IFO Releases
Mid-Year Update FY 2021-22
January 31, 2022 | Revenue Estimates
The Independent Fiscal Office (IFO) released a mid-year update of its revenue estimate for fiscal year (FY) 2021-22 and provided an advance look at revenue projections for the next fiscal year. The IFO will update the estimate in its next round of revenue projections released in mid May.
PBB Overview Presentation for PDE and Agriculture
January 26, 2022 | Performance Budgeting
IFO presentation of Performance-Based Budget overview and agency highlights for the Pennsylvania Department of Education and the Department of Agriculture is posted on the website.
Tags: budgeting, performance
PBB Overview Presentation for Aging and DHS (Part 3)
January 25, 2022 | Performance Budgeting
IFO presentation of Performance-Based Budget overview and agency highlights for the Department of Aging and the Department of Human Services (Part 3) is posted on the website.
Tags: budgeting, performance
PBB Overview Presentation for DLI and PHMC
January 24, 2022 | Performance Budgeting
IFO presentation of Performance-Based Budget overview and agency highlights for the Department of Labor and Industry and the Pennsylvania Historical and Museum Commission is posted on the website.
Tags: budgeting, performance
Tax Credit Reviews
January 24, 2022 | Tax Credit Review
IFO presentation of the Mixed-Use Development, Brewers’, Coal Refuse Energy and Reclamation and Educational Tax Credit Reviews.
Mixed-Use Development Tax Credit
January 20, 2022 | Tax Credit Review
Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the fourth year, the IFO reviewed the Brewers', Coal Refuse Energy and Reclamation, Educational and Mixed-Use Development Tax Credits.
Click on the link to access the Mixed-Use Development Tax Credit Report.
Brewers' Tax Credit
January 20, 2022 | Tax Credit Review
Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the fourth year, the IFO reviewed the Brewers', Coal Refuse Energy and Reclamation, Educational and Mixed-Use Development Tax Credits.
Click on the link to access the Brewers’ Tax Credit Report.
Educational Tax Credits
January 20, 2022 | Tax Credit Review
Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the fourth year, the IFO reviewed the Brewers', Coal Refuse Energy and Reclamation, Educational and Mixed-Use Development Tax Credits.
Click on the link to access the Educational Tax Credits Report.
Department of Agriculture
January 20, 2022 | Performance Budgeting
Act 48 of 2017 requires the Independent Fiscal Office (IFO) to develop performance-based budget plans for all agencies under the Governor’s jurisdiction once every five years. For the fourth year, the IFO reviewed the Departments of Aging, Agriculture, Education, Human Services (Part 3), Labor and Industry and the Pennsylvania Historical and Museum Commission.
Click on the link to access the performance-based budget review for the Department of Agriculture.
Approved by the PBB Board on January 26, 2022.
The report was updated on January 26, 2022 for technical changes on pages 20 and 21.
Tags: budgeting, performance
Pennsylvania Historical and Museum Commission
January 20, 2022 | Performance Budgeting
Act 48 of 2017 requires the Independent Fiscal Office (IFO) to develop performance-based budget plans for all agencies under the Governor’s jurisdiction once every five years. For the fourth year, the IFO reviewed the Departments of Aging, Agriculture, Education, Human Services (Part 3), Labor and Industry and the Pennsylvania Historical and Museum Commission.
Click on the link to access the performance-based budget review for the Pennsylvania Historical and Museum Commision.
Approved by the PBB Board on January 24, 2022.
Tags: budgeting, performance