The Commonwealth collected $2.33 billion in General Fund revenues for July, an increase of $90.8 million (4.1 percent) compared to July 2018.
This report examines the performance of IFO revenue estimates for the past seven budget cycles.
The July 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.
In response to a legislative request, the IFO has posted a letter that provides data on educational attainment levels by age group for individuals migrating to and from Pennsylvania.
The Commonwealth collected $3.08 billion in General Fund revenues for June, a decrease of $5.3 million (-0.2%) compared to June 2018. Fiscal year revenues were $34.86 billion, an increase of $290.9 million (0.8%) from the prior year.
This report examines impact fee collections for 2018 and provides an outlook for 2019.
This report provides revised revenue estimates for FY 2018-19 and official estimates for FY 2019-20 related to the General Fund, Motor License Fund, Lottery Fund and federal funds subject to appropriation.
The June 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.
Deputy Director Brenda Warburton gave a presentation to the Pennsylvania Institute of Certified Public Accountants regarding an update on Pennsylvania's budget and economic landscape.
The Commonwealth collected $2.62 billion in General Fund revenues for May, an increase of $160.4 million (6.5%) compared to May 2018. Fiscal year-to-date revenues are $31.78 billion, an increase of $296.2 million (0.9%) from the prior year.