DES MOINES, IA (IRN) – Iowa budget officials say the state budget will end its fiscal year for 2018 with a general fund surplus of about $127 million. Iowa Department of Management Director Dave Roederer says the boost came primarily from higher corporate income tax receipts, which he says was likely due to federal tax reform that created more business activity. Gov. Kim Reynolds says it’s a sign that the economy is growing.

DES MOINES, IA (IRN) – Three men have been arrested after an armed home invasion on the south side of Des Moines. WHO-TV reports the residents were inside while it happened but were able to escape and call police. One suspect resisted arrest, and officers released one of their K9’s. The suspect suffered several dog bites and was taken to the hospital.

CEDAR RAPIDS, IA (IRN) – Thousands of text messages were sent out by Linn County’s Emergency Notification System Tuesday when a tornado warning was issued. KCRG-TV reports there was a problem: the texts were delivered after the storms had passed. Officials say the system was overwhelmed when more than 72,000 text messages were generated. The sheer volume of messages caused the delay.

AMES, IA (IRN) – ISU released a study Tuesday showing the effects President Trump’s tariffs are having on Iowa’s economy. The study shows losses to Iowa’s gross state product ranges from $1 billion to $2 billion. The biggest loser? Iowa’s hog industry.

DES MOINES, IA (IRN) – The Waldinger Corp. plans to build a $21 million corporate office and production facility in Des Moines and add 115 new jobs. The Des Moines Register reports the company will purchase 28 acres of vacant land on the city’s south side near Brown’s Woods. Waldinger is a mechanical, electrical and sheet metal contractor. Established in 1906 as Capital City Tin Shop, Waldinger Corp. is one of the oldest businesses in Polk County.