Releases

IFO Releases
Release thumbnail - August 2016 - 2016-09-01
August 2016
September 01, 2016 | Revenue & Economic Update

The Commonwealth collected $2.02 billion in General Fund revenues for August, an increase of $147.7 million (7.9%) compared to August 2015.

Fiscal year-to-date revenues were $3.99 billion, a decrease of $14.8 million (-0.4%) from the prior year.

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Release thumbnail - Natural Gas Production Report, 2016 Quarter 2 - 2016-08-26
Natural Gas Production Report, 2016 Quarter 2
August 26, 2016 | Energy

This report for the second quarter of 2016 and the calendar year-to-date uses data collected by the PA Department of Environmental Protection to develop statewide and county-level tabulations of production volume and well counts.

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Release thumbnail - Quarterly Revenue Estimates - 2016-08-24
Quarterly Revenue Estimates
August 24, 2016 | Revenue Estimates

This report provides quarterly revenue estimates for the General Fund, Motor License Fund and Lottery Fund. The quarterly estimates are based on: (1) the FY 2016-17 projections contained in the Official Revenue Estimate published by the Independent Fiscal Office on June 15, 2016 and (2) adjustments to reflect the impact of statutory changes that were enacted with the state budget. 

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Release thumbnail - Revenue Estimate Performance - 2016-08-12
Revenue Estimate Performance
August 12, 2016 | Revenue Estimates

Examination of the performance of IFO revenue estimates for the past four budget cycles (August 2016).

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Release thumbnail - July 2016 - 2016-08-01
July 2016
August 01, 2016 | Revenue & Economic Update

The Commonwealth collected $1.97 billion in General Fund revenues for July, a decrease of $162.5 million (-7.6%) compared to July 2015.

See pages 3 and 4 for more detail on the General Fund.

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Release thumbnail - Impact Fee Update and 2016 Outlook - 2016-07-14
Impact Fee Update and 2016 Outlook
July 14, 2016 | Energy

This research brief examines 2015 impact fee collections and natural gas production in Pennsylvania. It also provides an outlook for 2016. 

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Release thumbnail - June 2016 - 2016-07-01
June 2016
July 01, 2016 | Revenue & Economic Update

The Commonwealth collected $3.06 billion in General Fund revenues for June, an increase of $145.2 million (5.0%) compared to June 2015.

Fiscal year-to-date revenues were $30.90 billion, an increase of $309.1 million (1.0%) from the prior year.

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Release thumbnail - FY 2016-17 Official Revenue Estimate - 2016-06-15
FY 2016-17 Official Revenue Estimate
June 15, 2016 | Revenue Estimates

FY 2016-17 official estimate and FY 2015-16 estimate revision (June 2016).

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Release thumbnail - The Commonwealth’s Budget Outlook: FY 2016‐17 and Beyond - 2016-06-08
The Commonwealth’s Budget Outlook: FY 2016‐17 and Beyond
June 08, 2016 | Economics and Other

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.
 

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Release thumbnail - May 2016 - 2016-06-01
May 2016
June 01, 2016 | Revenue & Economic Update

The Commonwealth collected $1.94 billion in General Fund revenues for May, a decrease of $17.3 million (-0.9%) compared to May 2015.

Fiscal year-to-date revenues were $27.84 billion, an increase of $163.8 million (0.6%) from the prior year.

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