Pennsylvania

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

Philadelphia Cigarette & Beverage Tax Impact
March 13, 2017 | Other Documents and Requests

The IFO responds to a request regarding the impact of Philadelphia’s local cigarette and beverage taxes on state revenue collections.

The letter has been revised to include current footnotes 3 and 6, which provide additional context for the assumptions used by the analysis.  (Revised on March 20, 2017)

Full Report

Horse Racing Analysis
March 13, 2017 | Other Documents and Requests

Act 7 of 2016 requires the Independent Fiscal Office (IFO) to provide technical assistance to the Joint State Government Commission (JSGC) for a study related to various aspects of the Pennsylvania horse racing industry. The IFO agreed to provide analysis and text necessary to address the statutory requirement that the report include “a determination of the economic return to the Commonwealth, racetrack operators, horsemen, breeders and other stakeholders on the investment of gaming assessments collected under the act of July 5, 2004 (P.L.572, No.71).”

This report is the IFO's submission to the JSGC in fulfillment of this requirement.

Note: Tables D and I (pages 8 and 21) and supporting text were updated since the original publication.

Letter to JSGC (March 13, 2017)

Letter to Rep. Stephens in response to questions regarding the IFO analysis. (March 28, 2017)

Full Report

House Budget Hearing Requests
March 10, 2017 | Other Documents and Requests

The IFO provided additional information to members of the House Appropriations Committee in response to requests made at its recent budget hearing. 

Full Report

Senate Budget Hearing Requests
March 10, 2017 | Other Documents and Requests

The IFO provided additional information to members of the Senate Appropriations Committee in response to requests made at its recent budget hearing. 

Full Report

ISSU & PSSU Wage Contracts Analysis
March 08, 2017 | Other Documents and Requests

Pursuant to section 604-B(a)(8) of the Administrative Code of 1929, the Independent Fiscal Office has prepared a cost analysis of the collective bargaining agreements between the Commonwealth of Pennsylvania and the following unions:

  1. Independent State Stores Union (ISSU)

  2. Pennsylvania Social Services Union (PSSU), Hearing Officers

Full Report