Releases

The Implications of Economic and Demographic Trends for State and Municipal Tax Policy

April 24, 2016 | Economics and Other

Director Matthew Knittel made a presentation at the Urban Economic and Policy Conference sponsored by Drexel University and Econsult Solutions entitled "The Implications of Economic and Demographic Trends for State and Municipal Tax Policy."

Analysis of Revenue Proposals in the 2016-17 Executive Budget

April 21, 2016 | Revenue Estimates

This report provides revenue estimates for the tax proposals contained in the 2016-17 Executive Budget released February 2016. The Independent Fiscal Office (IFO) publishes this report to fulfill its statutory duties as provided under 71 Pa.C.S. § 4104. The act requires that the IFO “provide an analysis, including economic impact, of all tax and revenue proposals submitted by the Governor or the Office of the Budget.” 

Pennsylvania Public Pensions: Background on the Unfunded Liabilities

April 11, 2016 | Pension Analysis

Deputy Director Mark Ryan made a presentation to the Rotary Club of Harrisburg regarding the unfunded liabilities in Pennsylvania's public pension systems. (4/11/2016)

March 2016

April 01, 2016 | Revenue & Economic Update

The Commonwealth collected $4.49 billion in General Fund revenues for March, an increase of $215.1 million (5.0%) compared to March 2015.

Fiscal year-to-date revenues were $22.24 billion, an increase of $529.0 million (2.4%) from the prior year.