Welcome - Pennsylvania Independent Fiscal Office

www.ifo.state.pa.us

Pennsylvania Independent Fiscal Office

Pennsylvania's Economic & Budget Outlook:
Fiscal Years 2015-16 to 2020-21 IFO Annual Presentation
- Evaluates demographic and economic trends in the Commonwealth.
- Projects revenues and expenditures based on such trends.
- Assesses the Commonwealth's long-term fiscal condition.
Read the report
Using Performance Measures in the State Budget
- Discusses performance-based budgeting and how it could be integrated into Pennsylvania's budget process.
- Highlights how other states are effectively using performance measures in their budget systems.
- Includes a prototype report which could be used in agency budget hearings and provides a method for quick integration.
Read the report
Natural Gas Production Report This report for second quarter of 2016 and the calendar year-to-date uses data collected by the PA Department of Environmental Protection to develop statewide and county-level tabulations of production volume and well counts.

Read the report
Impact Fee Update and 2016 Outlook
- This research brief provides an overview of CY 2015 impact fee collections, calculates a corresponding annual average effective tax rate and discusses three scenarios for CY 2016 collections.
Read the report
Economic Development Incentives
- This research brief contains a comprehensive list of the economic development incentives offered in Pennsylvania. It also includes a tabulation of various types of spending mechanisms that the Commonwealth uses to deliver these programs.
Read the report
Monthly Trends Report Report Highlights:
- Revenues to the General Fund along with three and twelve-month trends.
- Snapshot of monthly and quarterly economic trends for PA and the U.S.
- Rotating feature headline and article.
Read the report

Welcome

This page provides links to materials recently published or presented by the IFO. For additional publications and presentations, please see the Releases page.

If you would like to be notified when new documents are posted to this website, please sign up for email alerts.
Click here for additional information.

Recent reports and documents:

Response to Actuarial Note Requests. The IFO responded to requests for actuarial notes for amendments to Senate Bills 1166 and 1168.
- SB 1166: 1) A09803, 2) A09838 and 3) A09840
- SB 1168: 1) A09837, 2) A09851 and 3) A09852
Using Performance Measures in the State Budget. This report discusses performance-based budgeting and provides a prototype report that could be used for agency budget hearings.

Monthly Trends Report for August 2016. Displays General Fund revenues and economic indicators. Prior reports can be viewed by selecting the "Releases" tab.
Natural Gas Production Report. This report for the second quarter of 2016 and the calendar year-to-date uses data collected by the PA Department of Environmental Protection to develop statewide and county-level tabulations of production volume and well counts.
Quarterly Revenue Estimates. This report displays the IFO's FY 2016-17 quarterly revenue estimates for the General, Motor License and Lottery funds.
Revenue Estimate Performance. This document examines the performance of IFO General Fund revenue estimates for the past four budget cycles.
Quarterly Revenue Review. This report compares actual revenues to IFO estimates for the second quarter of 2016 and the 2015-16 fiscal year. Includes the General, Motor License and Lottery funds.
Impact Fee Update and 2016 Outlook. This research brief provides an overview of CY 2015 impact fee collections, calculates a corresponding annual average effective tax rate and discusses three scenarios for CY 2016 collections.
Official Revenue Estimate: Fiscal Year 2016-17. This report provides the IFO's updated revenue estimate for FY 2015-16 and an official revenue estimate for FY 2016-17. This official estimate supersedes the preliminary revenue estimate released on May 3, 2016.