Government debt in Iowa has reached a new all-time high.

According to a state report by the Des Moines Register, Iowa’s total debt is more than $14.4 billion.  That amounts to roughly $4,700 for each resident.

Compared to last year, the debt total is up 4.4 percent and nearly 40 percent more than five years ago.

Locally, Dallas County has a total of $206,777,000 in governmental debt, Greene County cities and schools have a total debt of $12,571,000 and Guthrie County’s government debt amounts to $32,713,000.

The local entity with the most debt is the Waukee School District.  They account for more than one-third of Dallas County’s debt total at $112,790.

In Greene County, the city of Jefferson has the most debt at $6,702,000 and the city of Panora has the most debt in Guthrie County at $12,639,000.

For a full breakdown of Iowa’s government debt CLICK HERE.

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