Opened file
Iowa
Same nine questions as every other state. Answers are filled only where this state’s own statute or financial report is attached.
Decision instrument
A new state debt, other than a casual deficit of no more than $250,000, needs a tax to pay it off within 20 years and a majority of the votes.
What public act authorizes the borrowing, and where is the purpose and the first-year cost written down? Constitution, Article VII, Sections 2 and 5. The law has to name one work. It has to impose a direct annual tax sufficient to pay the interest and the principal within 20 years. It does not take effect until a majority of all the votes cast for and against it, at a general election, approve it. The law has to be published in at least one newspaper in each county, if one is published there, for three months before the election. The credit of the state may not be loaned. The annual report does not present any debt under this section.
Debt statement
No Annual Debt Statement of the New Jersey kind.
What yearly filing states gross debt, deductions, and how close the issuer is to its limit? State debt is in the annual report for the year ended June 30, 2025, Note 14. County dollar rows are not attached.
Debt limit
A county or a city stops at 5% of the value of its taxable property.
What cap binds a county or a city, and is the state's own ceiling a different rule? Constitution, Article XI, Section 3. The 5% is an aggregate. It uses the last state and county tax lists before the debt is incurred. This section does not itself require a vote.
Conflict rule
A public servant may not use the office to get a money benefit that other people in the same position cannot get, and may not take outside pay for doing the public job.
Which ethics statute covers local officers, what counts as an interest, and who is left out? Code § 68B.2A. That conduct has to stop. If the outside work is something the official also controls, inspects, or enforces, the official either stops the outside work or discloses it and does not vote or act on anything that would benefit it. This section does not use an ownership percentage.
Geography
Ninety-nine counties.
What is the county-equivalent, and which cities, schools, and authorities must not be pasted onto that row? Census county codes. County seats are not in the financial report, so they are not filled in. Cities also borrow. Dollar rows stay blank.
Primary money record
General obligation bonds of the state: none are presented in the June 30, 2025 report.
Which audited report is the state's own number, and as of what date? Note 14 is titled revenue bonds. The report does not use the words general obligation for a state balance. Governmental revenue-bond principal, after the capital-appreciation discount, is $764,299,000. Unamortized premium is $73,634,000. Together that is $837,933,000. The tobacco piece booked is $436,308,000. That is a term bond of $83,255,000, serial bonds of $87,745,000, and capital-appreciation bonds carried at $265,308,000 rather than their $1,549,540,000 maturity value. The three IJOBS lines still outstanding add to $298,985,000.
Who pays the coupon
In the year ending June 30, 2026, the governmental revenue bonds need $47.243 million of principal and $23.061 million of interest. That is not a general-obligation tax.
Which fund, tax, or rate is actually pledged — not which new store might show up later? Note 14. The principal column through the final year adds to the same $764,299,000. The interest column adds to $396,709,000. Tobacco bonds are payable from 78% of the state’s payments under the tobacco settlement. The note says they are not a general obligation of the state, and the state has no obligation to cover a deficiency. The IJOBS bonds are payable from a standing appropriation of $55 million a year from gaming revenue, and from beer and liquor revenue if gaming is short. The note says they are not a pledge of the full faith and credit of the state.
Other obligors
University revenue bonds: $2.006 billion of principal. Iowa Finance Authority: $4.044 billion of principal. Do not add either to the state’s revenue-bond figure, and do not call either a general obligation.
Which authorities and districts borrow beside the state and must not be added to its total? Note 14, in thousands. University of Iowa $1,528,480, Iowa State $384,455, and Northern Iowa $93,126. Those add to $2,006,061, plus premium of $83,247. The Finance Authority’s $4,044,407, plus premium of $285,542, is a component unit. The note says those obligations do not constitute a debt of the State of Iowa and the state is not liable for any repayments. Its next-year requirement is principal of $143,521,000 and interest of $174,467,000.
Book-entry wall
Cede & Co., at the Depository Trust Company.
Who is the registered owner on ordinary public paper? Series-level confirmation still waits on that official statement. Beneficial owners stay unnamed.
99 counties. Dollars blank.
Names and codes are on the record. No local debt total is attached, so none is printed.
