IFO - Search Results

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Economic Forum Director Knittel made a brief presentation at the NFIB Economic Forum. Tags: presentation
Economic and Budget Outlook The IFO will release its long-term budget outlook for FY 2023-24 to FY 2028-29 on November 15 at 1:30 pm. Long-term issues that impact the outlook include the expiration of federal relief programs, a rapidly expanding 75+ age cohort and the depletion of surplus balances that currently generate significant interest income. See the announcement for a link to register for the presentation. Tags: budget, economic, outlook, presentation
Economic and Revenue Impact of Student Loan Moratorium Director Knittel gave a presentation at the FTA Revenue Estimation and Tax Research Conference on the economic and revenue impact of the student loan moratorium. Tags: loan, presentation, student
Economic Update Director Knittel made a brief presentation to an economic summit hosted by the York County Delegation of the General Assembly. Tags: economic, presentation
House Bill 1379 Presentation Fiscal Analyst Mathieu Taylor made a presentation to the House Local Government Committee regarding House Bill 1379, P.N. 1539. The bill would provide cost-of-living adjustments for certain retired municipal police officers and firefighters. Tags: pension, presentation
Presentation on Combined Reporting Director Matt Knittel made a brief presentation to the House Finance Committee on combined reporting. Tags: combined, presentation, reporting
Economic and Budget Outlook Presentation The IFO presented results from its five-year outlook report published in November 2022. Tags: budget, economic, presentation
Economic and Budget Outlook The Independent Fiscal Office will release an updated revenue estimate and discuss economic trends for FY 2022-23 to 2027-28. The briefing is open to the public and submitted questions will be addressed at the end of each 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, presentation
BUDGET AND ECONOMIC UPDATE PRESENTATION Deputy Director Brenda Warburton and Revenue Analyst II Jesse Bushman gave a presentation to the Marcellus Shale Coalition regarding the Commonwealth’s economic and budget outlook and recent natural gas trends. Tags: gas, marcellus, natural, presentation, shale
Economic and Budget Update Presentation Deputy Director Brenda Warburton presented on the Commonwealth’s economic and budget outlook at a session of the Pennsylvania Education Policy and Leadership Center. The presentation was updated on March 18, 2022 for a technical change on slide 30. Tags: budget, demographics, economic, estimates, presentation
Demographic and Labor Market Update Director Matthew Knittel provided a demographics and labor market update to the Lancaster Chamber of Commerce. Tags: demographic, labor, market, presentation
Property Tax Update Director Matthew Knittel made a brief presentation on property taxes to the House Majority Policy Committee. Tags: presentation, property, tax
August Economic and Revenue Update Director Matthew Knittel presented an economic and revenue update to the PA Association of Community Bankers. Tags: economic, presentation, revenue
State Pension System Testimony Director Matthew Knittel provided testimony regarding the state pension systems to the House State Government Committee, Subcommittee on Public Pensions, Benefits and Risk Management. Tags: pension, presentation
State Pension System Update Director Matthew Knittel provided a state pension system update for the PICPA Not-for-Profit and Government Accounting Conference. Tags: pension, presentation
Economic and Revenue Update Director Matthew Knittel provided a brief economic and revenue update for the PACP Chamber Day. Tags: budget, economic, presentation
Impact of COVID-19 on the State Economy Director Matthew Knittel gave a brief presentation to the Senate Majority Policy Committee on the impact of COVID-19 on the state economy. Tags: coronavirus, economy, presentation
Budget and Economic Update Presentation Deputy Director Brenda Warburton and Revenue Analyst Jesse Bushman gave a presentation to the Marcellus Shale Coalition regarding the Commonwealth’s economic and budget outlook and recent natural gas trends. Tags: budget, economic, employment, gas, presentation
Projecting the Components of the Act 1 Index Director Matt Knittel made a presentation to PASBO regarding the IFO’s recent computation of the Act 1 Index. Tags: presentation, property
Budget and Economic Update Presentation Director Matt Knittel gave a presentation to CompetePA on the state budget, federal stimulus and various revenue proposals. Tags: budget, economic, presentation
Economic and Budget Update Presentation 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. Tags: budget, demographic, economic, estimates, presentation, property
January 2021 Economic and Budget Outlook The Independent Fiscal Office will release an updated revenue estimate and discuss economic trends for FY 2020-21 to 2025-26. 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: estimates, presentation, revenue
December Economic and Revenue Update Director Matthew Knittel provided an economic update to the PA Association of Community Bankers. Tags: economic, presentation, revenue
November Economic and Revenue Update Director Matthew Knittel made a presentation to the Harrisburg Trade Association Executives and the PICA 2020 Fall Conference. Tags: economic, presentation, revenue
IFO Public Briefing: October 2020 Revenue and Economic Update The IFO will present a revenue and economic update for FY 2020-21 on October 29 at 10 am. The update will be based on revenues received for the first four months of the fiscal year and the latest state economic data. See the announcement for a link to register for the presentation. Tags: economic, presentation, revenue
Pennsylvania Impact Fee and Natural Gas Trends Presentation Revenue Analyst Jesse Bushman made a presentation to the Center for Energy Policy and Management at Washington & Jefferson College regarding regional natural gas trends and how they are affecting the state's Impact Fee. Tags: gas, presentation
Initial Revenue Estimate FY 2020-21 Presentation Director Matthew Knittel made a presentation on the initial revenue estimate for FY 2020-21 and updated estimates for FY 2019-20. Tags: estimates, presentation, revenue
IFO Public Briefing: Initial Revenue Estimate FY 2020-21 The Independent Fiscal Office will release an updated revenue estimate for FY 2019-20 and an initial revenue estimate for FY 2020-21. 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: estimates, presentation, revenue
Property Tax Update Presentation Director Matthew Knittel made a brief presentation to the Pennsylvania School Boards Association on property tax data recently published by the IFO. Tags: presentation, property
Economic and Budget Update Presentation Director Matthew Knittel gave a presentation at a session of the Pennsylvania Education Policy Fellowship Program regarding the Commonwealth's economic and budget outlook. Tags: presentation
Initial Revenue Estimate FY 2024-25 The IFO released its initial revenue estimate for FY 2024-25. Click the hyperlink above to view the report and presentation. 05/20/2024
Initial Revenue Estimate Announcement The IFO will release its Initial Revenue Estimate on Monday, May 20th at 1:30 PM. The report will contain revisions to the FY 2023-24 estimate and an initial estimate for FY 2024-25. See the announcement for a link to register for the presentation. 05/13/2024
Economic and Budget Update presentation The IFO presented on the Commonwealth's economic and budget outlook at a session of the Pennsylvania Education Policy and Leadership Center. 04/05/2024
Tax Modernization and Reform presentation Director Knittel made a presentation to the House Finance Subcommittee on Tax Modernization and Reform. Based on a request from Chair Rabb, the presentation was updated to add an additional slide that displays the income distribution for self-employment and S corporation/partnership income. 03/01/2024
Economic Forum Director Knittel made a brief presentation at the NFIB Economic Forum. 02/05/2024
Economic and Budget Update presentation Director Knittel made a presentation of the mid-year update to the House Budget Roundtable. 01/31/2024
Five-Year Economic and Budget Outlook The Independent Fiscal Office (IFO) released its five-year Economic and Budget Outlook. Click the hyperlink above to view the report and presentations. 11/15/2023
Economic and Budget Outlook The IFO will release its long-term budget outlook for FY 2023-24 to FY 2028-29 on November 15 at 1:30 pm. Long-term issues that impact the outlook include the expiration of federal relief programs, a rapidly expanding 75+ age cohort and the depletion of surplus balances that currently generate significant interest income. See the announcement for a link to register for the presentation. 11/08/2023
Economic and Revenue Impact of Student Loan Moratorium Director Knittel gave a presentation at the FTA Revenue Estimation and Tax Research Conference on the economic and revenue impact of the student loan moratorium. 10/03/2023
Economic Update Director Knittel made a brief presentation to an economic summit hosted by the York County Delegation of the General Assembly. 09/14/2023
House Bill 1379 presentation Fiscal Analyst Mathieu Taylor made a presentation to the House Local Government Committee regarding House Bill 1379, P.N. 1539. The bill would provide cost-of-living adjustments for certain retired municipal police officers and firefighters. 09/07/2023
presentation on Combined Reporting Director Matt Knittel made a brief presentation to the House Finance Committee on combined reporting. 06/29/2023
Initial Revenue Estimate FY 2023-24 The IFO released its initial revenue estimate for FY 2023-24. Click the hyperlink above to view the report and presentation. 05/24/2023
Initial Revenue Estimate Announcement The IFO will release its Initial Revenue Estimate on Wednesday, May 24th at 1:30 PM. The report will contain revisions to the FY 2022-23 estimate and an initial estimate for FY 2023-24. See the announcement for a link to register for the presentation. 05/17/2023
Economic and Budget Outlook presentation The IFO presented results from its five-year outlook report published in November 2022. 01/24/2023
PBB Overview presentation for PID and EO IFO presentation of Performance-Based Budget overview and agency highlights for the Pennsylvania Insurance Department and the Executive Offices is posted on the website. 01/11/2023
PBB Overview presentation for DOR IFO presentation of Performance-Based Budget overview and agency highlights for the Department of Revenue is posted on the website. 01/10/2023
2023 Tax Credit Reviews IFO presentation of the Manufacturing, Pennsylvania Resource Manufacturing, Rural Jobs and Investment, and Waterfront Development Tax Credit Reviews. 01/10/2023
PBB Overview presentation for DCNR and DDAP IFO presentation of Performance-Based Budget overview and agency highlights for the Department of Conservation and Natural Resources and the Department of Drug and Alcohol Programs is posted on the website. 01/09/2023
Five-Year Economic and Budget Outlook The Independent Fiscal Office (IFO) released its five-year Economic and Budget Outlook. Click the hyperlink above to view the report and presentations. 11/15/2022
Economic and Budget Outlook The Independent Fiscal Office will release an updated revenue estimate and discuss economic trends for FY 2022-23 to 2027-28. The briefing is open to the public and submitted questions will be addressed at the end of each 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. 11/02/2022
Evaluating the Effectiveness of Tax Incentives Without ROI Michaela Miller gave a brief presentation at the FTA Revenue Estimation and Tax Research Conference on evaluating the effectiveness of tax incentives without ROI. The REAP tax credit was used as a case study. 10/26/2022
Inflation's Impact on the Pennsylvania Economy On June 8, Director Matthew Knittel will make a brief presentation to the House Majority Policy Committee on the impact of inflation on the state economy and budget. 06/07/2022
Initial Revenue Estimate FY 2022-23 The IFO released its initial revenue estimate for FY 2022-23. Click the hyperlink above to view the report and presentation. 05/23/2022
