Releases

IFO Releases
Release thumbnail - Projections of school property taxes paid by Pennsylvania homesteads - 2013-09-16
Projections of school property taxes paid by Pennsylvania homesteads
September 16, 2013 | Property Tax

Letter containing projections of the school property taxes paid by Pennsylvania homesteads (September 2013). 

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Release thumbnail - Analysis of Michigan Property Tax Reform - 2013-09-16
Analysis of Michigan Property Tax Reform
September 16, 2013 | Property Tax

This report presents the results from an analysis of the Michigan property tax reform known as Proposal A. Enacted in 1994, Proposal A replaced all local property taxes used for school operating purposes with higher sales and use, realty transfer and tobacco taxes. It also created a distinction between homestead and nonhomestead property to facilitate the statewide levy of uniform property taxes on those classes of property. The report makes extensive use of data published by various Michigan executive and legislative agencies to illustrate the impact of property tax reform on tax revenues, millage rates, per pupil funding levels and the property tax base over the past two decades.

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Release thumbnail - Estimate of property taxes paid by Lancaster County homeowners aged 70 and over - 2013-06-24
Estimate of property taxes paid by Lancaster County homeowners aged 70 and over
June 24, 2013 | Property Tax

Letter containing an estimate of property taxes paid by Lancaster County homeowners aged 70 and over (June 2013).

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Release thumbnail - Uncapping the Film Production Tax Credit: A Fiscal and Economic Analysis - 2013-05-31
Uncapping the Film Production Tax Credit: A Fiscal and Economic Analysis
May 31, 2013 | Tax Credit Review

This report presents the results of an analysis performed by the Independent Fiscal Office (IFO) on the fiscal and economic impacts of eliminating the cap on Pennsylvania’s film production tax credit (FPTC). The report also considers stand-alone tax credits for post-production and digital interactive media services.

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Release thumbnail - Pennsylvania Turnpike Toll Revenue Projections: CY 2013 through CY 2024 - 2013-05-28
Pennsylvania Turnpike Toll Revenue Projections: CY 2013 through CY 2024
May 28, 2013 | Economics and Other

Estimates toll revenues collected by the Pennsylvania Turnpike Commission (PTC) through calendar year 2024. The scope of this analysis is limited to forecasting toll revenues; it does not address other revenues remitted to the PTC nor does it address the general fiscal condition of the PTC.

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Release thumbnail - An Analysis of Medicaid Expansion in Pennsylvania - 2013-04-22
An Analysis of Medicaid Expansion in Pennsylvania
April 22, 2013 | Economics and Other

Estimates the fiscal and economic impact of expanding Medicaid (Medical Assistance) under the provisions of the Patient Protection and Affordable Care Act (ACA). The scope of the analysis is limited to the impact of Medicaid expansion; it does not address the costs, savings or economic effects of the ACA generally.

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Release thumbnail - Corporate Tax Base Erosion: Analysis of Policy Options - 2013-03-04
Corporate Tax Base Erosion: Analysis of Policy Options
March 04, 2013 | Economics and Other

Analysis of the policies that states have used to preserve or expand the corporate tax base. The report focuses on two particular base retention or expansion policies: combined reporting and expense addbacks.

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Release thumbnail - Proposed Sales Tax Exemption: Aircraft Sales, Parts and Maintenance and Repair - 2013-01-04
Proposed Sales Tax Exemption: Aircraft Sales, Parts and Maintenance and Repair
January 04, 2013 | Economics and Other

Analysis of a proposed sales and use tax exemption for purchases of fixed-wing aircraft, parts and maintenance, repair and overhaul services.

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