Governor Says Impact Of Pandemic On Iowa’s Economy Is ‘Manageable’

Statewide Iowa — As state lawmakers return to Des Moines Wednesday, their primary objective is to hammer out a state budget.

Governor Kim Reynolds says the picture is more clear now on the impact of coronavirus on Iowa’s economy, after the state Revenue Estimating Conference met last Friday.

(As above) “They’re estimating a reduction in State revenue in Fiscal Year 21, of 0.8%, or $65-million.”

While that figure is “sharply different” from a few months ago, the governor says it’s “manageable.” She says state government is in a solid position with its cash reserves.

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