Initial Revenue Estimate Announcement 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. 05/16/2022
BUDGET AND ECONOMIC UPDATE presentation Deputy Director Brenda Warburton and Revenue Analyst II Jesse Bushman gave a presentation to the Marcellus Shale Coalition regarding the Commonwealth’s economic and budget outlook and recent natural gas trends. 03/31/2022
PBB Overview presentation for PDE IFO presentation of Performance-Based Budget overview and agency highlights for the Pennsylvania Department of Education is posted on the website. 03/09/2022
Economic and Budget Update presentation Deputy Director Brenda Warburton presented on the Commonwealth’s economic and budget outlook at a session of the Pennsylvania Education Policy and Leadership Center. The presentation was updated on March 18, 2022 for a technical change on slide 30. 03/04/2022
PBB Overview presentation for PDE and Agriculture 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. 01/26/2022
PBB Overview presentation for Aging and DHS (Part 3) 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. 01/25/2022
PBB Overview presentation for DLI and PHMC 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. 01/24/2022
Tax Credit Reviews IFO presentation of the Mixed-Use Development, Brewers’, Coal Refuse Energy and Reclamation and Educational Tax Credit Reviews. 01/24/2022
IFO Background and Recent Releases Director Matt Knittel made a presentation of recent IFO releases to the PA School Boards Association. 01/19/2022
Economic Outlook and Property Tax Update Analyst Jesse Bushman made a presentation to PASBO regarding the IFO’s recent Five-Year Economic and Budget Outlook and School District Property Tax Forecast. 11/16/2021
Five-Year Economic and Budget Outlook The Independent Fiscal Office (IFO) released its five-year Economic and Budget Outlook. Click the hyperlink above to view the report and presentations. 11/15/2021
Economic and Budget Outlook 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. 11/04/2021
PBB Addendums and Updated KSDZ Tax Credit Report presentation The IFO presented the PBB Addendums and revised KSDZ Tax Credit report to the Performance Based Budget Board. 09/28/2021
Property Tax Update Director Matthew Knittel made a brief presentation on property taxes to the House Majority Policy Committee. 08/30/2021
Initial Revenue Estimate FY 2021-22 The Independent Fiscal Office (IFO) released its initial revenue estimate for FY 2021-22. Click the hyperlink above to view the report and presentation. 05/26/2021
Initial Revenue Estimate Announcement The IFO will release its Initial Revenue Estimate on Wednesday, May 26th at 1:00PM. The report will contain revisions to the FY 2020-21 estimate and an initial estimate for FY 2021-22. See the announcement for a link to register for the presentation. 05/19/2021
PBB Overview presentation for PSP and DMVA IFO presentation of Performance-Based Budget overview and agency highlights for the Pennsylvania State Police and the Department of Military and Veterans Affairs is posted on the website. 04/28/2021
PBB Overview presentation for PennDOT and DHS (Part 2) IFO presentation of Performance-Based Budget overview and agency highlights for the Department of Transportation and the Department of Human Services (Part 2). 04/27/2021
NAP, REAP, EEEP, VGP and KSDZ Tax Credit Reviews IFO presentation of the Neighborhood Assistance Program, Resource Enhancement and Protection Program, Entertainment Economic Enhancement Program, Video Game Production and Keystone Special Development Zone Tax Credit Reviews. 04/26/2021
Impact of COVID-19 on the State Economy Director Matthew Knittel gave a brief presentation to the Senate Majority Policy Committee on the impact of COVID-19 on the state economy. 04/13/2021
Budget and Economic Update presentation Deputy Director Brenda Warburton and Revenue Analyst Jesse Bushman gave a presentation to the Marcellus Shale Coalition regarding the Commonwealth’s economic and budget outlook and recent natural gas trends. 03/31/2021
Projecting the Components of the Act 1 Index Director Matt Knittel made a presentation to PASBO regarding the IFO’s recent computation of the Act 1 Index. 03/17/2021
Budget and Economic Update presentation Director Matt Knittel gave a presentation to CompetePA on the state budget, federal stimulus and various revenue proposals. 03/11/2021
Testimony on Minimum Wage Director Matt Knittel made a brief presentation to the House Commerce Committee on the proposal to raise the minimum wage. The hearing was originally scheduled for February 16, 2021 but was rescheduled to March 11, 2021. 03/11/2021
Economic and Budget Update presentation 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. 02/19/2021
Five Year Economic and Budget Outlook The Independent Fiscal Office (IFO) released its five-year Economic and Budget Outlook. Click the hyperlink above to view the report and presentation. 01/21/2021
January 2021 Economic and Budget Outlook The Independent Fiscal Office will release an updated revenue estimate and discuss economic trends for FY 2020-21 to 2025-26. 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. 01/11/2021
November Economic and Revenue Update Director Matthew Knittel made a presentation to the Harrisburg Trade Association Executives and the PICA 2020 Fall Conference. 11/18/2020
Revenue and Economic Update FY 2020-21 The Independent Fiscal Office (IFO) released its October Revenue and Economic Update. Click the hyperlink above to view the report and presentation. 10/29/2020
IFO Public Briefing: October 2020 Revenue and Economic Update The IFO will present a revenue and economic update for FY 2020-21 on October 29 at 10 am. The update will be based on revenues received for the first four months of the fiscal year and the latest state economic data. See the announcement for a link to register for the presentation. 10/23/2020
Pennsylvania Impact Fee and Natural Gas Trends presentation Revenue Analyst Jesse Bushman made a presentation to the Center for Energy Policy and Management at Washington & Jefferson College regarding regional natural gas trends and how they are affecting the state's Impact Fee. 07/14/2020
Official Revenue Estimate FY 2020-21 This report provides revised revenue estimates for FY 2019-20 and official estimates for FY 2020-21 related to the General Fund, Motor License Fund, Lottery Fund and federal funds subject to appropriation. presentation Methodology 06/22/2020
Initial Revenue Estimate FY 2020-21 presentation Director Matthew Knittel made a presentation on the initial revenue estimate for FY 2020-21 and updated estimates for FY 2019-20. 05/26/2020
IFO Public Briefing: Initial Revenue Estimate FY 2020-21 The Independent Fiscal Office will release an updated revenue estimate for FY 2019-20 and an initial revenue estimate for FY 2020-21. 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. 05/19/2020
Property Tax Update presentation Director Matthew Knittel made a brief presentation to the Pennsylvania School Boards Association on property tax data recently published by the IFO. 03/13/2020
Economic and Budget Update presentation Director Matthew Knittel gave a presentation at a session of the Pennsylvania Education Policy Fellowship Program regarding the Commonwealth's economic and budget outlook. 02/28/2020
OBMD, MTBI, R&D, and KIZ Tax Credit Reviews and PBB Overview for DCED, DOH and DHS IFO presentation of Organ and Bone Marrow Donation, Mobile Telecommunications Broadband Investment, Research and Development and Keystone Innovation Zone Tax Credit Reviews and Performance-Based Budget highlights for the Department of Community and Economic Development, Department of Health and Department of Human Services. 01/22/2020
PBB Overview presentation for PEMA, DOS and DEP IFO presentation of Performance-Based Budget overview and agency highlights for the Pennsylvania Emergency Management Agency, Department of State and Department of Environmental Protection. 01/22/2020
presentation to Grow PA Coalition Director Matthew Knittel made a brief presentation to the Grow PA Coalition on the Pennsylvania Demographic and Economic Outlook. 12/02/2019
FIVE YEAR ECONOMIC AND BUDGET OUTLOOK Click on the hyperlink above to access the full report, three presentations and press release. 11/14/2019
Five Year Economic and Budget Outlook Announcement: The IFO will present its Five-Year Economic and Budget Outlook at 1:30 p.m. on November 14th at Harrisburg University. The Tax Foundation and ITEP will also make presentations on Pennsylvania's tax and business climate. 11/06/2019
Budget and Economic Update Deputy Director Brenda Warburton gave a presentation to the Pennsylvania Institute of Certified Public Accountants regarding an update on Pennsylvania's budget and economic landscape. 06/11/2019
Initial Revenue Estimate FY 2019-20 The initial revenue estimate for FY 2019-20 and updated estimates for FY 2018-19 are included. For the PowerPoint presentation, click on the hyperlink above. 05/20/2019
Initial Revenue Estimate FY 2019-20 presentation Director Matthew Knittel made a presentation on the initial revenue estimate for FY 2019-20 and updated estimates for FY 2018-19. 05/20/2019
Economic and Revenue Update Director Matthew Knittel made a brief presentation to the Harrisburg Trade Association Executives on recent revenue and economic trends for the U.S. and Pennsylvania. 05/16/2019
PA Economy League presentation In partnership with the Pennsylvania Economy League, Director Matthew Knittel and Deputy Director Brenda Warburton will make multiple presentations on raising the state minimum wage to $12.00 per hour. The presentation examines the proposed minimum wage’s impact on employment, worker incomes, prices and state spending. 05/01/2019
Revenue and Economic Update Director Matthew Knittel made a brief presentation to the House Financial Rescue Caucus on April 17, 2019 on recent revenue and economic trends for the U.S. and Pennsylvania. 04/17/2019
Economic & Budget Outlook presentation 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. 03/01/2019
Film, Historic Preservation and New Jobs Tax Credit Reviews IFO presentation of the Film Production, Historic Preservation and New Jobs Tax Credit Reviews. 01/18/2019
Performance-Based Budget Reviews Click on the hyperlink above to access the five performance-based budget reviews and presentations. 01/18/2019
PA Fiscal Update and Outlook 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. 11/19/2018
FIVE YEAR ECONOMIC AND BUDGET OUTLOOK Click on the hyperlink above to access the full report, three presentations and press release. 11/15/2018
Performance-Based Budgeting Update On October 15, Deputy Director Brenda Warburton gave a presentation to the Performance-Based Budget Board which provided an update regarding Act 48 implementation. 10/16/2018
Revenue and Economic Update 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. 10/09/2018
Demographic Trends and the PA Economy Director Matthew Knittel gave a presentation to the PA State Association of Boroughs on demographic trends and the PA economy. 08/08/2018
Stress Testing Public Pensions Deputy Director Mark Ryan gave a presentation on Stress Testing Public Pensions at the NCSL Legislative Fiscal Directors Pre-Conference. 07/30/2018
Budget and Economic Update Director Matthew Knittel gave a presentation to the Allegheny Conference on Community Development and the Chamber of Commerce for Greater Philadelphia. 06/04/2018
Initial Revenue Estimate FY 2018-19 The initial revenue estimate for FY 2018-19 and updated estimates for FY 2017-18. Press Release presentation 05/01/2018
IFO Update on Selected Fiscal Topics and Pennsylvania Demographics Deputy Director Mark Ryan made a presentation to the annual conference of the Pennsylvania Association of School Business Officials and provided updates on topics addressed in recent IFO analyses. The topics included 1) school property tax forecasts and analysis, 2) Pennsylvania demographic trends, 3) the most recent IFO revenue estimates for FY 2017-18 and FY 2018-19 and 4) the impact of pension changes resulting from Act 5 of 2017. 03/09/2018
