Iowa general fund receipts down $310 million through Jan. 2; Revenue Estimating Conference slightly raises forecasts The Iowa Legislative Services Agency reported net general fund receipts fell $310 million (‑7.9%) through Jan. 2. At its Dec. 11 meeting, the Revenue Estimating Conference raised net revenue projections by $23 million for FY2026 and $105 million for FY2027.

Iowa's general fund receipts took a significant hit, dropping $310 million through January 2, raising concerns about the impact of recent tax changes.

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Revenue Estimating Conference hears data gaps, mixed job signals; approves modest revenue increases for FY2026–27 Director Acton told the Revenue Estimating Conference Dec. 11 that federal data gaps from a recent shutdown complicate forecasting, while state estimates for FY2026 and FY2027 were modestly increased and adopted by the panel.

Iowa's revenue outlook faces uncertainty as federal data gaps and job growth slow, but modest increases for FY2026 and FY2027 have been approved.

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Iowa REC trims FY2026 revenue forecast; sets FY2027 estimate at $8.394 billion The Revenue Estimating Conference on Oct. 16 reduced Iowa's FY2026 general fund revenue estimate by $358 million and set an initial FY2027 estimate of $8,394,000,000. Eric Richardson of the nonpartisan Iowa Legislative Services Agency said year-to-date net revenue is down 6.7% through Nov. 3, driven largely by recent state income tax rate cuts and

Iowa's fiscal outlook is taking a hit with a staggering 6.7% drop in net general fund revenue, largely due to recent tax cuts—find out what this means for the state's future!

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Revenue Estimating Conference adopts LSA revenue estimates for FY2026 and FY2027 The Iowa Revenue Estimating Conference on Oct. 16, 2025 adopted Legislative Services Agency projections for the state general fund for fiscal years 2026 and 2027 after hearing a presentation that FY2025 net general fund revenue fell about $816.6 million, or 8.4%.

Iowa's revenue outlook is shifting dramatically as net general fund revenue plummets by $816.6 million, raising concerns about economic stability.

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Iowa's March revenue report reveals $614M decline in general fund receipts Iowa's fiscal year 2025 net revenue drops by 9.5% through April 2.

Iowa's revenue landscape is facing a staggering $614 million decline, raising urgent questions about fiscal policy and future growth.

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