What is the General Fund?

For budgetary purposes, the General Fund of the state receives those revenues of the State not required to be deposited in other funds. General Fund revenues are obtained from the payment of state taxes and from federal and non-tax revenue sources. Major tax revenues to the General Fund include the individual income tax, corporate income tax, sales/use tax, and certain other taxes and revenue.

Program Area
State Budget
Topic(s)
State Funds, General Fund

Printed from the Iowa Department of Management website on November 21, 2017 at 2:50pm.