State tax revenue is projected to drop by 11.6% over a 24-month period — a decline the governor’s budget chief said was expected due to recently-approved tax cuts. Kraig Paulsen, director of the Iowa Department of Management, said there is enough available revenue to fulfill the spending promises outlined in the current fiscal year’s budget. […]
Property tax plan passes on 2026 Iowa Legislature’s final day
The legislature has approved a plan lawmakers say will reduce property taxes for Iowa homeowners by about $4 billion over the
