IFO Releases
Monthly and Quarterly Revenue Estimates
August 10, 2017 | Revenue Estimates
This report provides preliminary revenue distributions based on the FY 2017-18 projections contained in the Official Revenue Estimate published by the IFO on June 15, 2017. They do not reflect any potential statutory changes that may be enacted with the state budget.
Quarterly Revenue Review 2017 Q2
August 02, 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.
Memo to Joint State Government Commission (HR 910 of 2016)
August 01, 2017 | Other Documents and Requests
On June 2, 2017, the Independent Fiscal Office submitted a memo to the Joint State Government Commission containing work product for HR 910 of 2016. The linked document is a copy of that memo.
July 2017
August 01, 2017 | Monthly Trends Reports
The Commonwealth collected $2.1 billion in General Fund revenues for July, an increase of $113 million (5.7%) compared to July 2016.
Impact Fee Update and 2017 Outlook
July 20, 2017 | Research Briefs and Special Reports
This research brief examines 2016 impact fee collections and natural gas production in Pennsylvania. It also provides an outlook for 2017.
Pennsylvania's Fiscal and Demographic Outlook
July 14, 2017 | Presentations
Deputy Director Mark Ryan gave a presentation to the Lancaster Chamber of Commerce and Industry addressing Pennsylvania’s long-term fiscal outlook, demographics and the current revenue forecast.
Like-Kind Exchange Analysis
July 10, 2017 | Other Documents and Requests
The IFO responds to a request regarding the economic benefit and tax revenue impact from eliminating Pennsylvania personal income tax on like-kind exchanges.
PLEA Wage Contract Analysis
July 05, 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 Pennsylvania Liquor Enforcement Association (PLEA).
June 2017
July 05, 2017 | Monthly Trends Reports
The Commonwealth collected $3.3 billion in General Fund revenues for June, an increase of $203.8 million (6.7%) compared to June 2016. Fiscal year-to-date revenues were $31.7 billion, an increase of $768.1 million (2.5%) from the prior year.
Impact Fee Update and 2017 Outlook
July 04, 2017 | Natural Gas Reports
This research brief examines 2016 impact fee collections and natural gas production in Pennsylvania. It also provides an outlook for 2017.