Revenue Estimating Conference Increases Projection

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DES MOINES, Iowa — The state of Iowa is expected to bring in more tax money over the next fiscal year.

The state Revenue Estimating Conference upped the amount to $8.2 billion in revenue. That’s about $32 million more than was estimated in December.

The additional money could become part of the disagreement over school spending.

Democrats want a four-percent increase.  Republicans say the state can only afford a 1.25-percent increase.