State and Local Tax Revenues: A 50 State ComparisonThis report uses data from the U.S. Census Bureau, the Internal Revenue Service (IRS), the U.S. Bureau of Economic Analysis and the Federation of Tax Administrators to facilitate a comparison of state and local tax systems across the 50 states. The report examines (1) the relative level of state and local taxes across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property) and (3) state debt levels. Tags: comparison, local, state, tax |
STATE AND LOCAL TAX REVENUES: A 50 STATE COMPARISONThis report uses data from the U.S. Census Bureau, the Internal Revenue Service (IRS), the U.S. Bureau of Economic Analysis and the Federation of Tax Administrators to facilitate a comparison of state and local tax systems across the 50 states. The report examines (1) the relative level of state and local taxes across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property) and (3) state debt levels. Tags: comparison, local, state, tax |
State and Local Tax Revenues: A 50 State ComparisonThis report uses the most recent data from the U.S. Census Bureau, the Internal Revenue Service (IRS), the U.S. Bureau of Economic Analysis and the Federation of Tax Administrators to facilitate a comparison of state and local tax systems across the 50 states. The report examines (1) the relative level of state and local taxes across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property) and (3) state debt levels. Tags: comparison, local, state, tax |
COVID-19 Impact on Local RevenuesIn response to a legislative request, the Independent Fiscal Office examined how the COVID-19 pandemic and mandated business closures could impact local earned income taxes (EIT), property taxes and gaming revenues received by municipalities, counties and school districts for the current year. Tags: local, revenue |
State and Local Taxes: A Comparison Across StatesThis report uses the most recent data from the U.S. Census Bureau, the Internal Revenue Service (IRS), the U.S. Bureau of Economic Analysis and the Federation of Tax Administrators to facilitate a comparison of state and local tax systems across the fifty states. The report examines (1) the relative level of state and local taxes across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property) and (3) state debt levels. Tags: comparison, local, state, tax |
Sports, Marketing & Tourism Series: 2023 Ironman PA Happy Valley TriathlonThe IFO published an economic impact report for the Ironman 70.3 Pennsylvania Happy Valley Triathlon in Centre County (July 2023). The analysis finds that economic activity related to the event generated over $4.7 million in statewide spending, supported 30 full-time equivalent jobs, and $238,000 in select state and local taxes. 04/04/2024 |
SEIU local 668 - UC Referees Wage Contract AnalysisThe Independent Fiscal Office (IFO) has issued a cost analysis of the collective bargaining agreement between the Commonwealth of Pennsylvania and the Service Employees International Union (SEIU) local 668 Unemployment Compensation (UC) Referees. 02/15/2024 |
State and local Tax Revenues: A 50 State ComparisonThis report uses data from the U.S. Census Bureau, the U.S. Bureau of Economic Analysis, CCH AnswerConnect and the Tax Foundation to facilitate a comparison of state and local tax systems across the 50 states. The report examines (1) the level of per capita state and local taxes across states (unadjusted and adjusted for price differentials) and (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property). 02/14/2024 |
SEIU local 668 Wage Contract AnalysisThis letter provides a fiscal impact analysis of the collective bargaining agreement between the Commonwealth of Pennsylvania and the Service Employees' International Union (SEIU) local 668. 09/19/2023 |
House Bill 1379 PresentationFiscal Analyst Mathieu Taylor made a presentation to the House local Government Committee regarding House Bill 1379, P.N. 1539. The bill would provide cost-of-living adjustments for certain retired municipal police officers and firefighters. 09/07/2023 |
State and local Tax Revenues: A 50 State ComparisonThis report uses data from the U.S. Census Bureau, the Internal Revenue Service (IRS), the U.S. Bureau of Economic Analysis and the Federation of Tax Administrators to facilitate a comparison of state and local tax systems across the 50 states. The report examines (1) the relative level of state and local taxes across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property) and (3) state debt levels. 02/21/2023 |
STATE AND local TAX REVENUES: A 50 STATE COMPARISONThis report uses data from the U.S. Census Bureau, the Internal Revenue Service (IRS), the U.S. Bureau of Economic Analysis and the Federation of Tax Administrators to facilitate a comparison of state and local tax systems across the 50 states. The report examines (1) the relative level of state and local taxes across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property) and (3) state debt levels. 01/19/2022 |
Public Pension Status and OutlookThe IFO released a research brief that provides a status update and outlook for public pension systems in Pennsylvania. Data for state and local systems show that while the fiscal health of public pension systems has improved in recent years, the overall unfunded liability remains significant. 09/28/2021 |
School Property Tax, Senior Spending and Tax RevenuesIn response to a legislative request, the IFO transmitted a letter that updates previous analyses on state and local budget issues, including (1) the IFO school district property tax forecast, (2) potential revenue sources that could replace school district property taxes if eliminated, (3) state spending dedicated to seniors, (4) the share of certain tax revenues remitted by seniors, (5) tax treatment of retirement income by state and (6) migration patterns by age groups. 04/23/2021 |
State and local Tax Revenues: A 50 State ComparisonThis report uses the most recent data from the U.S. Census Bureau, the Internal Revenue Service (IRS), the U.S. Bureau of Economic Analysis and the Federation of Tax Administrators to facilitate a comparison of state and local tax systems across the 50 states. The report examines (1) the relative level of state and local taxes across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property) and (3) state debt levels. 11/24/2020 |
COVID-19 Impact on local RevenuesIn response to a legislative request, the Independent Fiscal Office examined how the COVID-19 pandemic and mandated business closures could impact local earned income taxes (EIT), property taxes and gaming revenues received by municipalities, counties and school districts for the current year. 07/16/2020 |
Economic Impact from Regulation of Single-Use PlasticsAs required by Act 20 of 2019, this report examines the economic impact from the regulation of single-use plastics. The report considers three types of regulation that have been enacted by other states and local jurisdictions: a ban, a fee and a ban-plus-fee. The report examines potential outcomes if these regulations were implemented statewide for plastic retail bags. The analysis is also extended to a ban on expanded polystyrene foam foodservice products. 06/30/2020 |
SEIU local 668 UC Referees Unit Wage Contract AnalysisThe Independent Fiscal Office (IFO) has issued a cost analysis of the collective bargaining agreement between the Commonwealth of Pennsylvania and the Service Employees International Union (SEIU) local 668 Unemployment Compensation (UC) Referees. 05/07/2020 |
State and local Taxes: A Comparison Across StatesThis report uses the most recent data from the U.S. Census Bureau, the Internal Revenue Service (IRS), the U.S. Bureau of Economic Analysis and the Federation of Tax Administrators to facilitate a comparison of state and local tax systems across the fifty states. The report examines (1) the relative level of state and local taxes across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property) and (3) state debt levels. 01/29/2020 |
Income and Property Tax Burden for RetireesIn response to a legislative request, the IFO transmitted a letter that modifies or supplements certain computations from the IFO report entitled State and local Taxes: A Comparison Across States (December 2018). The letter also compares Pennsylvania’s relative debt burden to other states. 03/06/2019 |
State and local Taxes: A Comparison Across StatesThis report uses the most recent data from the U.S. Census Bureau and U.S. Bureau of Economic Analysis to facilitate a comparison of state and local tax systems across the fifty states. The report examines (1) the relative state and local tax burden across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property), (3) state tax rates and (4) state debt levels. 12/03/2018 |
State and local Taxes: A Comparison Across StatesThis report uses the most recent data from the U.S. Census Bureau, the Internal Revenue Service (IRS), the U.S. Bureau of Economic Analysis and the Federation of Tax Administrators to facilitate a comparison of state and local tax systems across the fifty states. The report examines (1) the relative state and local tax burden across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property) and (3) state debt levels. 02/01/2018 |
State and local Taxes: A Comparison Across StatesThis report uses data from the U.S. Census Bureau, the Internal Revenue Service (IRS) and the Federation of Tax Administrators to facilitate a comparison of state and local tax systems across the fifty states. The report examines (1) the relative state and local tax burden across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and property) and (3) state debt levels. 05/31/2017 |
Philadelphia Cigarette & Beverage Tax ImpactThe IFO responds to a request regarding the impact of Philadelphia’s local cigarette and beverage taxes on state revenue collections. The letter has been revised to include current footnotes 3 and 6, which provide additional context for the assumptions used by the analysis. (Revised on March 20, 2017) 03/13/2017 |
State and local Taxes: A Comparison Across StatesThe 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. 03/30/2015 |
Analysis of Proposal to Replace School Property Taxes: House Bill 76 and Senate Bill 76This 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. 10/01/2013 |
Analysis of Michigan Property Tax ReformThis 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. 09/16/2013 |
2013_special_report_funding_and_reforming_public_employee_retirement_systems.pdfRelationsOffice of AdministrationCommonwealth of Pennsylvania Representative Mike TobashDistrict 125 Berks and Schuylkill Counties Mr. David F. Werner, CPARetired PrincipalState and Local Tax ServicesParenteBeard LLC Representative R. Ted HarhaiDistrict 58 Fayette and Westmoreland Counties Mr. John J. Egan, Jr.President, J. Egan various plan designs, the reforms adopted in other jurisdictions, and other matters specific to the fragmented nature of Pennsylvania’s local government pension plans. In addition, the Commission issued an open call for interested parties to express their ideas, and conducted Hits: 81 |
2002_drop_report.pdfAuthorization and Guidelines for Implementation of DROPs by Local Governments in Pennsylvania S P E C I A L R E P O R T: DEFERRED RETIREMENT OPTION PLANS L R E P O R T: DEFERRED RETIREMENT OPTION PLANS (DROPs) Authorization and Guidelines for Implementation of DROPs by Local Governments in Pennsylvania Commonwealth of Pennsylvania Public Employee Retirement Commission Harrisburg, Pennsylvania March 2002 PUBLIC EMPLOYEE RETIREMENT COMMISSION Gubernatorial Appointees Hits: 73 |
Public Employee Retirement Laws of PA Local Governments (2009).pdfPublic Employee Retirement Commission Commonwealth of Pennsylvania Public Employee Retirement Laws For Pennsylvania Local Governments Public Employee Retirement Laws For Pennsylvania Local Governments Public Employee Retirement Commission Commonwealth of Pennsylvania Revised: January 2009 This publication is intended to serve as a general Hits: 71 |
PBB_2020_DCED_REPORT.pdfAttraction and Financing ........................................................................ 9 Activity 2: Business and Workforce Assistance .....................................................................15 Activity 3: Site Development ..............................................................................................19 Activity 4: Local Infrastructure ...........................................................................................21 Activity 5: Innovation Economy and Investments .................................................................25 Activity 6: Tourism Attraction and Development ...................................................................29 Activity 7: International Trade and Investment ....................................................................33 Activity 8: Local Government Operational Support................................................................35 Activity 9: Community and Citizen Development ..................................................................37 Activity 10: Tax Credit Administration .................................................................................41 Activity 11: Office of Open Hits: 67 |
PBB_2021_PennDOT_REPORT_ADDENDUM.pdfof Transportation Overview ..................................................................... 3 Activity 1: Highway and Bridge Construction ............................................................. 11 Activity 2: Highway and Bridge Maintenance ............................................................. 15 Activity 3: Local System Construction and Maintenance ............................................. 19 Activity 4: Highway and Safety Operations ............................................................... 23 Activity 5: Driver and Vehicle Services ...................................................................... 27 Activity Bridge Construction..................... Reconstruct and add roads and bridges 2 Highway and Bridge Maintenance..................... Repair and preserve roads and bridges 3 Local System Construction and Maintenance.... Disburse funds and provide outreach and training 4 Highway and Safety Operations........................ Traffic management and safety Hits: 65 |
2004_srpvffinal.pdfof Fire Departments in Pennsylvania Type Number Volunteer . . . . . . . . . . . . . . . . . . . . . . 2,337 Paid/Volunteer ................. 73 Paid . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Total . . . . . . . . . . . . . . . . . . . . . . . . . . 2,433 Source: Pennsylvania Local Fact Sheet, Governor’s Center for Local Government Services, Department of Community and Economic Development, August 2002. Background Discussion (Cont'd) 2 National Volunteer Fire Council Fact Hits: 64 |
2007_divestment_complete_report.pdfSchool Employees’ Retirement System, Potential Impact of Divestment on Employer Contribution Rate – Table IV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 Potential Impact of Divestiture on Local School Districts For FY 2006/2007: Illustration of Impact of Reduction of PSERS’ Investment Earnings Assumption – Table V . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 S issues associated with divestment are profound and fall within the purview of the federal government, not that of state or local governments. • Due to the size and nature of global investment markets, uncoordinated, ad hoc divestment efforts will at best prove Hits: 61 |
TC_2021_Keystone_Special_Development_Zones_Update.pdfat least 35 hours per week and (3) spend at least 90 percent of their time working at the KSDZ location. The annual KSDZ Tax Credit awarded to an applicant is equal to $2,100 for each full-time equivalent em- as a share of qualifying investment in the property. Two SIA sites have been designated as KSDZs. One is located in Bethlehem (441 acres) and the other in Aliquippa (73 acres). Although six firms are located in a KSDZ, only Hits: 51 |
Single-Use Plastics Report-2020_06.pdfMathieu Taylor, Fiscal Analyst II Mr. Taylor joined the IFO in December 2018. Primary responsibilities include state and local pension anal- ysis, retiree healthcare and other post-employment benefits and performance-based budgeting for agencies such as the Department of Community the IFO in June 2016. He is the primary analyst responsible for all reports and analyses related to local property taxes and natural gas. Other responsibilities include forecasting revenues for gross receipts and inheritance taxes and performance-based budgeting for agencies Hits: 45 |
