Panel lowers Iowa's revenue projections by roughly $96M

DES MOINES, Iowa (AP) — A state panel has lowered Iowa's revenue projections for the current budget year by roughly $96 million.The three-member group known as the Revenue Estimating Conference said Monday that Iowa will take in about $7.21 billion during the budget year that began in July. That's down from a $7.31 billion projection in October.