May 16, 2022 | Revenue Estimates
The IFO will release its Initial Revenue Estimate on Monday, May 23rd at 1:30 PM. The report will contain revisions to the FY 2021-22 estimate and an initial estimate for FY 2022-23. See the announcement for a link to register for the presentation.
April 08, 2022 | Revenue Estimates
This report provides estimates for the revenue proposals contained in the 2022-23 Executive Budget released February 2022. The Independent Fiscal Office (IFO) publishes this report to fulfill its statutory duties as provided under 71 Pa.C.S. § 4104. The act requires that the IFO “provide an analysis, including economic impact, of all tax and revenue proposals submitted by the Governor or the Office of the Budget."
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.
November 04, 2021 | Revenue Estimates
The Independent Fiscal Office will release an updated revenue estimate and discuss economic trends for FY 2021-22 to 2026-27. 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.
August 31, 2021 | Revenue Estimates
This report provides revenue distributions based on the FY 2021-22 projections contained in the Official Revenue Estimate published by the IFO on June 22, 2021 and the statutory changes that were enacted with the FY 2021-22 state budget.