Iowa HF2131 sets specific growth percentages for state and categorical budgets and changes the timing for their establishment.
Iowa HF2131 specifies the state percent of growth and categorical state percent of growth for certain budget years. For the budget year beginning July 1, 2023, the state percent of growth is three percent, and for the budget year beginning July 1, 2024, it is two and one-half percent. The categorical state percent of growth for the budget year beginning July 1, 2024, is two and one-half percent.
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