The IFO presented results from its five-year outlook report published in November 2022.
Tags: budget, economic, presentation
IFO presentation of Performance-Based Budget overview and agency highlights for the Pennsylvania Insurance Department and the Executive Offices is posted on the website.
Tags: budgeting, performance
IFO presentation of the Manufacturing, Pennsylvania Resource Manufacturing, Rural Jobs and Investment, and Waterfront Development Tax Credit Reviews.
IFO presentation of Performance-Based Budget overview and agency highlights for the Department of Revenue is posted on the website.
Tags: budgeting, performance
IFO presentation of Performance-Based Budget overview and agency highlights for the Department of Conservation and Natural Resources and the Department of Drug and Alcohol Programs is posted on the website.
Tags: budgeting, performance
Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the fifth year, the IFO reviewed the Manufacturing, Resource Manufacturing, Rural Jobs and Investment, and Waterfront Development Tax Credits.
Click on the link to access the Waterfront Development Tax Credit Report.
The IFO published a research brief on the decline in Pennsylvania gasoline consumption resulting from recent trends in remote working and higher gasoline prices. Reduced consumption means less funding for road and bridge construction, as gasoline taxes fund 55% of those projects.
Tags: brief, consumption, gasoline, research
Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the fifth year, the IFO reviewed the Manufacturing, Resource Manufacturing, Rural Jobs and Investment, and Waterfront Development Tax Credits.
Click on the link to access the Rural Jobs and Investment Tax Credit Report.
The report was amended on February 17, 2023 to include updates to Table 3.1 on page 14.
Following publication of the RJITC report, the IFO became aware of a data discrepancy contained within a referenced study. As a result, the RJITC report was updated to exclude references to the “Evaluation of Alabama’s Entertainment Industry Incentive Program and New Markets Development Program” on February 23, 2023.
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 fifth year, the IFO reviewed the Department of Conservation and Natural Resources, Department of Drug and Alcohol Programs, Department of Revenue, Pennsylvania Insurance Department and the Executive Offices.
Click on the link to access the performance-based budget review for the Department of Conservation and Natural Resources.
Approved by the PBB Board on January 9, 2023.
Tags: budgeting, performance
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 fifth year, the IFO reviewed the Department of Conservation and Natural Resources, Department of Drug and Alcohol Programs, Department of Revenue, Pennsylvania Insurance Department and the Executive Offices.
Click on the link to access the performance-based budget review for the Department of Drug and Alcohol.
Approved by the PBB Board on January 9, 2023.
Tags: budgeting, performance