Mid-Year Update FY 2017-18 The Independent Fiscal Office (IFO) has released a mid-year update of its revenue estimate for fiscal year (FY) 2017-18. The revised estimate is $34.780 billion, which is $35 million higher than the IFO’s November 2017 estimate. As part of the mid-year update, the IFO also provides an advance look at revenue projections for the next fiscal year. For FY 2018-19, revenues are projected to be $33.914 billion, a decrease of -2.5 percent over the current year. The presentation also addresses the impact of recent federal tax law changes on the Pennsylvania budget. The changes affect estimates for corporate net income, personal income and sales tax revenues in FY 2017-18 and FY 2018-19. The office will update the estimate in its next round of revenue projections to be released in early May. Press Release 01/29/2018
Aging and the Pennsylvania Economy Director Matthew Knittel gave a presentation to the Task Force on Private Sector Retirement Security on the implications of aging for the Pennsylvania economy. 01/25/2018
Pennsylvania Fiscal Update Director Matthew Knittel made a presentation to the National Federation of Independent Business (NFIB) to provide background on the IFO and an update on Pennsylvania’s short- and long-term budget outlook. 12/13/2017
Five Year Economic and Budget Outlook This report examines the demographic, economic, revenue and expenditure trends that will affect the Commonwealth’s fiscal condition through fiscal year (FY) 2022-23. Based on the economic and demographic assumptions used by this report, the evaluation finds that various factors imply a long-term fiscal imbalance. Press Release IFO presentation PEW presentation Letter providing additional detail Updated projections for the PSERS state share 11/16/2017
Pennsylvania Fiscal Outlook presentation Director Matthew Knittel addressed the Society of Municipal Analysts to provide an update on Pennsylvania’s fiscal outlook, demographics and current budget status. 10/19/2017
Pennsylvania's Fiscal and Demographic Outlook Deputy Director Mark Ryan gave a presentation to the Lancaster Chamber of Commerce and Industry addressing Pennsylvania’s long-term fiscal outlook, demographics and the current revenue forecast. 07/14/2017
Actuarial Impact of Act 5 - School District Pension Contributions Deputy Director Mark Ryan made a presentation to the Pennsylvania School Boards Association (PSBA) regarding the impact of recently enacted pension legislation (Act 5 of 2017) on school district pension contributions. 06/28/2017
Implications of Aging for the PA Economy Director Matt Knittel gave a presentation on May 24th to the PA Council on Aging regarding the implications of an aging population for Pennsylvania’s economy. An appendix slide appears at the end of the PowerPoint to include certain data requested during the presentation. 05/24/2017
An Overview of School District Property Tax Reform Throughout May, Director Matt Knittel and Deputy Director Mark Ryan will make five presentations on the potential implications of school district property tax reform. The events are sponsored by the Pennsylvania Economy League and will take place at the various locations listed below. Click the following links for additional details: READING Thursday May 4th 7:30-9:00am WILLIAMSPORT Friday May 5th 12:00-1:30pm YORK Thursday May 11th 12:00-1:30pm WILKES-BARRE Friday May 12th 12:00-1:30pm LEHIGH VALLEY Friday May 19th 12:00-1:30pm 05/04/2017
Initial Revenue Estimate FY 2017-18 The initial revenue estimate for FY 2017-18 and updated estimates for FY 2016-17. Press Release presentation 05/02/2017
Economic Forecast Summit presentation Director Matthew Knittel provided a budget and economic update to the Fifth Annual Economic Forecast Summit sponsored by the Pennsylvania Chamber Educational Foundation and the Pennsylvania Bankers Association. 02/28/2017
Long-Term Fiscal Outlook Deputy Director Mark Ryan made a presentation at a session of the Pennsylvania Education Policy Fellowship Program regarding the Commonwealth's long-term fiscal outlook. The presentation summarized the office's five-year economic and budget outlook (November 2016) as well as more recent updates to the office's revenue estimates for FY 2016-17 and FY 2017-18 (January 2017). The presentation also addressed the office's most recent estimate for school property tax collections. 02/10/2017
School District Property Tax Elimination Director Matt Knittel and Deputy Director Mark Ryan made a presentation to the Pennsylvania School Boards Association (PSBA) regarding the current proposal and forecasts for school district property taxes in Pennsylvania. Updated February 13, 2017 01/19/2017*
Five Year Economic and Budget Outlook This report examines the demographic, economic, revenue and expenditure trends that will affect the Commonwealth’s fiscal condition through fiscal year (FY) 2021-22. Based on the economic and demographic assumptions used by this report, the evaluation finds that various factors imply a long-term fiscal imbalance. Press Release IFO presentation Don Boyd's presentation on Public Pension Risk 11/15/2016
The Commonwealth’s Budget Outlook: FY 2016‐17 and Beyond Deputy Director Mark Ryan made a presentation to the Greater Pittsburgh Nonprofit Partnership regarding the Commonwealth's budget outlook for FY 2016-17 and beyond. 06/08/2016
A Look Forward: Pennsylvania’s Economic and Revenue Outlook Deputy Director Mark Ryan made a presentation to the 2016 Keystone Rail Freight Seminar regarding Pennsylvania's economic and revenue outlook. 05/13/2016
The Impact of Demographics on General Fund Revenues and Expenditures Deputy Director Mark Ryan made a presentation to the 2016 Pennsylvania Data User Conference regarding the impact of demographics on General Fund revenues and expenditures. 05/12/2016
The Implications of Economic and Demographic Trends for State and Municipal Tax Policy Director Matthew Knittel made a presentation at the Urban Economic and Policy Conference sponsored by Drexel University and Econsult Solutions entitled "The Implications of Economic and Demographic Trends for State and Municipal Tax Policy." 04/24/2016
Pennsylvania Public Pensions: Background on the Unfunded Liabilities Deputy Director Mark Ryan made a presentation to the Rotary Club of Harrisburg regarding the unfunded liabilities in Pennsylvania's public pension systems. (4/11/2016) 04/11/2016
Demographic and Economic Trends for Pennsylvania's Older Residents Director Matthew Knittel made a presentation to the House Aging and Older Adult Services Committee, which provided demographic and economic trends for Pennsylvania’s older residents. 03/23/2016
The Implications of an Aging Populace for the State Budget Director Matthew Knittel made a presentation on the budgetary implications of an aging populace at a conference sponsored by the Pennsylvania Budget and Policy Center. 03/03/2016
Five-Year Economic and Budget Outlook: FY 2015-16 to 2020-21 This report examines the demographic, economic, revenue and expenditure trends that will affect the Commonwealth’s fiscal condition through fiscal year (FY) 2020-21. Based on the economic and demographic assumptions used by this report, the evaluation finds that various factors imply a long-term fiscal imbalance. (Updated January 2016) presentation 01/27/2016
Fiscal Implications of a York County School District Consolidation The report provides potential consolidation savings and costs for 15 York County school districts and computes the real estate tax millage using various earned income tax rates and administrative savings scenarios. Full Report presentation 12/12/2014
Analysis of Proposal to Replace School Property Taxes: House Bill 76 and Senate Bill 76 This report presents the results from an analysis of House Bill 76 and Senate Bill 76 performed by the Independent Fiscal Office (IFO). The proposed legislation eliminates local school district property taxes and replaces those funds with sales and use and personal income taxes, as well as monies redirected from the Property Tax Relief Fund. presentation to the Senate Finance Committee on 10/15/2013. Data for the graphs in section 4 of the report that display the annual and cumulative changes in personal income, sales and school property tax collections. Introduction, which contains summary results from the report. 10/01/2013
index.cfm The IFO released its initial revenue estimate for FY 2024-25. Click the hyperlink above to view the report and presentation. ... (Full Report) Initial Revenue Estimate Announcement Revenue Estimates May 13, 2024 The IFO will release its Initial Revenue Estimate on 24 estimate and an initial estimate for FY 2024-25. See the announcement for a link to register for the presentation. ... (Full Report) Treasury Windfalls Boost Revenues - Update Economics and Other May 02, 2024 Treasury collections have generated a short-term Hits: 46
jackson ppt.pdf Economic Outlook Tom Jackson, Senior Economist, U.S. Regional Economics January 18, 2012 © 2012, IHS Inc. No portion of this presentation may be reproduced, reused, or otherwise distributed in any form without prior written consent. • Amid global storm clouds, the US risk of another US recession in 2012. The US Economy Keeps Growing 2 © 2012, IHS Inc. No portion of this presentation may be reproduced, reused, or otherwise distributed in any form without prior written consent. Modest US Economic Growth and High Hits: 26
PICPA_Presentation.pdf Today’s Presentation June 7, 2017 2 Revenue Update for FY 2016-17. Negative (base) revenue growth through May. Revenue shortfall approaches ~$1 4.6% Ending Balance $2 -$936 -$3,037 Note: Dollar amounts are in millions. Source: FY 2017-18 Executive Budget presentation, Feb. 7, 2017. Excludes all policy initiatives. Proposed Deficit Reduction June 7, 2017 17 2-Year Impact Revenue Package $1 Hits: 5
Presentation_Lancaster_Chamber_2017-07-14.pdf Pennsylvania’s Fiscal and Demographic Outlook Presentation to the Lancaster Chamber of Commerce and Industry Mark J. Ryan, Deputy Director Independent Fiscal Office July 14, 2017 7 special studies on revenue or budget matters.  Five-Year Economic and Budget Outlook. 7/14/2017 2 Today’s Presentation PA’s long-term structural imbalance.  Origins date to the 2008-2009 financial crisis.  Persists even when PA Hits: 4
Initial_Revenue_Estimate_Announcement_May_2023.pdf IFO Public Presentation The Independent Fiscal Office will release an updated revenue estimate for FY 2022-23 and an initial revenue estimate for FY 2023-24. The presentation will cover recent and projected economic trends that impact General Fund revenues. The report will be posted to the IFO Hits: 4
Initial_Revenue_Estimate_Announcement_2024.pdf IFO Public Presentation The Independent Fiscal Office will release an updated revenue estimate for FY 2023-24 and an initial revenue estimate for FY 2024-25. The presentation will cover recent and projected economic trends that impact General Fund revenues. The report will be posted to the IFO Hits: 4
Initial_Estimate_Announcement_May_2022.pdf IFO Public Presentation The Independent Fiscal Office will release an updated revenue estimate for FY 2021-22 and an initial revenue estimate for FY 2022-23. The presentation will review and discuss recent and projected economic trends that impact General Fund revenues. The report will be posted to Hits: 4
Five_Year_Outlook_Presentation_2022.pdf Matthew Knittel, IFO Director November 15, 2021 Annual Five-Year Economic and Budget Outlook ▪ Report and both presentations will be posted to IFO website at conclusion. ▪ Questions will be addressed at end of each presentation. Please use chat feature to submit. ▪ More detailed questions can be submitted to contact@ifo.state.pa.us. ▪ If connection Hits: 4
Econ Summit Presentation Feb 28 2017.pdf 33,410 4.6% Ending Balance $2 -$936 -$3,037 Note: millions of dollars. Source: FY 2017-18 Executive Budget presentation, Feb. 7, 2017. Excludes all policy initiatives. Proposed Deficit Reduction February 28, 2017 4 2-Year Impact Revenue Package $1 to Balance Sheet $3,043 Note: millions of dollars. Source: FY 2017-18 Executive Budget and Feb. 7, 2017 budget presentation. The Revenue Package February 28, 2017 5 2017-18 Broaden Tax Base Sales – Custom Programming $330 Sales – Storage and Aircraft Hits: 4
TaxCredit and PBB Overview- 2019-01-24.pptx Tax Credit Reviews Historic Preservation Film Production New Jobs Presentation to the Performance-Based Budget Board January 24, 2019 1/24/2019 0 Act 48 of 2017 – Tax Credit Duties also be used. January 24, 2019 10 PBB Overview and Recommendations Department of Banking and Securities Department of General Services Presentation to the Performance-Based Budget Board January 24, 2019 Department of Banking and Securities 2018-19 Agency Activity Overview January Hits: 3
