Budget Panel Meets To Project Iowa's Revenue

By: Associated Press Email
By: Associated Press Email

A panel of budget experts will meet to estimate tax collections for Iowa's current fiscal year.

The Revenue Estimating Conference is scheduled to meet Friday. The three-member panel includes the governor's top budget adviser, the financial adviser to the Legislature and an independent member, Mason City economist David Underwood.

The group meets several times a year to project how much the state will collect in taxes. In December, they projected the state's revenues would grow by 3.3 percent in the fiscal year that ends June 30. That's about $6.5 billion in revenue.

The projections from the conference are used to draft the state budget.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WOWT NBC Omaha 3501 Farnam Street Omaha, NE 68131 (402) 346-6666 sixonline@wowt.com
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 199520221 - wowt.com/a?a=199520221