September 2025 Monthly Revenue Memo
Iowa Legislative Services Agency · October 6, 2025
A September 2025 video memo from the Iowa Legislative Services Agency reviewed final fiscal 2025 general fund net revenue, explaining an $816.6 million (8.4%) decline from FY2024 driven by tax law changes and reduced pass‑through entity (PTET) receipts, and previewed the Revenue Estimating Conference meeting on Oct. 16 to update estimates for FY2026–27.
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