Revenue_Proposal_Analysis_2021_04.pdf higher tax liability under the new filing regime. Table 1.5 concludes the analysis with industry detail from a DOR presentation regarding changes in Penn- sylvania tax liability across selected industries due to combined reporting. Tax liabilities increase across most industries Amounts in dollar millions. Table 1.5 PA DOR Estimated Combined Reporting Impact by Industry Source: Pennsylvania Department of Revenue, presentation to the Federation of Tax Administrators Revenue Estimating Conference, September 24, 2019. Corporate Net Income Tax \| Page 14 - This page Hits: 3
Revenue-Proposal-Analysis-2020-04.pdf it would not occur as scheduled. Table 1.8 concludes the analysis with detail from a recent DOR presentation at the Federation of Tax Administrators conference regarding changes in Pennsylvania tax liability across selected industries due to combined reporting. As noted dollar millions. Table 1.8 PA DOR Estimated Combined Reporting Impact by Industry Source: Pennsylvania Department of Revenue, presentation to the Federation of Tax Administrators Revenue Estimating Conference, September 24, 2019. Tax and Revenue Proposals \| Page 15 Personal Income Tax Transfer Hits: 3
PSBA Webinar - IFO - Act5_Actuarial.pdf Actuarial Impact of Act 5 of 2017 Presentation to the Pennsylvania School Boards Association Independent Fiscal Office Mark J. Ryan, Deputy Director June 28, 2017 6/28/2017 Goal: develop recommendations to generate $1.5 billion in actuarial savings over 30 years. 6/28/2017 9 Thank you Presentation to be posted at IFO website. www.ifo.state.pa.us 6/28/2017 10 Author: Mark Ryan Company: Microsoft Hits: 3
PSBA Presentation - Final.pdf Overview of School District Property Tax Elimination Presentation to the Pennsylvania School Boards Association Independent Fiscal Office Matthew Knittel, Director Mark Ryan, Deputy Director January 19, 2017 1 the percentage increase in the (1) statewide average weekly wage or (2) sales tax. 1/19/2017 14 Thank you Presentation to be posted at IFO website. www.ifo.state.pa.us 1/19/2017 15 Company: Microsoft CreationDate: 2017-02- Hits: 3
Presentation_PICPA_9-24-2013.pdf economic conditions. Upcoming Studies. o HB 76 and SB 76. o Five-Year Outlook. 24 . Sept . 2013 2 Today’s Presentation PA Economic Outlook Weakens annual growth rate or levels 2012 2013 2014 Wages and Salaries Dec 2012 Forecast 3.4% 5% 2.7% Total 3.9% 4.0% 4.0% 3.1% 3.2% 24 . Sept . 2013 26 Thank you. Presentation available at: ifo.state.pa.us Title: PowerPoint Presentation Author: Lauren Mondschein CreationDate: 2013-09-24 17:30:22 ModDate Hits: 3
Presentation_Phil_Chamber_2-12-2015.pdf Implications for projected budget deficits. Latest Economic Developments. • Gas prices. Consumer confidence. Low inflation. 12.Feb.2015 2 Today’s Presentation  Act 120 of 2010 Creates Independent Fiscal Office. • Hiring starts September 2011. Currently 9 staff. • Similar to the Congressional all changes up front, or over several years? 12.Feb.2015 Wrap Up 23 12.Feb.2015 24 Questions/Discussion Presentation to be Posted at IFO website www.ifo.state.pa.us Title: PowerPoint Presentation Author: Lauren Mondschein CreationDate: 2015-02- Hits: 3
Presentation_PBC_6-12-14.pdf and Jobs Composition, Growth. Budget Implications o Persistent tax base erosion due to demographics. 12.June.2014 2 Today’s Presentation 12.June.2014 3 Broad Demographic Trends 2000 2010 2020 Shares Number Number CAGR Number CAGR 2000 2020 PA (000s o Encourage high value-added industries. 12.June.2014 25 Wrap Up 12.June.2014 26 Questions/Discussion Thank you Presentation to be Posted at IFO website www.ifo.state.pa.us Title: PowerPoint Presentation Author: Lauren Mondschein CreationDate: 2014-06- Hits: 3
Presentation-Initial-Revenue-Estimate-2018-05.pdf REVENUE ESTIMATE FISCAL YEAR 2018-19 Commonwealth of Pennsylvania May 1, 2018 Independent fiscal office May 1, 2018 Today’s presentation.  PA economy: growth appears to accelerate recently.  FY 17-18: hitting estimate except for JUA transfer.  FY continue to spend and invest?  Do corporate profits rebound? Looking Forward May.01.2018 27 Final Estimate June 15 Presentation posted at IFO website www.ifo.state.pa.us Questions/Discussion May.01.2018 28 Title: PowerPoint Presentation Author: Lauren Hits: 3
Presentation-2019-3-1-EPLC.pdf ECONOMIC & BUDGET OUTLOOK Education Policy and Leadership Center Commonwealth of Pennsylvania March 1, 2019 Today’s IFO Presentation  Executive Summary \| Crucial Assumptions \| Recession Risk  Demographics: a contracting workforce  Economics: modest 2018 gains from TCJA, strong than not next three years.  Will federal government be able/willing to assist states? March 1, 2019 26 Questions Presentation posted on the IFO website http://www.ifo.state.pa.us/ Follow the IFO on Twitter @ind_fisc_office Independent Fiscal Office Hits: 3
Presentation-2018-10-Performance-Based-Budget-Board.pdf Overview of Act 48 Implementation October 15, 2018 Presentation to the Performance-Based Budget Board Act 48 Overview  Act 48 of 2017 directs the IFO to develop performance- g., revenue availability, court decisions, federal funding impacts, formula requirements, constituent pressures). 15 October 15, 2018 16 October 15, 2018 Presentation to be posted on the IFO website http://www.ifo.state.pa.us/ Independent Fiscal Office Rachel Carson State Office Hits: 3
PMTA_Presentation_April_2023.pdf FY 2021-22 Independent Fiscal Office January 31, 2023 Some Background and Today’s Presentation Independent Fiscal Office (IFO) established in 2011 ▪ Provides non-partisan analysis for budget and economic issues ▪ All 50 states have no governing board ▪ Members can make requests, and all work published on website ▪ Office does not make recommendations unless required Presentation has 3 parts ▪ I. Statewide economic trends: labor market, inflation and demographics ▪ II. Industry trends and state comparisons: jobs, wages Hits: 3
PBB-Board Hearing Jan 23 2020.pptx Tax Credit Reviews Organ and Bone Marrow Donation Mobile Telecom Broadband Research and Development Keystone Innovation Zones DCED PBB Highlights Presentation to the Performance-Based Budget Board January 23, 2020 2/27/2020 0 Tax Credit Reviews - Overview Tax credit reviews Currently, no metrics reported \| no compliance monitoring January 23, 2020 18 PBB Highlights Dept of Health Dept of Human Services Presentation to the Performance-Based Budget Board January 23, 2020 2/27/2020 19 Department of Health (DOH) January 23, 2020 Hits: 3
PA_Economy_League_Presentation.pdf and potential replacement revenues. 3. Implications for various groups: schools, homeowners, renters, individuals and businesses. 19.May.2017 Today’s Presentation 3 SB 76 of 2013 (IFO analysis on website).  Eliminates school district property taxes over time (retain current debt conditions.  Homeowners vs. renters.  Working vs. retired.  Growing vs. contracting school districts. 19.May.2017 Summary 26 Presentation to be Posted on IFO website www.ifo.state.pa.us 19.May.2017 Questions/Discussion 27 Author: Lauren Mondschein Hits: 3
MSC_March_31_2021.pdf prices at major PA hubs. Net of post-production costs, assumed to be $0.80 per mcf based on investor presentations for several regional producers. 4 Does not include natural gas liquids, thousands of dollars. 2020 Energy Impact: Consumption Decline March jobs only and excludes indirect jobs supported by the industry such as independent contractors. Source: Bureau of Labor Statistics. Questions Presentation posted on the IFO website http://www.ifo.state.pa.us / Follow the IFO on Twitter @ind_fisc_office Independent Fiscal Office Hits: 3
Mid_Year_FY16-17_Presentation.pdf rate is ~0.0%.  Both economic and technical factors are cause.  Inflation, business spending and consumers. No public presentation.  But will be posted to IFO website. 25.Jan.2017 2 IFO Mid-Year Update 25.Jan.2017 3 is $716 million lower than the official estimate certified by the governor in July. 25.Jan.2017 25 Questions/Discussion Presentation to be Posted at IFO website www.ifo.state.pa.us Author: Lauren Mondschein Company: Microsoft CreationDate: 2017-01-26 Hits: 3
IFO-Presentation-11-14-2019.pdf competition for increasingly mobile businesses  Tax rates, exemptions, tax credits, loans, subsidies, grants, abatements November 14, 2019 3 Guest Presentations Guest presentations posted separately November 14, 2019 4 Four Critical Assumptions PA Labor force expands despite decline in 20-64 year olds Hits: 3
IFO - Economic and Budget Outlook - January 2012.pdf fiscal years. Revenue and expenditure projections are not intended to be used as point estimates of future outcomes. Method of Presentation In order to illustrate broad trends and convey their impact, it is useful to provide both historical and relative context personal income over a twenty-year budget window that spans FY 1997-98 to FY 2016-17. 1 For tabular presentations, a fifteen-year window is used. Revenue and Expenditure Projections Whenever possible, the economic and demographic forecasts provide motivation for Hits: 3
Five_Year_Outlook_Presentation_2023_final.pdf Matthew Knittel, IFO Director November 15, 2021 Annual Five-Year Economic and Budget Outlook ▪ Report and presentation will be posted to IFO website at conclusion. ▪ Questions will be addressed at end of presentation. Please use chat feature to submit. ▪ More detailed questions can be submitted to contact@ifo.state.pa.us. ▪ If connection Hits: 3
Five_Year_Outlook_Presentation_2021.pdf November 15, 2021 Welcome to the Annual Five-Year Outlook Report to be posted at IFO website at end of presentation Both presentations run ~45 minutes – questions at end Purpose: provide assessment of long-term fiscal outlook Method: assume economy reverts to long- Hits: 3
Five_Year_Outlook_2020_Presentation_Final.pdf Economic and Budget Outlook Fiscal Years 2020-21 to 2025-26 Matthew Knittel, IFO Director January 21, 2021 Today’s Presentation Four Parts  Demographics a contracting labor force  Economics job recovery slows, some permanent job loss  Revenues solid identifies a ~$1.0 billion structural deficit  What has changed? \| Why is it worse? Questions taken at end of presentation January 21, 2021 1 Pennsylvania Demographics January 21, 2021 2 Age Cohort Number (000s) Change (000s) Avg. Annual Growth 2015 Hits: 3
EPLC Feb 2020 FINAL.pdf budgeting \| Tax credit reviews  Special Studies: property tax reform, natural gas, minimum wage February 28, 2020 2 Today’s Presentation: Three Parts State demographics and economy  Labor market still robust \| consumers drive growth  Auto loan delinquencies at all Day Fund = $340 million  Recommended: 5% ($1.8b) or 2 months operating ($6.0b) February 28, 2020 22 Questions Presentation posted on the IFO website http://www.ifo.state.pa.us/ Follow the IFO on Twitter @ind_fisc_office Independent Fiscal Office Hits: 3
Econ_Budget_Outlook_Hearing_Response_Letter_02_2023.pdf on Department of Humans Services (DHS) program expenditures listed on slides 14 and 15 in the Economic and Budget Outlook presentation. Page 33 of the IFO’s Pennsylvania Economic & Budget Outlook Fiscal Years 2022-23 to 2027-28 report released on highlighted separately. All other program categories from the table below were included within the “All Other” line within the slide presentation. Early intervention is included in the Child Development category, which is expected to grow 1.8% per annum between FY Hits: 3
2018_Mid-Year_Update.pdf tax cut: economic and General Fund impact.  Revenues: FY 17-18 update; preliminary look at FY 18-19. Public presentation later today.  Rachel Carson Building at 2:30.  Presentation to be posted to IFO website. 29.Jan.2018 2 Welcome to the IFO Mid-Year Update Mid-Year Update Hits: 3
TC_2023_PA_Resource_Manufacturing.pdf discusses the administration of the tax credit. Since no credits have been issued to date, this section excludes the standard presentation of historical program data. Section 3 contains a comparison of related tax credit programs from other states. Section 4 provides the tax credit. Because no taxpayers have applied for the PRM Tax Credit to date, this section excludes the standard presentation of historical program data. Goals and Purpose Act 48 of 2017 requires that all tax credit reviews published by the Hits: 2
