This report for the first half of 2015 uses data collected by the PA Department of Environmental Protection to develop statewide and county-level tabulations of production volume and well counts.
The Commonwealth collected $1.87 billion in General Fund revenues for August, an increase of $76.4 million (4.3%) compared to August 2014.
Fiscal year-to-date revenues were $4.0 billion, a decrease of -$34.8 million (-0.9%) from the prior year.
The Commonwealth collected $2.14 billion in General Fund revenues for July, a decrease of $111.1 million (-4.9%) compared to July 2014.
This research brief analyzes calendar year (CY) 2014 impact fee revenues (remitted April 2015) reported by the Pennsylvania Public Utility Commission (PUC) and potential scenarios for CY 2015. The research brief also translates the impact fee into an annual average effective tax rate (ETR) based on natural gas price and production data. The ETR is a metric that quantifies the implicit tax burden imposed by the impact fee in a given year.
Testimony by Director Matthew Knittel regarding changes to the personal income and sales taxes proposed in the Executive Budget. The information was presented at a public hearing conducted by the Senate Finance Committee (June 2015).
Testimony by Director Matthew Knittel regarding a proposed severance tax . The information was presented at a public hearing conducted by the Senate Environmental Resources and Energy and Finance Committees (June 2015).
Letter discussing issues that should be considered when evaluating a potential state-level tax on the transfer of securities (May 2015). The office was asked to discuss the viability of the tax and identify any benefits or detriments associated with it.
Letter discussing the effect of Act 1, which uses an index to limit the ability of school districts to increase real property millage rates (April 2015).
The report examines how Pennsylvania's state and local tax structure compares to other states. It uses data published by the U.S. Census Bureau and the U.S. Bureau of Economic Analysis to make comparisons.
Letter providing estimates for a potential proposal to give homestead owners school property tax rebates equal to the statewide average school property tax paid (March 2015).