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February 2012 - Volume 20, Number 1

   

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Iowa's Monthly State Revenue and Estimated Net Yearly Revenue (in millions)

 

Monthly State Revenue

Monthly State Revenue

 

Monthly FY2012 state revenue was $591.2 million in December, halfway through the fiscal year. This is $60 million more than in December 2010. The year-to-date total is $86 million more than last year.

 

Estimated Net Yearly Revenue

 

The revised Revenue Estimating Conference December estimate for FY2012 is $5,920.6 million. The
official December 2010 estimate, the basis for the FY2012 budget, was $6,031.3 million. The FY2013 estimate is $6,170.4 million, almost $250 million higher than FY2012.

 

Source: Legislative Services Agency “Monthly General Fund Revenue Memo,” and Revenue Estimating Conference Report

 

IOWA ECONOMIC SCORECARD is our quarterly economic forecast, arriving in February, May, August,
and November. It consists of statistics about and analysis of the Iowa economy.

 

IOWA ECONOMIC SCORECARD is published by Public Interest Institute at Iowa Wesleyan College, a
nonpartisan, nonprofit, research and educational institute whose activities are supported by contributions from private individuals, corporations, companies, and foundations. The Institute does not accept government grants.

 

Contributions are tax-deductible under sections 501(c)(3) and 170 of the Internal Revenue Code.

 

Permission to reprint or copy in whole or part is granted, provided a version of this credit line is used: “Reprinted by permission from IOWA ECONOMIC SCORECARD, a quarterly newsletter of Public Interest Institute.” The views expressed in this publication are not necessarily those of Public Interest Institute. They are brought to you in the interest of a better-informed citizenry because IDEAS DO MATTER.

 

   

 

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