This report examines 2017 impact fee collections and natural gas production in Pennsylvania. It also provides an outlook for 2018.
The June 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.
The official revenue estimate for FY 2018-19 and updated estimates for FY 2017-18.
Director Matthew Knittel gave a budget and economic update to the Pennsylvania Institute of Certified Public Accountants.
Director Matthew Knittel gave a budget and economic update to the Pennsylvania Association of School Business Officials (PASBO). Revenue Analyst Jesse Bushman also discussed an updated school district property tax forecast and recent proposed legislation.
Director Matthew Knittel gave a presentation to the Allegheny Conference on Community Development and the Chamber of Commerce for Greater Philadelphia.
The Commonwealth collected $2.5 billion in General Fund revenues for May, a decrease of $125 million (-4.9%) compared to May 2017. Fiscal year-to-date revenues are $31.5 billion, an increase of $3.1 billion (10.8%) from the prior year.