Fiscal Update, August 2, 2010

The Fiscal Division newsletter, published weekly during session and periodically during the interim.

Fiscal Update, September 7, 2010

The Fiscal Division newsletter, published weekly during session and periodically during the interim.

Iowa Communications Network Fiscal Year 2010 Annual Report

Use of ICN’s Internet and data services have continued to increase exponentially, which reflects the capacity needed for greater access to high-speed Internet (Broadband). Users are incorporating more web-based applications, which uses larger amounts of bandwidth; such as transmitting hospital MRIs, video streaming, and web-based systems.

Department of Commerce - Iowa Utilities Board, Performance Report, Performance Results Achieved for Fiscal Year 2010

The report highlights the services the IUB provided to Iowans, along with results achieved to ensure reliability, and to improve and expand utility service infrastructure in Iowa. This information is provided in accordance with the State of Iowa Accountable Government Act, Iowa Code chapter 8E.

Iowa Department of Transportation Fiscal Year 2010 Report of Savings by Using Video Conferencing Through Iowa Communications Network to the Iowa General Assembly Pursuant to Iowa Code § II 84 Acts and Joint Resolutions Enacted at the 1994 Regular Session of the 75th General Assembly of the State of Iowa

Introduction and summary Iowa Code § 8D.10 requires certain state agencies to prepare an annual report to the General Assembly certifying the identified savings associated with that state agency’s use of the Iowa Communications Network (ICN). This report covers estimated cost savings related to video conferencing via ICN for the Iowa Department of Transportation (DOT). In FY 2010, the DOT did not conduct any sessions utilizing ICN’s video conferencing system. Therefore, no cost savings were calculated for this report.

Program and Summary of Budget Fiscal Years 2012-2013, January 27, 2011

Program and Summary of Budget by Governor Terry Branstad

Iowa Program Budget and Summary, Fiscal Years 2012-2013, January 27, 2011

Governor Branstad's budget reccommendations for the fiscal years 2012 and 2013. NOTE: this is a very large file and may take a while for it to download.

Iowa Department on Aging Office of the State Long-Term Care Ombudsman Annual Report 2010 (Federal Fiscal Year October 1, 2009 through September 30, 2010), January 2011.

The State Long-Term Care Ombudsman program operates as a unit within the Iowa Department on Aging. Duties of all long-term care ombudsmen are mandated by the Older Americans Act. This office serves people living in nursing facilities, skilled nursing facilities, residential care facilities, nursing facilities in hospitals, elder group homes and assisted living programs. In order to carry out all of the mandates of the Older Americans Act this office recommends to increase the number of local long-term care ombudsman, develop a volunteer long-term care ombudsman program, clarify the definition of assisted living in Iowa, expand the long-term care ombudsman program into home and community based services, and reinstate the Iowa Office of Substitute Decision Maker.

Fiscal Update, March 4, 2011

The Fiscal Division newsletter, published weekly during session and periodically during the interim.

Fiscal Update, April 5, 2011

The Fiscal Division newsletter, published weekly during session and periodically during the interim.

Optimal fiscal policy in overlapping generations models

[eng] This paper provides, from a theoretical and quantitative point of view, an explanation of why taxes on capital returns are high (around 35%) by analyzing the optimal fiscal policy in an economy with intergenerational redistribution. For this purpose, the government is modeled explicitly and can choose (and commit to) an optimal tax policy in order to maximize society's welfare. In an infinitely lived economy with heterogeneous agents, the long run optimal capital tax is zero. If heterogeneity is due to the existence of overlapping generations, this result in general is no longer true. I provide sufficient conditions for zero capital and labor taxes, and show that a general class of preferences, commonly used on the macro and public finance literature, violate these conditions. For a version of the model, calibrated to the US economy, the main results are: first, if the government is restricted to a set of instruments, the observed fiscal policy cannot be disregarded as sub optimal and capital taxes are positive and quantitatively relevant. Second, if the government can use age specific taxes for each generation, then the age profile capital tax pattern implies subsidizing asset returns of the younger generations and taxing at higher rates the asset returns of the older ones.

Sistema fiscal y reforma de la Seguridad Social

El presente trabajo analiza desde un punto de vista cuantitativo, mediante un modelo de equilibrio general de generaciones sucesivas, los efectos sobre la economía española de eliminar el actual sistema de Seguridad Social e implantar uno de capitalización. El análisis considera el proceso de transición y mide en términos de bienestar, quiénes son los agentes que se opondrían a este tipo de reforma. La consideración de la interacción entre el sistema de seguridad social y el sistema fiscal implica mayores beneficios asociados a una reforma de la seguridad social. Sin embargo, este tipo de reforma sigue generando pérdidas de bienestar para la mayoría de agentes vivos en el momentodel inicio de la reforma, existiendo un sesgo en favor del status quo.

Iowa Budget Book Fiscal Year 2011.

Our FY 2011 General Fund budget is balanced, fiscally conservative, and does not raise sales or income taxes. We have already proposed and signed three balanced state budgets and have demonstrated the leadership to ensure that the current year (FY 2010) budget is balanced in the face of dramatic and quick declines in state revenues last year that occurred as a result of the national recession.

Fiscal Update, August 5, 2011

The Fiscal Division newsletter, published weekly during session and periodically during the interim.

Hearing Aids and Audiological Services Funding Summary - Fiscal Year 2009

An annual report from the Early Hearing Detection and Intervention section of the Iowa Department of Public Health stating the number of children receiving audiological services, the dollars spent and the insrance coverage of the children that received either services or equipment.