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What are fiscal services?

Updated: 9/17/2019
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Fiscal Services

Fiscal Services provides analysis and evaluation of expenditures, revenues and operations of state government and the potential impact of legislative proposals to state and local government.

Fiscal Analysis

Throughout the year, Fiscal Services provides information to legislators and staff regarding the State's financial condition and the potential fiscal impact of legislative and administrative rules.

During the legislative session, Fiscal Services provides analysis of the fiscal impact of legislative proposals through the issuance of fiscal notes. Joint Rule 17 requires a fiscal note for any legislation having an impact of $100,000 in a fiscal year or $500,000 in a five-year period. Legislators may request a fiscal note on any bill or amendment by contacting the Fiscal Services main office at (515) 281-5279 or the fiscal analyst responsible for the bill.

Fiscal Services prepares correctional impact statements for bills which create a public offense or significantly change an existing offense or the penalty.

Fiscal Services also analyzes the fiscal impact of proposed administrative rules changes. This information is provided to the Administrative Rules Review Committee prior to each meeting.

Beginning in late Fall, Fiscal Services provides analysis of the annual budget requests submitted by the Executive Branch departments, followed in January by an analysis of the Governor's budget recommendations submitted to the General Assembly. In addition, Fiscal Services provides detailed analysis of the budget requests and Governor's recommendations by Deparment for the appropriation subcommittees.

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