State of Iowa surplus hits mark, triggering next round of income tax cuts

September 30, 2019 Carol Kuster State News 0

The governor has announced the State of Iowa’s last fiscal year ended with a surplus of nearly $290 million. The state’s 12-month fiscal year ended June 30th, but the books don’t close until two months later to ensure all receipts and payments are processed. With $289.3 million left in the bank, so to speak, that […]