IFO Releases
State and Local Taxes: A Comparison Across States
May 31, 2017 | Economics and Other
This report uses data from the U.S. Census Bureau, the Internal Revenue Service (IRS) and the Federation of Tax Administrators to facilitate a comparison of state and local tax systems across the fifty states. The report examines (1) the relative state and local tax burden across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property) and (3) state debt levels.
Implications of Aging for the PA Economy
May 24, 2017 | Economics and Other
Director Matt Knittel gave a presentation on May 24th to the PA Council on Aging regarding the implications of an aging population for Pennsylvania’s economy. An appendix slide appears at the end of the PowerPoint to include certain data requested during the presentation.
Natural Gas Production Report, 2017 Q1
May 22, 2017 | Energy
This report for the first quarter of 2017 and the calendar year 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 Review 2017 Q1
May 05, 2017 | Revenue Estimates
The IFO produces this report to facilitate comparison of its quarterly revenue estimates with actual revenue collections. The report also provides context for the variances between estimates and actual collections.
An Overview of School District Property Tax Reform
May 04, 2017 | Property Tax
Throughout May, Director Matt Knittel and Deputy Director Mark Ryan will make five presentations on the potential implications of school district property tax reform. The events are sponsored by the Pennsylvania Economy League and will take place at the various locations listed below.
Click the following links for additional details:
READING Thursday May 4th 7:30-9:00am
WILLIAMSPORT Friday May 5th 12:00-1:30pm
YORK Thursday May 11th 12:00-1:30pm
WILKES-BARRE Friday May 12th 12:00-1:30pm
LEHIGH VALLEY Friday May 19th 12:00-1:30pm
Initial Revenue Estimate FY 2017-18
May 02, 2017 | Revenue Estimates
The initial revenue estimate for FY 2017-18 and updated estimates for FY 2016-17.
April 2017
May 01, 2017 | Revenue & Economic Update
The Commonwealth collected $3.43 billion in General Fund revenues for April, a decrease of $227.0 million (-6.2%) compared to April 2016. Fiscal year-to-date revenues were $25.82 billion, a decrease of $73.1 million (-0.3%) from the prior year.