Governor closes books on FY09 budget

September 25, 2009 by O.Kay Henderson · Leave a Comment 

Governor Culver is declaring the state’s fiscal year 2009 budget balanced. FY 2009 ran from July 1, 2008 to June 30, 2009. Read the news release from the govenror’s staff below, as well as a copy of the governor’s executive order.

GOVERNOR CULVER: FY2009 BUDGET BALANCED

DES MOINES – Governor Chet Culver announced today that the Iowa Department of Management has closed fiscal year 2009 with a balanced budget.

“The national economic recession has created challenges for state governments across the country, but we kept our word to the taxpayers of Iowa and ended a tough financial year with a balanced budget,” said Governor Culver. “We did it without raising taxes, like many states have done, and we did it without holding a special legislative session, like many critics said would be needed. We did it because, in good times and bad, we’ve managed the state’s finances.

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New acting DED director, deputy

September 22, 2009 by O.Kay Henderson · Leave a Comment 

Breaking news on the Film Office/DED front; news release below:

GOVERNOR CULVER APPOINTS FRED HUBBELL AS INTERIM DIRECTOR OF IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT

Joe O’Hern Appointed Interim Deputy Director at IDED

DES MOINES – Governor Chet Culver today announced that Fred S. Hubbell has agreed to serve as the interim director of the Iowa Department of Economic Development (IDED). Hubbell, of Des Moines, has led global companies as well as civic initiatives in Iowa. Because of previous commitments, he will begin the interim appointment on October 5.

In addition, Governor Culver announced that Joe O’Hern, deputy director at the Iowa Finance Authority (IFA), will serve as interim deputy director at IDED, focusing on IDED’s flood recovery efforts.

“The history of the Hubbell family runs parallel to the history of Iowa, and I am honored that someone with Fred’s experience, integrity and commitment to our state will serve in this key position,” said Governor Culver. “Fred’s leadership will help us ensure that proper oversight is in place for IDED programs. And he will play a vital role in our work to support business and job opportunities to help Iowa work our way out of the economic recession.”

“Economic development in Iowa is a critical engine for growth,” said Interim Director Hubbell. “I look forward to helping both Governor Culver and the department address this issue and focus on what IDED does well, which is creating and retaining jobs.”

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