The August 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 updated select tables and graphs related to school district property tax that were originally released in January and December of 2017.
Director Matthew Knittel gave a presentation to the PA State Association of Boroughs on demographic trends and the PA economy.
The Commonwealth collected $2.2 billion in General Fund revenues for July, an increase of $153 million (7.3%) compared to July 2017.
Deputy Director Mark Ryan gave a presentation on Stress Testing Public Pensions at the NCSL Legislative Fiscal Directors Pre-Conference.
This report provides revenue distributions based on the FY 2018-19 projections contained in the Official Revenue Estimate published by the IFO on June 18, 2018. They reflect the statutory changes that were enacted with the FY 2018-19 state budget.
This report examines the performance of IFO revenue estimates for the past six 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.
The Commonwealth collected $3.1 billion in General Fund revenues for June, a decrease of $180 million (-5.5%) compared to June 2017. Fiscal year-to-date revenues are $34.6 billion, an increase of $2.9 billion (9.2%) from the prior year.
This report examines 2017 impact fee collections and natural gas production in Pennsylvania. It also provides an outlook for 2018.