Releases

IFO Releases

Initial Revenue Estimate FY 2020-21

May 26, 2020 | Revenue Estimates

The initial revenue estimate for FY 2020-21 and updated estimates for FY 2019-20 are included. 

Tags: estimates, revenue

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Initial Revenue Estimate FY 2020-21 Presentation

May 26, 2020 | Revenue Estimates

Director Matthew Knittel made a presentation on the initial revenue estimate for FY 2020-21 and updated estimates for FY 2019-20.

Tags: estimates, presentation, revenue

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Natural Gas Production Report, 2020Q1

May 21, 2020 | Natural Gas

This report for the first quarter of 2020 uses data collected by the PA Department of Environmental Protection to develop statewide and county-level tabulations of production volume and well counts. 

Tags: gas, production

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May 2020 Economic Update

May 20, 2020 | Revenue & Economic Update

The May 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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IFO Public Briefing: Initial Revenue Estimate FY 2020-21

May 19, 2020 | Revenue Estimates

The Independent Fiscal Office will release an updated revenue estimate for FY 2019-20 and an initial revenue estimate for FY 2020-21. 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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SEIU Local 668 UC Referees Unit Wage Contract Analysis

May 07, 2020 | Wage Contracts

The Independent Fiscal Office (IFO) has issued a cost analysis of the collective bargaining agreement between the Commonwealth of Pennsylvania and the Service Employees International Union (SEIU) Local 668 Unemployment Compensation (UC) Referees.

Tags: contract, wage

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April 2020 Revenue Update

May 01, 2020 | Revenue & Economic Update

The Commonwealth collected $2.18 billion in General Fund revenues for April, a decline of $2.23 billion compared to April 2019. The IFO estimates that the COVID-19 virus reduced monthly collections by $2.12 billion due to business closures, delayed payment processing and the extension of some tax due dates.

Tags: estimates, monthly, revenue

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