TC_2021_Entertainment_Economic_Enhancement_Program.pdf of the tax credit. It then discusses the application process and administration of the tax credit, and concludes with a presentation of program data. Goals and Purpose Act 48 of 2017 requires that all tax credit reviews published by the IFO of eight qualified facilities are available. A “show” is defined as a live performance of a dramatic musical or theatrical presentation. Tours must complete a minimum of eight shows at three or more locations to be eligible. The annual program cap Hits: 2
TC_2019_Film_Production_Tax_Credit_Report.pdf to ten percent are not awarded due to with- drawn applications or other technical issues. To simplify the presentation, the analysis also ignores timing issues related to the delay between authorizations, awards and utilization of tax credits. Including that detail would Small, Ronde and Laura Wheeler, Fiscal Research Center, Georgia State University (February 2016). “A New Business Incentives Database,” Presentation prepared for the American Tax Policy Institute Annual Fall Conference, Washington D.C. (November 2017). “A Report on the Massachusetts Film Industry Hits: 2
Tax_Credit_and_PBB_Overview_2019-01-24.pdf Tax Credit Reviews Historic Preservation Film Production New Jobs Presentation to the Performance-Based Budget Board January 24, 2019 Act 48 of 2017 – Tax Credit Duties The tax credit review also be used. January 24, 2019 10 PBB Overview and Recommendations Department of Banking and Securities Department of General Services Presentation to the Performance-Based Budget Board January 24, 2019 Department of Banking and Securities 2018-19 Agency Activity Overview January Hits: 2
TaxCredit and PBB Overview- 2019-01-24.pdf Tax Credit Reviews Historic Preservation Film Production New Jobs Presentation to the Performance-Based Budget Board January 24, 2019 Act 48 of 2017 – Tax Credit Duties The tax credit review also be used. January 24, 2019 10 PBB Overview and Recommendations Department of Banking and Securities Department of General Services Presentation to the Performance-Based Budget Board January 24, 2019 Department of Banking and Securities 2018-19 Agency Activity Overview January Hits: 2
Single-Use Plastics Report-2020_06.pdf 3 percent per annum since 2014 when California first adopted a statewide ban of LWPBs. 58 A recent presentation from Novolex, the leading U.S. producer of plastic and paper retail bags, on the impact of New York’s bag ban passage, California’s statewide policy became effective. 59 Phil Rozenski, “Implementation of New York Statewide Paper Bag Standard,” presentation from paper bag manufac- turer, Novolex (2019). 60 “New York Retail Bags Market Assessment,” Freedonia Custom Research (2020). This report was prepared Hits: 2
Select Committee Oct 1 2012 FINAL.pdf implications of any amendments. 1.Oct.2012 Analysis of HB 1776 and SB 1400 of 2012 - Slide 1 Today’s Presentation  Brief overview of HB 1776 / SB 1400 of 2012.  Analysis Objectives.  Analysis Results:  Surplus or shortfall HB 1776 and SB 1400 of 2012 – Slide 30 Full Report Available at www.ifo.state.pa.us Title: PowerPoint Presentation Author: Matthew Knittel CreationDate: 2012-10-01 14:17:19 ModDate: 2012-10-01 14:17:19 Producer: Microsoft® Office Hits: 2
Publicity - Economic and Budget Outlook - 2014.pdf Independent Fiscal Office  www.ifo.state.pa.us  (717) 230-8293 Independent Fiscal Office ANNOUNCEMENT Annual Presentation Pennsylvania’s Economic & Budget Outlook: Fiscal Years 2014-15 to 2019-20 Date and Time: Thursday, November 13, 2014; 1 will affect the expenditures and revenues over the next five years. Guest Presenter: Daniel White, Senior Economist Moody’s Analytics Presentation on two topics that influence the long-term economic outlook for Pennsylvania: (1) the composition of job creation; and (2 Hits: 2
Presentation_PICPA_12-3-2014.pdf Presentation to PICPA December 3, 2014 Matthew Knittel Independent Fiscal Office Pennsylvania’s Economic and Budget Outlook FY 2014-15 to difficult policy choices. • All at once? Or many bites at the apple? 3.Dec.2014 Wrap Up 29 Title: PowerPoint Presentation Author: Lauren Mondschein CreationDate: 2014-12-04 16:21:55 ModDate: 2014-12-04 16:21:55 Producer: Microsoft® PowerPoint Hits: 2
Presentation_Pension_Town_Hall_3-26-2015.pdf General Fund appropriations under current law, the office has not performed its own analysis of pension funding. • Data in this presentation generally are derived from the comprehensive annual financial reports, actuarial valuations and budget materials published by SERS and PSERS. 3 2015-03-25 20:46:14 Producer: Acrobat Distiller 10.1.13 (Windows) Title: Microsoft PowerPoint - PNAF-PCBI Town Hall Presentation Hits: 2
Presentation_PASBO_Annual_Conference_3-8-2018.pdf PASBO 63 rd Annual Conference and Exhibits The IFO Perspective on State Financial and Demographic Data Presentation at the Annual Conference of the Pennsylvania Association of School Business Officials Mark J. Ryan, Deputy Director Independent Fiscal Office March 8, 2018 Today’s Presentation Updates on topics covered in recent IFO analyses:  School property tax  Demographics  Revenue estimates  Pensions / Act Hits: 2
Presentation_2017_02_10_EPLC.pdf 0% 4.0% 6.0% 8.0% 10.0% Personal Income Sales School Property 10.Feb.2017 28 Questions/Discussion Presentation to be Posted at IFO website www.ifo.state.pa.us Author: Lauren Mondschein Company: Microsoft CreationDate: 2017-02-09 Acrobat PDFMaker 15 for PowerPoint ModDate: 2017-02-10 20:32:52 Producer: Adobe PDF Library 15.0 Title: PowerPoint Presentation Hits: 2
Presentation_2016-05-12_PaDUC_Impact_of_Demographics.pdf and Revenue Implications. • Expenditures Affected by Population Growth in Groups. • Aging Populace Contributes to Tax Base Erosion. 3 Today’s Presentation 12.May.2016 Demographic Trends All Projections from Penn State Data Center Reflects US Census Estimates for 2015 Working Age ModDate: 2016-05-17 14:18:09 Producer: Acrobat Distiller 10.1.16 (Windows) Title: Microsoft PowerPoint - 2016 PaDUC - IFO Presentation - PRINT Hits: 2
Presentation-2019-5-1-PAEL.pdf Raising the Minimum Wage to $12.00 Presentation for the PA Economy League Matthew Knittel, Director Independent Fiscal Office May 1, 2019 The Pennsylvania Labor Market May 1 Fewer job opportunities  Harder labor market entry  Smaller/rural firms impacted more  Moderately higher prices Title: PowerPoint Presentation Author: Lesley Rompalo CreationDate: 2019-05-01 13:06:39 ModDate: 2019-05-01 13:06:39 Producer: Microsoft® PowerPoint Hits: 2
Presentation-2019-04-House-Financial-Rescue-Caucus.pdf Recent Revenue and Economic Trends IFO Presentation to the House Financial Rescue Caucus - April 17, 2019 Growth Rate General Fund Tax Revenues 2017.3 2017.4 2018 of Labor Statistics, U.S. Bureau of Economic Analysis. Growth Rates: PIT Withholding and Non-Motor Vehicle Sales Tax IFO Presentation to the House Financial Rescue Caucus, April 17, 2019. 0.0% 1.0% 2.0% 3.0% 4.0% 5 Hits: 2
Presentation-2018-10-House-Financial-Rescue-Caucus.pdf annualized growth rate. Sources: Independent Fiscal Office, U.S. Bureau of Labor Statistics, U.S. Bureau of Economic Analysis. IFO Presentation to the House Financial Rescue Caucus, October 9, 2018. Growth Rates: PIT Withholding and Non-Motor Vehicle Sales Tax IFO Presentation to the House Financial Rescue Caucus, October 9, 2018. 0.0% 1.0% 2.0% 3.0% 4.0% 5 Hits: 2
Presentation-2018-08-PA-State-Association-Boroughs.pdf  Earned income tax and property tax.  Focus on wage growth. August.08.2018 2 Good Morning & Today’s Presentation Established in 2011. Non-partisan analysis.  Modeled after the Congressional Budget Office.  Separate from Executive and Legislative branches higher likelihood next 2-3 years.  Many analysts project recession for 2020. August.08.2018 25 Wrapping it Up Presentation to be posted on the IFO website http://www.ifo.state.pa.us/ Follow the IFO on Twitter @ind_fisc_office Independent Hits: 2
Presentation-2018-06-PICPA.pdf FY 2018-19 Executive Budget. Updated amount is an IFO estimate. June.12.2018 20 Final Estimate Posted June 18 Presentation posted at IFO website www.ifo.state.pa.us Questions/Discussion June.12.2018 21 Author: Lauren Mondschein CreationDate: 2018- 15:40:22 Creator: Microsoft® PowerPoint® 2016 ModDate: 2018-06-12 15:40:44 Producer: Microsoft® PowerPoint® 2016 Title: PowerPoint Presentation Hits: 2
PICPA Presentation_ June 11, 2019.pdf Budget and Economic Update Presentation to the Pennsylvania Institute of Certified Public Accountants Brenda Warburton, Deputy Director, Independent Fiscal Office June 11, 2019 Main Themes 15:50:50 Creator: Microsoft® PowerPoint® 2016 ModDate: 2019-06-11 15:51:17 Producer: Microsoft® PowerPoint® 2016 Title: PowerPoint Presentation Hits: 2
Pennsylvania_Aging_Presentation.pdf Implications of Aging for the PA Economy PA Council on Aging May 24 2017 Independent Fiscal Office Today’s Presentation I. The Foundation: Demographics.  Baby Boomer retirements.  Life expectancy and migration flows. II. Economic Trends for Seniors.  add $4,160 per additional person. Source: U.S. Census Bureau, 2015 American Community Survey, 1-year estimates. Title: PowerPoint Presentation Author: lrompalo@hotmail.com CreationDate: 2017-05-25 11:58:48 ModDate: 2017-05-25 11:58:48 Producer: Microsoft Hits: 2
PBB_Board_Hearing_Mar_09_2022.pdf PBB Agency Highlights Pennsylvania Department of Education Presentation to the Performance-Based Budget Board March 9, 2022 Pennsylvania Department of Education (PDE) March 9, 2022 1 PDE Actual researchers to perform a longitudinal analysis that tracks outcomes over time across all school districts March 9, 2022 6 Questions Presentation posted on the IFO website http://www.ifo.state.pa.us/ Follow the IFO on Twitter @ind_fisc_office Independent Fiscal Office Hits: 2
PBB-Overview-2019-01-22.pdf PBB Overview and Recommendations DOC/PBPP JCJC PCCD Presentation to the Performance-Based Budget Board January 22, 2019 Act 48 of 2017 - PBB Duties IFO shall develop PBB plans Acrobat PDFMaker 15 for PowerPoint ModDate: 2019-01-22 17:04:49 Producer: Adobe PDF Library 15.0 Title: PowerPoint Presentation Hits: 2
PBB-Board-Hearing-Jan-22-2020.pdf PBB Overview and Agency Highlights PEMA Dept of State Dept of Environmental Protection Presentation to the Performance-Based Budget Board January 22, 2020 Performance Based Budgeting (PBB) Alternative budget framework driven by performance metrics per 100,000  PA rank falls from 48 to 49 (50 is worst) January 22, 2020 20 Title: PowerPoint Presentation Author: Lesley Rompalo CreationDate: 2020-01-22 16:52:41 ModDate: 2020-01-22 16:52:41 Producer: Microsoft® PowerPoint Hits: 2
Oct_2020_Revenue_and_Economic_Update_Announ.pdf 2020-21. 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. RSVP Here Please click on the link to register and receive an invitation to the briefing, which will be Hits: 2
October_2020_Revenue_and_Economic_Update_Announcement.pdf 2020-21. 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. RSVP Here Please click on the link to register and receive an invitation to the briefing, which will be Hits: 2
October_2020_Revenue_and_Economic_Update_Announcement (002).pdf 2020-21. 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. RSVP Here Please click on the link to register and receive an invitation to the briefing, which will be Hits: 2
October_2020_Revenue_and_Economic_Update_Announ..pdf 2020-21. 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. RSVP Here Please click on the link to register and receive an invitation to the briefing, which will be Hits: 2
MSC_March_31_2022.pdf prices at major PA hubs. Net of post-production costs, assumed to be $0.80 per mcf based on investor presentations for several regional producers. 4 Does not include natural gas liquids, millions of dollars. PA Oil and Gas Employment Trends Texas (oil and gas) and Wyoming (coal) ▪ What role will Pennsylvania production play moving forward? March 31, 2022 21 Questions Presentation posted on the IFO website http://www.ifo.state.pa.us/ Follow the IFO on Twitter @ind_fisc_office Independent Fiscal Office Hits: 2
mid-year-FY14-15-presentation.pdf 2014‐15 estimate. • Implications for next year. Advance Look at FY 2015‐16 Revenues. 28.Jan.2015 2 Today’s Presentation 28.Jan.2015 3 2014 2015 2016 Notes Real GDP June 2014 1.6% 1.8% n.a. low worker rate of about 1.3%. 28.Jan.2015 26 FY 2015‐16 Revenue Outlook 28.Jan.2015 27 Questions/Discussion Presentation to be Posted at IFO website www.ifo.state.pa.us Author: mryan CreationDate: 2015-02-02 18:43:37 Hits: 2