PBB_2023_DCNR_REPORT.pdf1 Department of Conservation and Natural Resources .............................................................................. 3 Activity 1: State Parks ......................................................................................................................... 9 Activity 2: State Forests..................................................................................................................... 13 Activity 3: Local Recreation and Conservation ..................................................................................... 17 Activity 4: Facility Design and Construction ......................................................................................... 23 Activity 5: Administration and Geological Survey ................................................................................. 27 Appendix .......................................................................................................................................... 31 Service 1 State Parks................................................................ Manage and protect Pennsylvania state parks 2 State Forests............................................................ Manage and conserve Pennsylvania state forests 3 Local Recreation and Conservation................ Fund local recreation and conservation projects 4 Facility Design and Construction..................... Design and construct facilities for state Hits: 45 |
PBB_2022_PDE_REPORT_Amended.pdfthe department are classified into ten general activities. Department Resources Activity Primary Service 1 K-12 Education....................................... Administer subsidies to local education agencies 2 Special Education................................... Monitor special education to improve performance 3 Child Development and Early Learning....... Ensure high quality 387 312 274 2,991 General Fund - Federal 6,225 446 982 81 56 111 7,902 Food and Nurtrition-Local -- -- 796 -- -- -- 796 ESEA-Title I-Local 865 -- 9 -- -- 1 875 Individuals w/ Disab. Ed-Local -- 432 -- -- 38 -- 470 COVID Funds Hits: 33 |
TC_2019_Historic_Preservation_Tax_Credit_Report.pdfCover: Historic Preservation Tax Credit project: “The Millworks” located in Harrisburg, Pennsylvania. About the Independent Fiscal Office The Independent Fiscal Office (IFO) provides revenue projections for use in the economic development is not a primary goal. Rather, the credit seeks to revitalize distressed communities, preserve state and local heritage and facilitate longer-term economic development. The tax credit can yield benefits over very long time horizons, so policymakers should also Hits: 32 |
TC_2020_Keystone_Innovation_Zone_Tax_Credit.pdfKIZ Tax Credit generates additional impacts because the program incubates qualified high-tech firms and requires that they locate or cluster around institutions of higher learning. Research finds that clustering of high-tech research and development firms around colleges and universities Recommendations Established in 2004, the Keystone Innovation Zone (KIZ) program provides tax credits for qualified for- profit firms located within a KIZ that have been in operation for less than eight years and produce propri- etary technology within a targeted industry Hits: 31 |
State_Tax_Comparison_2020_11.pdfpa.us INDEPENDENT FISCAL OFFICE November 23, 2020 The Honorable Members of the Pennsylvania General Assembly: State and local taxes are necessary to fund the many services provided by governments such as education, law enforcement, healthcare, the building and maintenance of public roads and highways, and the management of natural resources. State and local governments utilize different taxes, fees, tolls and assessments to generate the funds necessary to provide those services and meet the needs of Hits: 30 |
State and Local Tax Burden Study.pdfIndependent Fiscal Office State and Local Tax Comparison Study October 2012 About the Independent Fiscal Office The Independent Fiscal Office (IFO) provides revenue projections for use Act of Nov. 23, 2010 (P.L.1269, No.120). __________________________________________________________ This page was left blank intentionally. State and Local Tax Comparison Study 2012 Independent Fiscal Office Page 1 Introduction Policymakers often inquire about their state’s tax system relative to other Hits: 30 |
State_Tax_Comparison_2022_01.pdf1 State and Local Tax Revenues A 50 State Comparison JANUARY 2022 Independent Fiscal Office Independent Fiscal Office Rachel Carson State Office Building 400 ifo.state.pa.us INDEPENDENT FISCAL OFFICE January 19, 2022 The Honorable Members of the Pennsylvania General Assembly: State and local taxes are necessary to fund the many services provided by governments such as education, law enforcement, healthcare, the building and Hits: 29 |
State-Tax-Comparison-2020-01.pdf1 State and Local Taxes A Comparison Across States JANUARY 2020 Independent Fiscal Office About the Independent Fiscal Office The Independent Fiscal Office (IFO pa.us INDEPENDENT FISCAL OFFICE January 29, 2020 The Honorable Members of the Pennsylvania General Assembly: State and local taxes are necessary to fund the many services provided by governments such as education, law enforcement, healthcare, the building and maintenance of Hits: 29 |
TC_2021_Entertainment_Economic_Enhancement_Program.pdfconcert management companies that produce concerts with live musical performers and meet specified requirements for con- cert/tour expenditures and location. Depending on the number and location of concerts, the base amount of the tax credit is 25, 30 or 35 percent of the applicant’s total Hits: 28 |
State_Tax_Comparison_2023_02.pdfBureau of Economic Analysis, the Federation of Tax Administrators and the Tax Foundation to facilitate a comparison of state and local tax systems across the 50 states. The report examines (1) the relative state and local tax burden across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and Hits: 26 |
SR2017-03.pdfCensus Bureau, the Internal Revenue Service (IRS) and the Federation of Tax Administrators to facilitate a comparison of state and local tax systems across the fifty states. The report examines (1) the relative state and local tax burden across states, (2) the distribution of state and local taxes across revenue sources (e.g., income, sales and Hits: 26 |
TC_2023_PA_Resource_Manufacturing.pdfnatural gas producers, processing, pipelines/transportation) and downstream (plastic manufacturers, warehouses and distribution facilities) increases the number of indirect jobs located in the state that could result from the PRM Tax Credit. The recommendations of this report are as follows. A tax credit more efficient. The costs to provide the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all Hits: 24 |
State_Tax_Comparison_2024_02.pdfAnalysis, the U.S. Energy Information Administration, CCH AnswerConnect and the Tax Foundation to facilitate a comparison of state and local tax systems across the 50 states. The report examines (1) per capita state and local tax revenues across states and (2) the distribution of state and local taxes across revenue sources (e.g., income, sales Hits: 24 |
PBB_2021_PSP_REPORT_ADDENDUM.pdfgatherings to protect the Commonwealth against foreign and domestic terrorism. ▪ Providing forensic laboratory services to approximately 900 federal, state and local law enforce- ment agencies in 2020, completing over 36,000 cases and reducing backlogs. ▪ Completing firearm background checks for over Blue, Cadet Life Tour and Mentoring Program. ▪ Developing and maintaining training and certification standards for more than 1,000 active local police departments throughout the state. Activity Primary Service Traffic Enforcement and Crash Prevention Enforce traffic laws on Commonwealth roadways Criminal Hits: 24 |
TC_2019_Film_Production_Tax_Credit_Report.pdfmore efficient. The costs to provide the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all tax credits Pennsylvania production expenses in comparison to the total production budget. The use of studio resources. The location and type of any qualified post-production expenses. Applications are approved (or disapproved) on a quarterly basis. Upon approval, DCED will issue Hits: 20 |
PBB_2019_PCCD_Report.pdfImprove the state’s approach to funding and supporting county probation. This proposal would increase state funding for local probation departments to enable them to target more intensive services that have been shown to reduce recidivism for high-risk populations. support services. In FY 2017-18, PCCD awarded over $37.1 million in state funded grants to 356 local governments and non- profit providers. The allocation was as follows: Intermediate punishment (IP) program grants ($17.6 million). State violence Hits: 20 |
Ironman_Triathlon_Impact_Analysis_2024_04.pdf999, depending on the registration package. 1 The group also constructed a “village” at the venue to host national and local vendors. Ironman staff arrived the week before the event to build out the event venue (e.g., athlete areas, athletic areas. The village opened on June 30 and continued through July 2 (race day). The event also sponsored the Ironman Local Partners Program which promotes special offers to athletes and attendees on behalf of local businesses. Due to more than 1 Hits: 20 |
TC_2021_Video_Game_Production.pdfallotment goes to established Pennsylvania firms. For this reason, it is unlikely that the credit has a significant impact on location decisions although it may retain established firms. For small firms, the credit may provide crucial financial support that facilitates tax credit more efficient. The costs to provide the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all Hits: 19 |
Summary_Tax_Credit_Reviews_Oct_2023.pdfthe tax credit more efficient. ▪ The costs to provide the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all of-state (e.g., actor salaries). ▪ Targeted productions are highly mobile, and the tax credit has a significant impact on location decisions. Conclusion The results of the review are unclear; the credit is large enough to attract significant economic activity and Hits: 19 |
Senate Appropriations Response Letter 3-6-2020.pdfThe first zones were designated in April 2018. There are now more than 8,700 zones, 300 of which are located in Pennsylvania. This program is still in the early stages and data on zone investment or projected economic impact are Federal Government -0.1 -1.5 0.5 1.2% State Government 3.0 0.7 0.5 2.6% Local Government 3.3 6.1 6.7 11.5% TOTAL 125.1 109.8 111.3 100.0% Change Payroll Hits: 19 |
RB-2016-02.pdfto engage in activity that they may not otherwise have done. For example, incentives may encourage businesses to create jobs, locate in the state, invest in machinery or other equipment and build more than they would have otherwise. Incentive programs seek state‐funded programs. The report focuses on economic development incentives that are funded by state government, including those in which local government serves an administrative role. The report excludes programs that are solely funded by local or federal governments. The report Hits: 19 |
RB 2019 RACP.pdfcounty. A summary of debt limit changes to the program. A discussion of the potential economic impact to local units. An analysis of the potential fiscal impact from the proposed debt limit reduction. A comparison to similar a grant program administered by the Governor’s Budget Office (GBO). It provides funding for the acquisition and construction of local economic, cultural, civic, recreational and historical improvement projects that cannot be primarily funded by other state programs. The sale of Hits: 19 |
PBB_2022_PHMC_REPORT.pdfLakes as part of Tall Ships Erie, which is held every three years. Historic sites and museums rely heavily on local partnerships to supplement staff and provide support in accordance with PHMC’s mission. Local partners derive revenue that is reinvested in the sites from mem- berships, admissions, fundraising, grants, donations and rental income. These Hits: 19 |
PBB_2023_DDAP_REPORT.pdfor increasing rates of alcohol- and drug-related deaths may indicate the need for services exceeds available resources at the local level. Commonwealth employment related to mental health and substance abuse services declined from 35,300 in 2017 to 31,600 evidence-based programs. Furthermore, the department does not have a complete inventory of drug and alcohol programs used at the local level, which is an important first step in evaluating programs for evidence of effectiveness. (See pages 12 to 13.) Agency Hits: 18 |
index.cfmover $4.7 million in statewide spending, supported 30 full-time equivalent jobs, and $238,000 in select state and local taxes. ... (Full Report) March 2024 Revenue Update Revenue & Economic Update April 01, 2024 The Commonwealth collected $6.28 billion in the collective bargaining agreement between the Commonwealth of Pennsylvania and the Association of Liquor Enforcement Supervisors (ALES). ... (Full Report) SEIU Local 668 - UC Referees Wage Contract Analysis Wage Contracts February 15, 2024 The Independent Fiscal Office (IFO) has issued a cost Hits: 18 |
IFO_Hearing_Packet_Feb2018.pdf2017) Property Tax Elimination Projection (April 2017) Initial Revenue Estimate FY 2017‐18 (May 2017) State and Local Taxes: A Comparison Across States (May 2017) Actuarial Note for Senate Bill 1; A01354 and A01558 (June 2017) Spending Allowed Under House Bill 110 (January 2018) Mid‐Year Update FY 2017‐18 (January 2018) State and Local Taxes: A Comparison Across States (February 2018) ALES Wage Contract Analysis (February 2018) All reports published by the office Hits: 17 |
TC_2020_Mobile Telecommunications Broadband Investment Tax Credit.pdfequipment in areas that already have one or more high-speed broadband options. The IFO could not locate data or research to support or refute that an MTBI credit equal to only 5 percent of the equipment purchased (an estimated communities served. Tax credit recipients should be subject to reporting requirements. Potential metrics could include: the geographic location of new MBTI that uses the tax credit program, the number and type (res- idential or business) of entities affected, the presence Hits: 16 |
PBB_2019_Criminal_Justice_Report.pdfImprove the state’s approach to funding and supporting county probation. This proposal would increase state funding for local probation departments to enable them to target more intensive services that have been shown to reduce recidivism for high-risk populations. with national averages and other states provides com- parative information that can be useful to inform state and local programs and policies. While it is often difficult to draw conclusions from data used to benchmark the programs and practices of different Hits: 16 |
BEFC_Survey_Results_FINAL.pdfcenters. Additionally, in a community with low property values and low average income levels the reducing factor of the Local Effort Capacity Index has negative effect on the distribution of BEF to communities in need. Avon Grove SD Part II-First little over $100,000. The district is very dependent on state revenue as it makes up about 57% and local being 39%. With our district being very poor it is hard to keep raising the taxes to meet shortfalls and to Hits: 16 |
TC_2022_Coal_Refuse_Energy_and_Reclamation.pdfthe U.S. Energy Information Administration show that 11 of the 16 waste coal facilities in operation that year were located in Pennsylvania. Most states receive federal Abandoned Mine Land (AML) grants that fund environmental cleanup projects on lands affected by data from the U.S. Energy Information Administration show that 11 of the 16 waste coal generators in operation were located in Pennsylvania. Other states primarily rely on federal Abandoned Mine Land (AML) grants to fund environmental cleanup projects on Hits: 15 |
RB-2020-COVID-19 Local Revenue Impact.pdfrequest from the General Assembly, this research brief examines how the COVID-19 pandemic and mandated business closures could impact local earned income taxes (EIT), property taxes and gaming revenues received by municipalities, counties and school districts for the current year. The analysis excludes other important local revenue sources (e.g., realty transfer taxes, occupational taxes and various fees) because the Independent Fiscal Office (IFO) lacks relevant Hits: 15 |
