Releases

Senior Spending and Tax Revenues

September 27, 2019 | Economics and Other

In response to a legislative request, the IFO transmitted a letter that analyzes (1) state spending dedicated to seniors, (2) the share of certain tax revenues remitted by seniors and (3) potential changes in senior migration patterns due to proposed tax law changes.

IFO NEWS STAND - SEPTEMBER EDITION

September 25, 2019 | Economics and Other

The September edition of our monthly newsletter - The IFO News Stand. The release includes links to recent articles and reports that provide insight into state or national economic, demographic and fiscal trends. 

Management and Non-Represented Wage Contract Analysis

September 25, 2019 | Wage Contracts

In response to a legislative request, the Independent Fiscal Office (IFO) has issued a cost analysis that assumes management and non-represented employees will receive salary increases consistent with the new collective bargaining agreements.

Property Tax Elimination for Senior Homeowners

September 25, 2019 | Property Tax

In response to a legislative request, the IFO transmitted a letter that analyzes a proposal to eliminate all property taxes for senior homeowners with household income of $40,000 or less. 

Natural Gas Royalties Increase in 2017

September 20, 2019 | Energy

This research brief uses state personal income tax data to estimate natural gas royalties paid to landowners in 2017. The data suggest that royalties paid increased significantly from the prior year due to increased production and higher prices.

Property Tax Rent Rebate Program

September 17, 2019 | Property Tax

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

ISSU Wage Contract Analysis

September 13, 2019 | Wage Contracts

This letter provides a fiscal impact analysis of the collective bargaining agreement between the Commonwealth of Pennsylvania and the Independent State Stores Union (ISSU).

Property Tax Rent Rebate Program

September 12, 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.

Note: This analysis was originally posted on May 15, 2019. The analysis was reposted on September 12, 2019 to reflect technical adjustments made by the IFO based on research cited in the footnotes of the updated analysis.

Property Tax Rebate for Older Homeowners

September 12, 2019 | Property Tax

In response to a legislative request, the IFO transmitted a letter that provides additional information to a previous analysis of a proposed property tax rebate for older homeowners based on various levels of household income.

August 2019

September 03, 2019 | Revenue & Economic Update

The Commonwealth collected $2.19 billion in General Fund revenues for August, a decrease of $81.3 million (-3.6%) compared to August 2018.