Releases

IFO Releases
Release thumbnail - Interest Earnings Update - 2026-09-10
Interest Earnings Update
September 10, 2026 | Economics and Other

This budget brief provides data for interest earned on the General Fund and Rainy Day Fund average daily balances. It also provides estimates for FY 2026-27 and FY 2027-28.

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Release thumbnail - Natural Gas Production Report: 2026 Q2 - 2026-09-02
Natural Gas Production Report: 2026 Q2
September 02, 2026 | Energy

This document uses data from the Pennsylvania Department of Environmental Protection, the U.S. Energy Information Administration and Natural Gas Intelligence to provide a quarterly update on recent trends in production volume, well counts and average spot prices.

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Release thumbnail - August 2026 Revenue Update - 2026-09-01
August 2026 Revenue Update
September 01, 2026 | Revenue & Economic Update

The Commonwealth collected $3.02 billion in General Fund revenues for August, an increase of $60 million (+2.0%) compared to August 2025.

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Release thumbnail - Monthly and Quarterly Revenue Estimates - 2026-08-26
Monthly and Quarterly Revenue Estimates
August 26, 2026 | Revenue Estimates

This report provides revenue distributions based on the FY 2026-27 projections contained in the Official Revenue Estimate published by the IFO on June 22, 2026 and the statutory changes that were enacted with the FY 2026-27 state budget.

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Release thumbnail - Performance Based Budgeting Performance Reports - 2026-08-26
Performance Based Budgeting Performance Reports
August 26, 2026 | Performance Budgeting

The IFO posted the five-year reviews of Performance Based Budgeting and Tax Credit Performance reports submitted to the PBB Board in January 2024.

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Release thumbnail - Tax Credit Performance Reports - 2026-08-26
Tax Credit Performance Reports
August 26, 2026 | Tax Credit Review

The IFO posted the five-year reviews of Performance Based Budgeting and Tax Credit Performance reports submitted to the PBB Board in January 2024.

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Release thumbnail - Personal Income Tax Progressive at Low End - 2026-08-17
Personal Income Tax Progressive at Low End
August 17, 2026 | Economics and Other

The IFO published a budget brief that examines two provisions that convert the flat state income tax (3.07% rate) into an effectively progressive tax for lower-income filers.

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Release thumbnail - Act 21 of 2026 COLA Analysis - 2026-08-14
Act 21 of 2026 COLA Analysis
August 14, 2026 | Pension Analysis

The IFO published an actuarial analysis of provisions in Act 21 of 2026 that provide ad hoc cost-of-living adjustments (COLAs) to certain members of SERS, PSERS and municipal system retirees who served as police officers or firefighters.

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Release thumbnail - SNAP Update: Payment Error Rate Declines - 2026-08-12
SNAP Update: Payment Error Rate Declines
August 12, 2026 | Economics and Other

The IFO published a budget brief using the latest SNAP data from June 2026. Enrollment has reverted to pre-Covid levels after a 14% contraction from the June 2024 peak.

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Release thumbnail - July 2026 Revenue Update - 2026-08-03
July 2026 Revenue Update
August 03, 2026 | Revenue & Economic Update

The Commonwealth collected $3.36 billion in General Fund revenues for July, an increase of $322 million compared to July 2025.

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