IFO_Hearing_Materials_March_2023.pdfFiscal Year-to-Date ............................................................................... 11 Revenues – General Fund Projections ...................................................................... 12 Energy Trends ........................................................................................................ 13 Regional Greenhouse Gas Initiative .......................................................................... 15 State and Local Tax Burden ..................................................................................... 16 Corporate Net Income Tax State Comparison ........................................................... 17 State Pension Outlook ............................................................................................. 18 Economic Development Incentives ........................................................................... 20 Minimum Wage 6 Professional and Technical 364 394 30 8.4 Administration and Waste Manage 302 299 -3 -1.0 Education (excludes local SDs) 229 228 -1 -0.6 Healthcare-Social Assistance 1,066 1,051 -15 -1.4 Arts and Entertainment 85 Hits: 15 |
TC_2020_Research and Development Tax Credit.pdfmore efficient. The costs to provide the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all tax credits year. The online application contains the following sections: Identification of qualified business R&D expenditures by location Description of the project and how it qualifies as R&D Listing of third party/subcontractor labor costs Prior Hits: 14 |
Response_Letter_2021_April.pdfg., realty transfer) and taxes not based on income or consumption (e.g., inheritance). The analysis also did not consider local earned income or sales taxes. Based on these criteria, Table 3 includes the following General Fund taxes: (1) state personal implementation for each of the proposed tax rates. ▪ The additional sales and use tax (SUT) would be imposed at the local level, similar to the existing local SUT in Philadelphia and Allegheny counties. Unlike the state tax, which is imposed at Hits: 14 |
Response-Letter-9-30-2019.pdfproposed tax rates. Your letter indicates that the additional sales and use tax (SUT) would be imposed at the local level, similar to the existing local SUT in Philadelphia and Allegheny counties. Unlike the state tax which is imposed at the point of use, the local Hits: 14 |
PBB_2022_DLI_REPORT.pdfand Economic Development (DCED), which sup- ports workforce training and development through federal Community Service Block Grant and state funds. Local workforce development boards (LWDBs) are part of the public workforce system. These boards over- see a network of state and local providers and programs that support local and regional economic devel- opment and the education and training of Pennsylvania's workforce Hits: 14 |
PBB-Board Hearing Jan 23 2020.pptxprice | $5 million annual cap ▪ Qualified broadband equipment | wireless only ▪ Purpose: to expand availability and enhance quality ▪ No requirement to locate in underserved/unserved areas ▪ No requirement on minimum speeds 24 states have a broadband incentive ▪ But only 3 use tax economic analysis has data and research limitations ▪ Does a 5% credit incentivize investment? | very few relevant studies ▪ Where is investment located? | data not required to be reported ▪ Most economic gains from extension to underserved/unserved areas Modest economic gains | assume 10% Hits: 14 |
IFO_Hearing_Materials_02_2024.pdfand Debt .................................................................................. 17 Demographic Projections ...................................................................................... 18 Demographics – Components of Population Change ............................................... 19 Other Data Natural Gas Trends .............................................................................................. 20 State and Local Taxes Per Capita .......................................................................... 21 Corporate Net Income Tax Comparison ................................................................. 22 State Pension Outlook .......................................................................................... 23 Economic Development Incentives ........................................................................ 24 - This page Gain ($ billions) $3.37 After-Tax Net Income reflects After Tax Net Income Gain ($ billions) $2.96 payroll and state-local income tax Increasing Minimum Wage to $15 per hour Directly Affected Indirectly Affected Note: Data exclude tipped workers. Source: 2022 Hits: 14 |
TC_2021_Resource_Enhancement_and_Protection.pdfmeasure the pollution reduction attributed to the REAP Tax Credit Program for three reasons: (1) factors such as soil, geographic location and proximity to a body of water may improve or reduce the effectiveness of BMPs installed and maintained on the the tax credit more efficient. ▪ The costs to provide the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all Hits: 13 |
IFO_Response_Letter_April_12_2022.pdffor each of the proposed tax rates. The additional sales and use tax (SUT) would be imposed at the local level, similar to the existing local SUT in Philadelphia and Allegheny counties. Unlike the state tax, which is imposed at the point of use, the local Hits: 13 |
Economic_and_Revenue_Update_2021.pdf13 General Fund Education Expenditures .................................................................... 14 School District Property Tax ................................................................................... 15 Impact Fee and Natural Gas Trends ....................................................................... 16 State and Local Tax Burden: Average Tax Rate and Rank ........................................ 17 SERS and PSERS Financial Data ............................................................................. 18 Tax Credit and Economic Development Incentives 8 -5.0 -3.6 Admin and Waste Management -53 -34 -26 -16.8 -10.7 -8.0 Education (excludes local SD) -42 -12 -50 -16.1 -5.9 -19.9 Healthcare-Social Assistance -120 -50 -39 -11.4 -4.7 Hits: 13 |
PBB_2020_PEMA_REPORT.pdffuture disaster impacts and costs. PEMA currently tracks annual funds spent on hazard mitigation (HM), but if more local governments developed HM plans, they could potentially be eligible for additional federal grant funding. 3 Federal grants comprise a large portion of two characteristics make it challenging to develop meaningful out- come metrics without long-term data collection efforts. 3 Local governments are required to have approved HM plans in order to receive federal HM grants. 4 See Senate Resolution 6 Final Report Hits: 12 |
PA_Economy_League_Presentation.pdfAuthorized school boards to reduce or eliminate school property taxes by millage rate reductions. Replacement revenues derived from higher local earned income or business taxes (mercantile or business privilege). Other variations. Some local option proposals have included local personal income taxes or county-level sales taxes. Homestead exclusions could be used instead Hits: 12 |
IFO_Hearing_Packet_Feb2019.pdfTrends .................................................................................... 10 State Domestic Migration Comparison .............................................................................. 11 2018-19 Revenue Update........................................................................................................ 12 2019-20 Revenue Projections ............................................................................................... 13 State Comparison: State-Local Tax Burdens ................................................................... 14 Natural Gas Production and Spot Prices ........................................................................... 15 Natural Gas Spot Prices ............................................................................................................ 16 Natural Gas: U.S. and 2018) Pennsylvania Natural Gas Royalties (March 2018) • Special Reports Increased Spending Allowed Under House Bill 110 (January 2018) State and Local Taxes: A Comparison Across States (February 2018, December 2018) Special Funds Receipts and Disbursements (February 2018) Owner Occupied Housing Units Hits: 12 |
EPLC-2-19-21.pdf8% -5.0% -3.6% Admin and Waste Management -53 -34 -26 -16.8% 10.7% -8.0% Education (excludes local SD) -42 -12 -50 -16.1% -5.9% -19.9% Healthcare-Social Assistance -120 -50 -39 -11.4% -4.7% 10 Number (000s) Change Dec 2019 Dec 2020 Number Percent Education Colleges, Universities and Professional 170 130 -40 -23.4% Local School Districts 282 265 -17 -6.1% State Education (state system, related) 60 52 -8 -13.9% Private Schools (elementary Hits: 12 |
TC_2022_Brewers.pdfthe tax credit more efficient. ▪ The costs to provide the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all quantifiable goals and general purpose of the Brewers’ Tax Credit as follows: Goals ▪ Encourage malt and brewed beverage manufacturers to locate in the state. ▪ Incentivize brewers to expand or upgrade in-state beverage manufacturing operations. Purpose ▪ Generate economic activity and create Hits: 11 |
Tax-Foundation-Presentation-11-14-2019.pdfimprovement in treatment of capital investment High Corporate Net Income Tax (CNIT) rate Regular property assessments not required LOCAL Local earned income tax base differs from state income tax base Localities rely on local gross receipts taxes (GRTs), including Hits: 11 |
Revenue-Proposal-Analysis-2019-03.pdffor Affected Workers .............................................................................................. 25 General Price Impact ..................................................................................................................... 26 Impact on General Fund Revenues ................................................................................................. 28 Impact on State and Local Government Expenditures ...................................................................... 29 Income Mobility of Low-Wage Workers ........................................................................................... 32 Impact on Tipped Workers ............................................................................................................. 34 Moving from a $12 to $15 per 40 percent reduction in the tax rate would likely be sufficient to have a positive impact on firms’ location decisions. Combined Reporting Under mandatory combined reporting, multi-state businesses that form a unitary group are required to file a combined return Hits: 11 |
Five_Year_Outlook_2020.pdffor education ($2.4 bil- lion), health ($829 million), transporta- tion ($416 million) and human services ($327 million). Direct local support reflects funds allocated directly to local governments and includes $1.0 billion in general aid and $1.0 billion in transit agency support in CY 2020 Hits: 11 |
TC_2023_Rural_Jobs_Investment.pdfrural businesses. According to the latest data available, three funds provided $7.3 million in capital to four rural businesses located in Adams, Berks, Luzerne and Mercer counties. According to filed reports, 106 jobs have been created or retained due to the tax credit more efficient. ▪ The costs to provide the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all Hits: 10 |
TC_2021_Neighborhood_Assistance_Program.pdfthe tax credit more efficient. ▪ The costs to provide the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all case-by-case basis once an application is submitted. DCED will not accept modifications to the scope, breadth, budget or location of a project. Section 2: NAP Tax Credit Overview | Page 8 received before the end of the fiscal year in Hits: 10 |
SD_Property_Tax_Forecast_Nov_2021.pdfwas based on a research brief that the IFO released in June 2020 on the impact of COVID-19 on local revenues. See http://www.ifo.state.pa.us/download.cfm?file=Resources/Documents/RB-2020- COVID-19%20Local%20Revenue%20Impact.pdf. Actual 2019- limitation that the exclusion shall not exceed one-half of the median assessed value of all homestead property in a local taxing jurisdiction. The revised language permits the exclusion to be up to 100% of the assessed value of each homestead Hits: 10 |
Revenue-Proposal-Analysis-2020-04.pdfHour Minimum Wage ............................................................... 27 Income Effects for Affected Workers .............................................................................................. 28 General Price Impact ..................................................................................................................... 30 Impact on State and Local Government Expenditures ...................................................................... 32 Impact on Tipped Workers ............................................................................................................. 37 Moving from a $12 to $15 per Hour Minimum Wage ........................................................................ 40 Revenue Estimate Comparison the 40 percent reduction in the tax rate should be sufficient to have a positive impact on firms’ location decisions. Tax and Revenue Proposals | Page 5 Interstate Comparison Table 1.2 provides a comparison of (1) state CNIT rates and (2 Hits: 10 |
SUT Exemption for Aircraft - January 2013.pdfSUT for both commercial and private aircraft. 7 6 Most sales in New York are also subject to local sales tax which may increase the effective tax rate by three to five percentage points depending on location. 7 However, North Carolina applies a reduced tax rate to sales of aircraft. Independent Fiscal Office Page 5 Sales Parts MRO Services Hits: 9 |
SD-Property-Tax-Forecast-2020.pdflimitation that the exclusion shall not exceed one-half of the median assessed value of all homestead property in a local taxing jurisdiction. The revised language permits the exclusion to be up to 100 percent of the assessed value of each behalf of the IFO. 10 The estimates for Philadelphia are based on data from the Philadelphia Department of Revenue regarding locally funded tax relief programs for homestead properties. These programs include the homestead exemption, the Longtime Owner Occupants Program (LOOP) and Hits: 9 |
SD-Property-Tax-Forecast-2019.pdflimitation that the exclusion shall not exceed one-half of the median assessed value of all homestead property in a local taxing jurisdiction. The revised language permits the exclusion to be up to 100 percent of the assessed value of each behalf of the IFO. 10 The estimates for Philadelphia are based on data from the Philadelphia Department of Revenue regarding locally funded tax relief programs for homestead properties. These programs include the homestead exemption, the Table 4: Index and Exceptions Detail Hits: 9 |
RB_2021_01_Economic_Impact_of_Federal_Stimulus.pdfextra $600 per week, compensation for self-employed and gig economy workers) and direct and general support to state and local governments. 2) Lost Wage Assistance (LWA) Program In August 2020, the administration used executive authority to repurpose funds earmarked for to $300) and an increase to 1 This research brief does not consider provisions that provide support to state and local governments, hospitals, colleges, small businesses and non-profits. For those provisions, the IFO estimates the following impacts: $32.2 billion Hits: 9 |
RB-2018-01.pdflimitation that the exclusion shall not exceed one-half of the median assessed value of all homestead property in a local taxing jurisdiction. The revised language permits the exclusion to be up to 100 percent of the assessed value of each behalf of the IFO. 11 The estimates for Philadelphia are based on data from the Philadelphia Department of Revenue regarding locally funded tax relief Table 4: Index and Exceptions Detail Fiscal Year 2018‐19 2019‐20 2020‐21 2021‐22 2022‐ Hits: 9 |
PSBA-Property-Tax-Update-March-2020.pdfMarch 13, 2020 2 Source Amount Percent Property Tax $13,511 44.6% Earned Income $1,592 5.3% Other Local Sources $2,347 7.8% Act 1 Allocations (slots) $533 1.8% State (excludes Act 1) $10,962 36.2% Income 3.5% 3.9% Sales 2.6% 3.9% Property 3.4% 2.7% Act 1 Index State and Local Tax Burden Ratios March 13, 2020 6 PA U.S. Avg Difference Personal Income 2.62% 2.23% +0.39% Hits: 9 |
PBB_2022_AGRICULTURE_REPORT.pdfcounties, more than 800 public and non-profit private schools and residential child care institutions, and more than 2,500 local food banks, pantries, and other non-profit partners who make up the state’s charitable food system. Sub-activities within their lead agencies can leverage increased buying power of regional food banks to secure higher amounts of food. Similarly, smaller, local lead agencies that choose to put their funds on account with the large regional food banks can take advantage of Hits: 9 |
