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Finance Authority

What this part of state government paid out, by kind of spending and by the organizations paid.¹ What the agency does

$74.5M

paid out, FY25

$75K

of it to individuals and others, unnamed (0%)²

$111K

more in transfers between state accounts³

Year by year

Payments by fiscal year, not counting transfers.

$129.7M

$62.6M

Show the numbers

Year	Paid	Individuals and others	Transfers
FY27 so far	$17.6M	$5,759	$37K
FY26	$62.6M	$89K	$149K
FY25	$74.5M	$75K	$111K
FY24	$52.9M	$93K	$137K
FY23	$47.9M	$74K	$167K
FY22	$40.3M	$32K	$141K
FY21	$129.7M	$26K	$235K
FY20	$15.5M	$79K	$130K
FY19	$12.5M	$86K	$64K
FY18	$13.7M	$110K	$1,651
FY17	$13.5M	$140K	$0
FY16	$13.7M	$120K	$0
FY15	$23.2M	$165K	$0
FY14	$20.8M	$148K	$0

The biggest kinds of spending by fiscal year.

Kind	FY23	FY24	FY25	FY26	FY27 so far
State Aid	$38.1M	$44.5M	$62.5M	$50.4M	$15.5M
Other Expenses & Obligations	$7.8M	$3.0M	$3.2M	$2.3M	$308K
Intra-State Transfers	$1.9M	$5.3M	$8.7M	$9.8M	$1.8M
Out of State Travel	$47K	$59K	$55K	$55K	$1,387
Office Supplies	$105	$0	$0	$512	$0
In State Travel	$26K	$32K	$20K	$33K	$4,371
Outside Services	$0	$0	$0	$0	$0
Refunds-Other	$0	$0	$0	$0	$0
Communications	$0	$0	$0	$0	$0
Personal Services	$0	$2,132	$0	$0	$0
Postage	$22	$0	$34	$8	$0
Advertising & Publicity	$0	$0	$0	$0	$0
State Vehicle Operation	$0	$0	$0	$32	$0

One total each year for payees not named here. The last column also counts transfers and other entries the state lists under RESTRICTED payees.⁴

Year	Individuals and others	Share	Listed as RESTRICTED
FY27 so far	$5,759	0%	$72
FY26	$89K	0%	–
FY25	$75K	0%	–
FY24	$93K	0%	$564
FY23	$74K	0%	$2,361
FY22	$32K	0%	–
FY21	$26K	0%	–
FY20	$79K	1%	–
FY19	$86K	1%	–
FY18	$110K	1%	–
FY17	$140K	1%	–
FY16	$120K	1%	–
FY15	$165K	1%	–
FY14	$148K	1%	–

The executive branch’s central accounting system only. It leaves out the Legislature and the courts, and spending recorded in other systems. A fiscal year runs July 1 to June 30, plus payments made in July and August for goods and services received by June 30. Refunds and voided payments count as negative amounts. ↩
Iowa Funnel names a payee only when its name shows it is an organization: a company (Inc, LLC, Corp and the like), a government, a school district, a college, a hospital, a bank, a church or another institution. Payments to everyone else are added into one total for each agency and year. Their names aren’t kept or searchable. When we can’t tell, a payee counts with individuals, so that total also holds some businesses. ↩
The state marks some entries as not a payment to an outside vendor: transfers between state accounts, payroll deductions and similar entries. They count in an agency’s total but not under any payee. ↩
The state removes names it must keep confidential under state or federal law and lists them as RESTRICTED. Among payments to vendors, they count with individuals here; most are recorded as transfers and other entries. Some payments are only recorded as totals in the state’s accounting system, such as Medicaid, IPERS pensions, unemployment benefits and tax refunds, so the people paid aren’t listed at all. ↩

Sources: State of Iowa Executive Branch Checkbook on the Iowa Data Hub: the full ledger (dataset 1021) and its yearly files; the last 90 days (1076).