Releases

IFO Releases

Budget and Economic Update

June 11, 2019 | News Stand & Other

Deputy Director Brenda Warburton gave a presentation to the Pennsylvania Institute of Certified Public Accountants regarding an update on Pennsylvania's budget and economic landscape.  

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May 2019

June 03, 2019 | Monthly Trends Reports

The Commonwealth collected $2.62 billion in General Fund revenues for May, an increase of $160.4 million (6.5%) compared to May 2018. Fiscal year-to-date revenues are $31.78 billion, an increase of $296.2 million (0.9%) from the prior year.

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Natural Gas Production Report, 2019Q1

May 30, 2019 | Natural Gas

This report for the first quarter of 2019 uses data collected by the PA Department of Environmental Protection to develop statewide and county-level tabulations of production volume and well counts.

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Property Tax Replacement Estimates

May 23, 2019 | Property Tax

In response to a legislative request, the IFO has posted a letter that provides revenue estimates for various proposed changes to the state tax code that affect personal income, sales and property taxes.

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IFO News Stand - May Edition

May 22, 2019 | News Stand & Other

The May 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.

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Initial Revenue Estimate FY 2019-20

May 20, 2019 | Revenue Estimates

The initial revenue estimate for FY 2019-20 and updated estimates for FY 2018-19 are included. For the PowerPoint presentation, click on the hyperlink above.

 

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Initial Revenue Estimate FY 2019-20 Presentation

May 20, 2019 | Revenue Estimates

Director Matthew Knittel made a presentation on the initial revenue estimate for FY 2019-20 and updated estimates for FY 2018-19.

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Economic and Revenue Update

May 16, 2019 | News Stand & Other

Director Matthew Knittel made a brief presentation to the Harrisburg Trade Association Executives on recent revenue and economic trends for the U.S. and Pennsylvania.

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Property Tax Rent Rebate Program

May 15, 2019 | Property Tax

In response to a legislative request, the IFO transmitted a letter that analyzes a proposed expansion of the Property Tax Rent Rebate Program.

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APRIL 2019

May 01, 2019 | Monthly Trends Reports

The Commonwealth collected $4.41 billion in General Fund revenues for April, an increase of $659.5 million (17.6%) compared to April 2018. Fiscal year-to-date revenues are $29.16 billion, an  increase of $135.9 million (0.5%) from the prior year.

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