Releases

IFO Releases
Release thumbnail - COVID-19 Impact on Pennsylvania Deaths - 2021-09-30
COVID-19 Impact on Pennsylvania Deaths
September 30, 2021 | Economics and Other

This research brief uses preliminary data for 2020 and 2021 (through September) to compute excess deaths above pre-COVID historical trends in the Commonwealth for those two years. The analysis finds 20,700 excess deaths in 2020 and projects 6,700 excess deaths for 2021.

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Release thumbnail - Public Pension Status and Outlook - 2021-09-28
Public Pension Status and Outlook
September 28, 2021 | Pension Analysis

The IFO released a research brief that provides a status update and outlook for public pension systems in Pennsylvania. Data for state and local systems show that while the fiscal health of public pension systems has improved in recent years, the overall unfunded liability remains significant.

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Release thumbnail - PBB Addendums and Updated KSDZ Tax Credit Report Presentation - 2021-09-28
PBB Addendums and Updated KSDZ Tax Credit Report Presentation
September 28, 2021 | Performance Budgeting

The IFO presented the PBB Addendums and revised KSDZ Tax Credit report to the Performance Based Budget Board.

Tags: based, budget, credit, performance, tax

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Release thumbnail - 2019 Wage Contracts Summary Table - 2021-09-27
2019 Wage Contracts Summary Table
September 27, 2021 | Wage Contracts

This table provides an up-to-date summary of the recent wage contracts analyzed by the IFO. Additional estimates will be provided after the relevant contract detail has been transmitted to the IFO by the Office of Administration.

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Release thumbnail - UGSOA Wage Contract Analysis - 2021-09-27
UGSOA Wage Contract Analysis
September 27, 2021 | Wage Contracts

This letter provides a fiscal impact analysis of the collective bargaining agreement between the Commonwealth of Pennsylvania and the United Government Security Officers of America (UGSOA).

Tags: contract, wage

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Release thumbnail - Department of Military and Veterans Affairs - 2021-09-24
Department of Military and Veterans Affairs
September 24, 2021 | Performance Budgeting

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to develop performance-based budget plans for all agencies under the Governor’s jurisdiction once every five years. For the third year, the IFO reviewed the Department of Transportation, Department of Human Services (Part 2), Department of Military and Veterans Affairs and Pennsylvania State Police.

Click on the link to access the performance-based budget review for the Department of Military and Veterans Affairs.

Tags: budgeting, performance

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Release thumbnail - Department of Human Services - Part 2 - 2021-09-24
Department of Human Services - Part 2
September 24, 2021 | Performance Budgeting

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to develop performance-based budget plans for all agencies under the Governor’s jurisdiction once every five years. For the third year, the IFO reviewed the Department of Transportation, Department of Human Services (Part 2), Department of Military and Veterans Affairs and Pennsylvania State Police.

Click on the link to access the performance-based budget review for the Department of Human Services (Part 2).

Tags: budgeting, performance

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Release thumbnail - Department of Transportation - 2021-09-24
Department of Transportation
September 24, 2021 | Performance Budgeting

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to develop performance-based budget plans for all agencies under the Governor’s jurisdiction once every five years. For the third year, the IFO reviewed the Department of Transportation, Department of Human Services (Part 2), Department of Military and Veterans Affairs and Pennsylvania State Police.

Click on the link to access the performance-based budget review for the Department of Transportation.

Tags: budgeting, performance

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Release thumbnail - Pennsylvania State Police - 2021-09-24
Pennsylvania State Police
September 24, 2021 | Performance Budgeting

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to develop performance-based budget plans for all agencies under the Governor’s jurisdiction once every five years. For the third year, the IFO reviewed the Department of Transportation, Department of Human Services (Part 2), Department of Military and Veterans Affairs and Pennsylvania State Police.

Click on the link to access the performance-based budget review for the Pennsylvania State Police.

Tags: budgeting, performance

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Release thumbnail - Keystone Special Development Zone Tax Credit - 2021-09-24
Keystone Special Development Zone Tax Credit
September 24, 2021 | Tax Credit Review

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the third year, the IFO reviewed the Neighborhood Assistance Program, Resource Enhancement and Protection Program, Entertainment Economic Enhancement Program, Video Game Production and Keystone Special Development Zone Tax Credits.

Click on the link to access the Keystone Special Development Zone Tax Credit Report.

Tags: credit, tax

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