The May edition of our monthly newsletter - The IFO News Stand. The new release highlights links to recent articles and reports that provide insight into state or national economic, demographic, budget and tax revenue trends.
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.
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.
In response to a legislative request, the IFO provided data to the Senate Majority Policy Committee for use in their Public Workshop on “Student Flight (Brain Drain) from Pennsylvania” on April 30, 2019. The brief document details historical population data for the Commonwealth, focusing primarily on young adults migrating to and from Pennsylvania.
The April edition of our monthly newsletter - The IFO News Stand. The new release highlights links to recent articles and reports that provide insight into state or national economic, demographic, budget and tax revenue trends.
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.
The March edition of our monthly newsletter - The IFO News Stand. The new release highlights links to recent articles and reports that provide insight into state or national economic, demographic, budget and tax revenue trends.
The Independent Fiscal Office (IFO) responded to questions raised at the office's budget hearing before the Senate Appropriations Committee. A committee member asked for an update to a February 12, 2018 report on the receipts and disbursements of certain special funds and information on how Pennsylvania compares to other states with regard to the use of special funds. Another committee member asked about the proposed ambulatory surgical center assessment for the Department of Human Services (DHS).
In response to a legislative request, the IFO transmitted a letter that modifies or supplements certain computations from the IFO report entitled State and Local Taxes: A Comparison Across States (December 2018). The letter also compares Pennsylvania’s relative debt burden to other states.
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.