Economic_and_Revenue_Update_2020.pdfImpact of Federal Changes on Tobacco Taxes ................................................................................. 16 Lottery Sales and Net Revenues ............................................................................................................ 17 Gaming Expansion Revenues .................................................................................................................. 18 State and Local Tax Burden Comparison ........................................................................................... 19 Property Tax Data ....................................................................................................................................... 20 Natural Gas Production and Spot Prices ............................................................................................ 21 Natural Gas Price Trends ($/mmbtu Federal Government 0.5 -0.2 2.7 1.6% State Government -0.8 -0.9 0.3 2.6% Local Government 0.4 0.7 0.7 7.5% TOTAL 58.4 64.7 43.6 100.0% Change Payroll Hits: 9 |
DotPlotData.xlsxSources & Methodology SOURCES for Dot Plots (see row 4 in other worksheets) A. PDE Website, School Locale "Urban/Rural" Classification of Schools and Local Education Agencies (LEAs), Urban-Centric and Metro-Centric Locale Codes. https://www.education.pa.gov/DataAndReporting/SchoolLocale/Pages/default.aspx Hits: 9 |
2021-SD-Property-Tax-Forecast.pdflimitation that the exclusion shall not exceed one-half of the median assessed value of all homestead property in a local taxing jurisdiction. The revised language permits the exclusion to be up to 100 percent of the assessed value of each behalf of the IFO. 11 The estimates for Philadelphia are based on data from the Philadelphia Department of Revenue regarding locally-funded tax relief programs for homestead properties. These programs include the homestead exemption, the Longtime Owner Occupants Program (LOOP) and Hits: 9 |
TC_2023_Manufacturing.pdfthe tax credit more efficient. ▪ The costs to provide the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all newly created job must be equal to or greater than the average wage for the county where the job is located and include employer- provided health benefits. 4 The tax credit is available in an amount up to 5% of the Hits: 8 |
Property-Tax-Update-August-2018.pdfhomeowners in their role as consumers. Table 4 uses data from the U.S. Census Bureau to compare state and local tax burdens to the overall U.S. average for all fifty states. The ratios shown reflect total state and local taxes divided by state personal income. Overall, Pennsylvania ranked 19 th for all state and local taxes, 39 th for Hits: 8 |
Presentation_PASBO_Annual_Conference_3-8-2018.pdf2015-16 Source Amount Percent Property Tax (excludes delinquent) $12,615 44.3% Earned Income $1,509 5.3% Other Local Sources $2,185 7.7% Act 1 Allocations (slots) $531 1.9% State (excludes Act 1) $9,944 34.9% by including the Act 1 allocations for homesteads. Results do not include homesteads not currently participating in Act 1 or local homestead programs. Woodwork effect if significant homestead relief enacted. 6 March 8, 2018 Act 1 Index: History And Forecast 0 Hits: 8 |
PBB_2023_EO_REPORT.pdfthe usage of the JNET system. The number of law enforcement officials using JNET grew at state (+1,019; +15%), local (+490, +2%) and federal (+225; +21%) agencies from FY 2017-18 to FY 2021-22. Overall, law enforcement inquiries (42% Growth Agencies 1,737 1,737 1,750 1,750 1,771 2% State 37 37 37 37 38 3 Local 1,656 1,656 1,669 1,669 1,689 2 Federal 44 44 44 44 44 0 Users 28 Hits: 8 |
PBB_2022_DHS_REPORT_ADDENDUM.pdfof those investigations substantiated. The department coordinates the administration of the APS Act with the Pennsylvania Department of Aging (PDA). Local Area Agencies on Aging (AAAs) operate and maintain a statewide hotline to intake reports, while a third-party agency (Liberty Support The Office of Child Development and Early Learning (OCDEL) administers Family Support Programs (FSPs) by providing grants to 91 Local Implementing Agencies (LIAs). FSPs support access to a diverse array of services ranging from informal supports (e.g., family centers Hits: 8 |
Official-Revenue-Estimate-2020-06.pdfIndividual Provisions Federal Support Economic Impact Payments $10.8 State Governments $5.9 State UC Payments 6.0 Local Governments 2.4 Federal UC Payments 14.7 Healthcare Providers 2.1 SNAP Benefits 0.4 Educational Institutions 0.5 Business Provisions amounts will be forgiven. 8 State support reflects funds allocated to states to support various state and local government operations and programs. Of the allocated amounts, $3.9 billion represents general state aid ad- ministered by the U.S. Treasury Hits: 8 |
MSC_March_31_2021.pdfPaycheck Protection Program (PPP) $20.7 $11.2 $0.3 Direct State Support 6.1 4.6 18.2 Direct Local Support 2.6 0.8 9.1 Other Support 4.7 0.8 3.3 Total 34.1 17.5 and Technical -19 -1 -5.3% -0.2% Admin and Waste Management -68 -36 -21.4% -11.9% Education (excludes local SD) -37 -31 -14.4% -12.1% Healthcare-Social Assistance -109 -49 -10.3% -4.6% Arts-Entertainment -56 -30 Hits: 8 |
IFO_Hearing_Materials_Feb_22_2022.pdfRevenues – Fiscal Year to Date ................................................................................ 10 Revenues – General Fund Projections ...................................................................... 11 Impact Fee and Natural Gas Trends ......................................................................... 12 State and Local Tax Burden ..................................................................................... 13 Corporate Net Income Tax State Comparison ........................................................... 14 State Pension Outlook ............................................................................................. 15 Economic Development Incentives ........................................................................... 16 Minimum Wage 9 1.3 120.4 Other Federal Programs Direct State Support 5.9 20.2 0.1 26.1 Direct Local Support 2.6 8.1 0.0 10.7 Other Support 6.8 3.0 0.0 9.8 Total Hits: 8 |
EPLC_3_4_2022_update.pdf9 1.3 120.4 Other Federal Programs Direct State Support 5.9 20.2 0.1 26.1 Direct Local Support 2.6 8.1 0.0 10.7 Other Support 6.8 3.0 0.0 9.8 Total billion) | Level Up ($300 million) ▪ Special Education ($200 million) | Early Childhood Education ($70 million) ▪ Higher Education ($125 million) State and Local Tax Burden Ratios March 4, 2022 23 PA U.S. Avg Difference Personal Income 2.62% 2.22% +0.40% Hits: 8 |
EPLC Feb 2020 FINAL.pdf34%) -- -- -- $7.3 $41.0 iGaming Tax (34%/14%) -- -- -- -- $6.2 Note: Millions of dollars. Sports Wagering and iGaming excludes local share assessments or county grants (13% for iGaming slots). State and Local Tax Burden Ratios February 28, 2020 14 PA U.S. Avg Difference Personal Income 2.62% 2.23% +0.39% Hits: 8 |
CompetePA_March_11_2021.pdf20.7 $11.2 $0.3 Direct State Support 6.1 4.6 18.1 $7.3b General Aid Direct Local Support 2.5 0.8 9.1 $6.1b General Aid Other Support 4.7 0.8 3.5 hospital and Technical -21 -13 -5.8% -3.6% Admin and Waste Management -53 -26 -16.8% -8.0% Education (excludes local SD) -42 -50 -16.1% -19.9% Healthcare-Social Assistance -120 -39 -11.4% -3.6% Arts-Entertainment -58 -27 Hits: 8 |
TC_2023_Waterfront_Development.pdforganizations. Across fiscal years, most WDTC contributions fund urban development and enhanced public access to waterfront areas. Projects located in Delaware and Montgomery counties received about three-quarters of all WDTC contributions. For FY 2021-22, WDTC program tax credit more efficient. The costs to provide the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all Hits: 7 |
Revenue_Estimate_2021_05.pdf5 billion), a wide range of health and human services programs ($3.4 billion) and transportation ($1.4 billion). ▪ Direct local support reflects funds allocated directly to local governments and includes $1.0 billion in general aid and $1.0 billion in transit agency support in CY 2020 Hits: 7 |
Revenue-Update-2020-04.pdfForgivable Small Business Loans $12.5 $12.5 Federal Grants to State Government $4.6 $4.6 Federal Grants to Local Government $3.4 $3.4 Total $49.8 $52.8 Table 4 Federal and State Stimulus Notes: Billions of dollars education, public health initiatives, food and nutrition access, small urbanized and rural transit agencies and other various activities. 3 Local government support reflects up to 45 percent of funds allocated to states ($2.2 billion) for eligible large local governments Hits: 7 |
Revenue-Proposal-Analysis-2018-04.pdf20 percent reduction in the tax rate could be sufficient to have a modest positive impact on firms’ location decisions. Combined Reporting The estimate references an IFO report (2013) which used research from states that have implemented combined reporting during the The metric is best used to examine how changes in price, volume, new wells and, in some cases, local drilling and completion costs, affect the average tax burden within a state over time. 2. Uncertainty of Market Value Estimates A limitation Hits: 7 |
Revenue-Estimate-2020-05.pdfIndividual Provisions Federal Support Economic Impact Payments $10.8 State Governments $5.8 State UC Payments 6.2 Local Governments 2.4 Federal UC Payments 13.9 Healthcare Providers 1.9 SNAP Benefits 0.3 Educational Institutions 0.5 Business Provisions recipient. Economic Outlook | Page 6 State support reflects funds allocated to states to support various state and local government operations and programs. Of the allocated amounts, $3.9 billion represents general state aid ad- ministered by the U.S. Treasury Hits: 7 |
RB_2021_09_Pension_Outlook.pdfYork. Pennsylvania also has a lower funded ratio (58%) than all states listed except New Jersey (40%) and Illinois (39%). Local Pension Systems Pursuant to Act 205 of 1984 and Act 44 of 2009, the Pennsylvania Auditor General biennially compiles data 2,933 71.3 -- 3,803 Note: Per capita column equal to unfunded actuarial liability divided by state population. Excludes local pension systems. Source: The State Pension Funding Gap: 2019 and 2014, Pew Charitable Trusts. Table 3: State Pension Funding Comparisons Hits: 7 |
Presentation-2019-3-1-EPLC.pdfEconomics: modest 2018 gains from TCJA, strong labor market Revenues and Expenditures: one-time measures dominate State and Local Revenues: property tax, impact fee March 1, 2019 2 Budget Outlook Highlights Revenues: exceeding estimate for FY 2018-19. Sales 81% 2.19% 0.61% Total Taxes 10.37% 10.44% -0.07% Note: Percentis the ratio of the state-local revenue to modified state personal income. Figures for U.S. represent a weighted average across all states. Excludes any severance Hits: 7 |
Presentation-2018-08-PA-State-Association-Boroughs.pdfThe big picture: state demographic trends. Historical trends. Projections through 2025. Disclaimer: trends may not translate to all local units. Aging’s impact on the state economy. Economic growth. Job Creation. Spending patterns. Service sector jobs. Slower growth. Housing pressures. Transition to local unit trends. Earned income tax and property tax. Focus on wage growth. August.08.2018 2 Good Morning Hits: 7 |
PMTA_Presentation_April_2023.pdf13 Computer System Design and Related +8 Truck Transportation +3 Nursing Home and Residential Care -27 Full-Service Restaurants -19 Local Gov’t: Municipals -11 Colleges and Universities -9 All Other -2 Total Payroll Jobs 0 Source: U.S. Bureau of Labor Statistics. Change Payroll Jobs (000s) excludes self-employed counts # jobs location of job youth, family, elderly, food banks, housing assistance fast food +4,400 persistent loss Three Inflation Waves So Far Hits: 7 |
PBB_Board_Hearing_Apr_27_2021.pdfSmall Urban Public Transit 17 0.1% 293 3.8% Commercial and Other Multimodal 16 0.1% 248 3.2% Local System Construction and Maintenance 12 0.1% 824 10.8% Large Urban Public Transit 3 0.0% 1,407 18 and Technology Initiatives. PennDOT MLF Appropriations (FY 2020-21) April 27, 2021 6 Appropriations Highway & Bridge Maint. Highway & Bridge Constr. Local System Constr. & Maint. Driver & Vehicle Services Admin. Other Total Highway Maintenance $831 -- -- -- -- $9 $841 Local Road Maint. & Constr. Payments -- -- $240 Hits: 7 |
PBB_2020_DOH_REPORT_Final_Update.pdfCare centers in 59 counties, (2) grant funds to address the health care needs in communities served by local health departments, school districts and medically underserved populations, (3) a high quality, efficient and compliant medical marijuana program to residents with serious 19-20 School District Health Services $20.0 $43.3 $31.9 $40.1 $32.6 $35.6 Local Health Departments $25.2 $25.4 $25.4 $25.4 $38.1 $25.4 State Health Care Centers $18.0 $20.8 Hits: 7 |
PBB_2019_JCJC_Report.pdfyear the expenditure was recorded. Agency Overview and Recommendations | Page 5 effectiveness of county programs as well as local funding needs. Reporting the comparative county data can drive performance improvements and expand the use of evidence-based policies statewide. It would benchmark their funding and outcome levels with similar counties. It would also increase transparency and accountability at the local level relating to funding levels and results achieved. The publication of county program statistics over time would recognize counties that employ innovative Hits: 7 |
PBB_2019_DGS_Report.pdfoperations of all agencies of the Commonwealth of Pennsylvania. Certain services are also provided to state-affiliated entities, local governments and some non-profits. Services include: Procurement of necessary equipment, supplies and services for Commonwealth agencies. DGS also operates COSTARS, a cooperative purchasing program through which local governments and state- affiliated entities can utilize DGS-established and administered contracts. Communication services including print, design and mail services for Hits: 7 |
Official_Revenue_Estimate_Methodology_2023_06.pdfIncome does not reflect mandatory taxes that must be remitted on income and property. Those taxes include federal, state and local income taxes; state and local property taxes; motor license fees and em- ployee payroll taxes. Historical and projected taxes are listed at the bottom of Hits: 7 |
Official_Revenue_Estimate_Methodology_2022.pdfIncome does not reflect mandatory taxes that must be remitted on income and property. Those taxes include federal, state and local income taxes; state and local property taxes; motor license fees and em- ployee payroll taxes. Historical and projected taxes are listed at the bottom of Hits: 7 |
Official_Revenue_Estimate_Methodology_2021.pdfIncome does not reflect mandatory taxes that must be remitted on income and property. Those taxes include federal, state and local income taxes; state and local property taxes; motor license fees and em- ployee payroll taxes. Historical and projected taxes are listed at the bottom of Hits: 7 |
Official-Revenue-Estimate-Methodology-2020-6.pdfnot reflect mandatory taxes that must be remitted on income and property. Those taxes include federal, state and local income taxes; state and local property taxes; motor license fees and em- ployee payroll taxes. Historical and projected taxes are listed at the bottom of Table 1 Hits: 7 |
Official-Revenue-Estimate-Methodology-2019-06.pdfnot reflect mandatory taxes that must be remitted on income and property. Those taxes include federal, state and local income taxes; state and local property taxes; motor license fees and em- ployee payroll taxes. Historical and projected taxes are listed at the bottom of Table 1 Hits: 7 |
June_Revenue_Estimate_2021.pdffunds for education ($7.5 billion), and a wide range of health and human services programs ($3.5 billion). ▪ Direct local support reflects funds allocated directly to local governments and includes $1.0 billion in general aid and $1.0 billion in transit agency support in CY 2020 Hits: 7 |
IFO_Response_Letter_Jan_20_2023.pdffor both fuels. • Expand the sales and use tax (SUT) to purchases of gasoline, diesel and electric vehicle fueling stations located at non-residential locations, with all new revenue dedicated to the MLF. Note that it is assumed that SUT is already collected on sales Hits: 7 |
TC_2022_Educational_Tax_Credits.pdfthe tax credit more efficient. ▪ The costs to provide the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all award cannot exceed the amount of tuition charged by the school for non-scholarship students and the school must be located within Pennsylvania. Approved educational improvement organizations must also be a qualified 501(c)(3) non-profit entity, and grant a Hits: 6 |
Response-Letter-2-27-2020.pdfThis letter responds to your request for an analysis of child welfare program funding in Pennsylvania from federal, state and local sources. Specifically, your letter requests a fiscal analysis of the federal Family First Prevention Services Act (Family First). Family First through the Act 148 invoices in Pennsylvania totaled $1,828.3 million and was funded by a combination of state, local and federal funding streams as shown in the following table. February 27, 2020 Page 2 There are several sources of Hits: 6 |
