Releases

As of July 2015, the Economic and Revenue Reports have been discontinued. They are now included in the Monthly Trend Reports.

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.

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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.

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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. 

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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.

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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. 

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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. 

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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.

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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).

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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.

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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. 

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