State checkbook

IPERS

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

$11.7M
paid out, FY26
$4.0M
of it to individuals and others, unnamed (34%)2
$190.1M
more in transfers between state accounts3

Year by year

Payments by fiscal year, not counting transfers.

$62.2M
$11.7M
Show the numbers
YearPaidIndividuals and othersTransfers
FY26$11.7M$4.0M$190.1M
FY25$39.0M$27.5M$184.4M
FY24$28.5M$15.3M$179.9M
FY23$33.3M$22.3M$178.9M
FY22$29.9M$13.2M$177.1M
FY21$45.4M$14.2M$170.0M
FY20$30.3M$12.1M$162.4M
FY19$43.2M$17.9M$155.6M
FY18$50.3M$23.7M$162.7M
FY17$52.0M$23.1M$163.7M
FY16$45.9M$22.6M$154.3M
FY15$62.2M$37.6M$145.4M
FY14$53.8M$32.4M$151.9M

Kinds of spending over time

The biggest kinds of spending by fiscal year.

KindFY22FY23FY24FY25FY26
Prof & Scientific Services$22.6M$27.6M$20.8M$30.3M$4.1M
IT Outside Services$1.9M$2.5M$2.2M$2.8M$4.6M
IT Equipment & Software$965K$1.3M$1.9M$1.7M$908K
Employment Benefits$3.3M$604K$694K$2.3M$451K
Outside Services$229K$443K$599K$801K$713K
Postage$402K$201K$501K$300K$302K
Equipment-Non Inventory$29K$89K$1.2M$192K$254K
Office Supplies$119K$274K$180K$195K$83K
Printing & Binding$165K$166K$170K$66K$58K
Utilities$62K$66K$61K$71K$72K
Communications$49K$5,969$111K$58K$3,719
In State Travel$1,720$4,803$6,624$13K$8,406
Out of State Travel$4,292$21K$19K$30K$49K
Other Expenses & Obligations$21K$41K$26K$22K$17K
Facility Maintenance Supplies$8,326$7,327$20K$3,170$4,808

The 15 biggest of 21 kinds.

Organizations paid the most, FY26

  1. Vitech Systems Group Inc$1.5M 13%
  2. Prudential Investment Management Inc$1.5M 13%
  3. Bank of New York the$357K 3%
  4. Munro Construction Co$340K 3%
  5. US Postmaster$302K 3%
  6. Amazon Web Services Inc$249K 2%
  7. Mythics Inc$234K 2%
  8. Cavanaugh Macdonald Consulting LLC$218K 2%
  9. All Makes Office Equipment Co of Des Moines$198K 2%
  10. West Publishing Corporation$195K 2%
  11. Gartner Inc$176K 2%
  12. Trinity Const Group Ltd$146K 1%
  13. Foster Garvey PC$140K 1%
  14. Ausa Holding Company$139K 1%
  15. Wellington Trust Co$138K 1%
  16. Npc Inc$136K 1%
  17. CDW Government Inc$118K 1%
  18. Marshalltown City of$113K 1%
  19. Farnsworth Group Inc$100K 1%
  20. Excel Mechanical Co Inc$95K 1%

Organizations paid the most, all years

  1. Wellington Trust Co$42.3M
  2. Vitech Systems Group Inc$26.0M
  3. Prudential Investment Management Inc$22.6M
  4. Janus Capital Management LLC$16.3M
  5. Harvest Fund Advisors LLC$15.5M
  6. Ausa Holding Company$13.5M
  7. Fisher Investments Inc$11.5M
  8. Blackrock Institutional Trust Co NA$11.5M
  9. Tcw Asset Management Company$7.7M
  10. Urdang Securities Management Inc$6.1M
  11. Ameriprise Financial Inc$5.0M
  12. US Postmaster$4.8M
  13. Fisher Asset Management LLC$4.7M
  14. Wilshire Assoc Inc$4.4M
  15. Legg Mason Inc and Subsidiaries$4.3M

Payments to individuals and others

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

YearIndividuals and othersShareListed as RESTRICTED
FY26$4.0M34%–
FY25$27.5M71%$25
FY24$15.3M54%$2,430
FY23$22.3M67%$833
FY22$13.2M44%$6,222
FY21$14.2M31%–
FY20$12.1M40%–
FY19$17.9M41%–
FY18$23.7M47%$3,136
FY17$23.1M44%–
FY16$22.6M49%$34
FY15$37.6M60%$2,713
FY14$32.4M60%$5,157