PICPA_Presentation.pdfminimal profits growth. Budget Proposals and Tax Burden Rankings. Deficit projections remain high (~$2.5 - $3.0 billion). PA state-local tax burden similar to U.S. average. Factors That Affect Revenue Shortfall Taxable consumer spending is weak. Base sales Healthcare-Social 14.3 11.2 23.7 29.4 Leisure-Hospitality 5.1 7.5 13.1 11.2 Local Government -7.3 -6.8 -0.9 0.3 State-Federal Government -2.0 0.3 0.9 -1.5 Hits: 6 |
PBB_Board_Hearing_Jan_09_2023.pdffunds for county programs ▪ Decentralized, outdated IT systems report required measures only ▪ Need dedicated resources and standardized measures at the local level January 9, 2023 2 Common Themes (Continued) Monitor impact of new funding on agency goals and outcomes ▪ DCNR – state Activities Amount Share Number Share State Parks $135.2 39% 1,292 60% State Forests 119.1 34 712 33 Local Rec. & Conservation 48.3 14 35 2 Admin. & Geological Survey 32.2 9 76 4 Fac. Design & Construction 16.1 Hits: 6 |
PBB_2022_AGING_REPORT_Addendum.pdfunique visitors by quarter. Includes Aging Block Grant dollars AAAs indicated were for community senior centers. Excludes any expenditures from local funding. 6 Data from PA Department of Health (DOH), Nursing Home Reports and U.S. Census Bureau Population Estimates, Vintage Block Grant expenditures reported by AAAs divided by total meals served. It is unknown if AAAs supplement these expenditures with local resources. Meals Served by Area Agencies on Aging (AAAs) (Average for FY 18-19 to FY 20-21) Source: PDA Hits: 6 |
PBB_2020_DHS_REPORT_Final_Updated.pdfOutcome # Providers (legal entities) 83,308 85,551 92,024 86,903 104,345 109,560 # Providers (service locations) 186,962 207,571 242,471 208,980 298,052 339,845 % Applications submitted electronically -- -- 59.1% 65.3% 87.2% 90 Participation in certain employment or training programs can satisfy these requirements. The Office of Income Maintenance (OIM) funds local workforce agencies that provide support to working age adults (TANF and SNAP recipients) looking for permanent employment. This occurs through grants or Hits: 6 |
NCSL_PA_IFO_11_15_21.pdfSTATE LEGISLATURES American Rescue Plan Act Funding 4 NATIONAL CONFERENCE OF STATE LEGISLATURES Flexible Spending for States Coronavirus State and Local Fiscal Recovery Funds 5 ○ $350 billion to state and locals • 195.3 billion to states and the District of Columbia • $130.2 billion to local governments ○ Formula disbursement ○ Funds must Hits: 6 |
IFO_Presentation_HB1379_Sept_2023.pdfHOUSE BILL 1379 HOUSE LOCAL GOVERNMENT COMMITTEE PRESENTATION Cost-of-Living Adjustments (COLAs) for Municipal Police Officers & Firefighters September 7, 2023 1 Plan Overview (2021 dipping” from multiple systems. September 7, 2023 3 For Municipalities ▪ Reimburse municipalities for a portion of additional expenses. • Based on local share of total municipal pension contributions. ▪ Funding for reimbursement comes from general municipal pension aid, which will reduce funds available Hits: 6 |
Five_Year_Outlook_2022.pdf2.3 LFPR by Age Group for PA and U.S. (2018 - 2022) Source: U.S. Bureau of Labor Statistics. Local Area Unemployment Statistics. Pennsylvania age 65-74 and 75+ data estimated by IFO. 2022 data are estimated by IFO using jobs. Most job losses occurred in the nursing facility and residential care subsector (-26,500). ▪ The all government sector (state, local and federal) contracted by 28,200 payroll jobs (-3.9%). Most job losses are due to the state government-education Hits: 6 |
Five_Year_Outlook_2021.pdfgrammatic needs. General aid accounted for $3.9 billion in CY 2020 and $7.3 billion in CY 2021. Direct local support reflects similar funding provided to local governments and includes $1.0 billion in general aid in CY 2020 and $6.2 billion in CY 2021. Other Hits: 6 |
TC_2022_Mixed_Use_Development.pdfthe tax credit more efficient. ▪ The costs to provide the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all credit among the applicants. In the event of a tie, PHFA will take into consideration the entity type and geographic location of the applicants when making distributions to encourage diverse participation in the program. Tax credits are typically awarded within 90 Hits: 5 |
TC_2019_New_Jobs_Tax_Credit_Report.pdfmore efficient. The costs to provide the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all tax credits four had a negative bias and seven used an unbiased methodology. For those seven studies, the share of location expansion / job creation incentivized by the economic development incentive was 3.4 percent (median result) and 6.7 percent (average result). The Hits: 5 |
Revenue_Proposal_Analysis_2024_03.pdfrecreational use marijuana should have minimal impact on the medical market, but it is unclear how other factors (e.g., location of retail outlets) could ultimately impact sales. Various studies and articles have been published on the impact of legalized recreational per hour to $15 per hour, an increase of 43% for the lowest paid workers. Second, this analysis disregards geographic location and employer size. Em- ployers in urban areas such as Philadelphia and Pittsburgh are more likely to already pay a Hits: 5 |
PSBA Presentation - Final.pdfProvide some context on property taxes. School district reliance on property tax. Compare PA and US average state-local tax structures. Next: Consider our last analysis: SB 76 of 2013. Conclude: Consider current proposal and forecasts. 1/19/2017 1/19/2017 3 Source Amount Percent Property Tax $12,285 44.5% Earned Income $1,476 5.4% Other Local Sources $2,126 7.7% Act 1 Allocations (slots) $530 1.9% State (exclude Act 1) $9,492 34.4% Hits: 5 |
platt ppt.pdfService Other Services Utilities Farm Ag. Services Railroads Mining Military Arts, Entertainment, & Rec. Federal Civilian Govt Educational Services State and Local Govt Health care Dollar Changes in PA Wages 2008Q2-2009Q3 (in millions of $) -5,000 0 5,000 10,000 15,00020,000 Total Information Railroads Military Ag. Services Farm Real Estate, Rental & Leasing Federal Civilian Govt State and Local Govt Nondurable Manufacturing Utilities Finance & Insurance Retail Trade Construction Arts, Entertainment, & Rec. Other Services Accomodations & Food… Transportation &… Educational Services Mining Hits: 5 |
Pitt_Chamber_Presentation.pdfbears the true burden of the tax) Independent Fiscal Office: state effective tax rate (see table) Total state and local taxes / modified state personal income Could also compute on a per capita basis Cannot control for tax exporting not been verified by the IFO. Source: Tax Foundation, "2018 State Business Tax Climate Index" (October 2017). 6 State and Local Tax Rankings and Effective Tax Rates (IFO) Total Taxes Corporate Net Personal Income Sales-Use Property Tax Motor Tax All Hits: 5 |
PBB_Board_Hearing_Apr_26_2021.pdfCredits awarded for previously completed projects are ineffective Pollution reduction difficult to measure ▪ Other factors (e.g., soil composition and location) impact effectiveness ▪ No cost-effective way to measure pollution from nonpoint sources ▪ Impact not easily separated from grants awarded for the program level ▪ Award credits based on objective data for maximum impact ▪ Identify most cost-effective BMP for farming operation/location ▪ IFO identified the EPA-funded CAST model as a potential tool Convert tax credit to a competitive grant ▪ Target operations Hits: 5 |
Five_Year_Outlook_2023.pdf26.5 6.0 Admin and Waste Management 75.7 16.2 8.1 25.6 5.8 Education (excludes local SD) 71.2 18.9 9.9 17.8 4.1 Healthcare-Social Assistance 73.6 18.8 7.6 uses the latest American Federation of State, County and Municipal Employees (AFSCME) Council 13 and Service Employees International Union (SEIU) Local 668 collective bargaining agreements (CBAs) to forecast the inflation-adjustment and step increases. 9 From FY 2024-25 to FY Hits: 5 |
Budget_Hearing_Background_Feb2016.pdfAnalyses (since January 1, 2015) Pennsylvania Gaming Trends (February 2015) Impact Fee Update (February 2015) State and Local Taxes: A Comparison Across States (March 2015) Analysis of Revenue Proposals in the Executive Budget (April 2015) Preliminary in 2015 (annual average); the Pittsburgh CPI‐U increased by 0.7%. All sectors recorded employment expansion in 2015, except local government (generally school districts). Annual Growth Rate 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Real Gross Hits: 5 |
ACN_SB1071_A10803_text.pdfpurposes of working full time for or serving full time as an officer of a Statewide employee organization or a local collective bargaining representative under the act of July 23, 1970 (P.L.563, No.195), known as the Public Employe leave to allow such member to execute the duties of the board, including but not limited to, attendance at the location of all regular and special board and committee meetings. The members of the board who are not members of either Hits: 5 |
2006_surviving_spouse_healthcare_study.pdfPlans Available The 2006 benefit plans available under the REHP vary based upon the member's date of retirement and location of residence within the Commonwealth. Retirees who reside outside the Commonwealth generally have access to an approved out-of-state 1343 &1344; Newport Tp. v. Margalis, 110 Pa. Cmwlth. Ct. 611, 532 A.2d 1263 (1987); Wilkes-Barre v. Firefighters Local 104, 142 Pa. Cmwlth. Ct. 168, 596 A.2d 1271 (1991), affirmed 623 A.2d 814 (Pa., 1993); City of Hits: 5 |
Select Committee Oct 1 2012 FINAL.pdfeconomic analysis. 1.Oct.2012 Analysis of HB 1776 and SB 1400 of 2012 – Slide 2 The Proposal Eliminates local school property tax. Property taxes to service debt existing as of Dec. 31, 2011 retained and phased-out. roughly 0.4 to 0.9 percent of business receipts. one-third of total taxes to state and local govt’s. Potential for significant reduction in tax. Firms with much real property gain. 1. Large manufacturers. 2 Hits: 4 |
SD_Prop_Tax_Update_Jun_2023.pdfbottom five counties based on SD property tax revenue per capita for FY 2021-22. All top five counties are located in the eastern portion of the state, and four counties (Montgomery, Chester, Bucks, Delaware) are suburbs that surround Philadelphia. The weight, while the unweighted average ($968) gives equal weight to all counties. The bottom five counties are all rural counties located in the north-central region of the state. The top counties had a relatively higher reliance on property taxes (as Hits: 4 |
Revenue_Proposal_Analysis_2023_05.pdf03/mg in THC in edibles 9% Exempt Virginia 2021 -- 21% 5.30% Recreational Marijuana Taxes in Surrounding States Note: Local sales taxes may also apply. Retail sales of recreational marijuana began on April 21, 2022 in New Jersey and on per hour to $15 per hour, an increase of 50% for the lowest paid workers. Second, this analysis disregards geographic location. Employers in urban areas 10 Neumark, David and Peter Shirley. “Myth or Measurement: What Does the New Minimum Wage Research Hits: 4 |
Revenue_Proposal_Analysis_2021_04.pdffully phased in, the 40% reduction in the tax rate should be sufficient to have a positive impact on firms’ location decisions. Figure 1.1 compares (1) state CNIT rates and (2) applicable reporting methods. Forty-four states and the District adopted combined reporting after 2006 but were not included in this table because detailed revenue impact analyses could not be located. Texas also adopted mandatory combined reporting for its Margin Tax during this period, but this state is not included because Hits: 4 |
Revenue_Estimate_2022_06.pdf0 1.9 121.2 Other Federal Programs Direct State Support $5.9 $20.2 $0.1 $26.2 Direct Local Support 2.6 8.2 0.1 10.9 Other Support 6.9 3.0 0.0 9.8 Total 3,000 (-7.0%). ▪ The government sector contracted by 30,000 payroll jobs (-4.2%). Notable contractions occurred for the local government-education (i.e., school districts, -9,000, -3.2%) and state government- education (i.e., public post-secondary institutions Hits: 4 |
Revenue_Estimate_2022_05.pdf0 1.9 121.2 Other Federal Programs Direct State Support $5.9 $20.2 $0.1 $26.2 Direct Local Support 2.6 8.2 0.1 10.9 Other Support 6.9 3.0 0.0 9.8 Total Economic Outlook | Page 5 ▪ The government sector contracted by 33,000 payroll jobs (-4.5%). Notable contractions occurred for the local government-education (i.e., school districts, -11,000, -3.9%) and state government- education (i.e., public post-secondary institutions Hits: 4 |
RB-10-2020-Economic_Development_Incentives.pdfthe program and credits are no longer awarded as of June 30, 2020. Act 66 of 2020 created the Local Resource Manufacturing Tax Credit. The credit (capped at $26.7 million in annual awards) is intended to encourage investment in million from the prior fiscal year. The Office of the Budget awards these funds for the acquisition and construction of local economic, cultural, civic, recreational and historical improvement projects. In CY 2019, 220 projects were awarded almost $284 million in future Hits: 4 |
Presentation_PICPA_9-24-2013.pdfweak demand. Federal and state gov’ts unlikely to contribute. o Federal – debt ceiling debate, continuing sequester. o State and Local – pensions and health care benefits. o Monetary Policy - pull back to start soon. 24 . Sept . 2013 4 Contributions to U 0.4% 4 Government -0.2% -0.4% 0.0% a Federal -0.1% -0.4% 0.0% b State-Local -0.1% -0.1% 0.0% Source: IHS Global Insight and U.S. Bureau of Economic Analysis. 24 . Sept . 2013 Hits: 4 |
PBB_Board_Hearing_Sept_28_2021.pdftax credit paid ▪ Only count new economic activity induced by the credit ▪ Credit must be the decisive factor in the location decision ▪ Excludes other benefits: positive spillovers, enhanced property tax revenues September 28, 2021 4 Keystone Special Development Zones (KSDZ) Summary of findings based on input from participants ▪ Tax credit is one of many factors that affected the location decision ▪ Other factors: geographic location, workforce, infrastructure ▪ To be fully self-financed, roughly 39 percent of tax credit dollars must Hits: 4 |
PBB_2023_DOR_REPORT.pdfcommonwealth tax laws. More specifically, this activity (1) provides taxpayers, practitioners, members of the General Assembly and other state and local agencies with information and services regarding tax-related issues through its customer experience center (CEC); (2) provides education and tax unknown to the department and (6) provides field enforcement and criminal prosecution. The department also coordinates with federal, state and local law enforcement agencies. The primary goals of this activity are (1) exemplary customer service, (2) successful outreach and education and Hits: 4 |
PBB_2021_DMVA_REPORT_ADDENDUM.pdfpower in support of national objectives and, at the command of the Governor, provide trained personnel to support state and local authorities in times of natural disaster or civil strife. In 2020, over 1,500 Pennsylvania National Guard members supported COVID- they are entitled and establishes new veterans benefits programs as needs are identified. The bureau coordinates with federal, state, county, local and private agencies. It administers all state veterans benefits programs legislatively tasked to the DMVA and (1) ensures the quality Hits: 4 |
PBB_2021_DHS_REPORT_ADDENDUM.pdfand Ohio as well as Virginia. County-administered states employ a decentralized approach that allows for a higher level of local control compared to states that opt for a more centralized, statewide approach. Throughout this report state benchmarks are provided that administered child welfare services. The primary funding sources for this activity are state (58 per- cent), federal (21 percent) and local (20 percent) funding. Recent changes to federal law through the Family First Prevention Services Act have shifted the focus of Hits: 4 |
PBB_2020_DOS_REPORT.pdfthe state for many years and prevents the reuse of inactive business names indefinitely. 3 Processing times are located here: https://www.dos.pa.gov/ProfessionalLicensing/Pages/professional-licensing- guides.aspx. As of January 6, 2020, the department reports these times to properly register to vote. Absentee ballots are used when a voter cannot make it to the polling location on election day. 14-15 Actual 15-16 Actual 16-17 Actual 17-18 Actual 18-19 Actual 19-20 Budget Expenditures Hits: 4 |
PBB_2020_DEP_Report.pdfoperations throughout the state. According to DEP, there are more than one million structures in Pennsylvania that are located above aban- doned coal or clay mines. Furthermore, DEP has located more than 12,100 abandoned oil and gas wells and estimates that there are approximately 200,000 more abandoned wells that have Hits: 4 |
