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/Tag: REC

State Ends Year with $1 Billion in the Bank; Projects 4.8 % Growth for Next Year

By |2014-10-09T15:33:06-05:00October 9th, 2014|Categories: 2014 Session Information, Budget, Featured, Recent News|Tags: , , , , |

The state’s non-partisan budget experts met this week and reported the state has a balanced budget with over $1 billion in surplus and reserves. They also expect continued growth and a strong economy through the next fiscal year. Iowa ended fiscal year 2014 with $6.5 billion in revenue with over a $650 million surplus and an [...]

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Iowa's Revenue Up Another $300 Million

By |2010-10-11T15:22:00-05:00October 11th, 2010|Categories: 2011 Session Information, Budget, Featured, Recent News|Tags: , , , |

The Revenue Estimating Conference (REC) met today with a  projected increase of $297.7 million in revenue for the budget in the current fiscal year. Because of revenue estimates based upon improvements to both the national and state economies the REC voted to increase its projected revenues. The REC also included that Iowa’s current fiscal year is [...]

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