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Votes at a glance: REC adopts FY2026–27 estimates and approves transfers

December 12, 2025 | Revenue Estimating Conference, Legislative, Iowa


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Votes at a glance: REC adopts FY2026–27 estimates and approves transfers
The Revenue Estimating Conference held Dec. 11, 2025, completed a series of procedural votes. Key outcomes recorded in the meeting transcript:

• Agenda approval: Motion to approve the meeting agenda; motion seconded and adopted by voice vote.

• Minutes: Approved minutes from the October 2025 RAC meeting by voice vote.

• FY2026 estimates: Adopted Department of Management FY2026 general fund estimates (including accruals, refunds, school infrastructure transfer, lottery and other transfers); motion passed by voice vote.

• FY2027 estimates: Adopted Department of Management FY2027 general fund estimates (including accruals, refunds, school infrastructure transfer, lottery and other transfers); motion passed by voice vote.

• Gambling revenue transfers: Approved transfers of gambling revenues for FY2026 and FY2027 and interest earned on reserve funds; motion passed by voice vote.

The conference adjourned after completing the agenda.

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