes in Western Iowa

    Reynolds to ask Iowa Courts to reconsider recent abortion rulings

    0 shares
    Share 0 Tweet 0
  • Iowa employers say attracting a quality workforce is a top priority

    0 shares
    Share 0 Tweet 0
  • Axne attacks Nunn in first campaign ad

    0 shares
    Share 0 Tweet 0
  • Several Republican incumbent lawmakers lose primaries

    0 shares
    Share 0 Tweet 0
  • Bill Gustoff Announces Campaign for Iowa House District 40

    0 shares
    Share 0 Tweet 0

The Iowa Torch

The Iowa Torch​ is a for-profit, news organization that focuses on political news as it relates to Iowans

Categories

  • Education
  • Federal Government
  • Iowa History
  • Local Government
  • News
  • Opinion
  • Politics
  • State Government
  • Uncategorized
  • Uncategorized

Newsletter

Please wait...

Thank you for signing up!

© 2022 The Iowa Torch, a publication of 4:15 Communications, LLC.

No Result
View All Result
  • Home
  • About Us
  • Advertise
  • Contact Us
  • State Government
  • Federal Government
  • Local Government
  • Politics
  • Education
  • Opinion

© 2022 The Iowa Torch, a publication of 4:15 Communications, LLC.