Eric Richardson told attendees that, for the first time in the fall of 2025, sales and use tax revenue exceeded individual income tax receipts for Iowa on a 12-month basis, a shift driven by recent income tax cuts and relative stability in sales-tax collections.

At a MUST meeting, County Council member Jim McWirt walked fiscal officers through how changes enacted by the state will alter local income-tax distribution and flagged 2029 as the effective date for key provisions; the presentation included scenarios showing winners and losers among county units.

Staff told the council new DLGF certified distributions changed the split of local income tax receipts versus Baker Tilly's plan and that Henry County may need about a 1.17% county services LIT to remain revenue neutral under current assumptions.

Consultants presented estimated 2027 distributions and a 2029 projection under the statelocal income tax redesign; modeling shows some municipalities could gain millions while others lose, members cautioned against locking in opt-in/opt-out choices until geofenced AGI data is available and asked staff to draft a nonbinding county-level statement.

Consultants presenting a multi‑year fiscal sustainability plan said Pulaski County is "financially stable overall" but warned several funds — notably 911 and some restricted MBH accounts — show structural deficits that will require decisions ahead of 2030 under the new LIT distribution.

House Bill 107 would codify direct distributions to local governments and replace the biannual appropriation with a dedicated transfer equal to a percent of prior-year sales and use tax receipts; the committee adopted an amendment to set the transfer at 8% and recommended the bill do pass as amended.

Local officials discuss revenue implications as Douglasville may opt out of sales tax.

Bill creates fund to distribute streaming revenues to local governments and media centers

Grayson County rejected Bristol’s request to reallocate casino proceeds; after a staff presentation of revenue figures and scenarios, the board voted to "stay the course" and retain the current 14-way split while staff will continue discussions with regional partners and state representatives.

Eugene CFO highlights rising budget gaps due to reduced liquor tax revenues and expenditures.

Pennsylvania legislators updated revenue distribution rules for municipalities related to vehicle offenses.

Montgomery County adjusts sales tax revenue apportionment for cities and unincorporated areas.

House bill modifies revenue distribution and repeals mineral deposits into stabilization fund.

Legislature allocates mineral revenue to state treasury and Department of Wildlife and Fisheries.