Independent Fiscal Office

Revenue Estimates

Includes statutorily required revenue estimates released in May or June, November and January each year.

Reports and Analyses

Includes special reports requested by the General Assembly and IFO Research Briefs.

Monthly Trends Reports

Monthly General Fund revenue collections by tax source. Monthly and quarterly economic indicators for the U.S. and Pennsylvania.

Latest Releases

Natural Gas Production Report, 2017 Q1
May 22, 2017 | Natural Gas Reports

This report for the first quarter of 2017 and the calendar year uses data collected by the PA Department of Environmental Protection to develop statewide and county-level tabulations of production volume and well counts.

Full Report

Quarterly Revenue Review 2017 Q1
May 05, 2017 | Revenue Estimates

The IFO produces this report to facilitate comparison of its quarterly revenue estimates with actual revenue collections. The report also provides context for the variances between estimates and actual collections.

Full Report

An Overview of School District Property Tax Reform
May 04, 2017 | Presentations

Throughout May, Director Matt Knittel and Deputy Director Mark Ryan will make five presentations on the potential implications of school district property tax reform. The events are sponsored by the Pennsylvania Economy League and will take place at the various locations listed below.

Click the following links for additional details:

READING                   Thursday May 4th 7:30-9:00am

WILLIAMSPORT       Friday May 5th 12:00-1:30pm

YORK                         Thursday May 11th 12:00-1:30pm

WILKES-BARRE       Friday May 12th 12:00-1:30pm

LEHIGH VALLEY      Friday May 19th 12:00-1:30pm

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Initial Revenue Estimate FY 2017-18
May 02, 2017 | Revenue Estimates

The initial revenue estimate for FY 2017-18 and updated estimates for FY 2016-17.

Press Release


Full Report

April 2017
May 01, 2017 | Monthly Trends Reports

The Commonwealth collected $3.43 billion in General Fund revenues for April, a decrease of $227.0 million (-6.2%) compared to April 2016. Fiscal year-to-date revenues were $25.82 billion, a decrease of $73.1 million (-0.3%) from the prior year.

Full Report