The state of Iowa’s spending is once again expected to exceed its revenue by about $1 billion in the next fiscal year as revenue declines due to state and federal tax cuts.

For the second year in a row, Iowa is on track to spend more than the state's revenue is bringing in."So the number went down ...

State revenue for this fiscal year is more than $46 million short of what state officials predicted three months ago. A three-member panel met on Thursday for the Revenue ...

The Iowa Revenue Estimating Conference projected Thursday that state revenues will decrease by 9.3% from fiscal years 2025 to 2026 — a larger drop than previously expected. The last time the REC met, ...

WILL HAVE MORE TONIGHT ON KCCI EIGHT NEWS AT TEN. TAX FILING SEASON IS OFFICIALLY UNDERWAY AND THE IOWA DEPARTMENT OF REVENUE IS REMINDING TAXPAYERS THAT HELP IS AVAILABLE. THE STATE BEGAN PROCESSING ...

The governor’s budget office has released a brief report to close the books on the state fiscal year that ended in June and it shows state tax collections dropped significantly. Republicans say the 8% ...

SIOUX CITY (KTIV) - Iowa’s annual Sales Tax Holiday makes its return, just in time for Back-to-School clothing shopping. The tax-free weekend is a sales tax-free holiday that begins on Friday, Aug. 1, ...

DES MOINES, Iowa (Iowa Capital Dispatch) - The state of Iowa’s general fund revenue for fiscal year 2025 is roughly $200 million less than predicted when state lawmakers were moving forward with the ...

Iowa Republican lawmakers are on track to spend over $1 billion more than the state receives in revenues for the second year in a row.