Kling_Presentation.pdf Congressional Budget Office Presentation for the Independent Fiscal Office, Commonwealth of Pennsylvania November 15, 2018 Jeffrey Kling Associate Director for Economic Analysis Transparency at work, respond to questions, and seek feedback. Other types of outreach include the following:  Consultation with outside experts  Presentations on Capitol Hill and elsewhere about CBO’s analyses and processes  Podcasts  Blog posts Conducting Outreach 21 CBO Hits: 2
Initial_Revenue_Update_May_2023_Final.pdf FY 2021-22 Independent Fiscal Office January 31, 2023 Welcome to IFO Initial Revenue Estimate Presentation should run 30 minutes ▪ Will be posted to IFO website at end ▪ Use chat feature to submit questions \| will address More clarity on other factors ▪ Debt ceiling impasse ▪ Possible Supreme Court ruling on student loan forgiveness May 24, 2023 17 Presentation is Posted to IFO Website Questions? Submit to contact@ifo.state.pa.us Follow us on Twitter (@ind_fisc_office) or sign Hits: 2
Initial_Revenue_Estimate_Presentation_May_2023_Final.pdf FY 2021-22 Independent Fiscal Office January 31, 2023 Welcome to IFO Initial Revenue Estimate Presentation should run 30 minutes ▪ Will be posted to IFO website at end ▪ Use chat feature to submit questions \| will address More clarity on other factors ▪ Debt ceiling impasse ▪ Possible Supreme Court ruling on student loan forgiveness May 24, 2023 17 Presentation is Posted to IFO Website Questions? Submit to contact@ifo.state.pa.us Follow us on Twitter (@ind_fisc_office) or sign Hits: 2
Initial_Revenue_Estimate_Annoucement_May_2020.pdf 2020-21. 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. Date: Tuesday, May 26 Time: 10:00 AM R SVP Here Please register at the link above to receive Hits: 2
Initial_Estimate_May_2017_Presentation.pdf very weak (-5%).  March-April CNIT estimated payments up +13%. Recapitulation 21 02.May.2017 Updated Estimate Mid-June Presentation to be Posted at IFO website www.ifo.state.pa.us Questions/Discussion 22 02.May.2017 Author: Lauren Mondschein Acrobat PDFMaker 15 for PowerPoint ModDate: 2017-05-02 16:59:57 Producer: Adobe PDF Library 15.0 Title: PowerPoint Presentation Hits: 2
Initial_Estimate_Announcement_May_2021.pdf 2021-22. 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. www.ifo.state.pa.us Creator: Canva Producer: Canva CreationDate: 2021-05-18 17:56:44 ModDate: 2021-05- Hits: 2
Impact_Fee_Update_Outlook_2024.pdf prices at major PA hubs. Net of post-production costs, assumed to be $0.80 per mcf based on investor presentations for several regional producers. 3 Does not include natural gas liquids. Millions of dollars. 1 Production data from DEP. Bcf the average spot price is representative of prices received by producers. 3. Post-production cost estimates are informed by investor presentations for several regional producers. 4. See 58 Pa.C.S. § 2302(b) for the statutory adjustments and 46 Pa.B Hits: 2
Impact_Fee_Update_Outlook_2023.pdf prices at major PA hubs. Net of post-production costs, assumed to be $0.80 per mcf based on investor presentations for several regional producers. 3 Does not include natural gas liquids. Millions of dollars. 1 Production data from DEP. Bcf the average spot price is representative of prices received by producers. 3. Post-production cost estimates are informed by investor presentations for several regional producers. 4. See 58 Pa.C.S. § 2302(b) for the statutory adjustments and 46 Pa.B Hits: 2
Impact_Fee_Update_Outlook_2022.pdf prices at major PA hubs. Net of post-production costs, assumed to be $0.80 per mcf based on investor presentations for several regional producers. 3 Does not include natural gas liquids. Millions of dollars. Sources: Pennsylvania Public Utility Commission, Department the average spot price is representative of prices received by producers. 3. Post-production cost estimates are informed by investor presentations for several regional producers. 4. See 58 Pa.C.S. § 2302(b) for the statutory adjustments and 46 Pa.B Hits: 2
IFO_Presentation_HB1379_Sept_2023.pdf HOUSE BILL 1379 HOUSE LOCAL GOVERNMENT COMMITTEE PRESENTATION Cost-of-Living Adjustments (COLAs) for Municipal Police Officers & Firefighters September 7, 2023 1 Plan Overview (2021) Police Plan Profile has a different state/local pension contribution ratio. ▪ This contribution ratio changes annually. Auditor General cannot stop “double dipping.” Questions Presentation posted on the IFO website http://www.ifo.state.pa.us/ Follow the IFO on Twitter @ind_fisc_office Independent Fiscal Office Hits: 2
IFO ppt.pdf two events. January 18, 2012 Independent Fiscal Office Economic & Budget Outlook 2012 Revenue Conference Five–Year Outlook Report • Report and presentations will be posted on website: www.ifo.state.pa.us • Modeling is simple and transparent. – Projections motivated by economics and 15:45:35 Creator: Microsoft® PowerPoint® 2010 ModDate: 2012-01-18 15:45:51 Producer: Microsoft® PowerPoint® 2010 Title: PowerPoint Presentation Hits: 2
IFO Five-Year Outlook.pdf The Economic and Budget Outlook: FY 2012-13 to 2017-18 Independent Fiscal Office Commonwealth of Pennsylvania Today’s Presentation  Report posted to IFO website: www.ifo.state.pa.us.  Demographic Outlook  New projections from Penn State Report available at www.ifo.state.pa.us. The Economic and Budget Outlook Slide 55 15.Nov.2012 Title: PowerPoint Presentation Author: Matthew Knittel CreationDate: 2012-11-16 14:32:14 ModDate: 2012-11-16 14:32:14 Producer: Microsoft® PowerPoint Hits: 2
Five_Year_Outlook_2016_IFO_PPT.pdf Welcome Matthew Knittel \| Director, Independent Fiscal Office  Overview, Demographic and Economic Outlook Don Boyd \| Rockefeller Institute of Government  Presentation on Public Pension Funding Risk Mark Ryan \| Deputy Director, Independent Fiscal Office  Revenues, Expenditures and Fiscal Outlook 11/15 Recent policy changes reduced the short-term deficit, but the long-term imbalance remains. 11/15/2016 38 Title: PowerPoint Presentation Author: Lesley Rompalo CreationDate: 2016-11-22 15:21:25 ModDate: 2016-11-22 15:21:25 Producer: Microsoft® PowerPoint Hits: 2
EPLC_3_4_2022_update.pdf based budgeting \| Tax credit reviews ▪ Special Studies: property tax reform, natural gas, minimum wage March 4, 2022 2 Today’s Presentation: Three Parts State demographics, economy and COVID impacts ▪ A contracting labor force ▪ COVID job losses and partial recovery \| some permanent demographic concerns ▪ Declining birth rates \| Contracting labor force ▪ Rapid growth age 80+ (healthcare costs accelerate) March 4, 2022 30 Questions Presentation posted on the IFO website http://www.ifo.state.pa.us/ Follow the IFO on Twitter @ind_fisc_office Independent Fiscal Office Hits: 2
EPLC-2-19-21.pdf based budgeting \| Tax credit reviews ▪ Special Studies: property tax reform, natural gas, minimum wage February 19, 2021 2 Today’s Presentation: Three Parts State demographics, economy and COVID impacts ▪ A contracting labor force ▪ COVID job losses and partial recovery \| some permanent fiscal recovery ▪ Estimated amounts for PA: $7.3 billion (state) and $5.8 billion (local) February 19, 2021 29 Questions Presentation posted on the IFO website http://www.ifo.state.pa.us/ Follow the IFO on Twitter @ind_fisc_office Independent Fiscal Office Hits: 2
Economic_and_Budget_Outlook_2021_Annoucement_Final.pdf 2025-26. 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. RSVP Here Please click on the link to register and receive an invitation to the briefing, which will be Hits: 2
Boyd PA IFO November 2016.pdf Public Pension Funding Risk: Pennsylvania in the National Context Pennsylvania Independent Fiscal Office Annual Presentation Harrisburg, PA Don Boyd, Director of Fiscal Studies donald.boyd@rockinst.suny.edu November 15, 2016 Main points •Despite large Plans and govts should evaluate risk carefully, with an eye toward reducing risk. 2 Liabilities and normal costs in this presentation are based on BEA/FRB estimates, not actuaries’ estimates. Recent years are discounted at 5%. 3 4 5 6 7 Hits: 2
2024_Mid_Year_Update_Final.pdf Matthew Knittel, Director IFO Mid-Year Update Fiscal Year 2023-24 January 30, 2024 Today’s Presentation Presentation runs ~30 minutes • Posted to IFO website at end • Use chat feature to submit questions • Will attempt to address them Hits: 2
2024_Initial_Revenue_Estimate_Presentation_Final.pdf Matthew Knittel, Director Initial Revenue Estimate Fiscal Year 2024-25 May 20, 2024 Today’s Presentation Presentation runs ~20 minutes • Posted to IFO website at end • Use chat feature to submit questions • Will attempt to address them Hits: 2
2023_Mid_Year_Update.pdf FY 2021-22 Independent Fiscal Office January 31, 2023 IFO Mid-Year Update Presentation should run 25 minutes ▪ Will be posted to IFO website at end ▪ Please use chat feature to submit questions ▪ Will weakness in prices/sales All Other 4,030 132 3.4 Note: Dollars in millions. PIT is personal income tax. Presentation is Posted to IFO Website Questions? Submit to contact@ifo.state.pa.us Follow us on Twitter (@ind_fisc_office) or sign Hits: 2
2023_Impact_Fee_Estimate.pdf to dollars per thousand cubic feet using Pennsylvania-specific heat content. 4. Post-production cost estimates are informed by investor presentations for several regional producers. Data Sources ▪ Statewide production data and spud well counts can be found at https://greenport.pa prices at major PA hubs. Net of post-production costs, assumed to be $0.80 per mcf based on investor presentations for several regional producers. 3 Does not include natural gas liquids. Millions of dollars. 1 Production for CY 2023 is Hits: 2
2022-Impact-Fee-Estimate.pdf to dollars per thousand cubic feet using Pennsylvania- specific heat content. 5. Post-production cost estimates are informed by investor presentations for several regional producers. Data Sources • Statewide production data and spud well counts can be found at https://www.paoiland prices at major PA hubs. Net of post-production costs, assumed to be $0.80 per mcf based on investor presentations for several regional producers. 3 Does not include natural gas liquids. Millions of dollars. 1 Production data from DEP. Bcf Hits: 2
2021_Impact_Fee_Estimate.pdf to dollars per thousand cubic feet using Pennsylvania- specific heat content. 5. Post-production cost estimates are informed by investor presentations for several regional producers. Data Sources • Statewide production data and spud well counts can be found at https://www.paoiland prices at major PA hubs. Net of post-production costs, assumed to be $0.80 per mcf based on investor presentations for several regional producers. Author: Jesse Bushman Creator: Microsoft® Word for Microsoft 365 CreationDate: 2022-01-18 17:41:27 Hits: 2
2020_Impact_Fee_Estimate.pdf feet using Pennsylvania-specific heat content. 4. Post-production cost estimates for wet and dry wells are informed by investor presentations for several regional producers. Data Sources  Statewide production data and spud well counts can be found at https://www prices at major PA hubs. Net of post-production costs, assumed to be $0.80 per mcf based on investor presentations for several regional producers. CreationDate: 2021-01-05 19:32:18 Creator: Microsoft® Word 2016 ModDate: 2021-01-05 19 Hits: 2
2015_Economic_and_Budget_Outlook.pdf Independent Fiscal Office  www.ifo.state.pa.us  (717) 230-8293 Independent Fiscal Office ANNOUNCEMENT Annual Presentation Pennsylvania’s Economic & Budget Outlook: Fiscal Years 2015-16 to 2020-21 Date and Time: Wednesday, December 9, 2015; 2 the Commonwealth’s expenditures and revenues over the next five fiscal years. Guest Presenter: Ray Landis, Advocacy Manager AARP Pennsylvania Presentation on retirement insecurity and the challenges facing Baby Boomers as they retire. Report Distribution: Pennsylvania’s Economic & Budget Outlook: Fiscal Hits: 2
Witgert Nov 15, 2012.pdf Katharine Witgert Program Manager National Academy for State Health Policy Annual Presentation The Economic and Budget Outlook Independent Fiscal Office Commonwealth of Pennsylvania November 15, 2012 Health Care Reform: What it Means Hits: 1
TC_Board_Hearing_Jan_24_2022.pdf Annual Tax Credit Reviews Mixed-Use Development Brewers’ Coal Refuse Energy and Reclamation Educational Presentation to the Performance-Based Budget Board January 24, 2022 Tax Credit Reviews for Year 4 Statute: Did the tax credits Hits: 1