- Adair CountySeat: Not on this record19001Not proven
- Adams CountySeat: Not on this record19003Not proven
- Allamakee CountySeat: Not on this record19005Not proven
- Appanoose CountySeat: Not on this record19007Not proven
- Audubon CountySeat: Not on this record19009Not proven
- Benton CountySeat: Not on this record19011Not proven
- Black Hawk CountySeat: Not on this record19013Not proven
- Boone CountySeat: Not on this record19015Not proven
- Bremer CountySeat: Not on this record19017Not proven
- Buchanan CountySeat: Not on this record19019Not proven
- Buena Vista CountySeat: Not on this record19021Not proven
- Butler CountySeat: Not on this record19023Not proven
- Calhoun CountySeat: Not on this record19025Not proven
- Carroll CountySeat: Not on this record19027Not proven
- Cass CountySeat: Not on this record19029Not proven
- Cedar CountySeat: Not on this record19031Not proven
- Cerro Gordo CountySeat: Not on this record19033Not proven
- Cherokee CountySeat: Not on this record19035Not proven
- Chickasaw CountySeat: Not on this record19037Not proven
- Clarke CountySeat: Not on this record19039Not proven
- Clay CountySeat: Not on this record19041Not proven
- Clayton CountySeat: Not on this record19043Not proven
- Clinton CountySeat: Not on this record19045Not proven
- Crawford CountySeat: Not on this record19047Not proven
- Dallas CountySeat: Not on this record19049Not proven
- Davis CountySeat: Not on this record19051Not proven
- Decatur CountySeat: Not on this record19053Not proven
- Delaware CountySeat: Not on this record19055Not proven
- Des Moines CountySeat: Not on this record19057Not proven
- Dickinson CountySeat: Not on this record19059Not proven
- Dubuque CountySeat: Not on this record19061Not proven
- Emmet CountySeat: Not on this record19063Not proven
- Fayette CountySeat: Not on this record19065Not proven
- Floyd CountySeat: Not on this record19067Not proven
- Franklin CountySeat: Not on this record19069Not proven
- Fremont CountySeat: Not on this record19071Not proven
- Greene CountySeat: Not on this record19073Not proven
- Grundy CountySeat: Not on this record19075Not proven
- Guthrie CountySeat: Not on this record19077Not proven
- Hamilton CountySeat: Not on this record19079Not proven
- Hancock CountySeat: Not on this record19081Not proven
- Hardin CountySeat: Not on this record19083Not proven
- Harrison CountySeat: Not on this record19085Not proven
- Henry CountySeat: Not on this record19087Not proven
- Howard CountySeat: Not on this record19089Not proven
- Humboldt CountySeat: Not on this record19091Not proven
- Ida CountySeat: Not on this record19093Not proven
- Iowa CountySeat: Not on this record19095Not proven
- Jackson CountySeat: Not on this record19097Not proven
- Jasper CountySeat: Not on this record19099Not proven
- Jefferson CountySeat: Not on this record19101Not proven
- Johnson CountySeat: Not on this record19103Not proven
- Jones CountySeat: Not on this record19105Not proven
- Keokuk CountySeat: Not on this record19107Not proven
- Kossuth CountySeat: Not on this record19109Not proven
- Lee CountySeat: Not on this record19111Not proven
- Linn CountySeat: Not on this record19113Not proven
- Louisa CountySeat: Not on this record19115Not proven
- Lucas CountySeat: Not on this record19117Not proven
- Lyon CountySeat: Not on this record19119Not proven
- Madison CountySeat: Not on this record19121Not proven
- Mahaska CountySeat: Not on this record19123Not proven
- Marion CountySeat: Not on this record19125Not proven
- Marshall CountySeat: Not on this record19127Not proven
- Mills CountySeat: Not on this record19129Not proven
- Mitchell CountySeat: Not on this record19131Not proven
- Monona CountySeat: Not on this record19133Not proven
- Monroe CountySeat: Not on this record19135Not proven
- Montgomery CountySeat: Not on this record19137Not proven
- Muscatine CountySeat: Not on this record19139Not proven
- O'Brien CountySeat: Not on this record19141Not proven
- Osceola CountySeat: Not on this record19143Not proven
- Page CountySeat: Not on this record19145Not proven
- Palo Alto CountySeat: Not on this record19147Not proven
- Plymouth CountySeat: Not on this record19149Not proven
- Pocahontas CountySeat: Not on this record19151Not proven
- Polk CountySeat: Not on this record19153Not proven
- Pottawattamie CountySeat: Not on this record19155Not proven
- Poweshiek CountySeat: Not on this record19157Not proven
- Ringgold CountySeat: Not on this record19159Not proven
- Sac CountySeat: Not on this record19161Not proven
- Scott CountySeat: Not on this record19163Not proven
- Shelby CountySeat: Not on this record19165Not proven
- Sioux CountySeat: Not on this record19167Not proven
- Story CountySeat: Not on this record19169Not proven
- Tama CountySeat: Not on this record19171Not proven
- Taylor CountySeat: Not on this record19173Not proven
- Union CountySeat: Not on this record19175Not proven
- Van Buren CountySeat: Not on this record19177Not proven
- Wapello CountySeat: Not on this record19179Not proven
- Warren CountySeat: Not on this record19181Not proven
- Washington CountySeat: Not on this record19183Not proven
- Wayne CountySeat: Not on this record19185Not proven
- Webster CountySeat: Not on this record19187Not proven
- Winnebago CountySeat: Not on this record19189Not proven
- Winneshiek CountySeat: Not on this record19191Not proven
- Woodbury CountySeat: Not on this record19193Not proven
- Worth CountySeat: Not on this record19195Not proven
- Wright CountySeat: Not on this record19197Not proven