Iowa General Fund Net Receipts Fall $614 Million Through April 2; REC Lowers Fiscal Estimates

Apr 7, 2025

Eric Richardson of the nonpartisan Iowa Legislative Services Agency reported that net general fund receipts declined $614 million (9.5%) through April 2, 2025, and the Revenue Estimating Conference on March 13 reduced its current- and next-year revenue forecasts.

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Eric Richardson, senior fiscal analyst with the nonpartisan Iowa Legislative Services Agency, said in a March 2025 video memo that Iowa General Fund net receipts decreased $614,000,000, or 9.5 percent, on a fiscal-year-to-date basis through April 2, 2025.

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