IFO Releases
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.
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.
Analysis of Revenue Proposals in the 2019-20 Executive Budget
March 22, 2019 | Revenue Estimates
This report provides estimates for the revenue proposals contained in the 2019-20 Executive Budget released February 2019. The Independent Fiscal Office (IFO) publishes this report to fulfill its statutory duties as provided under 71 Pa.C.S. § 4104. The act requires that the IFO “provide an analysis, including economic impact, of all tax and revenue proposals submitted by the Governor or the Office of the Budget."
Mid-Year Update FY 2018-19
January 29, 2019 | Revenue Estimates
The Independent Fiscal Office (IFO) has released a mid-year update of its revenue estimate for fiscal year (FY) 2018-19. The revised estimate is $34.272 billion, which is $373 million higher than the IFO’s offical estimate. As part of the mid-year update, the IFO also provides an advance look at revenue projections for the next fiscal year. For FY 2019-20, revenues are projected to be $35.272 billion, an increase of 2.9 percent over the current year. The office will update the estimate in its next round of revenue projections to be released in late May.
FIVE YEAR ECONOMIC AND BUDGET OUTLOOK
November 15, 2018 | Revenue Estimates
Click on the hyperlink above to access the full report, three presentations and press release.
MONTHLY AND QUARTERLY REVENUE ESTIMATES
July 30, 2018 | Revenue Estimates
This report provides revenue distributions based on the FY 2018-19 projections contained in the Official Revenue Estimate published by the IFO on June 18, 2018. They reflect the statutory changes that were enacted with the FY 2018-19 state budget.
Revenue Estimate Performance
July 25, 2018 | Revenue Estimates
This report examines the performance of IFO revenue estimates for the past six budget cycles.
Official Revenue Estimate FY 2018-19
June 18, 2018 | Revenue Estimates
The official revenue estimate for FY 2018-19 and updated estimates for FY 2017-18.
Initial Revenue Estimate FY 2018-19
May 01, 2018 | Revenue Estimates
The initial revenue estimate for FY 2018-19 and updated estimates for FY 2017-18.
Analysis of Revenue Proposals in the 2018-19 Executive Budget
April 18, 2018 | Revenue Estimates
This report provides estimates for the revenue proposals contained in the 2018-19 Executive Budget released February 2018. The Independent Fiscal Office (IFO) publishes this report to fulfill its statutory duties as provided under 71 Pa.C.S. § 4104. The act requires that the IFO “provide an analysis, including economic impact, of all tax and revenue proposals submitted by the Governor or the Office of the Budget.”