IFO Releases
Budget and Economic Update
January 29, 2016 | Economics and Other
Director Matthew Knittel provided an economic and revenue update to the Greater Philadelphia Chamber of Commerce.
Five-Year Economic and Budget Outlook: FY 2015-16 to 2020-21
January 27, 2016 | Revenue Estimates
This report examines the demographic, economic, revenue and expenditure trends that will affect the Commonwealth’s fiscal condition through fiscal year (FY) 2020-21. Based on the economic and demographic assumptions used by this report, the evaluation finds that various factors imply a long-term fiscal imbalance. (Updated January 2016)
December 2015
January 01, 2016 | Revenue & Economic Update
The Commonwealth collected $2.73 billion in General Fund revenues for December, an increase of $14.6 million (0.5%) compared to December 2014.
Fiscal year-to-date revenues were $13.4 billion, an increase of $101.2 million (0.8%) from the prior year.