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$1.3 Billion Less for 2014-15 Budget According to IFO

On May 1, the Pennsylvania Independent Fiscal Office (IFO) released updated revenue estimates for the remainder of 2013-14 and...

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Pennsylvania Families Come First in Alternative Budget

This week, Rep. DiGirolamo (R-Bucks) unveiled the Roadmap for a Stronger Pennsylvania, a sound alternative to the budget that...

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April Revenues and Corporate Taxes Plummet Below 2012-13 Levels

Something emerged from April’s revenue results that is troubling and has a longer lasting impact on the Commonwealth’s ability...

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Education Is the New Black

A new poll out confirms the public’s support for more education funding and a new education funding formula. The...

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Morning Must Reads: A Few Inconvenient Shale Truths

For a long time, we’ve been making two points about natural gas drilling in the Marcellus Shale. One, Pennsylvania’s...

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Who’s Right About Revenue Growth?

The Independent Fiscal Office (IFO) and Corbett administration are at odds over how much Pennsylvania will collect in taxes...

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Unlike Other States, No Revenue Surpluses in PA

While most states are finally recovering from the worst recession in decades, and seeing revenue surpluses for the first...

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What’s in the Governor’s 2014-15 Budget?

Governor Tom Corbett has proposed a 2014-15 state General Fund budget that would spend $29.4 billion, $927 million, or...

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Small Revenue Shortfall Predicted for 2013-14 But No Need to Panic — Yet

Pennsylvania is staring at a likely revenue shortfall of more than $100 million come June when the current fiscal...

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Education Love Fest Starts, But Is It The Real Thing?

In the weeks leading up to the release of a proposed state budget in February, governors typically schedule photo...

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State Revenue Collections Still on Track, but Revenue Surplus Is Now Gone

Halfway through the state’s fiscal year, General Fund revenues are right on target — exceeding official estimates by a...

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Business Tax Cuts Slow PA Revenue Growth, Creating Future Budget Gaps

The Pennsylvania Independent Fiscal Office (IFO) released its five-year economic and budget outlook on Thursday, and the picture is...

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