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.

Reynolds, Iowa House and Senate Leaders Announce Agreement on Tax Reform

Iowa Governor Kim Reynolds’ office announced an agreement between the Governor and Iowa House and Senate leaders on the tax reform package under consideration this session. The legislation when passed represents the largest tax reform package in state history.

Budget Shortfalls Reinforce Pro-Growth Agenda

Jack Whitver: One of the main reasons the state revenue is not growing as fast as expected is because our manufacturing sector has decreased considerably.

Iowa Faces $131 Million Budget Shortfall

The Iowa Revenue Estimating Conference announced that their estimate of the State General Fund receipts shows a $131 million budget shortfall in FY 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.