IFO Releases
FIVE YEAR ECONOMIC AND BUDGET OUTLOOK
November 15, 2018 | Revenue Estimates
TODAY'S PRESENTATION CANCELLED
This report examines the demographic, economic, revenue and expenditure trends that will affect the Commonwealth’s fiscal condition through fiscal year (FY) 2023-24. Based on the economic and demographic assumptions used by this report, the evaluation finds that various factors imply a long-term fiscal imbalance.
October 2018
November 01, 2018 | Monthly Trends Reports
The Commonwealth collected $2.5 billion in General Fund revenues for October, an increase of $299 million (13.7%) compared to October 2017. Fiscal year-to-date revenues are $10.0 billion, an increase of $0.9 billion (10.1%) from the prior year.
IFO News Stand - October Edition
October 17, 2018 | News Stand & Other
The October edition of our monthly newsletter - The IFO News Stand. The new release highlights links to recent articles and reports that provide insight into state or national economic, demographic, budget and tax revenue trends.
Performance-Based Budgeting Update
October 16, 2018 | Performance Budgeting
On October 15, Deputy Director Brenda Warburton gave a presentation to the Performance-Based Budget Board which provided an update regarding Act 48 implementation.
Revenue and Economic Update
October 09, 2018 | News Stand & Other
Director Matthew Knittel made a brief presentation to the House Financial Rescue Caucus on October 9, 2018 on recent revenue and economic trends for the U.S. and Pennsylvania.
September 2018
October 01, 2018 | Monthly Trends Reports
The Commonwealth collected $3.0 billion in General Fund revenues for September, an increase of $322 million (11.9%) compared to September 2017. Fiscal year-to-date revenues are $7.6 billion, an increase of $0.6 billion (9.0%) from the prior year.
August 2018
September 04, 2018 | Monthly Trends Reports
The Commonwealth collected $2.3 billion in General Fund revenues for August, an increase of $145 million (6.8%) compared to August 2017. Fiscal year-to-date revenues are $4.5 billion, an increase of $0.3 billion (7.1%) from the prior year.
NATURAL GAS PRODUCTION REPORT, 2018Q2
August 30, 2018 | Natural Gas
This report for the second quarter of 2018 uses data collected by the PA Department of Environmental Protection to develop statewide and county-level tabulations of production volume and well counts.
Tax Cut and Jobs Act Update- August 2018
August 24, 2018 | News Stand & Other
In response to a legislative request, the IFO submitted a letter that discusses the impact of the federal Tax Cut and Jobs Act (TCJA) of 2017 on Pennsylvania General Fund tax revenues and the economy.
IFO News Stand - August Edition
August 20, 2018 | News Stand & Other
The August edition of our monthly newsletter - The IFO News Stand. The new release highlights links to recent articles and reports that provide insight into state or national economic, demographic, budget and tax revenue trends.