Releases

IFO Releases
Release thumbnail - Natural Gas Production Report, 2016 Quarter 1 - 2016-05-26
Natural Gas Production Report, 2016 Quarter 1
May 26, 2016 | Energy

This report for the first quarter of 2016 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 - A Look Forward: Pennsylvania’s Economic and Revenue Outlook - 2016-05-13
A Look Forward: Pennsylvania’s Economic and Revenue Outlook
May 13, 2016 | Economics and Other

Deputy Director Mark Ryan made a presentation to the 2016 Keystone Rail Freight Seminar regarding Pennsylvania's economic and revenue outlook.

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Release thumbnail - Analysis of Executive Order 2016-02 - 2016-05-12
Analysis of Executive Order 2016-02
May 12, 2016 | Economics and Other

Letter responding to a request from Representatives Gingrich and Grove to examine the fiscal implications of Executive Order 2016-02 (May 2016).

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Release thumbnail - The Impact of Demographics on General Fund Revenues and Expenditures - 2016-05-12
The Impact of Demographics on General Fund Revenues and Expenditures
May 12, 2016 | Economics and Other

Deputy Director Mark Ryan made a presentation to the 2016 Pennsylvania Data User Conference regarding the impact of demographics on General Fund revenues and expenditures.

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Release thumbnail - April 2016 - 2016-05-01
April 2016
May 01, 2016 | Revenue & Economic Update

The Commonwealth collected $3.66 billion in General Fund revenues for April, a decrease of $347.9 million (8.7%) compared to April 2015.

Fiscal year-to-date revenues were $25.90 billion, an increase of $181.1 million (0.7%) from the prior year.

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Release thumbnail - The Implications of Economic and Demographic Trends for State and Municipal Tax Policy - 2016-04-24
The Implications of Economic and Demographic Trends for State and Municipal Tax Policy
April 24, 2016 | Economics and Other

Director Matthew Knittel made a presentation at the Urban Economic and Policy Conference sponsored by Drexel University and Econsult Solutions entitled "The Implications of Economic and Demographic Trends for State and Municipal Tax Policy."

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Release thumbnail - Analysis of Revenue Proposals in the 2016-17 Executive Budget - 2016-04-21
Analysis of Revenue Proposals in the 2016-17 Executive Budget
April 21, 2016 | Revenue Estimates

This report provides revenue estimates for the tax proposals contained in the 2016-17 Executive Budget released February 2016. The Independent Fiscal Office (IFO) publishes this report to fulfill its statutory duties as provided under 71 Pa.C.S. § 4104. The act requires that the IFO “provide an analysis, including economic impact, of all tax and revenue proposals submitted by the Governor or the Office of the Budget.” 

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Release thumbnail - Pennsylvania Public Pensions: Background on the Unfunded Liabilities - 2016-04-11
Pennsylvania Public Pensions: Background on the Unfunded Liabilities
April 11, 2016 | Pension Analysis

Deputy Director Mark Ryan made a presentation to the Rotary Club of Harrisburg regarding the unfunded liabilities in Pennsylvania's public pension systems. (4/11/2016)

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Release thumbnail - March 2016 - 2016-04-01
March 2016
April 01, 2016 | Revenue & Economic Update

The Commonwealth collected $4.49 billion in General Fund revenues for March, an increase of $215.1 million (5.0%) compared to March 2015.

Fiscal year-to-date revenues were $22.24 billion, an increase of $529.0 million (2.4%) from the prior year.

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Release thumbnail - Economic Development Incentives - 2016-03-25
Economic Development Incentives
March 25, 2016 | Economics and Other

This research brief compiles data on economic development incentives into a single document to facilitate a tabulation of Commonwealth spending on these incentives. The report displays this information for the two most recently completed fiscal years (FY): 2013-14 and 2014-15.

 

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