June 2026 Monthly Revenue Memo
Iowa Legislative Services Agency · July 2, 2026
A monthly video memo from the Iowa Legislative Services Agency reports that Iowa General Fund net revenue for fiscal year 2026 through June 30 fell 8.9% (about $733 million) from FY2025, driven by declines in income and corporate tax receipts and an elimination of the inheritance tax; final FY2026 totals remain subject to post‑June refunds and accounting.
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