Releases

Revenue & Economic Update

IFO Releases
Release thumbnail - July 2024 Revenue Update - 2024-08-01
July 2024 Revenue Update
August 01, 2024 | Revenue & Economic Update

The Commonwealth collected $2.99 billion in General Fund revenues for July, an increase of $110 million compared to July 2023.

Tags: estimates, monthly, revenue

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Release thumbnail - June 2024 Revenue Update - 2024-07-01
June 2024 Revenue Update
July 01, 2024 | Revenue & Economic Update

The Commonwealth collected $45.47 billion in General Fund revenues for FY 2023-24, which was within 0.6% ($273 million) of the IFO official revenue estimate.

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Release thumbnail - May 2024 Revenue Update - 2024-06-03
May 2024 Revenue Update
June 03, 2024 | Revenue & Economic Update

The Commonwealth collected $3.36 billion in General Fund revenues for May, an increase of $64 million (+2.0%) compared to May 2023.

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Release thumbnail - April 2024 Revenue Update - 2024-05-01
April 2024 Revenue Update
May 01, 2024 | Revenue & Economic Update

The Commonwealth collected $5.69 billion in General Fund revenues for April, an increase of $30 million (+0.5%) compared to April 2023.

The IFO transmitted a brief revenue update to the chairs of the Senate and House Appropriations Committees.

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Release thumbnail - March 2024 Revenue Update - 2024-04-01
March 2024 Revenue Update
April 01, 2024 | Revenue & Economic Update

The Commonwealth collected $6.28 billion in General Fund revenues for March, an increase $89 million (+1.4%) compared to March 2023.

The IFO transmitted a brief revenue update to the chairs of the Senate and House Appropriations Committees.

 

 

 

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Release thumbnail - February 2024 Revenue Update - 2024-03-01
February 2024 Revenue Update
March 01, 2024 | Revenue & Economic Update

The Commonwealth collected $2.77 billion in General Fund revenues for February, an increase of $31.1 million (1.1%) compared to February 2023 (adjusted).

Tags: estimates, monthly, revenue

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Release thumbnail - January 2024 Revenue Update - 2024-02-01
January 2024 Revenue Update
February 01, 2024 | Revenue & Economic Update

The Commonwealth collected $3.91 billion in General Fund revenues for January, an increase of $342.4 million (9.6%) compared to January 2023.

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Release thumbnail - December 2023 Revenue Update - 2024-01-02
December 2023 Revenue Update
January 02, 2024 | Revenue & Economic Update

The Commonwealth collected $3.70 billion in General Fund revenues for December, a decrease of $342.2 million (-8.5%) compared to December 2022.

Tags: estimates, monthly, revenue

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Release thumbnail - November 2023 Revenue Update - 2023-12-01
November 2023 Revenue Update
December 01, 2023 | Revenue & Economic Update

The Commonwealth collected $3.06 billion in General Fund revenues for November, an increase of $107.9 million (3.7%) compared to November 2022 (adjusted).

Tags: estimates, monthly, revenue

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Release thumbnail - November 2023 Monthly Economic Update - 2023-11-29
November 2023 Monthly Economic Update
November 29, 2023 | Revenue & Economic Update

The Monthly Economic Update provides data and insight on current trends that impact the state economy. 

Tags: economic, monthly, update

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