Daily Receipts
Due to the upgrade of the State of Iowa's financial system from March 11-15, 2024, cash receipts published on March 19, 2024, for the week of March 11-March 15, 2024, will all have a transaction date of March 18, 2024.
Date:05-17
Title | Balance 2023 | Balance 2024 | Percent Change |
---|---|---|---|
Gross Receipts | |||
Tax Receipts | |||
Personal Income Tax | 4,926,968,219.44 | 4,448,771,789.25 | -9.70 % |
Sales/Use Tax | 3,479,230,392.46 | 3,717,005,480.29 | 6.83 % |
Corporate Income Tax | 823,156,729.91 | 758,711,077.90 | -7.82 % |
Inheritance Tax | 78,781,875.41 | 52,064,832.39 | -33.91 % |
Insurance Premium Tax | 123,667,991.14 | 125,265,095.78 | 1.29 % |
Cigarette/Tobacco Tax | (1,000.00) | 1,066.50 | -206.65 % |
Beer/Liquor Tax | 11,921,446.09 | 11,504,021.10 | -3.50 % |
Franchise Tax | 68,582,070.91 | 86,186,288.63 | 25.66 % |
Miscellaneous Tax | 36,753,725.63 | 751,686,011.14 | 1945.19 % |
Total Tax Receipts | $ 9,549,061,450.99 | $ 9,951,195,662.98 | 4.21 % |
Other Receipts | |||
Institutional Payments | 10,968,296.41 | 11,008,906.99 | 0.37 % |
Liquor Revenue | 136,572,587.01 | 137,088,891.42 | 0.37 % |
Interest | 57,339,705.40 | 112,330,862.56 | 95.90 % |
Fees | 26,152,061.63 | 24,248,672.08 | -7.27 % |
Judicial Revenue | 76,311,003.19 | 77,557,366.27 | 1.63 % |
Miscellaneous Receipts | 62,826,497.26 | 69,784,489.80 | 11.07 % |
Racing and Gaming | 2,250,000.00 | 2,250,000.00 | 0.00 % |
Total Other Receipts | $ 372,420,150.90 | $ 434,269,189.12 | 16.60 % |
Total Gross Receipts | $ 9,921,481,601.89 | $ 10,385,464,852.10 | 4.67 % |
Cash Refunds | |||
Cigarette Stamp Refunds | (479,639.60) | (319,433.49) | -33.40 % |
Income Tax Refunds | (926,128,421.88) | (1,079,639,188.06) | 16.57 % |
Sales Tax Refunds | (60,206,464.67) | (62,788,586.28) | 4.28 % |
Refunds - Other | (5,874,005.89) | (19,899,912.02) | 238.77 % |
Corporate Tax Refunds | (57,881,041.05) | (211,674,457.03) | 265.70 % |
Use Tax Refunds | (12,648,513.70) | (12,823,307.55) | 1.38 % |
Franchise Tax Refunds | (1,715,315.45) | (7,767,522.70) | 352.83 % |
Tobacco Tax Refunds | (829.01) | (55.65) | -93.28 % |
Inheritance Tax Refunds | (2,278,595.79) | (1,781,829.64) | -21.80 % |
Refund Reimburse-RUTF | 2,772,293.69 | 769,925.18 | -72.22 % |
Pass Through Entity Tax Refunds | (2,043,207.58) | ||
Total Cash Refunds | $ (1,064,440,533.35) | $ (1,397,967,574.82) | 31.33 % |
School Infrastructure Refunds | $ (586,372,783.63) | $ (569,853,801.17) | -2.81 % |
Total Refunds | $ (1,650,813,316.98) | $ (1,967,821,375.99) | 19.20 % |
Net Receipts | $ 8,270,668,284.91 | $ 8,417,643,476.11 | 1.77 % |