Letter providing data on the share of residential and nonresidential property assessments by county (December 2013).
The letter was in response to a request regarding HB 1693, which was a proposed constitutional amendment permitting different millage rates for residential and nonresidential property.
Letter providing an analysis of school property taxes paid by homeowners age 70 and older (October 2013).
The analysis presents a preliminary assessment of data on the cost of a school property tax freeze for those homeowners and a brief discussion of factors that affect the cost of a freeze over the long-term.
This report presents the results from an analysis of House Bill 76 and Senate Bill 76 performed by the Independent Fiscal Office (IFO). The proposed legislation eliminates local school district property taxes and replaces those funds with sales and use and personal income taxes, as well as monies redirected from the Property Tax Relief Fund.
- Presentation to the Senate Finance Committee on 10/15/2013.
- Data for the graphs in section 4 of the report that display the annual and cumulative changes in personal income, sales and school property tax collections.
- Introduction, which contains summary results from the report.
Letter containing projections of the school property taxes paid by Pennsylvania homesteads (September 2013).
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.
Letter containing an estimate of property taxes paid by Lancaster County homeowners aged 70 and over (June 2013).
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.
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.
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.
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.