December 13, 2017 | Research Briefs and Special Reports
In response to a legislative request, the IFO reviewed overtime paid to nurses employed by the Department of Corrections (DOC).
December 13, 2017 | Presentations
Director Matthew Knittel made a presentation to the National Federation of Independent Business (NFIB) to provide background on the IFO and an update on Pennsylvania’s short- and long-term budget outlook.
December 11, 2017 | Research Briefs and Special Reports
In response to a legislative request, the IFO analyzed data from the American Community Survey (ACS) to estimate the share of school property taxes paid by households in which the householder (or spouse, if applicable) had attained the ages 60 or over, 65 or over and 70 or over. The analysis applies the shares derived from the ACS to estimated school district property tax collections attributable to homestead properties for FY 2015-16 to further estimate the dollar amounts paid by such households.
December 07, 2017 | Natural Gas Reports
This report for the third 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.
December 06, 2017 | Research Briefs and Special Reports
As an extension of its recent research relating to property taxes, the IFO has released additional data regarding homestead property. Estimates for the numbers and assessed values of homestead properties by county are based, in large part, on the results of a survey of county assessment offices. The County Commissioners Association of Pennsylvania provided valuable assistance by coordinating the survey.
December 01, 2017 | Monthly Trends Reports
The Commonwealth collected $2.3 billion in General Fund revenues for November, an increase of $318.6 million (16.0%) compared to November 2016. Fiscal year-to-date revenues were $11.4 billion, an increase of $577.8 million (5.3%) from the prior year.
November 16, 2017 | Revenue Estimates
This report examines the demographic, economic, revenue and expenditure trends that will affect the Commonwealth’s fiscal condition through fiscal year (FY) 2022-23. Based on the economic and demographic assumptions used by this report, the evaluation finds that various factors imply a long-term fiscal imbalance.
November 13, 2017 | Research Briefs and Special Reports
In response to a legislative request, the IFO collected and analyzed certain data related to school property taxes and potential replacement revenues.
November 03, 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.
November 01, 2017 | Monthly Trends Reports
The Commonwealth collected $2.2 billion in General Fund revenues for October, a decrease of $59.3 million (-2.7%) compared to October 2016. Fiscal year-to-date revenues were $9.1 billion, an increase of $259.2 million (2.9%) from the prior year.