IFO Releases
IFO News Stand - March Edition
March 19, 2019 | Economics and Other
The March 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.
Special Fund Receipts and Disbursements and Ambulatory Surgical Center Assessment
March 13, 2019 | Economics and Other
The Independent Fiscal Office (IFO) responded to questions raised at the office's budget hearing before the Senate Appropriations Committee. A committee member asked for an update to a February 12, 2018 report on the receipts and disbursements of certain special funds and information on how Pennsylvania compares to other states with regard to the use of special funds. Another committee member asked about the proposed ambulatory surgical center assessment for the Department of Human Services (DHS).
Income and Property Tax Burden for Retirees
March 06, 2019 | Economics and Other
In response to a legislative request, the IFO transmitted a letter that modifies or supplements certain computations from the IFO report entitled State and Local Taxes: A Comparison Across States (December 2018). The letter also compares Pennsylvania’s relative debt burden to other states.
Economic & Budget Outlook Presentation
March 01, 2019 | Economics and Other
Deputy Director Brenda Warburton gave a presentation at a session of the Pennsylvania Education Policy Fellowship Program regarding the Commonwealth's economic and budget outlook. The presentation summarized the office's five year economic and budget outlook (November 2018) as well as more recent updates to the office's revenue estimates for FY 2018-19 and FY 2019-20 (January 2019). The presentation also addressed the office's most recent estimate for school property tax collections.