Releases

Revenue Estimates

IFO Releases

Official Revenue Estimate FY 2022-23

June 23, 2022 | Revenue Estimates

The Independent Fiscal Office (IFO) released its official revenue estimate for FY 2022-23. Updated estimates for FY 2021-22 are included.

Tags: estimates, revenue

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Initial Revenue Estimate FY 2022-23

May 23, 2022 | Revenue Estimates

The IFO released its initial revenue estimate for FY 2022-23. Click the hyperlink above to view the report and presentation.

Tags: estimates, revenue

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Initial Revenue Estimate Announcement

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.

Tags: estimates, initial, revenue

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Analysis of Revenue Proposals in the 2022-23 Executive Budget

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."

Tags: proposals, revenue

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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.

Tags: estimates, revenue

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Five-Year Economic and Budget Outlook

November 15, 2021 | Revenue Estimates

The Independent Fiscal Office (IFO) released its five-year Economic and Budget Outlook. Click the hyperlink above to view the report and presentations.

Tags: budget, economic, outlook

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Economic and Budget Outlook

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.

Tags: budget, economic, outlook, revenue

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Revenue Estimate Performance

September 16, 2021 | Revenue Estimates

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

Tags: estimates, performance, revenue

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Monthly and Quarterly Revenue Estimates

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.

Tags: estimates, monthly, quarterly, revenue

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Official Revenue Estimate FY 2021-22

June 22, 2021 | Revenue Estimates

The Independent Fiscal Office (IFO) released its official revenue estimate for FY 2021-22. Updated estimates for FY 2020-21 are included.

Methodology

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