• Business & Economy
  • Politics & Government
    • Campaign Countdown
      • 2012 Reports
  • Sports
  • High School Sports
    • Football Friday Night
    • Radio Iowa Poll
  • All Topics

Radio Iowa

Iowa's Radio News Network

  • Home
  • Audio Archives
  • Contact Us
  • Reporters
  • Affiliates
  • Affiliate Support
  • PostsComments
You are here: Home / Politics & Government / State tax revenue down, again, in August

State tax revenue down, again, in August

September 1, 2009 By O. Kay Henderson

State tax revenues have declined for a seventh consecutive month. In the past two months, net state tax receipts have declined by a little more than four percent compared to July and August of 2008.

According to the Legislative Services Agency analysis, it amounts to a $41.5 million decrease, fueled in large part by a nearly nine percent decline in sales and use tax payments to the state in the month of August.

Personal income tax payments to the state were up slightly, by less than $2 million. Corporate taxes were up a bit as well, by a little less than a million dollars.

A three-member panel of financial experts is scheduled to meet October 7 to reevaluate their official estimate of state tax revenue for the current budgeting year. Their decision could be the catalyst for cuts in the state budget.


Print pagePDF pageEmail page

Share this:

  • Twitter
  • Google
  • Facebook

Filed Under: Politics & Government

Featured Stories

Reynolds seeks plan for improving childrens’ mental health care system

Appeals Court throws out murder verdict saying jury influenced by social media

Packing 40 years of memories, Iowan heads to Barbara Bush’s funeral

Governor approves new Iowa law on ‘food shaming’ and unpaid school lunch debt

Iowa Senate honors Wally Horn for 46-year legislative career

TwitterFacebook

Drake pitcher earns another Missouri Valley weekly award

Former Iowa State coach Earle Bruce dies at 87

Golfers tout economic impact on Iowa

Iowa NASCAR driver pays tribute to hockey team

Morris headlines women’s pole vault at Drake

More Sports

Tweets by @RadioIowa

eNews and Updates

Enter your email address:

Delivered by FeedBurner

RSS O.KayHenderson.com

  • Campaign surrogates: asset or liability? September 22, 2016
  • Proposed slate of 2016 RNC delegates from #IAGOP May 20, 2016
  • AUDIO: #IAGOP chairman talks about idea of ‘brokered’ convention March 18, 2016
  • @TerryBranstad statement on Obama nominating his cousin to SupCo March 16, 2016
  • ‘Substantial growth’ in voter registrations for both parties from #IACaucus March 15, 2016

Archives

Copyright © 2018 · Learfield News & Ag, LLC