Releases

Director Matthew Knittel provided an economic and revenue update to the Greater Philadelphia Chamber of Commerce. 

This report examines the demographic, economic, revenue and expenditure trends that will affect the Commonwealth’s fiscal condition through fiscal year (FY) 2020-21. Based on the economic and demographic assumptions used by this report, the evaluation finds that various factors imply a long-term fiscal imbalance. (Updated January 2016)

• Presentation

The Commonwealth collected $2.73 billion in General Fund revenues for December, an increase of $14.6 million (0.5%) compared to December 2014.

Fiscal year-to-date revenues were $13.4 billion, an increase of $101.2 million (0.8%) from the prior year.