Releases

IFO Releases

Monthly and Quarterly Revenue Estimates

August 30, 2023 | Revenue Estimates

This report provides revenue distributions based on the FY 2023-24 projections contained in the Official Revenue Estimate published by the IFO on June 20, 2023.

Tags: estimates, monthly, quarterly, revenue

Full Report

AFSCME Wage Contract Analysis

August 29, 2023 | Wage Contracts

This letter provides a fiscal impact analysis of the collective bargaining agreement between the Commonwealth of Pennsylvania and the American Federation of State, County and Municipal Employees (AFSCME) Council 13.

Tags: afscme, contract, wage

Full Report

County Income Patterns 2018-2021

August 24, 2023 | Economics and Other

This research brief uses the latest published data to generate maps and county rankings of recent demographic and income trends. The release highlights population change, personal income growth and per capita amounts for all counties in the Commonwealth.

Tags: county, income, patterns

Full Report

August 2023 Monthly Economic Update

August 23, 2023 | Revenue & Economic Update

The Monthly Economic Update provides data and insight on current trends that impact the state economy. 

Tags: economic, monthly, update

Full Report

Property Tax Burden By County

August 22, 2023 | Property Tax

This research brief uses (1) income data from the Bureau of Economic Analysis and the Internal Revenue Service and (2) property tax data from the Pennsylvania Department of Education and Department of Community and Economic Development to estimate county-level property tax burdens across the state for 2021. 

Tags: county, property, tax

Full Report

Budget Impact of 2023 Wage Contracts

August 14, 2023 | Wage Contracts

This research brief provides a preliminary estimate of the budget impact if the terms of the newly ratified AFSCME collective bargaining agreement (CBA) apply to all CBAs reviewed by the IFO, as well as management and non-represented workers.

Tags: brief, budget, contracts, impact, research, wage

Full Report

Revenue Estimate Performance

August 10, 2023 | Revenue Estimates

This report examines the performance of IFO revenue estimates for the past eleven budget cycles.

Tags: estimate, performance, revenue

Full Report

Property Tax/Rent Rebate Expansion

August 09, 2023 | Property Tax

This research brief uses data from the Pennsylvania Department of Revenue, the American Community Survey and Social Security Administration to estimate the impact of the recently enacted expansion of the PTRR program. It provides detail on impact by income level, claimant type and county.

Tags: property, rebate, rent, tax

Full Report

July 2023 Revenue Update

August 01, 2023 | Revenue & Economic Update

The Commonwealth collected $2.88 billion in General Fund revenues for July, an increase of $185.3 million compared to July 2022.

Tags: estimates, monthly, revenue

Full Report