Releases

• An analysis of the school property taxes paid by homeowners age 70 and older is available. The analysis presents a preliminary assessment of data on the cost of a school property tax freeze for those homeowners and a brief discussion of factors that affect the cost of a freeze over the long-term.
   
• The IFO's report entitled Analysis of Proposal to Replace School Property Taxes: House Bill 76 and Senate Bill 76 is now available.
  • Presentation to the Senate Finance Committee on 10/15/2013.
  • Data for the graphs in section 4 of the report that display the annual and cumulative changes in personal income, sales and school property tax collections.
     
• An analysis of the school property tax reform enacted by Michigan in 1994 is available here.  The report illustrates the impact of property tax reform on Michigan tax revenues, millage rates, per pupil funding levels and the property tax base over the past two decades.
   
• The IFO projected the school property taxes paid by Pennsylvania homesteads. A copy of the memo is available here.
   
• The 2013 Tax Comparison study calculates total state and local tax burdens across all states. The full report, using the most recent data from the U.S. Census Bureau, is available here.
   
• An estimate of property taxes paid by Lancaster County homeowners aged 70 and over was made in response to a request from a member of the General Assembly. The response is available here.
   
• A report entitled Uncapping the Film Production Tax Credit: A Fiscal and Economic Analysis is available.
   
• A report entitled Pennsylvania Turnpike Toll Revenue Projections: CY 2013 to CY 2024 is available.
  • A letter summarizing the report for the House Transportation Committee is available here.
     
• A revised version of the IFO's report entitled An Analysis of Medicaid Expansion in Pennsylvania is available.
  • Note on Revisions
  • Full Report (revised)
  • Response to DPW Letter
     
• The IFO report entitled Corporate Tax Base Erosion: Analysis of Policy Options is available.
  • Executive Summary
  • Full Report
     
• The IFO's analysis of SUT Exemption for Aircraft across states is available.

• November 2013
• October 2013
• September 2013
• August 2013
• July 2013
• June 2013
• May 2013
• April 2013
• March 2013
• February 2013
• January 2013
• December 2012
• November 2012
• October 2012
• September 2012
• August 2012
• July 2012

FY 2013-14

• July 2013
• August 2013
• September 2013
• October 2013
• November 2013

FY 2012-13

• July 2012
• August 2012
• September 2012
• October 2012
• November 2012
• December 2012
• January 2013
• February 2013
• March 2013
• April 2013
• May 2013
• June 2013

• April 2013 is available here. (4/18/2013)
• January 2013 is available here. (1/24/2013)
• October 2012 is available here. (10/26/12)

• Pennsylvania's Economic & Budget Outlook: Fiscal Years 2013-14 to 2018-19
  • Full report
  • Presentation
  • Press Release
    
     
• The IFO's quarterly revenue estimates for FY 2013-14 are available here.
  
   
• The IFO's official revenue estimate for FY 2013-14 is available.
  • General Fund Snapshot
  • IFO Official Revenue Estimate - including economic outlook and documentation
  • Press Release
    
     
• The January 2013 revenue conference updated administration officials and legislative leadership on the IFO's revenue outlook for FY 2012-13 and FY 2013-14. (Per statute, each January the IFO convenes a conference that includes the chairs of the four legislative appropriations committees, the Secretary of the Budget and the Secretary of Revenue.)  A copy of the IFO's presentation is available here.

• Director Matthew Knittel's economic outlook presentation to the Pennsylvania Institute of Certified Public Accountants (PICPA) is available here. (9/24/2013)
  
   
• Director Matthew Knittel's presentation to the Pennsylvania Institute of Certified Public Accountants (PICPA) is available here. (6/11/2013)
  
   
• The IFO testifed to the House and Senate Appropriations Committees on the Pennsylvania economic and revenue outlook . (2/19/2013)
  • Director Matthew Knittel's opening statement is available here.
  • Background information on the economic and revenue outlook is available here.