The members of a state forecasting board agree state tax receipts in Iowa will grow, but not by much in the next 18 months.

That’s Holly Lyons of the Legislative Services Agency, a member of the State Revenue Estimating Conference. The group predicts tax payments to the State of Iowa will remain steady, growing by about one-point-eight percent in the next state budgeting year. Legislators will use that estimate as the basis for building a spending plan for the state budget year that begins July 1st. Department of Management director Dave Roederer is another member of the state’s Revenue Estimating Conference and suggests there won’t be a lot of extra money to spend next year.

State tax revenue is projected to grow nearly five percent in THIS budgeting year.