Governor's Revised Budget Recommendations, FY2017, FY2018, FY2019, March 28, 2017

The REC meting on March 14, 2017 reviewing the Fiscal Year 2017 and Fiscal Year 2018 General Fund revenue estimates and making the first official estimate for FY 2019. After accounting for Senate File 130, signed by Governor Branstad on February 1, 2017, the REC lowered the General Fund revenue estimate for FY2017 $131.1 million. To correct the imbalance in the General Fund, Governor Branstad is recommending a transfer of 131.1 million from the Cash Reserve Fund. These are summary pages, the General Fund balance sheet and related documents showing the Governor's revised budget recommendations for FY2017, FY2018 and FY201