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Grassley introduces bill to ease inflation, encourage savings

News

June 21st, 2022 by Ric Hanson

(Radio Iowa) – As gas prices and inflation bound into record territory, Iowa U-S Senator Chuck Grassley is co-sponsoring a bill he says will provide relief and protections for our savings accounts. Grassley, a Republican, says the Middle-Class Savings and Investment Act would help lower- and middle-income Americans save as inflation outpaces any interest they might earn through targeted tax relief. “We need more incentive to save,” Grassley says. “If people save, they aren’t spending the money. That reduces the amount of money chasing too few goods. The other thing is, this inflation is making a miserable impact upon people’s savings.”

Grassley says many people are watching their savings erode while facing taxes on gains that may not be keeping pace with inflation. That creates what he calls “a perverse incentive to spend now” instead of saving, which further fuels inflation. “We’ve had savers’ incentives going way back to 2001 and 2003 when I was chairman of the Finance Committee,” Grassley says, “so inflation is those limits when you can save and not pay tax on it, or get a credit for saving a certain amount.” Grassley says the legislation will ensure that those who are hurting the most from inflation aren’t further burdened by taxes.  “Those dollar figures that were set 20 years ago are hurt by inflation, so we’re raising them so more people can take advantage of it,” Grassley says. “My middle income savings bill will help families through tax relief, as well as helping them save more for the future.”

Grassley says key elements of the bill include: Excluding a reasonable amount of interest income from being subject to tax ($600 for married couples, $300 for individuals; more than doubling the size of the zero percent (lowest) tax bracket for long-term capital gains and qualified dividends; eliminating the marriage penalty which subjects some income to an additional 3.8 percent tax, and indexing its income threshold to inflation; increasing the maximum “savers credit” anyone can get for contributing to qualified retirement accounts and expanding the availability of that credit to more taxpayers.

Audubon CSD Building Project hits a snag

News

June 21st, 2022 by Ric Hanson

(Audubon, Iowa) – An Audubon Community School District Building Project has hit a snag. Superintendent Eric Trager said he couldn’t legally comment on all the specifics because of pending litigation against the General Contractor, who Trager says “Backed-out” on the project about two and a-half weeks ago.

He said it’s unclear right now, how far this might set the project completion timeline back.

He said Camblin Mechanical out of Atlantic and Nelson Electric out of Carroll, are “doing such a great job and are ahead of schedule” on their part of the project.

In any case, a delay in getting a General Contractor isn’t expected t affect the start of school year, on August 23rd.

In other business, Superintendent Trager said the Audubon School Board approved six Summer Launch Program contracts.

And, the Board, he says, hired Gary Keller, who will come back to teach vocal music until a permanent replacement is found for a late resignation, and, Brad Kirchhoff will serve as the Assistant Wrestling Coach next year.

Former Iowa star has high hopes for Detroit

Sports

June 21st, 2022 by Ric Hanson

Former Iowa star tight end T.J. Hockenson hopes his fourth season can be a breakout year for the Detroit Lions. Hockenson had 61 catches, including four touchdowns in a season that was cut short by hand surgery. The Lions finished 3-13-1.

Hockenson likes to potential of the offense under new coordinator Ben Johnson.

Hockenson believes the offense will do a better job of spreading the field and giving him for favorable matchups.

Iowa’s Kris Murray to attend NBA Draft

Sports

June 21st, 2022 by Ric Hanson

Iowa junior Kris Murray withdrew his name from the NBA Draft but he will be at the draft Thursday night in the Barclay’s Center.

Twin Brother Keegan is considered a possible top five pick after an All-American sophomore season with the Hawkeyes.

Kris says he felt he will benefit from another year in the Iowa program.

Kris discovered how high his profile is during Iowa’s kids camp last week.

Linn County group not giving up on CR casino despite moratorium

News

June 21st, 2022 by Ric Hanson

(Radio Iowa) – The leader of the group pushing for a casino license for Cedar Rapids says they aren’t giving up. Linn County Gaming Association board president Anne Parmley says the group had hoped the governor wouldn’t sign the bill that puts licenses on hold. “Well, I think it would have been pessimistic not to hold out hope. So yes, we held out a little hope, but figured this probably be the outcome,” she says. The bill the governor signed Friday freezes the casino licenses at 19 for the next two years. Parmley’s group had artist renderings of the facility done and was preparing for the license approval process to start. “How we look at it now is we have to wait two years and work over those two years to ensure that things move forward in two years, so we can build that facility out and start gaining the benefits for Linn County,” Parmley says.

Parmley says they’ll continue working on their plan and keep supporters up-to-date. “Standing in front of city council letting them know what’s going on, as well as the supervisors, those groups have been incredibly supportive of this effort and will continue to be active with them in understanding what’s going to happen,” Parmley says. ” I think this gives developers more time to just kind of moved the whole concept, location and all that forward.” The Republican leader in the Iowa Senate, Jack Whitver, said “gaming fatigue” led lawmakers to the temporary moratorium as they want to see how things shake out. Parmley says the gambling competition with the border states of Nebraska, Wisconsin, and Illinois is one of the things that could be an impact in the next two years.

