iowa legislature joint budget targets-budget compromise 2015

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Senate-House Budget Framework (June 1, 2015) General Fund Estimated Joint Targets FY 2015 FY16 Administration and Regulation $51,795,769 $51,795,769 Agriculture and Natural Resources $43,111,995 $43,111,995 Economic Development $42,581,886 $42,250,763 Education $986,136,365 $992,236,365 Health and Human Services $1,858,603,019 $1,839,390,492 Justice System $731,462,920 $735,791,531 Transportation, Infrastructure, and Capitals 0 0 Unassigned Standings $3,280,635,350 $3,463,567,719 Grand Total $6,994,327,304 $7,168,144,634 One-time spending and debt reduction bill $124,960,000 This bill includes: Additional K-12 funding $55.7 million Fiscal Year 2015 Medicaid Supplemental $43.0 million Community Colleges $2.5 million University of Iowa $2.9 million Iowa State University $2.3 million University of Northern Iowa $1.1 million

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Chart of the budget framework agreed to by Iowa House and Senate leaders on 5/28/15.

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  • Senate-House Budget Framework (June 1, 2015)

    General Fund Estimated Joint TargetsFY 2015 FY16

    Administration and Regulation $51,795,769 $51,795,769

    Agriculture and Natural Resources $43,111,995 $43,111,995

    Economic Development $42,581,886 $42,250,763

    Education $986,136,365 $992,236,365

    Health and Human Services $1,858,603,019 $1,839,390,492

    Justice System $731,462,920 $735,791,531

    Transportation, Infrastructure, and Capitals 0 0

    Unassigned Standings $3,280,635,350 $3,463,567,719

    Grand Total $6,994,327,304 $7,168,144,634

    One-time spending and debt reduction bill $124,960,000

    This bill includes:

    Additional K-12 funding $55.7 million

    Fiscal Year 2015 Medicaid Supplemental $43.0 million

    Community Colleges $2.5 million

    University of Iowa $2.9 million

    Iowa State University $2.3 million

    University of Northern Iowa $1.1 million