Releases

News Stand & Other

IFO Releases

Income and Property Tax Burden for Retirees

March 06, 2019 | News Stand & Other

In response to a legislative request, the IFO transmitted a letter that modifies or supplements certain computations from the IFO report entitled State and Local Taxes: A Comparison Across States (December 2018). The letter also compares Pennsylvania’s relative debt burden to other states.

Full Report

Economic & Budget Outlook Presentation

March 01, 2019 | News Stand & Other

Deputy Director Brenda Warburton gave a presentation at a session of the Pennsylvania Education Policy Fellowship Program regarding the Commonwealth's economic and budget outlook. The presentation summarized the office's five year economic and budget outlook (November 2018) as well as more recent updates to the office's revenue estimates for FY 2018-19 and FY 2019-20 (January 2019). The presentation also addressed the office's most recent estimate for school property tax collections.

Full Report

Budget Hearings Packet For Appropriations Committees

February 11, 2019 | News Stand & Other

The Independent Fiscal Office submitted material to the House and Senate Appropriations Committees in advance of its scheduled budget hearings.

Testimony

Full Report

IFO NEWS STAND - DECEMBER EDITION

December 11, 2018 | News Stand & Other

The December edition of our monthly newsletter - The IFO News Stand. The new release highlights links to recent articles and reports that provide insight into state or national economic, demographic, budget and tax revenue trends.

Full Report

State and Local Taxes: A Comparison Across States

December 03, 2018 | News Stand & Other

This report uses the most recent data from the U.S. Census Bureau and U.S. Bureau of Economic Analysis to facilitate a comparison of state and local tax systems across the fifty states. The report examines (1) the relative state and local tax burden across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property), (3) state tax rates and (4) state debt levels.

Full Report

IFO News Stand - November Edition

November 20, 2018 | News Stand & Other

The November edition of our monthly newsletter - The IFO News Stand. The new release highlights links to recent articles and reports that provide insight into state or national economic, demographic, budget and tax revenue trends.

Full Report

PA Fiscal Update and Outlook

November 19, 2018 | News Stand & Other

Director Matthew Knittel gave a presentation to the County Commissioners Association of Pennsylvania that reviews highlights from the IFO's recent Economic and Budget Outlook.

Full Report

IFO News Stand - October Edition

October 17, 2018 | News Stand & Other

The October edition of our monthly newsletter - The IFO News Stand. The new release highlights links to recent articles and reports that provide insight into state or national economic, demographic, budget and tax revenue trends.

Full Report

Revenue and Economic Update

October 09, 2018 | News Stand & Other

Director Matthew Knittel made a brief presentation to the House Financial Rescue Caucus on October 9, 2018 on recent revenue and economic trends for the U.S. and Pennsylvania.

 

Full Report

Tax Cut and Jobs Act Update- August 2018

August 24, 2018 | News Stand & Other

In response to a legislative request, the IFO submitted a letter that discusses the impact of the federal Tax Cut and Jobs Act (TCJA) of 2017 on Pennsylvania General Fund tax revenues and the economy.

Full Report