PASBO_Presentation_March_16_2023.pdfand Storage +30 Management (HQs) +14 Couriers and Messengers +6 Nursing Home and Residential Care -27 Full-Service Restaurants -18 Local Gov’t: municipals -10 Colleges and Universities -9 Non-Profits -9 Accommodation -8 Local Gov’t: school districts -7 All Other -4 Total Change -42 Source: U.S. Bureau of Labor Statistics. 2019 Q4 Hits: 4 |
PACBI_Presentation_March_13_2023.pdfComp includes $5.2 (2020) and $0.8 (2021) billion of state monies. Excludes direct federal monies to state and local government units and higher education institutions. Childcare includes stabilization funds ($820m) and block grants ($865m). PA Labor Market: Pre vs and Storage +30 Management (HQs) +14 Couriers and Messengers +6 Nursing Home and Residential Care -27 Full-Service Restaurants -18 Local Gov’t: municipals -10 Colleges and Universities -9 Non-Profits -9 Accommodation -8 Local Gov’t: school districts -7 All Hits: 4 |
MQRE-FY19-20-Aug.pdfretail price charged to the consumer. The act also allows Philadelphia and Allegheny County to continue to levy local alcoholic beverage taxes. This pro- vision applies to sales after September 30, 2019. Prior Law The Sales and Use Tax Bulletin 2018- act requires the transfer of funds from fiscal years ending before July 1, 2019 and not committed for local law enforcement grants on September 1, 2019 to the General Fund. From the gaming funds transferred to the General Fund, $1.1 Hits: 4 |
jackson ppt.pdfInvestment 4.4 8.7 5.3 5.8 Federal Government 4.5 -1.8 -2.5 -3.5 State & Local Government -1.8 -2.2 -2.4 -0.9 Exports 11.3 6.9 4.0 7.6 Imports 12 Many related sectors, especially professional services, also involved. • Hotels, restaurants, retail, short-term housing also get a boost. • State and local budget crunch (reduced revenues, more need for many services, can’t put it on a credit card) adding to job Hits: 4 |
IFO_Testimony_Min_Wage_Feb_16_2021.pdf8 -5.0 -3.6 Admin and Waste Management -53 -34 -26 -16.8 -10.7 -8.0 Education (excludes local SD) -42 -12 -50 -16.1 -5.9 -19.9 Healthcare-Social Assistance -120 -50 -39 -11.4 -4.7 Federal 2 10 1 2.5 9.9 1.2 State 1 -3 -9 0.6 -2.0 -5.8 Local (includes local SD) -20 -14 -24 -4.4 -3.3 -5.2 All Other -21 -23 -24 -8.2 -9 Hits: 4 |
Econ_Budget_Outlook_Hearing_Response_Letter_02_2023.pdf2022 provides additional detail on projected DHS expenditures from fiscal year (FY) 2023-24 to FY 2027-28. The table located on that page is included below. On slides 14 and 15, Medical Assistance, Long-Term Living and Intellectual Disabilities are Representative Keefer requested a copy of the 50-state tax burden report. A copy of the IFO’s State and Local Tax Revenues: A 50 State Comparison report released on January 19, 2022 is enclosed. An updated report for state and Hits: 4 |
CNIT-Rate-Cut-2018-04.pdfThese computations reflect state CNIT revenues only, and do not include corporate franchise/privilege taxes, or any corporate levies by local governments. 3 Some states rely heavily on corporate franchise/privilege taxes (Delaware, North Carolina, Illinois and Tennessee), and if those 2012 because those amounts were not reported for tax year 2013. The payroll factor represents the share of firmwide payroll located in the state. If a payroll-only factor is used instead of sales, the tabulations for tax year 2012 reveal Hits: 4 |
Budget Hearings Packet.pdfexpand despite the collapse of gas prices and less new drilling. 19 A recent price spike closes the gap between local hub spot prices and the Henry Hub. 20 (3) Shaded figures represent preliminary data or forecasts. For 2016, U.S February 2017. Dollar Amounts Growth Rates Gaming Revenue and Lottery Sales (15) Tax burden equal to ratio of total state-local taxes divided by personal income. Pennsylvania slightly lower than U.S. weighted average. Sales tax burden lower due to narrower Hits: 4 |
Budget Hearings Packet- Web Version.pdfexpand despite the collapse of gas prices and less new drilling. 19 A recent price spike closes the gap between local hub spot prices and the Henry Hub. 20 (3) Shaded figures represent preliminary data or forecasts. For 2016, U.S February 2017. Dollar Amounts Growth Rates Gaming Revenue and Lottery Sales (15) Tax burden equal to ratio of total state-local taxes divided by personal income. Pennsylvania slightly lower than U.S. weighted average. Sales tax burden lower due to narrower Hits: 4 |
Boyd PA IFO November 2016.pdf1 “standard deviation” •For U.S. as a whole, today, that’s about $425 billion. About 27% of all state-local taxes, up from 7.6% in 1995, 2.7% in 1985 •Even if amortized slowly* it is a lot: •increased 30 years (after which it is paid off) •roughly equivalent to a 24 percent cut in all U.S. state-local highway capital spending, for 30 years •the result of a single year of moderately bad investment returns •Risks borne by Hits: 4 |
Tax_Credit_and_Other_Incentives_2022.pdfmillion (-1%) from the prior fiscal year. The Office of the Budget awards grants for the acquisition and construction of local economic, cultural, civic, recreational and historical improvement projects. In calendar year 2021, 490 projects were awarded over $796 million in million (52%) in FY 2021-22 to $10.2 million. This program supports regional economic development projects through partnerships with Local Development Districts, Small Business Development Centers and other entities, assisting businesses through workforce, market and real-estate development efforts. The Hits: 3 |
Tax_Credits_and_Other_Incentives_2024.pdfmillion (67%) from the prior fiscal year. The Office of the Budget awards grants for the acquisition and construction of local economic, cultural, civic, recreational and historical improvement projects. In calendar year 2022, 538 projects were awarded over $930 million in increased by $0.5 million (5%) to $10.7 million. This program supports regional economic development projects through partnerships with Local Development Districts, Small Business Development Centers and other entities, assisting businesses through workforce, market and real-estate development efforts. The Hits: 3 |
Special-Funds-Response-Letter-03-08-2019.pdf521 Municipal Pension 301,730 Banking and Securities Banking 28,346 Community & Economic Development Ben Franklin Technology Development 25,034 Local Government Capital Project Loan 1,100 Machinery and Equipment Loan 48,600 Minority Business Development 2,590 Municipalities Financial Recovery 046 77,927 91,895 250,921 Difference 8,871 17,697 14,925 11,411 7,234 -145,443 Local Government Capital Project Loan Fund Receipts 259 305 338 246 223 245 Disbursements 217 139 32 90 296 1,100 Hits: 3 |
SEIU_Local_668_Wage_Contract_Analysis_2023.pdfthat obligation. The analysis considers the recent collective bargaining agreement between the Commonwealth and the Service Employees’ International Union (SEIU) Local 668. (See Table 1 and Methodology on the last page.) The analysis uses the following parameters and data obtained from 2.25% January 2024 step increase, multiplied by the 2.0% GPI. Table 1 Analysis of Collective Bargaining Agreement SEIU Local 668 1 Annual savings from the replacement of high-wage senior workers with less experienced lower wage workers (1.85% Hits: 3 |
SEIU_Local_668_UC_Referees_Wage_Contract_Analysis_2024.pdfthat obligation. The analysis considers the recent collective bargaining agreement between the Commonwealth and the Service Employees International Union (SEIU) Local 668 - Unemployment Compensation (UC) Referees. (See Table 1 and Methodology on the last page.) The analysis uses the following parameters 2.25% January 2024 step increase, multiplied by the 2.0% GPI. Table 1 Analysis of Collective Bargaining Agreement SEIU Local 668 - Unemployment Compensation Referees 1 Annual savings from the replacement of high-wage senior workers with less experienced lower wage Hits: 3 |
SEIU Local 668 UC Referees Analysis- 2020.pdfthat obligation. The analysis considers the recent collective bargaining agreement between the Commonwealth and the Service Employees International Union (SEIU) Local 668 Unemployment Compensation (UC) Referees Unit. The analysis uses the following parameters and data obtained from the state accounting system 2.0 percent GPI. The total is prorated for the October 2020 effective date. Analysis of Collective Bargaining Agreement SEIU Local 668 Unemployment Compensation Referees Unit millions of dollars 1/ Annual savings from the replacement of high-wage senior workers with Hits: 3 |
Roundtable_Jan_24_2023.pdfand Food Service -55 -30 -11.6 -6.4 Other Services -22 -13 -8.5 -4.8 All Government (includes local SDs) -35 -32 -4.8 -4.4 All Other -26 0 -3.1 0.1 Note: Data are not seasonally Retention Credit (ERC) 0.0 1.0 2.2 Direct State Govt Support $5.9 $20.3 $0.2 Direct Local Govt Support $2.6 $8.3 $0.1 Note: Billions of dollars. PEBT included with SNAP. SNAP emergency allotments end Hits: 3 |
Response_Letter_9_23_2019.pdfg., realty transfer) and taxes not based on income or consumption (e.g., inheritance). The analysis also did not consider local earned income or sales taxes. Based on these criteria, Table 2 includes the following General Fund taxes: (1) state personal states that does not tax private pensions. The IFO surveyed research by academics and national policy organizations and could not locate any credible findings that would suggest a significant impact on senior migration patterns from the net tax changes on senior Hits: 3 |
RB_2021_11_Economic_Development_Incentives.pdfmillion from the prior fiscal year. The Office of the Budget awards these funds for the acquisition and construction of local economic, cultural, civic, recreational and historical improvement projects. In calendar year (CY) 2020, 350 projects were awarded over $456 million decreased by $6.3 million (-48%) from FY 2019-20. This program supports regional economic development projects through partnerships with Local Development Districts, Small Business Development Centers and other entities, assisting businesses through workforce, market and real-estate development efforts. • Workforce Hits: 3 |
RB-2020-10-Impact_of_TCJA_on_PA_Taxpayers.pdf Allowed a new 20 percent deduction for certain qualified business income. Repealed itemized deductions except for state and local taxes (SALT) paid (up to $10,000), interest on home mortgage debt below $750,000, charitable contributions and other miscellaneous and Dental 2.4 1.4 0.3 4.0 1.5 1.1 0.3 3.0 State and Local Tax 3.5 9.2 8.8 21.5 0.8 2.0 1.4 4.2 Home Mortgage Interest Hits: 3 |
RB-2019-01.pdfimplicit tax burden imposed by the impact fee in a given year. Proceeds from the impact fee are distributed to local governments and state agencies to provide for infrastructure, emergency services, environmental initiatives and various other programs. Local governments receive funds based on the number of wells located within their boundaries or their proximity to jurisdictions where natural Hits: 3 |
PSBA_January_19_2022.pdfUSuw 3.06 USuw 2.22 USuw 2.44 Note: Average Tax Rate (ATR) is the ratio of the state-local tax revenue to modified state personal income. USw is weighted average. USuw is unweighted average (each state has same weight). Source: State and Local Tax Revenues: A 50 State Comparison, IFO (January 2022). State and Local Tax Burden: Average Tax Rate and Rank Property Hits: 3 |
Presentation_PBC_6-12-14_data.xlsx491 6,627 6,864 7,119 7,048 6,886 6,639 1.9% 1.7% 0.0% State & Local Government 15,836 16,458 17,234 18,024 18,596 19,334 20,049 20,989 22,035 23 24 63.61 65.21 65.02 68.57 68.65 68.46 3.3% 2.8% 1.5% State & Local Government 27.37 28.13 28.95 30.09 30.83 32.17 33.03 34.15 35.34 36 Hits: 3 |
PBB_Board_Hearing_Jan_24_2022.pdfof documents ▪ Increased reliance on digital resources for archive access and museum programs due to COVID-19 PHMC relies on local partnerships to operate historic sites and museums ▪ From FY 16-17 to FY 18-19, funds generated through local partnerships averaged more than $5 million annually ▪ PHMC should work with local partners to develop uniform reporting requirements to avoid Hits: 3 |
NGIFE-2018.pdfimplicit tax burden imposed by the impact fee in a given year. Proceeds from the impact fee are distributed to local governments and state agencies to provide for infrastructure, emergency services, environmental initiatives and various other programs. Local governments receive funds based on the number of wells located within their boundaries or their proximity to jurisdictions where natural Hits: 3 |
NGIFE-2016.pdfimplicit tax burden imposed by the impact fee in a given year. Proceeds from the impact fee are distributed to local governments and state agencies to provide for infrastructure, emergency services, environmental initiatives and various other programs. Local governments receive funds based on the number of wells located within their boundaries or their proximity to jurisdictions where natural Hits: 3 |
NAP-2018-03.pdfanalysis uses multipliers computed by the U.S. Bureau of Economic Analysis based on input-output data for 2007 and local industry data from 2015 (RIMS II, Type 2 multipliers). 6 The values for relevant Pennsylvania-specific output or spending multipliers in-state by nature of the work (e.g., construction workers and those providing social services are likely to be located in Pennsylvania to provide services to those living in Pennsylvania neighborhoods). For FY 2015-16, the state granted $17.9 Hits: 3 |
MTR-2016-01.pdfadded nearly 8,000 jobs. Despite impressive recent gains, the construction sector contracted by 24,100 jobs (-9.2%) while local government contracted by 36,500 jobs (-7.5%). Roughly three- quarters of the contraction in the local government sector was related to education; the residual was related to municipal functions. These payroll data provide only a partial Hits: 3 |
Labor_Market_Update_October_2021.pdfSeptember due to weak seasonal hiring in the education (i.e., colleges and universities, private schools) and government (i.e., local school districts) sectors. For the three years prior to COVID, roughly 60,000 net payroll jobs were added in September added an average of 42,800 payroll jobs, but only 25,400 last month. For the government sector that includes local school districts, an average of 51,400 jobs were added, but only 31,100 last month. Some other sectors recorded Hits: 3 |
Impact_Fee_Update_Outlook_2023.pdfthe previous calendar year. The fee is administered by the Pennsylvania Public Utility Commission (PUC) and proceeds are distributed to local governments and state agencies for infrastructure, emergency services, environmental initiatives and other programs. Local governments receive funds based on the number of wells located within their boundaries or their proximity to jurisdictions where natural Hits: 3 |
Impact_Fee_Update_Outlook_2022.pdfthe previous calendar year. The fee is administered by the Pennsylvania Public Utility Commission (PUC) and proceeds are distributed to local governments and state agencies for infrastructure, emergency services, environmental initiatives and other programs. Local governments receive funds based on the number of wells located within their boundaries or their proximity to jurisdictions where natural Hits: 3 |
Impact_Fee_Update_Outlook_2021.pdfwells that were drilled or operating in the previous calendar year. 1 Proceeds from the impact fee are distributed to local governments and state agencies to provide for infrastructure, emergency services, environmental initiatives and various other programs. Local governments receive funds based on the number of wells located within their boundaries or their proximity to jurisdictions where natural Hits: 3 |
Impact-Fee-Update-Outlook-2020.pdfwells that were drilled or operating in the previous calendar year. 1 Proceeds from the impact fee are distributed to local governments and state agencies to provide for infrastructure, emergency services, environmental initiatives and various other programs. Local governments receive funds based on the number of wells located within their boundaries or their proximity to jurisdictions where natural Hits: 3 |
Impact-Fee-Update-Outlook-2019-06.pdfwells that were drilled or operating in the previous calendar year. 1 Proceeds from the impact fee are distributed to local governments and state agencies to provide for infrastructure, emergency services, environmental initiatives and various other programs. Local governments receive funds based on the number of wells located within their boundaries or their proximity to jurisdictions where natural Hits: 3 |
Impact-Fee-Update-2018-Outlook-2018-06.pdfwells that were drilled or operating in the previous calendar year. 1 Proceeds from the impact fee are distributed to local governments and state agencies to provide for infrastructure, emergency services, environmental initiatives and various other programs. Local governments receive funds based on the number of wells located within their boundaries or their proximity to jurisdictions where natural Hits: 3 |
