Governor Chet Culver's proposed budget for Fiscal Year 2011 exceeds the state's 99-percent spending limitation and fails to address roughly $400 million in state costs, State Auditor David Vaudt said this week.
"He's actually spending $25 million more than the expenditure limitation, rather than the $61 million under the spending limitation that he presents in his budget document," said Vaudt, a Republican. "The governor's budget numbers just don't add up."
Culver defended his proposed budget, maintaining that it's balanced and spends less in his fourth year in office than when he began his term as governor in 2007.
Revelations last fall about the mismanagement of Iowa's film-tax-credit program came at a convenient time for the governor and the state legislature, as they provide an opportunity to evaluate tax credits at a time when the state budget is tight.






