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."
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.”
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)
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.
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.
Director Matthew Knittel made a presentation to the House Aging and Older Adult Services Committee, which provided demographic and economic trends for Pennsylvania’s older residents.
Director Matthew Knittel made a presentation on the budgetary implications of an aging populace at a conference sponsored by the Pennsylvania Budget and Policy Center.
The Commonwealth collected $1.85 billion in General Fund revenues for February, an increase of $112.1 million (6.4%) compared to February
2015.
Fiscal year-to-date revenues were $17.75 billion, an increase of $313.9 million (1.8%) from the prior year.
This research brief uses recent data published by the Department of Environmental Protection to project CY 2015 Impact Fee collections in Pennsylvania.
This report for the second half of 2015 and the calendar year-to-date uses data collected by the PA Department of Environmental Protection to develop statewide and county-level tabulations of production volume and well counts.