Iowa's Monthly State Revenue and Estimated Net Yearly Revenue
Monthly State Revenue
Monthly FY13 state revenue has been higher each month from July to September than in FY12. The quarterly total is just over $100 million more than the same period in FY2012. Though Iowans’ incomes remain stagnate, state government is collecting more taxes.
Estimated Net Yearly Revenue
The revised Revenue Estimating Conference October prediction for FY13 is $6,385.9 million, up from the official December 2011 FY13 estimate of $6,170.4 million. The FY14 initial estimate is $6,626.3 million.
Source: Legislative Services Agency
“Monthly General Fund Revenue Memo,” and
Revenue Estimating Conference Report
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