Iowa sets aside money for state offices and regulators

State offices receive money for pay and daily operations. Covered offices include administrative services, revenue, and the public employee retirement system. The law assigns money to specific uses and lists staff limits. The retirement system’s operating money comes from its retirement fund. These operating budgets cover July 1, 2026, through June 30, 2027.

The state auditor must limit how the office uses this allocation. The restriction applies to the $1,002,686 set aside from the state’s general fund for the auditor’s office. Allowed work covers the annual financial report, federally required audits, and investigations of embezzlement (stealing entrusted money), theft, or other significant financial irregularities. The restriction lasts until the annual financial report audit is complete.

The state must place consumer fireworks fees in its licensing and regulation fund. The fees include annual registration fees paid by consumer fireworks wholesalers. The balance transfer covers the consumer fireworks and amusement-device funds. Only money that remains unspent and uncommitted must move from the two existing funds. The fund balances move when this part of the law takes effect.