As required by statute, the IFO submitted an economic impact report for the Eastern Sectional Synchronized Skating Championship in Dauphin County (January 2025) to the General Assembly. The analysis finds that economic activity related to the event generated $2.6 million in statewide spending and $102,000 in select state and local taxes.
The IFO published a budget brief that uses the latest SNAP benefits data for December 2025. For the second consecutive month, the data show that the number of enrollees declined by 160,000 (-8%) from the prior year as new work requirements took effect.
The IFO will present its mid-year revenue update for the Commonwealth on January 28th at 1:30 PM. The update will include a discussion of recent economic trends, an updated financial statement for FY 2025-26 and an advance look at General Fund revenues for FY 2026-27.
Tags: analysis
The IFO released a new research brief that uses data from the Pennsylvania Department of Education and Philadelphia Office of Property Assessment to compare median homestead school property taxes by county.
The Commonwealth collected $4.97 billion in General Fund revenues for December, an increase of $1.20 billion (+31.7%) compared to December 2024.