Pennsylvania Independent Fiscal Office
Independent Fiscal Office
Commonwealth of Pennsylvania
Pennsylvania Independent Fiscal Office

Welcome to the Home page of the Independent Fiscal Office (IFO). This page provides links to materials recently published or presented by the IFO. For a complete listing of publications and presentations made during the past year, please see the Releases page.

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Recent reports and documents:

  • Monthly Trends Report for January 2016.  Displays General Fund revenues and economic indicators. Prior reports can be viewed by selecting the "Releases" tab.
  • Economic and Budget Update. Director Matthew Knittel made a presentation to the Greater Philadelphia Chamber of Commerce on January 29, 2016.
  • Five-Year Economic and Budget Outlook: Fiscal Years 2015-16 to 2020-21. Updated January 27, 2016.
  • Quarterly Revenue Review. This report compares actual revenues to IFO estimates for the second quarter of fiscal year 2015-16. Includes the General, Motor License and Lottery funds.
  • Shared-Risk Pension Analysis.  Statutorily required report analyzing the implementation of the shared-risk pension provisions introduced by Act 120 of 2010.
  • Raising the Minimum Wage in Pennsylvania. This research brief examines a proposal from the FY 2015-16 Executive Budget to raise the state minimum wage from $7.25 to $10.10 per hour.
  • Quarterly Revenue Estimates. The projected breakdown, by quarter, of the FY 2015-16 revenue estimates for the General, Motor License and Lottery Funds published by the IFO on June 15, 2015.
  • Natural Gas Production Report (new publication).  Uses data collected by the PA Department of Environmental Protection to develop statewide and county-level tabulations of production volume and well counts.
    • Report for the time period January to June 2015.
    • Glossary of Natural Gas Terminology.
  • Impact Fee Update and 2015 Outlook. This research brief presents final CY 2014 impact fee revenues and the corresponding annual average effective tax rate. The updated brief also provides new analysis of recent production data and discusses possible scenarios for CY 2015 impact fee collections (remitted in April 2016).