The most recent accounting shows total state tax collections dropped 7.1% in the past 12 months. According to the Legislative Services Agency’s Monthly Revenue Memo, much of that $629 million drop is due to a 77.8% decline in a “pass through entity” tax paid by the owners of Partnerships, S Corporations and Limited Liability Companies. […]
Iowa has only small areas of drought remaining
Today’s updated report shows Iowa is close to being drought free. The U.S. Drought Monitor map shows only about 4% of