Releases

Economics and Other

IFO Releases
Release thumbnail - Responsiveness of State Tax Revenues to Economic Growth - 2017-12-26
Responsiveness of State Tax Revenues to Economic Growth
December 26, 2017 | Economics and Other

In response to a legislative request, the IFO compared the growth of state tax revenues to certain economic metrics to ascertain the responsiveness of revenues to economic growth across states.

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Release thumbnail - Pennsylvania Fiscal Update - 2017-12-13
Pennsylvania Fiscal Update
December 13, 2017 | Economics and Other

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. 

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Release thumbnail - A Review of Overtime Paid to Nurses in the Department of Corrections - 2017-12-13
A Review of Overtime Paid to Nurses in the Department of Corrections
December 13, 2017 | Economics and Other

In response to a legislative request, the IFO reviewed overtime paid to nurses employed by the Department of Corrections (DOC).

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Release thumbnail - Pennsylvania Fiscal Outlook Presentation - 2017-10-19
Pennsylvania Fiscal Outlook Presentation
October 19, 2017 | Economics and Other

Director Matthew Knittel addressed the Society of Municipal Analysts to provide an update on Pennsylvania’s fiscal outlook, demographics and current budget status. 

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Release thumbnail - Child Care and Early Education Funding in Pennsylvania - 2017-09-06
Child Care and Early Education Funding in Pennsylvania
September 06, 2017 | Economics and Other

The report provides an overview of the economic impacts of state spending on subsidized child care and no-cost pre-kindergarten programs in Pennsylvania.

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Release thumbnail - IFO State Government Committee Hearing - 2017-08-30
IFO State Government Committee Hearing
August 30, 2017 | Economics and Other

Director Matthew Knittel will testify in front of the House of Representatives’ State Government Committee to provide the committee with information regarding the IFO’s administration of laws under the jurisdiction of the State Government Committee.

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Release thumbnail - Memo to Joint State Government Commission (HR 910 of 2016) - 2017-08-01
Memo to Joint State Government Commission (HR 910 of 2016)
August 01, 2017 | Economics and Other

On June 2, 2017, the Independent Fiscal Office submitted a memo to the Joint State Government Commission containing work product for HR 910 of 2016.  The linked document is a copy of that memo. 

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Release thumbnail - Pennsylvania's Fiscal and Demographic Outlook - 2017-07-14
Pennsylvania's Fiscal and Demographic Outlook
July 14, 2017 | Economics and Other

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. 

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Release thumbnail - Like-Kind Exchange Analysis - 2017-07-10
Like-Kind Exchange Analysis
July 10, 2017 | Economics and Other

The IFO responds to a request regarding the economic benefit and tax revenue impact from eliminating Pennsylvania personal income tax on like-kind exchanges.

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Release thumbnail - Savings and Costs of a $12/hour Minimum Wage on DHS-administered Programs - 2017-06-30
Savings and Costs of a $12/hour Minimum Wage on DHS-administered Programs
June 30, 2017 | Economics and Other

In response to a legislative request, the IFO reviewed the Department of Human Services' projections for the state savings and costs that could occur if Pennsylvania's minimum wage were to be increased to $12 per hour. 

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