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Taxes

General Fund Receipts Through December 31

posted on January 2, 2018

Iowa’s December 2017 net General Fund revenue was $60.5 million above the December 2016 revenue level. Cash fiscal year-to-date net receipts are $171.0 million higher than FY 2017.

  • Personal income tax +$85.7 MM
  • Sales/use tax +$59.3 MM
  • Corp tax +$38.0 MM
  • Other taxes +$0.7 MM
  • Other receipts +$11.1 MM).
  • Tax refunds not including school infrastructure refunds -$33.8 MM
  • School infrastructure sales/use tax refunds +$9.8 MM