Iowa Real Estate Practice Exam 2025 – The Complete All-In-One Guide to Exam Success!

Question: 1 / 400

What is the fiscal year duration in Iowa?

January 1 through December 31

April 1 through March 31

July 1 through June 30

The fiscal year duration in Iowa runs from July 1 through June 30. This timeframe aligns with the state’s budgeting processes and the fiscal year for public entities, such as local governments and school districts. By using this period, Iowa effectively manages its budgetary planning and resource allocation, facilitating a timely review and adjustment of financial matters ahead of the start of the next fiscal year.

Understanding this structure is essential for those entering the real estate field in Iowa, as it influences various financial aspects related to property management, funding for infrastructure, and budget planning for housing projects.

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October 1 through September 30

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