Impact-Fee-Update-2017-Outlook-2017-07.pdfwells that were drilled or operating in the previous calendar year. 1 Proceeds from the impact fee are distributed to local governments and state agencies to provide for infrastructure, emergency services, environmental initiatives and various other programs. Local governments receive funds based on the number of wells located within their boundaries or their proximity to jurisdictions where natural Hits: 3 |
Impact-Fee-Estimate-2019.pdfwells that were drilled or operating in the previous calendar year. 1 Proceeds from the impact fee are distributed to local governments and state agencies to provide for infrastructure, emergency services, environmental initiatives and various other programs. Local governments receive funds based on the number of wells located within their boundaries or their proximity to jurisdictions where natural Hits: 3 |
IFO - Economic and Budget Outlook - January 2012.pdfFour types of spending comprise real GDP: (1) personal consumption, (2) investment, (3) net imports and (4) federal and state-local government spending. Real measures are a superior measure of economic activity because they eliminate inflationary growth. Inflationary growth does not 4 percentage points), partially offset by an increase in net imports (-0.5 percentage points) and a decline in state-local government spending (-0.2 percentage points). Expansive fiscal policy provided broad support to the 2010 economy. The Congressional Budget Office Hits: 3 |
House_Maj_Policy_Com_Testimony_June_8_2022.pdfwill typically receive similar pay adjustments. • Inflationary pressures will factor into negotiated rates for wage increases and healthcare. • State and local programs that rely on state or federal funds will experience an erosion in purchasing power if discretionary subsidies, grants and increase less than the rate of inflation. In some cases, this will increase the need for additional funds at the local level for school and county programs. • Any inflationary increase in FY 2022-23 and later will likely become a permanent Hits: 3 |
Five_Year_Outlook_Presentation_2022.pdf2 Accommodation and Food Service 479 449 -29 -6.1 Other Services 261 246 -16 -6.1 All Government (includes local SDs) 716 688 -28 -3.9 All Other 822 823 1 0.1 Note: Data are not seasonally adjusted. Figures Restaurants 196 180 -17 -8.5 Colleges and Universities 163 148 -15 -9.2 Nonprofits 136 121 -15 -11.2 Local Government (exclude education) 275 268 -9 -4.9 State Government - education 60 51 -9 -15.4 Warehousing and Storage 94 Hits: 3 |
Five_Year_Outlook_Presentation_2021.pdfpolicy specialist with the Fiscal Affairs Program at NCSL, where she specializes in state budgets, federal stimulus funds, state and local relations, and economic development topics. She is a staff liaison to NCSL’s Labor and Economic Development Standing Committee and 8% Accommodation and Food Service 479 403 -76 -15.9% Other Services 261 238 -24 -9.0% All Government (includes local SDs) 716 680 -36 -5.0% All Other 822 797 -25 -3.0% Note: Data are not seasonally adjusted. Figures Hits: 3 |
2023_Mid_Year_Update.pdfRetention Credit (ERC) 0.0 1.0 2.2 Direct State Govt Support $5.9 $20.3 $0.2 Direct Local Govt Support $2.6 $8.3 $0.1 Note: Billions of dollars. Extra SNAP/CTC/Rent Assist includes P-EBT 113.0 Professional and Technical 12 22 9 106.0 Admin-Waste Management -32 -18 14 94.5 Education (excludes local SD) -16 -12 4 95.2 Healthcare-Social Assistance -62 -21 42 98.1 Arts-Entertainment -11 0 11 99 Hits: 3 |
2023_Impact_Fee_Estimate.pdfwells that were drilled or operating in the previous calendar year. 1 Proceeds from the impact fee are distributed to local governments and state agencies to provide for infrastructure, emergency services, environmental initiatives and various other programs. Local governments receive funds based on the number of wells located within their boundaries or their proximity to jurisdictions where natural Hits: 3 |
2022-Impact-Fee-Estimate.pdfwells that were drilled or operating in the previous calendar year. 1 Proceeds from the impact fee are distributed to local governments and state agencies to provide for infrastructure, emergency services, environmental initiatives and various other programs. Local governments receive funds based on the number of wells located within their boundaries or their proximity to jurisdictions where natural Hits: 3 |
2021_Impact_Fee_Estimate.pdfwells that were drilled or operating in the previous calendar year. 1 Proceeds from the impact fee are distributed to local governments and state agencies to provide for infrastructure, emergency services, environmental initiatives and various other programs. Local governments receive funds based on the number of wells located within their boundaries or their proximity to jurisdictions where natural Hits: 3 |
2020_Impact_Fee_Estimate.pdfwells that were drilled or operating in the previous calendar year. 1 Proceeds from the impact fee are distributed to local governments and state agencies to provide for infrastructure, emergency services, environmental initiatives and various other programs. Local governments receive funds based on the number of wells located within their boundaries or their proximity to jurisdictions where natural Hits: 3 |
2018_Mid-Year_Update.pdfHospitality 5.1 7.5 13.1 17.9 State-Federal Govt -2.0 0.3 0.9 -2.0 Local Government -7.3 -6.8 -0.9 -1.8 All Other Sectors 4.3 1.5 9.3 7.7 0.2% Notes: Itemized deductions based on IRS tabulations for PA for tax year 2015. SALT is the state and local tax deduction for income (or sales) and property taxes. For PA, roughly 14% of taxpayers with AGI of $40,000 Hits: 3 |
2002_dbdc_report.pdffunded through their tax- deferred, pre-retirement contributions. Currently, the number of school districts that have authorized participation in a locally administered 403(b) plan is not known. Alternative Retirement Plans Certain employees of Pennsylvania institutions of higher education are eligible school nonteaching staff, certain types of state employees (for example, judicial or public safety), only county, municipal, and other similar local government employees, or certain restricted types of state employees (for example, Georgia’s Defined Contribution Plan for temporary, seasonal, and Hits: 3 |
WC-2019-SEIU.pdf2.0 percent GPI. The total is prorated for the October 2020 effective date. Analysis of Collective Bargaining Agreement SEIU Local 668 millions of dollars 1/ Annual savings from the replacement of high-wage senior workers with less experienced lower wage Other State Funds include Lottery, State Stores, and restricted accounts, augmentations and other funds. Analysis of Collective Bargaining Agreement SEIU Local 668 millions of dollars Table 2 CreationDate: 2019-08-12 18:34:44 Creator: Xerox AltaLink C8045 ModDate: 2019-08- Hits: 2 |
Wage Contract SEIU-FINAL.pdfAccounts/Augmentations/Other Funds) and Federal Funds. The analysis considers the recent collective bargaining agreement between the Commonwealth and SEIU Local 668. The analysis uses the following parameters and data obtained from the state accounting system as of August 12, 2016 Funds Year Increase General Fund Motor License Fund Other State Funds 1/ Federal Funds Analysis of Collective Bargaining Agreement SEIU Local 668 (millions of dollars) Author: Matthew Knittel CreationDate: 2016-12-15 18:14:59 Creator: Adobe Acrobat Pro DC 15 Hits: 2 |
TC_2020_Organ and Bone Marrow Donation Tax Credit.pdfmore efficient. The costs to provide the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all tax credits if necessary. The costs of providing the tax credit, including the administrative costs to the Commonwealth and local government entities within this Commonwealth. The act also specifies that the IFO shall develop a tax credit plan for all tax credits Hits: 2 |
TCJA-Update-August-2018.pdfthose sources, so that the number of unique filers is smaller. • Roughly 1.6 million filers reported a state and local income tax deduction ($11.3 billion) and the same number reported a local property tax deduction ($8.2 billion). Nearly all filers that claim one of those deductions will claim both. The majority Hits: 2 |
SD_Prop_Tax_Update_Aug_2022.pdftax revenue per capita was $1,209 and the median was $869. The bottom five counties are all rural counties located in the north-central region of the state. Overall, current-year property taxes as a share of statewide total local school district revenue was 77.5% in FY 2020-21. (Other primary revenue sources included earned income taxes (9.2% Hits: 2 |
Revenue_Proposal_Analysis_2022_04.pdfyears 2014 and later in regard to the sourcing of services. Market-based sourcing generally attributes receipts based on the location where the benefits are delivered to the customer. When combined with the codification of economic nexus, the department estimates it of the Minimum Wage,” Journal of Economic Perspectives, 35(1), 3-26 (February 2021). 6 Long, M. C. “Seattle’s local minimum wage and earnings inequality,” Economic Inquiry (April 2021). 7 Yu et al. “Evidence of the Unintended Labor Scheduling Implications Hits: 2 |
Revenue_Estimate_Presentation_2022_05.pdf58.9 52.3 1.9 113.2 Direct State Support $5.9 $20.2 $0.1 $26.2 Direct Local Support 2.6 8.2 0.1 10.9 Other Support 6.9 3.0 0.0 9.8 Total Professional and Technical 4 23 1.0 6.3 Admin-Waste Management -26 -23 -8.2 -7.2 Education (excludes local SD) -27 -13 -10.4 -5.0 Healthcare-Social Assistance -40 -45 -3.8 -4.2 Arts-Entertainment -23 -6 Hits: 2 |
Revenue_Estimate_2023_06.pdfjobs (-12.8%). The government sector contracted by 19,000 payroll jobs (-2.7%). Notable contractions occurred for the local government-municipal (excludes school districts, -11,300, -6.2%) and state govern- ment-education (i.e., public post-secondary institutions funding is largely due to (1) Food and Nutrition and (2) the Elementary and Secondary Education Act (ESEA) Title 1 Local Grant Programs. DOH requests authority to spend up to $591 million in General Fund federal revenue, an increase of Hits: 2 |
Revenue_Estimate_2021_05_Presentation.pdfTotal Individual Programs 38.4 39.6 78.0 PPP Forgivable Loans $20.7 $10.1 $30.8 Direct State-Local Support 8.7 31.0 39.7 Other Support 5.4 2.9 8.3 Total Other 34.8 44 5.3 -2.0 -0.3 Admin-Waste Management -68 -50 -47 -21.4 -15.0 -14.9 Education (excludes local SD) -37 -27 -21 -14.4 -10.6 -8.3 Healthcare-Social Assistance -109 -39 -60 -10.3 -3.6 Hits: 2 |
Revenue-Estimate-2023-05.pdfjobs (-13.5%). The government sector contracted by 23,500 payroll jobs (-3.3%). Notable contractions occurred for the local government-municipal (excludes school districts, -11,000, -6.1%) and state govern- ment-education (i.e., public post-secondary institutions funding is largely due to (1) Food and Nutrition and (2) the Elementary and Secondary Education Act (ESEA) Title 1 Local Grant Programs. DOH requests authority to spend up to $589 million in General Fund federal revenue, an increase of Hits: 2 |
Response-Letter-09-12-2019-Part-2.pdfto $50,000 and decrease the property tax burden threshold from 15 percent to 10 percent. For homeowners not located in Pittsburgh, Philadelphia or Scranton, your letter requests estimates for two proposals related to the supplemental rebate: (1) increase the supplemental rebate to $1,500 and (2) increase the supplemental rebate to $2,000. Homeowners located in the aforementioned cities would receive supplemental rebates that range from $1,175 to $1,500 and $1,675 to Hits: 2 |
RB_2024_01_Min_Wage.pdfpaid cashiers and retail salespersons were paid over $0.50/hour more than the state minimum wage, there were higher local statutory minimum wage rates for New York City ($15 per hour) and most suburbs. Therefore, the weighted average minimum wage Min Wage Wage Bottom 10% Diff w/ Min Wage Note: New York and Maryland have higher minimum wages in selected local areas around New York City and Washington, D.C., respectively. Sales is short for Retail Sales. Independent Fiscal Office Page Hits: 2 |
RB_2023_08_PTRR_Expansion.pdfSecurity. Supplemental rebates equal to 50% of the base PTRR rebate are paid to high burden homeowners or those homeowners located in specified local jurisdictions. These supplemental rebates are included in Table 1. Property Tax/Rent Rebate Expansion Independent Fiscal Office | Research Brief | August Hits: 2 |
RB_2022_07_Worker_Shortage.pdfnotable job losses include non-profits and advocacy entities (-13,500), all manufacturing (-13,300), employment services (-11,700) and local school districts (-8,900). 11 The bottom of the table displays two subsectors with significant job gains: warehousing and storage 5 563.2 -13.3 Employment Services 119.3 107.6 -11.7 Accommodation 61.3 52.1 -9.2 Local Government Education 279.6 270.7 -8.9 All Retail Trade 607.7 598.8 -8.9 Amusements and Gaming Hits: 2 |
RB-2017-5.pdfmarginal effective rate is similar to one or more of the other rate categories. Sources: Tax Foundation and State and Local Taxes: A Comparison Across States, IFO (May 2017). Independent Fiscal Office Page 4 Table 2 displays corporate net income tax revenues to economic conditions. The growth of tax revenues will be sensitive to the specific firms and industries that are located in the state and are incorporated as C corporations. The taxable profits that motivate corporate net income tax revenues may Hits: 2 |
PICA_Presentation_2020_11.pdf18.9% -10.3% -7.5% Administration-Waste Man. -53 -33 -27 -16.8% -10.3% -8.3% Education (exc. local SDs) -42 -9 -36 -16.1% -4.3% -15.0% Healthcare -89 -39 -34 -10.9% -4.7% -4.1% 29 -23 -54.1% -41.5% -37.7% Colleges and Universities -17 -5 -27 -9.6% -4.1% -16.5% Local Government -20 -17 -25 -4.4% -3.9% -5.5% Employment Services (temps) -30 -21 -22 -26.1% -18.3% Hits: 2 |
PBB_Board_Amend_03_09_22.pdfadd an analysis or cite research that compares Pennsylvania to the average state in terms of the combined state and local funding available to high poverty districts versus low poverty districts. 5. In the K-12 Education Activity, add a substate metric analyzing, by quartiles based upon poverty level, students of color as a share of enrollment, and local tax effort, how the basic education funding distribution would shift on a per pupil basis if 100% of the funds Hits: 2 |
PBB_2023_PID_REPORT.pdfconsumer chooses to email, fax or mail the complaint, department staff manually enter the complaint into the system. ▪ Disaster center locations were only necessary in two of the last five years. In 2018, a Disaster Recovery Center was established in Susquehanna 567 654 Value of recoveries ($ millions) $3.2 $5.8 $3.7 $4.1 $10.1 $5.7 Disaster center locations 1 0 1 0 0 6 0 Individuals assisted at disaster centers Property and Casualty Complaints received (000s) 8.0 Hits: 2 |
PA_Turnpike_Toll_Projections_May_31_2013.pdfeach 1.0 percent increase in toll rates. The strength of the response depends on the type of road, geographic location and viable alternatives. (See Table 2 for a summary of studies and results.) For this analysis, the IFO estimated driver Background%20Documents/ Matas%26Raymond%20on%20Tolled%20Motorways%20in%20Spain.pdf. Independent Fiscal Office Page 6 Table 2 Studies on Toll Rate Responsiveness in the U.S. Authors Location Responsiveness / Elasticity Wuestefeld & Regan (1981) 16 U.S. Toll Facilities -0.03 to -0.31 Harvey (1994) Everett Turnpike, NH Hits: 2 |
PA_Chamber_June_17_2021.pdfTotal Individual Programs 38.4 40.5 78.9 PPP Forgivable Loans $20.7 $10.0 $30.7 Direct State-Local Support 8.7 30.8 39.5 Other Support 5.4 2.9 8.3 Total Other 34.8 43 5.3 -2.0 -0.3 Admin-Waste Management -68 -50 -47 -21.4 -15.0 -14.9 Education (excludes local SD) -37 -27 -21 -14.4 -10.6 -8.3 Healthcare-Social Assistance -109 -39 -60 -10.3 -3.6 Hits: 2 |
PA_Assoc_of_Community_Bankers_Presentation_2020_12.pdf18.9% -10.3% -7.2% Administration-Waste Man. -53 -33 -28 -16.8% -10.3% -8.6% Education (exc. local SDs) -42 -9 -40 -16.1% -4.3% -15.4% Healthcare -89 -39 -23 -10.9% -4.7% -2.8% 29 -22 -54.1% -41.5% -36.6% Colleges and Universities -17 -5 -30 -9.6% -4.1% -16.9% Local Government -20 -17 -23 -4.4% -3.9% -4.9% Employment Services (temps) -30 -21 -22 -26.1% -18.3% Hits: 2 |
PASBO_March_17_2021.pdf3% -2.7% -0.4% Admin and Waste Management -68 -48 -36 -21.4% -15.0% -11.9% Education (excludes local SD) -37 -13 -25 -14.4% -6.6% -11.0% Healthcare-Social Assistance -109 -51 -52 -10.3% -4.8% Level 8 Number (000s) Change Jan 2020 Jan 2021 Number Percent Education Colleges-Universities, Prof. Schools 148 125 -23 -16% Local School Districts 275 257 -18 -7% State Education (state system, related) 56 45 -11 -20% Private Schools (K-12) 49 Hits: 2 |
