Releases

IFO Releases

Five Year Economic and Budget Outlook

January 21, 2021 | Revenue Estimates

The Independent Fiscal Office (IFO) released its five-year Economic and Budget Outlook. Click the hyperlink above to view the report and presentation.

Tags: budget, economic, outlook

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January 2021 Economic Update

January 20, 2021 | Revenue & Economic Update

The January edition of our Monthly Economic Update includes links to recent articles and reports that provide insight into state or national economic, demographic and fiscal trends. 

Tags: economic, monthly, news

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January 2021 Economic and Budget Outlook

January 11, 2021 | Revenue Estimates

The Independent Fiscal Office will release an updated revenue estimate and discuss economic trends for FY 2020-21 to 2025-26. The briefing is open to the public and submitted questions will be addressed at the end of the presentation. The report will also be posted to the IFO website when the presentation concludes. Click on the link for details on how to register.

Tags: estimates, presentation, revenue

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2020 Impact Fee Estimate

January 05, 2021 | Natural Gas

This report uses recent data published by the Department of Environmental Protection to project CY 2020 Impact Fee collections (remitted April 2021). Collections are estimated to be $144.9 million, a decrease of $55.9 million from the prior year.

Tags: collections, gas

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December 2020 Revenue Update

January 04, 2021 | Revenue & Economic Update

The Commonwealth collected $3.68 billion in General Fund revenues for December, an increase of $774.3 million (26.6%) compared to December 2019. 

Tags: estimates, monthly, revenue

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December 2020 Economic Update

December 16, 2020 | Revenue & Economic Update

The December edition of our Monthly Economic Update includes links to recent articles and reports that provide insight into state or national economic, demographic and fiscal trends. 

Tags: economic, monthly, news

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December Economic and Revenue Update

December 09, 2020 | News Stand & Other

Director Matthew Knittel provided an economic update to the PA Association of Community Bankers.

Tags: economic, presentation, revenue

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PPP Loans to Pennsylvania Businesses

December 08, 2020 | News Stand & Other

This research brief examines the impact of the PPP on Pennsylvania businesses by considering the number and type of firms affected, the potential employment impact and possible tax implications.

Tags: businesses, employment, ppp, tax

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November 2020 Revenue Update

December 01, 2020 | Revenue & Economic Update

The Commonwealth collected $2.34 billion in General Fund revenues for November, a decrease of $18.3 million (-0.8%) compared to November 2019.

Tags: estimates, monthly, revenue

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November 2020 Economic Update

November 25, 2020 | Revenue & Economic Update

The November edition of our Monthly Economic Update includes links to recent articles and reports that provide insight into state or national economic, demographic and fiscal trends. 

Tags: economic, monthly, news

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