Location: Ballroom A
Event Date: 9/29/2022
Time: 8:15 AM – 9:15 AM
The Iowa Constitution prohibits using public funds for private purposes. But, under the right circumstances, the Iowa Code provides authority for providing public funds to private entities when there is a public purpose served. This presentation will discuss various sources of authority for providing public funds to private entities such as businesses, daycares, and non-profits, and will discuss the recent State Auditor’s guidance regarding use of public funds in this way. We will also provide a list of “best practices” for providing public funds to private entities.
Speakers: Nathan J. Overberg, Shareholder, Ahlers & Cooney, P. C.; Jenna Sabroske, Associate, Ahlers & Cooney, P. C.