Direct federal spending in Buena Vista County increased by 6.0 percent from $88,951,000 during fiscal year 1998 to $94,317,000 during fiscal year 1999, according to a report recently issued by the U.S. Department of Commerce.
The Federal Government's fiscal years runs from Oct. 1 through Sept. 30. Federal spending in the county had declined slightly the previous year.
This same report indicated that total direct federal spending in the United States had increased from $1,484.2 billion during fiscal 1998 to $1,539.9 billion during fiscal year 1999 or by 3.8 percent. Nationally, direct federal spending had increased by 3.7 percent from fiscal 1997 to fiscal 1998 having amounted to $1,431.1 billion during fiscal 1997.
Direct federal spending in Iowa was $15,601,525,000 during fiscal 1999 having increased by 7.3 percent from $14,534,928,000 during fiscal year 1998. Direct federal spending in the state had also increased by 7.3 percent from fiscal 1997 through fiscal 1998 having been $13,542,447,000 during fiscal 1997.
Read the rest of this article in the 1/16 Pilot Tribune.