Statewide Iowa — The state panel which estimates the amount of money the state will take in now has the final numbers for the state fiscal year completed in June. Holly Lyons of the Legislative Services Agency is one of three members of the Revenue Estimating Conference.
She details some of the numbers.
She says federal money helped the economy that had dropped during the pandemic in the previous year.
Lyons says the state is facing a lot of “headwinds” in the new fiscal year, including inflation, interest rates, and the worker shortage.
The other two members of the panel issued the same cautions as the state continues through the new fiscal year.