And the concern will remain about how a Cedar Rapids casino impacts existing casinos. She expects another study to look at that issue. “And I think that study would both look at cannibalization as well as you know, within the state but across the borders, and really given us better information to look at as far as what that exactly means these days,” she says. Parmley says the moratorium is disappointing — but they have to move forward. “You kind of have to figure out what’s in your control. And right now, the two-year delay is not in our control. So we just have to push forward and we’re really excited about what’s possible,” according to Parmley. “The city is very much behind, pushing forward, despite the delay, and getting really excited about what that side of the river could look like with this facility.”

The license moratorium will expire in July of 2024.

Summer arrives with renewed fears of flash droughts

News, Weather

June 21st, 2022 by Ric Hanson

(Radio Iowa) – This (Tuesday) is the first day of summer and the continued hot, windy conditions are raising fears of flash droughts in Iowa and across the region. Meteorologist Dennis Todey, director of the U-S-D-A’s Midwest Climate Hub in Ames, says we’ve been seeing elevated temperatures for a few weeks already and that heat may soon start impacting Iowa corn and soybeans. Todey says, “Summer is hot but when you are warmer than average and have sunny skies, lots of wind, lower relative humidity, the atmosphere puts more demand or wants to use more water out of a crop.” A flash drought is the rapid onset or intensification of drought, brought on by all of the conditions we’re seeing.

Todey says it can appear — and spread — very fast. “That can add on problems very quickly, can add distress to a crop,” Todey says. “If you’ve got soil moisture to draw from, plants can handle this for a while. If your soil moisture is a bit more limited, the problems will show up sooner.”

The latest climate outlooks show warmer temperatures across Iowa and much of the Northern Plains into September. Soil moisture, he notes, is being depleted rapidly due to the hot, windy weather.

Oakland man arrested on a felony drug charge in Red Oak

News

June 21st, 2022 by Ric Hanson

(Red Oak, Iowa) – A Pottawattamie County man was arrested a little after 2-a.m. today (Tuesday), following a traffic stop in Red Oak. According to Red Oak Police, officers arrested 44-year-old Matt Len Staley, of Oakland, on a Felony charge of Possession of a Controlled Substance/3rd offense, and Possession of Drug Paraphernalia (A simple misdemeanor). Staley was being held in the Montgomery County Jail on a $5,000 bond. Red Oak Police were assisted during the incident by the Mills County K9 “Judge,” and Mills County Sheriff’s Deputies.

Heat Advisory for parts of southwest Iowa today (6/21/22)

Weather

June 21st, 2022 by Ric Hanson

Adair-Madison-Adams-Union-Taylor-Ringgold Counties….HEAT ADVISORY IN EFFECT TODAY FROM NOON TO 7 PM.

* WHAT…Heat index values up to 105 expected.

* IMPACTS…Hot temperatures and high humidity may cause heat illnesses to occur. 

PRECAUTIONARY/PREPAREDNESS ACTIONS…

Drink plenty of fluids, stay in an air-conditioned room, stay out of the sun, and check up on relatives and neighbors. Young
children and pets should never be left unattended in vehicles under any circumstances.

Take extra precautions if you work or spend time outside. When possible reschedule strenuous activities to early morning or evening. Know the signs and symptoms of heat exhaustion and heat stroke. Wear lightweight and loose fitting clothing when possible. To reduce risk during outdoor work, the Occupational Safety and Health Administration recommends scheduling frequent rest breaks in shaded or air conditioned environments. Anyone overcome by heat should be moved to a cool and shaded location. Heat stroke is an emergency! Call 9 1 1.

Skyscan Forecast for Atlantic & the Nishna Valley: Tue., June 21, 2022

Weather

June 21st, 2022 by Ric Hanson

Today: Partly cloudy w/isolated showers & thunderstorms possible. High 94. S-N @ 10-15.

Tonight: P/Cldy w/isolated shwrs & tstrms. Low 65. N @ 5.

Tomorrow: P/Cldy. High 88. N @ 10.

Thursday: P/Cldy w/isolated shwrs & tstrms. High 88.

Friday: P/Cldy w/shwrs & tstrms early. High 92.

Monday’s High in Atlantic was 95. Our Low this morning, 75. Last year on this date the High in Atlantic was 74 and the Low was 48. The Record High on this date was 101 in 1988. The Record Low was 38 in 1902.

City of Okoboji considering new zoning rules for RV parks

News

June 21st, 2022 by Ric Hanson

(Radio Iowa) – Ten million Americans camped for the first time during the height of the pandemic according to Campgrounds America and — with the popularity of R-V campgrounds growing — a city in the one of Iowa’s tourism hot spots is reviewing its zoning rules for R-V parks. Okoboji City Administrator Michael Meyers says R-V camping is currently allowed in his city’s commercial district along the Highway 71 corridor.

“It just kind of came up here and we kind of started doing a hard look at our own zoning text and trying to figure out how we fit into that puzzle,” Meyers said. “I think the feel of the community is that we want to make that a conditional use moving forward.” Making property use conditional in a commercial zone gives Okoboji residents a chance to provide input.

“Our zoning districts are generally split into two different sections: permissible uses and conditional uses,” he said. “Conditional uses generally require much more approvals from the city including going through the Planning and Zoning Commission as well as going to the Board of Adjustment, notification of neighbors and just some heightened regulations around the specific use.”

Okoboji’s Planning and Zoning Commission will meet soon to consider these changes, which would ultimately have to be approved by Okoboi’s City Council. According to the R-V industry, more than 50 new campgrounds and R-V parks opened this summer in the United States.