Iowa debt reaches all time high - CBS4 - WHBF Quad Cities, IL-IA News Weather Sports

Iowa debt reaches all time high

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By: CBS 4 Newsroom
newsroom@cbs4qc.com

Iowa's government debt has reached a new all-time high.

It is now the equivalent of more than $4,500 per resident.

A detailed list will be released on Monday showing which state agencies, counties, cities, and school districts have accumulated more than $14 billion in debt.  

That's up more than four percent from a year ago, and nearly 40% over the last five years.

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