Economics and Other

IFO Releases

School Property Tax, Senior Spending and Tax Revenues

April 23, 2021 | Economics and Other

In response to a legislative request, the IFO transmitted a letter that updates previous analyses on state and local budget issues, including (1) the IFO school district property tax forecast, (2) potential revenue sources that could replace school district property taxes if eliminated, (3) state spending dedicated to seniors, (4) the share of certain tax revenues remitted by seniors, (5) tax treatment of retirement income by state and (6) migration patterns by age groups.

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Impact of COVID-19 on the State Economy

April 13, 2021 | Economics and Other

Director Matthew Knittel gave a brief presentation to the Senate Majority Policy Committee on the impact of COVID-19 on the state economy.

Tags: coronavirus, economy, presentation

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Senate Budget Hearing Request

April 09, 2021 | Economics and Other

The Independent Fiscal Office (IFO) responded to several questions raised at the office's budget hearing before the Senate Appropriations Committee. The questions relate to the impact of the COVID-19 pandemic on employment based on gender, net domestic migration for Pennsylvania and border states, and education sector employment for Pennsylvania and border states.

Tags: budget, hearing

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