Iowa's budget is on the right track but long-term planning is ne - KTIV News 4 Sioux City IA: News, Weather and Sports

Iowa's budget is on the right track but long-term planning is needed


Making sure Iowans understand the budget is something State Auditor, David Vaudt has made his goal.

Vaudt says the good news is that Iowa has made strides in the right direction but now has a lot of challenges ahead.

One of those problems, funding pension plans for state workers.

Another issue, how much federal aid will the get state if Congress decides to change federal finances.

"Right now what Iowans need to know is that we spend about six-billion dollars with the state money along with about six-billion dollars with the federal money in order to provide our general fund services like Medicaid and education. So it's about a 12 billion dollar proposition. So we need to make sure that we start thinking about that declining revenue stream because our 12 billion dollar will have less support from the federal government," David Vaudt, the State Auditor of Iowa said.

Vaudt also says it's hard to know how much the federal funding states will get until after the election.

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