Iowa trust fund question breaks down potential $150 million in revenue
DES MOINES, Iowa: A natural resources and outdoor recreation trust fund amendment will appear on the November 2, 2010 ballot in the state of Iowa. According to reports, if the measure is approved by voters, the next time the Iowa Legislature approves a sales tax increase, the measure would allow 3/8ths of one cent to be used in support of the Natural Resources and Outdoor Recreation Trust Fund. This would establish permanent revenue for natural resources and outdoor recreational programs in the state.
It has been reported that this would generate about $150 million a year. If the measure is enacted, the potential $150 million would be spent as follows on outdoor recreation and natural resources:
- Natural resources: 23 percent would be allocated to state parks, state forests, state preserves, wildlife areas and other.
- Soil conservation and water protection: 20 percent would be used for soil conservation and watershed protection
- Watershed protection: 14 percent would be used to help preserve watersheds
- Resource Enhancement and Protection Program: 13 percent of the revenue would be used for natural, cultural, and recreational resources parks, trails, museums, and roadside beautification.
- Local conservation partnership: 13 percent would be handed out to local communities for areas pertaining to outdoor and recreation
- Trails: 10 percent would go to outdoor trails for recreational use.
- Lake restoration: 7 percent would go to public lake restoration around the state.
More details on the proposal, click here