TC_Board_Hearing_Jan_10_2023.pdf Annual Tax Credit Reviews Manufacturing PA Resource Manufacturing Rural Jobs and Investment Waterfront Development Presentation to the Performance-Based Budget Board January 10, 2023 Tax Credit Reviews for Year 5 Statute: Did the tax credits Hits: 1
TC_2023_Waterfront_Development.pdf purpose of the tax credit. It then discusses the application process, administration of the tax credit and concludes with a presentation of program data. Goals and Purpose Act 48 of 2017 requires that all tax credit reviews published by the IFO Hits: 1
TC_2023_Rural_Jobs_Investment.pdf and purpose of the tax credit, discuss the application process and administration of the tax credit, and conclude with a presentation of program data. Goals and Purpose Act 48 of 2017 requires that all tax credit reviews published by the IFO Hits: 1
TC_2023_Manufacturing.pdf of the tax credit. It then discusses the application process and administration of the tax credit and concludes with a presentation of limited program data. Goals and Purpose Act 48 of 2017 requires that all tax credit reviews published by the Hits: 1
TC_2022_Mixed_Use_Development.pdf of the tax credit. It then discusses the application process and administration of the tax credit, and concludes with a presentation of program data. Goals and Purpose Act 48 of 2017 requires that all tax credit reviews published by the IFO Hits: 1
TC_2022_Coal_Refuse_Energy_and_Reclamation.pdf of the tax credit. It then discusses the ap- plication process, administration of the tax credit and concludes with a presentation of program data. Goals and Purpose Act 48 of 2017 requires that all tax credit reviews published by the IFO Hits: 1
TC_2022_Brewers.pdf credit goals and purpose. It then discusses the application process and administration of the tax credit and concludes with a presentation of program data. Goals and Purpose Act 48 of 2017 requires that all tax credit reviews published by the IFO Hits: 1
TC_2021_Video_Game_Production.pdf goals of the tax credit. It then discusses the application process and administration of the tax credit, concluding with a presentation of program data. Goals and Purpose Act 48 of 2017 requires that all tax credit reviews published by the IFO Hits: 1
TC_2021_Resource_Enhancement_and_Protection.pdf purpose of the tax credit. It then discusses the application process and administration of the tax credit, concluding with a presentation of program data. Goals and Purpose Act 48 of 2017 requires that all tax credit reviews published by the IFO Hits: 1
TC_2021_Neighborhood_Assistance_Program.pdf the tax credit. It then discusses the application process and the administration of the tax credit and concludes with a presentation of program data. Goals and Purpose Act 48 of 2017 requires that all tax credit reviews published by the IFO Hits: 1
TC_2020_Research and Development Tax Credit.pdf that is induced by the tax credit award. The dollar match method is used because it simplifies the presentation. 29 The three representative sectors used for the model were: semiconductor and machinery manufacturing; data pro- cessing, hosting and related services and Hits: 1
TC_2020_Organ and Bone Marrow Donation Tax Credit.pdf credit. It then discusses the application process and the administration of the tax credit, and concludes with a presentation of program data. Purpose and Goals Act 48 of 2017 requires that all tax credit reviews published by the IFO shall discuss Hits: 1
TC_2019_New_Jobs_Tax_Credit_Report.pdf Job Creation Tax Credits and Job Growth: Whether, When, and Where?” Chirinko, Robert S. and Daniel J. Wilson, Presentation at the 2011 American Economic Association Meetings (December 2010). “Job Creation Tax Credits, Fiscal Foresight, and Job Growth: Evidence from U.S Hits: 1
TC_2019_Historic_Preservation_Tax_Credit_Report.pdf year. See “Leveraging Federal Economic Development Resources with State Historic Rehab Tax Credits,” Jeffrey Oakman and Marvin Wood, Presentation at the National Tax Association 105 th Annual Conference on Taxation (January 2013). Economic Analysis and Issues \| Page 19 Regional Comparison The Hits: 1
Tax-Foundation-Presentation-11-14-2019.pdf Acrobat PDFMaker 15 for PowerPoint ModDate: 2019-11-14 14:16:38 Producer: Adobe PDF Library 15.0 Title: PowerPoint Presentation Hits: 1
SUT Exemption for Aircraft - January 2013.pdf earliest year used in the analysis. The second time period splits that 12-year interval in half. This presentation facilitates a comparison of long-run and more recent employment trends since certain states have enacted SUT exemptions. The exemptions mainly apply Hits: 1
SR2014-03-presentation.pdf state funding, salary standardization and debt service. Calculation of real estate tax millage. • Implications for taxpayers. 16.Dec.2014 3 Presentation Overview District-wide tax base with uniform tax rates. Focus on district-level administrative consolidation. Two snapshots with FY 2012- Hits: 1
Senate_Appropriations_Committee_Response_Letter_2023.pdf among married mothers with very young children suggest that CDCC benefits may generate long-run earnings gains.” 3 ▪ A recent presentation by the Congressional Budget Office (CBO) notes the following impact on low- income parents from expanded federal subsidies for childcare Hits: 1
Revenue-Proposal-Analysis-2019-03.pdf workers only. They do not include the modest gains for indirectly-affected workers.) It is noted that the presentation in Table 2.6 is an oversimplification because it assumes that all workers under $12.00 per hour would receive exactly $12 Hits: 1
Revenue-Proposal-Analysis-2018-04.pdf fiscal years. The table also 11 Estimated post-production costs are based on a review of an investor presentation for a large Pennsylvania extractor and certain filings with the U.S. Securities and Exchange Commission. 12 West Virginia’s severance tax Hits: 1
Revenue-Estimate-2019-05-Presentation.pdf Exact magnitude of income shifting not known  International issues loom larger than normal May 20, 2019 20 Title: PowerPoint Presentation Author: Matthew Knittel CreationDate: 2019-05-20 20:46:58 ModDate: 2019-05-20 20:46:58 Producer: Microsoft® PowerPoint Hits: 1
Revenue Conference Presentation Jan 2013 FINAL.pdf 2013 Revenue Conference Independent Fiscal Office Commonwealth of Pennsylvania Presentation Overview Economic Outlook o Changes to forecast. o Consumer spending is crucial – primary driver of economic growth. Revenue Forecast o Hits: 1
RB_2022_10_Worker_Shortage.pdf Labor Statistics. 2 Typically, the ratio is depicted as the number of unemployed to job openings but for ease of presentation, the ratio is reversed in this brief. Where Did the Workers Go? (Update) Independent Fiscal Office \| Research Brief \| October 2022 Hits: 1
RB_2022_08_Worker_Shortage.pdf Labor Statistics. 2 Typically, the ratio is depicted as the number of unemployed to job openings but for ease of presentation, the ratio is reversed in this brief. 3 Data are seasonally adjusted. For Pennsylvania, the June 2022 data are preliminary Hits: 1
RB_2022_07_Worker_Shortage.pdf Labor Statistics. 2 Typically, the ratio is depicted as the number of unemployed to job openings but for ease of presentation, the ratio is reversed in this brief. 3 Data are seasonally adjusted. For Pennsylvania, the April 2022 data are preliminary Hits: 1
RB-2020-10-Impact_of_TCJA_on_PA_Taxpayers.pdf The IRS state tax data include nine income groups for taxpayers that reported positive Adjusted Gross Income. To facilitate the presentation of data, this analysis collapses those groups into three income groups. The groups used for the analysis do not imply Hits: 1
RB-2019-01.pdf production costs ($0.80). Prices are from BENTEK Energy. Post-production cost estimates are based on a Range Resources investor presentation from October 3, 2016, adjusted for statewide wet and dry gas production. It should be noted that many producers hedge Hits: 1
Public Employee Retirement Laws of PA Local Governments (2009).pdf dies and an- other beneficiary cannot be named. Death Benefit – A death benefit provides some contin- uation of payment or presentation of benefits to a beneficiary given certain eligibility requirements of the covered individual. If an active member or vestee with Hits: 1
PSBA-Property-Tax-Update-March-2020.pdf 15:26:03 Creator: Microsoft® PowerPoint® 2016 ModDate: 2020-03-13 15:29:08 Producer: Microsoft® PowerPoint® 2016 Title: PowerPoint Presentation Hits: 1
Property-Tax-Update-August-2018.pdf 1 The first document is a memo sent to Representative Cox on December 11, 2017. The second document is a presentation made to the Pennsylvania School Boards Association on January 19, 2017. August 16, 2018 Page 2 Graph 1 displays cumulative Hits: 1
Presentation_Rotary_Club_of_York_7-15-2015.pdf General Fund appropriations under current law, the office has not performed its own analysis of pension funding. • Data in this presentation generally are derived from the comprehensive annual financial reports, actuarial valuations and budget materials published by SERS and PSERS. 7 Hits: 1
Presentation_Harrisburg_Rotary_4-11-2016.pdf General Fund appropriations under current law, the office has not performed its own analysis of pension funding. • Data in this presentation generally are derived from the comprehensive annual financial reports, actuarial valuations and budget materials published by SERS and PSERS. 4 Hits: 1
Presentation_2016-06-08_GPNP_Budget_Outlook.pdf ModDate: 2016-06-09 15:02:53 Producer: Acrobat Distiller 10.1.16 (Windows) Title: Microsoft PowerPoint - 2016 GPNP - IFO Presentation-PRINT Hits: 1
Presentation-2019-01-Mid-Year-Update.pdf reverse.  International slow down.  Some downside risk to FY 2019-20 forecast. January 29, 2019 17 Title: PowerPoint Presentation Author: Lesley Rompalo CreationDate: 2019-01-29 22:03:44 ModDate: 2019-01-29 22:03:44 Producer: Microsoft® PowerPoint Hits: 1
Presentation-2018-11-19-CCAP.pdf Acrobat PDFMaker 15 for PowerPoint ModDate: 2018-11-19 13:09:06 Producer: Adobe PDF Library 15.0 Title: PowerPoint Presentation Hits: 1
Presentation-2018-07-NCSL.pdf Acrobat PDFMaker 15 for PowerPoint ModDate: 2018-07-30 17:28:14 Producer: Adobe PDF Library 15.0 Title: PowerPoint Presentation Hits: 1
Presentation-2018-06-Philly-Pitt-Chambers.pdf in millions. Appropriations includes projected supplementals. Source: FY 2018-19 Executive Budget. Updated amount is an IFO estimate. Title: PowerPoint Presentation Author: Lauren Mondschein CreationDate: 2018-06-04 16:41:42 ModDate: 2018-06-04 16:41:42 Producer: Microsoft® PowerPoint Hits: 1
Presentation-2018-06-PASBO.pdf Acrobat PDFMaker 15 for PowerPoint ModDate: 2018-06-05 18:16:06 Producer: Adobe PDF Library 15.0 Title: PowerPoint Presentation Hits: 1
PICA_Presentation_2020_11.pdf and student loan forbearance  Expiration of extra/special federal UC support: PUA and extended benefits November 18, 2020 9 Presentation is Posted to IFO Website Questions? Submit to contact@ifo.state.pa.us November 18, 2020 10 CreationDate: 2020-11- Hits: 1
PBB_Board_Hearing_Sept_28_2021.pdf PBB Addendums Updated Keystone Special Development Zone Tax Credit Review Presentation to the Performance-Based Budget Board September 28, 2021 PBB Addendum Requests Pennsylvania Department of Transportation ▪ Activity 12 – Administration: Human Hits: 1
PBB_Board_Hearing_Jan_26_2022.pdf PBB Agency Highlights Pennsylvania Department of Education Department of Agriculture Presentation to the Performance-Based Budget Board January 26, 2022 Pennsylvania Department of Education (PDE) January 26, 2022 1 PDE Actual Hits: 1
PBB_Board_Hearing_Jan_25_2022.pdf PBB Agency Highlights PA Department of Aging Department of Human Services Presentation to the Performance-Based Budget Board January 25, 2022 PA Department of Aging (PDA) January 25, 2022 1 PDA Actual Hits: 1
PBB_Board_Hearing_Jan_24_2022.pdf PBB Overview and Agency Highlights Department of Labor & Industry PA Historical and Museum Commission Presentation to the Performance-Based Budget Board January 24, 2022 Performance-Based Budgeting (PBB) Year 4 Agencies ▪ Dept. of Labor & Industry Hits: 1
PBB_Board_Hearing_Jan_11_2023.pdf PBB Agency Highlights Pennsylvania Insurance Department (PID) Executive Offices (EO) Presentation to the Performance-Based Budget Board January 11, 2023 Pennsylvania Insurance Department (PID) January 11, 2023 1 PID Actual Spend Hits: 1
PBB_Board_Hearing_Jan_10_2023.pdf PBB Agency Highlights Department of Revenue (DOR) Presentation to the Performance-Based Budget Board January 10, 2023 Department of Revenue (DOR) January 10, 2023 1 DOR Actual Spend Hits: 1
