Reynolds Says State Finished FY2020 with Full Cash Reserves, $305M Surplus

Gov. Kim Reynolds announced today that the State of Iowa will end Fiscal Year 2020 with a balance of $305.5 million in its General Fund.

Reynolds Announces Additional Cabinet Members

Iowa Governor Kim Reynolds announced 11 additional cabinet members including former Iowa Speaker of the House Kraig Paulsen to head the Iowa Department of Revenue.

Iowa’s Revenue Projected to Grow in FY 19 and FY 20

The October Revenue Estimating Conference projects that Iowa’s General Fund revenue receipts will grow by five percent in FY 19 and two percent in FY 20.

Iowa State Budget Closes With Surplus Four Times Larger Than Predicted

The State of Iowa closed its FY18 budget with a surplus of $127.3 million, $95.6 million more than what was predicted in March.

Iowa Student Opportunities Act Introduced in Iowa House

HSB 651, the Iowa Student Opportunities Act, was introduced in the Iowa House of Representatives on Thursday. The bill would create an educations savings grant program and a new charter school program to expand school choice for Iowa’s public school families.

Iowa Governor Kim Reynolds Says No Special Session Needed for FY17

Iowa Governor Kim Reynolds announced Wednesday morning that no special legislative session would be necessary for Fiscal Year 2017.

Iowa Legislative Leaders: Sluggish Revenue Growth Requires Reform

The decline in the revenue estimate triggered concerns about the overall state budget from Iowa Legislative leaders heading into a new session.

Increase in Education Spending Will Not Increase Student Performance

Iowa Senate Democrats passed an education reform bill that increases spending, but provides no accountability for the Iowa Department of Education.