PBB_Board_Hearing_Jan_09_2023.pdf PBB Overview and Agency Highlights Department of Conservation & Natural Resources (DCNR) Department of Drug and Alcohol Programs (DDAP) Presentation to the Performance-Based Budget Board January 9, 2023 Performance-Based Budgeting (PBB) Year 5 Agencies (final cycle year, schedule Hits: 1
PBB_Board_Hearing_Apr_28_2021.pdf PBB Overview and Agency Highlights Pennsylvania State Police Department of Military & Veterans Affairs Presentation to the Performance-Based Budget Board April 28, 2021 Pennsylvania State Police (PSP) April 28, 2021 1 PSP Actual Spend Hits: 1
PBB_Board_Hearing_Apr_27_2021.pdf PBB Overview and Agency Highlights PennDOT Human Services (Part 2) Presentation to the Performance-Based Budget Board April 27, 2021 Performance-Based Budgeting (PBB) Year 3 Agencies ▪ PennDOT \| Human Services (Part Hits: 1
PBB_Board_Hearing_Apr_26_2021.pdf Tax Credit Reviews Presentation to the Performance-Based Budget Board April 26, 2021 Tax Credit Reviews for Year 3 Theme: improving the lives of Hits: 1
PA_Assoc_of_Community_Bankers_Presentation_2020_12.pdf and student loan forbearance  Expiration of extra/special federal UC support: PUA and extended benefits December 9, 2020 9 Presentation is Posted to IFO Website Questions? Submit to contact@ifo.state.pa.us December 9, 2020 10 CreationDate: 2020-12- Hits: 1
PASBO_March_17_2021.pdf and re-release projection in fall  Good estimate for 2021 wage growth at that time March 17, 2021 Questions Presentation posted on the IFO website http://www.ifo.state.pa.us / Follow the IFO on Twitter @ind_fisc_office Independent Fiscal Office Hits: 1
Official_Revenue_Estimate_Methodology_2024_06.pdf and contracted-for improvements to property transferred by deed, instrument, lease or other writing. The tax is due upon the presentation of the document for recording, or 30 days after the acceptance of the document, whichever comes first. The tax is Hits: 1
Official_Revenue_Estimate_Methodology_2023_06.pdf and contracted-for improvements to property transferred by deed, instrument, lease or other writing. The tax is due upon the presentation of the document for recording, or 30 days after the acceptance of the document, whichever comes first. The tax is Hits: 1
Official_Revenue_Estimate_Methodology_2022.pdf and contracted-for improvements to property transferred by deed, instrument, lease or other writing. The tax is due upon the presentation of the document for recording, or 30 days after the acceptance of the document, whichever comes first. The tax is Hits: 1
Official_Revenue_Estimate_Methodology_2021.pdf and contracted-for improvements to property transferred by deed, instrument, lease or other writing. The tax is due upon the presentation of the document for recording, or 30 days after the acceptance of the document, whichever comes first. The tax is Hits: 1
Official-Revenue-Estimate-Methodology-2020-6.pdf for improvements to property transferred by deed, instrument, lease or other writing. The tax is due upon the presentation of the document for recording, or 30 days after the acceptance of the document, whichever comes first. The tax is remitted to Hits: 1
Official-Revenue-Estimate-Methodology-2019-06.pdf for improvements to property transferred by deed, instrument, lease or other writing. The tax is due upon the presentation of the document for recording, or 30 days after the acceptance of the document, whichever comes first. The tax is remitted to Hits: 1
NGIFE-2018.pdf production costs ($0.80). Prices are from BENTEK Energy. Post-production cost estimates are based on a Range Resources investor presentation from October 3, 2016, adjusted for statewide wet and dry gas production. It should be noted that many producers hedge Hits: 1
NGIFE-2016.pdf production costs ($0.87). Prices are from BENTEK Energy. Post-production cost estimates are based on a Range Resources investor presentation from October 3, 2016, adjusted for statewide wet and dry gas production. It should be noted that many producers hedge Hits: 1
NGIFE-2015.pdf production costs ($0.82). Prices are from BENTEK Energy. Post‐production cost estimates are based on a Range Resources investor presentation from January 6, 2016, adjusted for wet and dry gas production. 4. Total production was obtained by an IFO analysis Hits: 1
NFIB_Presentation.pdf Acrobat PDFMaker 15 for PowerPoint ModDate: 2017-12-13 16:46:06 Producer: Adobe PDF Library 15.0 Title: PowerPoint Presentation Hits: 1
Municipal_Analysts_Presentation.pdf Acrobat PDFMaker 15 for PowerPoint ModDate: 2017-10-24 13:15:10 Producer: Adobe PDF Library 15.0 Title: PowerPoint Presentation Hits: 1
MidYear_PublicBriefing_Jan2018.pdf Harrisburg The Independent Fiscal Office will release a mid-year update for General Fund revenues for FY 2017-18. The presentation will also include a discussion of the impact of federal tax law changes on the state economy and tax revenues Hits: 1
mid-year-FY16-17-press-release.pdf estimate for FY 2016-17 is $716 million lower than the official estimate certified by the governor in July. A presentation discussing the IFO’s economic forecast and the revisions to the revenue estimate is available at www.ifo.state.pa Hits: 1
mid-year-FY14-15-press-release.pdf capital stock and franchise taxes. ------ Subtotal – Decreases -270 ==== Net Revision 250 Revised estimate is $30.207 billion. The IFO’s presentation discussing the economic forecast and the revisions to the revenue estimate is available at www.ifo.state.pa.us. Contact Hits: 1
MER-2015-01.pdf Gas Price Consumer Sentiment 2 http://www.ifo.state.pa.us/download.cfm?file=/resources/PDF /mid-year-FY14-15-presentation.pdf Author: Lauren Mondschein CreationDate: 2015-02-04 19:56:59 ModDate: 2015-02-04 19:56:59 Producer: Microsoft Hits: 1
Impact_Fee_Update_Outlook_2021.pdf feet using Pennsylvania-specific heat content. 4. Post-production cost estimates for wet and dry wells are informed by investor presentations for several regional producers. 5. See 58 Pa.C.S. § 2302(b) for the statutory adjustments and 46 Pa.B Hits: 1
Impact-Fee-Update-Outlook-2020.pdf feet using Pennsylvania-specific heat content. 4. Post-production cost estimates for wet and dry wells are informed by investor presentations for several regional producers. 5. See 58 Pa.C.S. § 2302(b) for the statutory adjustments and 46 Pa.B Hits: 1
Impact-Fee-Update-Outlook-2019-06.pdf feet using Pennsylvania-specific heat content. 5. Post-production cost estimates for wet and dry wells are informed by investor presentations for several regional producers. 6. See 58 Pa.C.S. § 2302(b) for the statutory adjustments and 46 Pa.B Hits: 1
Impact-Fee-Update-2018-Outlook-2018-06.pdf specific heat content. 4. Post-production cost estimates for wet and dry wells are informed by a Range Resources investor presentation. 5. See 58 Pa.C.S. § 2302(b) for the statutory adjustments and 46 Pa.B. 632 for the current Hits: 1
Impact-Fee-Update-2017-Outlook-2017-07.pdf e.g., swaps). 4. Post‐production cost estimates for wet and dry wells are informed by a Range Resources investor presentation from October 3, 2016. 5. See 58 Pa.C.S. § 2302(b) for the statutory adjustments and 46 Pa.B Hits: 1
Impact-Fee-Estimate-2019.pdf production costs ($0.80). Prices are from Bentek Energy. Post-production costs are estimated by the IFO based on investor presentations for several regional producers. Data Sources  Statewide production data and spud well counts can be found at https://www Hits: 1
IFO_Testimony_RGGI_Nov_4_2022.pdf higher auction price could impact demand and generation compared to what was assumed by the latest model. • A May 2021 presentation by DEP computed higher monthly residential electricity bills of $1.17 (no electric heat) to $1.65 (electric heat) for Hits: 1
IFO_PASBO_Presentation_Nov_2021.pdf in April. ▪ Act 1 Index elevated through at least 25-26. Wages revert in CY 2023. November 16, 2021 12 Presentation is Posted to IFO Website Questions? Submit to contact@ifo.state.pa.us November 16, 2021 13 CreationDate: 2021-11- Hits: 1
IFO_Hearing_Packet_Feb2018.pdf production costs ($0.80). Prices are from BENTEK Energy. Post-production cost estimates are based on a Range Resources investor presentation from October 3, 2016, adjusted for statewide wet and dry gas production. It should be noted that many producers hedge Hits: 1
IFO_Analyst_Opening.pdf prepares regular reports on the economy and state revenues; and 4) drafts text and prepares data tables and graphs for presentations and published analyses. Applicants will be assessed based on the following skills or characteristics: • Possession of a bachelor’s degree Hits: 1
HTAE_2019_05_15.pdf First group includes 106,602 filers. Second group includes 103,398 filers. Source: Personal income tax microdata file. Title: PowerPoint Presentation Author: Lesley Rompalo CreationDate: 2019-05-16 15:14:25 ModDate: 2019-05-16 15:14:25 Producer: Microsoft® PowerPoint Hits: 1
GPNP July 10, 2012 final.pdf unemployment rate.  Stronger fundamentals suggest little chance of another recession. 10.Jul.2012 23 2012 GPNP Conference Title: PowerPoint Presentation Author: Matthew Knittel CreationDate: 2012-07-11 12:12:56 ModDate: 2012-07-11 12:12:56 Producer: Microsoft® PowerPoint Hits: 1
FTA_Presentation_Oct_24_2022.pdf like to participate? To go through the process? ▪ Highlight policy design issues, inefficiencies, administrative burden October 24, 2022 11 Questions Presentation posted on the IFO website http://www.ifo.state.pa.us/ Follow the IFO on Twitter @ind_fisc_office Independent Fiscal Office Hits: 1
Five_Year_Outlook_2017_Presentation.pdf Acrobat PDFMaker 15 for PowerPoint ModDate: 2017-11-27 13:01:04 Producer: Adobe PDF Library 15.0 Title: PowerPoint Presentation Hits: 1
Economic_and_Revenue_Update_Presentation_August_2020.pdf 03:54:11 Creator: Microsoft® PowerPoint® 2016 ModDate: 2020-08-21 03:54:24 Producer: Microsoft® PowerPoint® 2016 Title: PowerPoint Presentation Hits: 1
Economic_and_Budget_Outlook_Announcement_2022.pdf economic trends on the outlook will also be discussed. Phillip Swagel, Director CBO Federal Budget and Economic Update Following his presentation, Director Swagel will address questions that have been submitted. (717) 230-8293 contact@ifo.state.pa.us CreationDate: 2022-11- Hits: 1
Congressional_Budget_Office_Nov_15_2022.pdf Presentation to Pennsylvania’s Independent Fiscal Office November 15, 2022 Phillip Swagel Director How CBO Supports the Congress For information about Hits: 1
Budget_Hearing_Background_Feb2016.pdf production costs ($0.82). Prices are from BENTEK Energy. Post‐production cost estimates are based on a Range Resources investor presentation from January 6, 2016, adjusted for wet and dry gas production. 4. Total production was obtained by an IFO analysis Hits: 1
BEFC_Survey_Results_FINAL.pdf an ED concentration higher than 70% (sixth data row, fourth data column) reported 20.7% of total ADM. This presentation is repeated for the four metrics. The data for all districts reveal the following trends across the four SPP groups: ED Hits: 1
Announcement_2021.pdf the next five fiscal years. The impact of demographic and economic trends on the outlook will also be discussed. The presentation will examine various issues that impact the economic and budget outlook: (717) 230-8293 contact@ifo.state.pa.us Fiscal Hits: 1
Announcement-Updated_Revenue_Estimates_and_Report.pdf 2016 IFO to Release Revised Revenue Estimates and Updated Fiscal Outlook The Independent Fiscal Office (IFO) will hold a public presentation to release new revenue estimates and provide an update to its five-year economic and budget outlook. Date and Time Hits: 1
2022_Mid_Year_Update.pdf Mid-Year Update FY 2021-22 Independent Fiscal Office January 31, 2022 Today’s Presentation Revenues significantly outperform estimates ▪ Corporate net income, sales tax, personal income, inheritance Main economic issues ▪ What happened to the labor Hits: 1
2020_Mid_Year_Update.pdf 20:43:40 Creator: Microsoft® PowerPoint® 2016 ModDate: 2020-01-28 20:46:06 Producer: Microsoft® PowerPoint® 2016 Title: PowerPoint Presentation Hits: 1
2007_divestment_complete_report.pdf Available at: kiplinger. com. Fried, Carla. 2006. “How States Are Aiming to Keep Dollars Out of Sudan.” The New York Times (Febru- ary 19). Grossman, Blake R. and William Sharpe. 1986. “Fi- nancial Implications of South African Divest- ment.” Financial Analysts Hits: 1