Official-Revenue-Estimate-2018-06.pdf8.6 8.0 State-Federal Gov't -2.0 0.2 1.0 -0.6 -1.0 Local Gov't -7.4 -6.7 -2.2 0.6 -1.0 All Other Sectors 4.0 1.5 9.7 6 rather than April 2018 (as annual payments) due to the limitation of the federal deduction for state and local taxes (SALT) for tax year 2018. For FY 2018-19, the forecast projects a solid increase ($596 million, 4.4 percent) in Hits: 2 |
novak ppt.pdfin • The recession was too long for the economy, much longer for the unemployed. • Government job loses at state and local level have been rising Some Final Thoughts • Economist and forecasting agencies often differ in their outlook, use more than one. • Unlikely to find a method that works indefinitely. • Buy local. Survey of Professional Forecasters (SPF) Real GDP (%) Unemployment Rate (%) Payrolls (000s/month) Previous New Previous New Previous New Quarterly data Hits: 2 |
Newsstand_January_2020.pdfA recent article in the Wall Street Journal discusses the benefits of targeted business tax incentives offered by state and local governments. A study conducted by economists at Columbia Business School and Princeton University found that the number of tax incentives more incentives and that 25% of business tax incentives flow to a small group of firms that expand to new locations. State Leading Index Declines in Nine States Including Pennsylvania On December 31, 2019 the Federal Reserve Bank of Philadelphia released Hits: 2 |
MTR-2017-08.pdfdeaths ranked 18th in the nation. In addition to significant personal costs, the crisis also has implications for state and local budgets and economies. The opioid overdose death rate (rate per 100,000 in population) has increased dramatically. (See table.) In considerably higher. In the near-term, researchers believe that the budgetary implications of the crisis could intensify as state and local governments continue to devote more resources to education and treatment. The Pennsylvania Opioid Crisis General Fund Snapshot General Fund Tax Hits: 2 |
MTR-2016-03.pdfand gross earnings increased by 3.0%. The next three largest sectors recorded modest gains in gross earnings: state and local government (11.0% of total gross earnings, 1.6% growth), wholesale- retail (10.4%, 1.8% growth) and manufacturing (10 2% Professional Services 9.6% 5.2% Administrative-Support 3.3% 5.3% Healthcare-Social 13.8% 3.0% State-Local Gov’t 11.0% 1.6% 28.2% 4.2% All Other Sectors United States Pennsylvania Dec-15 Jan-16 Hits: 2 |
MQRE-FY20-21-Aug.pdfFY 2020-21 revenues. Increased Cap for Death Certificates The act increases the cap on the amount that local registrars may keep for processing death certificates to $85,000 annually. Any death certificates issued during the COVID-19 disaster declaration do towards the cap. This provision is effective July 1, 2020. Prior Law The cap on the amount that local registrars may keep for processing death certificates was previously $60,000 annually. Fiscal Analysis This provision is expected to reduce licenses and Hits: 2 |
MER-2013-12.pdfpurchases caused only a minor reduction in real GDP growth (–0.1 percent) for the last two quarters. State and local government purchases are also recovering, moving from a –0.1 percent contri- bution to real GDP growth in 2012 Q4 1% 0.1% Federal -0.2% 0.0% 0.7% -1.2% -0.7% -0.1% -0.1% State and Local -0.1% 0.1% 0.0% -0.1% -0.1% 0.1% 0.2% Contribution to Real GDP Growth Rate Hits: 2 |
ITEP-Presentation-11-14-2019.pdfon Taxation and Economic Policy (ITEP) is a non-profit, non-partisan research organization that works on federal, state, and local tax policy issues. ITEP's mission is to ensure that elected officials, the media, and the general public have access 3: think about intergenerational equity. Simplicity/transparency: avoids public antagonism Competitiveness: don’t stick out. Pennsylvania state and local taxes are regressive. Consumption and Property Taxes Drive Tax Regressivity General Sales Taxes — 0.5% 1.0% 1.5% 2 Hits: 2 |
Initial-Revenue-Estimate-2018-05.pdf4 8.6 8.0 State-Federal Govt -2.0 0.2 1.0 -0.6 -1.0 Local Govt -7.4 -6.7 -2.2 0.6 -1.0 All Other Sectors 4.0 1.5 9.7 6.4 than April 2018 (as annual payments) due to the limitation of the federal deduc- tion for state and local income taxes (SALT) for tax year 2018. For FY 2018-19, the forecast projects a solid increase ($610 million, 4.6 percent Hits: 2 |
Five_Year_Outlook_2020_Presentation_Final.pdf8% -5.0% -4.8% Admin and Waste Management -53 -34 -36 -16.8% 10.7% -10.8% Education (excludes local SD) -42 -12 -38 -16.1% -5.9% -14.5% Healthcare-Social Assistance -120 -50 -34 -11.4% -4.7% 27 -16.6% Employment Service (Temps) 12 104 -24 -18.6% Personal Care-Dry Cleaning 73 50 -23 -31.2% Local Government 465 443 -22 -4.7% Retail – Clothing Stores 45 23 -22 -48.8% Accommodations 59 38 -21 -35.2% Hits: 2 |
Five_Year_Outlook_2017_Presentation.pdf Work with states to develop and implement best practices. Previous Experience and Education Provided research and analysis on local and state public policy topics for the American Chamber of Commerce Executives. Planned and coordinated education for the government Recent data suggest a small net inflow of 18-24 age group. Elderly continue to move to warmer weather locations. November 16, 2017 11 U.S. and PA Population Distributions 0.0% 0.2% 0.4% 0.6% 0.8% Hits: 2 |
Five_Year_Outlook_2016_IFO_PPT.pdf0 5 10 15 20 2015 2016 Healthcare & Social Leisure & Hospitality Professional & Business All Other Wholesale & Retail Transport & Storage Manufacturing Local Gov't Mining Long Run Growth Rate Discrepancy 11/15/2016 21 Revenue Growth Pers. Income 4.6% Corporate Net Institute of Government Background Ph.D. in economics from Rensselaer Polytechnical Institute Over three decades experience analyzing state/local fiscal issues. Previous positions: • State Budget Crisis Task Force, Executive Director • New York State, Director of Economic and Revenue Analysis Hits: 2 |
Demographics_Outlook_2022.pdf4.1 LFPR by Age Group for PA and U.S. (2018 - 2022) Source: U.S. Bureau of Labor Statistics. Local Area Unemployment Statistics. Pennsylvania 65-74and 75+ data estimated by IFO. 2022 is estimated by IFO using BLS data through 4.1 Pennsylvania Employment Projections (2022-2030) Source: 2018 through 2021 is from the U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics. Projections are by the IFO using IFO population projections and assuming at 5% unemployment rate and various Hits: 2 |
2024_Wage_Contract_Summary_Table.pdf12/14/2023 0 0 0 1 2 PSSU PA Social Services Union, Hearing Officers SEIU Service Employees International Union, Local 668 7/1/2023 6/30/2027 9/19/2023 65 116 159 200 540 SEIU UC Referees Service Employees International Union, Local 668 - Unemployment Compensation 7/1/2023 6/30/2027 2/15/2024 0 1 1 2 4 SEIU Healthcare Service Hits: 2 |
2022_Mid_Year_Update.pdfProfessional and Technical 8 11 2.1 2.8 Admin-Waste Management -44 -46 -13.6 -16.8 Education (excludes local SD) 2 -9 1.0 -3.7 Healthcare-Social Assistance -43 -48 -4.1 -4.7 Arts-Entertainment -28 -18 -23.2 -24.0 Accommodation-Food Service -84 -70 -17.2 -17.2 All Govt (includes local SD) -23 -31 -3.3 -4.5 All Other Sectors -48 -33 -5.7 -4.0 Note: Data not seasonally Hits: 2 |
2019_Wage_Contract_Summary_Table.pdf0.2 0.3 0.4 0.9 PSSU Pennsylvania Social Services Union, Hearing Officers SEIU Service Employees International Union, Local 668 7/1/2019 6/30/2023 8/12/2019 25.6 56.3 89.3 119.0 290.1 SEIU UC Referees Service Employees International Union, Local 668 - Unemployment Compensation Referees 7/1/2019 6/30/2023 5/7/2020 0.2 0.4 0.6 0 Hits: 2 |
2013-07 Monthly Economic Summary.pdfVirginia ($403 million), Delaware ($217 million) and Maryland ($218 million) trailed Pennsylvania in gaming tax revenue. Many analysts believe that location is the primary considera- tion for consumers who patronize Pennsylvania’s casinos. For example, 80 percent of Philadelphia’s Parx casino cus- tomers live within 20 miles of the facility. 3 The Pennsylvania business model caters to local residents and offers fewer amenities than New Jersey’s full service resorts—and, it ap- pears to be successful. Pennsylvania Hits: 2 |
PensionsRetirement Incentives in the Public Sector (1995) Rate of Employer Contribution for the Alternate Retirement Program (1994) Current Structure of Local Government Retirement Systems and Recommended Establishment of a Statewide Retirement System (1992) Employer Contribution Rate for Optional Alternate Retirement Program (1991) Fiduciary Responsibility and Liability for Pennsylvania Local Government Employee Retirement Systems (1989) Study of Method for Setting Employer Contribution Rates to Optional Alternate Retirement Programs (1984) Cost- Hits: 2 |
About IFOpremiums and financial institutions taxes; working on performance-based budgeting and tax credit reports; and reporting on the state and local tax burden. Other responsibilities include working on projects related to natural gas and property taxes and projecting several department expenditures analysis. Mathieu Taylor Fiscal Analyst III Mr. Taylor joined the IFO in 2018 and his primary responsibilities include state and local pension analysis as well as leading performance-based budget reports. Other responsibilities include working on special projects pertaining to debt Hits: 2 |
WJ-Presentation-Natural-Gas-7-14-20.pdfliquid fuels taxes down in FY19-20, projected to decline further in FY20-21. IFO to release report estimating local revenue losses (county, municipal, school). Recent Trends – Decline and Deceleration July 14, 2020 10 2018 2019 2020 Q4 Q1 Q2 Hits: 1 |
TC_Board_Hearing_Jan_10_2023.pdffully developed supply chain) ▪ Wage income of $282m = $9m in additional PIT revenue ▪ Unclear if tax credit deciding factor in location decision | other incentives used Recommendations ▪ Credit should be subject to annual cap | limits impact on state revenues ▪ Sale of credits Hits: 1 |
SR2017-06.pdftable provides detail on the IFO’s county estimates. The data are based on the county in which properties are located and may not align precisely with previously published county-based information on school property taxes. Such analyses typically place multi- Hits: 1 |
SR2014-03-presentation.pdfService Computations for the real estate tax rate include these assumptions or scenarios: Earned income tax revenues (various rates): Other local revenues ($53.6 million) held constant. 16.Dec.2014 14 Real Estate Tax Computation 0.5% 1.0% 1.5% Hits: 1 |
Senate_Maj_Policy_Comm_April_13_2021.pdfand Technical -19 -1 -5.3% -0.2% Administration and Waste Management -68 -36 -21.4% -11.9% Education (excludes local SD) -37 -31 -14.4% -12.1% Healthcare-Social Assistance -109 -49 -10.3% -4.6% Arts-Entertainment -56 -30 Hits: 1 |
Revenue-Estimate-2020-05-Presentation.pdfEstimate Estimate Individual Provisions Federal Grants Economic Impact Payments $10.8 State Governments $5.8 State UC Payments 6.2 Local Governments 2.4 Federal UC Payments 13.9 Healthcare Providers 1.9 SNAP 0.3 Educational Institutions 0.5 Business Hits: 1 |
Revenue-Estimate-2019-05-Presentation.pdfHospitality 12.4 9.1 4.9 7.8 State-Federal Government 1.1 -0.2 -1.3 1.0 Local Government -2.3 0.5 1.0 -0.7 All Other Sectors 9.6 4.5 8.9 6.1 Hits: 1 |
Revenue Conference Presentation Jan 2013 FINAL.pdfEconomic Driver: Consumer Spending Consumers must drive economic growth. o Comprise 70% of economic activity. o Federal, state and local budgets are constrained. o Weak overseas demand. Sales and Use Tax collections have been very weak. o July to Hits: 1 |
REU-2019-12.pdfdue to lower than projected quarterly payments (-$53.2 million). Prior to the implementation of the cap on state and local tax (SALT) deductions under the federal Tax Cuts and Jobs Act (TCJA), taxpayers had an incentive to pay their last Hits: 1 |
Response-Letter-09-12-2019.pdfto $50,000 and decrease the property tax burden threshold from 15 percent to 10 percent. For homeowners not located in Pittsburgh, Philadelphia or Scranton, increase all supplemental rebates to $1,000. Homeowners in the aforementioned cities would receive supplemental Hits: 1 |
RB_2024_04_Job_Change.pdffrom the prior year. The government sector expanded by 12,900 (+1.9%) payroll jobs due to employment growth at local school districts (4,700) and federal (3,200) jobs. The accommodation-food service sector expanded by 15,000 (+3.4% Hits: 1 |
RB_2024_03_Child_Care.pdfrate paid to participating child care providers is sufficient to ensure equal access compared to families paying private tuition at local child care programs through a Market Rate Survey (MRS) or pre-approved alternative methodology. An MRS must occur every third Hits: 1 |
RB_2023_12_Cigarette_Tax_Collections.pdfcigarette sales in Pennsylvania: a federal tax ($1.01 per pack), a state tax ($2.60 per pack) and a local tax for sales that occur in Philadelphia ($2.00 per pack). The figure below displays the contraction in cigarette tax Hits: 1 |
RB_2023_03_Rental_Assistance.pdfover $1.6 billion in funds between the two program rounds, with approximately two-thirds ($1.1 billion) distributed to local governments through the Department of Human Services (DHS). Government agencies were permitted to use a portion of the funds for Hits: 1 |
RB_2023_02_ChildCare.pdfpayroll child care workers and exclude self-employed individuals and government employers. For 2021, QCEW data show that federal and local governments employed roughly 1,200 child care workers. Source: Worker data from BLS QCEW (Quarter 2 2022). Regional funding from Hits: 1 |
RB_2022_09_Student_Loan_Forgiveness.pdfthe budget window. 3 These amounts include a pro-ration to Pennsylvania for borrowers who did not report their state location ($92.0 billion, 3.6 million borrowers). For data see https://studentaid.gov/data-center/student/portfolio. 4 The income Hits: 1 |
RB_2022_09_SNAP_Changes.pdfa member who works 20 hours per week at $15 per hour ($1,200 per month, $1,052 after state-local income and employee payroll taxes). Households could gain significant benefits if members work less to move below the threshold. While Hits: 1 |
RB-2020-03 County Income Patterns.pdfproprietor income (i.e., partnerships, sole proprietors and independent contractors), which may be due to technical issues related to business location versus owner residence. Conversely, the strong growth for Juniata County was driven by robust growth of non-farm proprietor income Hits: 1 |
RB-2015-04.pdf25 $7.25 $7.25 $7.25 $7.25 Note: Thousands of workers. Non‐farm payroll employment based on employment location. CPS data based on residence of employee. Source: Non‐farm payroll employment from the U.S. Bureau of Labor Statistics Hits: 1 |
RB 2019 Natural Gas Royalties.pdfmany Pennsylvania landowners. Firms pay royalties based on the revenues received from the sale of natural gas extracted from wells located on a landowner’s property. Pennsylvania law mandates a minimum royalty rate of 12.5 percent of the market value Hits: 1 |
QRE_FY14-15.pdfAccount 2.4 million 1 The transfer is to be made from amounts available to the board for local law enforcement grants pursuant to 4 Pa.C.S. §1408, which provides for transfers to the board from the State Gaming Fund Hits: 1 |
Publicity - Economic and Budget Outlook - 2014.pdfBudget Outlook: Fiscal Years 2014-15 to 2019-20 Date and Time: Thursday, November 13, 2014; 1:30 p.m. Location: Harrisburg University of Science and Technology Conference Center, Fourteenth Floor 326 Market Street, Harrisburg (enter from Market Street, Fourth Street Hits: 1 |
PSERS_Stress_Test_Impact_Analysis_2024.pdfforecast projects that the Commonwealth will contribute $53.0 billion in General Fund revenues (2.7% of total revenues) to local school districts for employee pensions. The baseline projections also detail the projected employer contribution rate (includes funding for the Premium Hits: 1 |
PSERS_Stress_Test_Impact_Analysis_2023.pdfforecast projects that the Commonwealth will contribute $46.5 billion in General Fund revenues (2.3% of total revenues) to local school districts for employee pensions. The baseline projections also detail the projected employer contribution rate (includes funding for the Premium Hits: 1 |
Presentation_PICPA_12-3-2014.pdf600,000 new enrollees. • Some uncertainty over the ACA. Continued Contraction for Government Sector. • Federal government sheds Postal Service jobs. • Local gov’t contracts due to shrinking pupil base and pensions. Exception: Labor Force Participation Rates. • Forecast assumes a small increase Hits: 1 |
Presentation_Lancaster_Chamber_2017-07-14.pdfHealthcare-Social 14.3 11.2 23.7 29.4 Leisure-Hospitality 5.1 7.5 13.1 11.2 Local Government -7.3 -6.8 -0.9 0.3 State-Federal Government -2.0 0.3 0.9 -1.5 Hits: 1 |
Presentation_2017_02_10_EPLC.pdf10.Feb.2017 22 Source Amount Percent Property Tax $12,285 44.5% Earned Income $1,476 5.4% Other Local Sources $2,126 7.7% Act 1 Allocations (slots) $530 1.9% State (exclude Act 1) $9,492 34.4% Hits: 1 |
Presentation_2016-05-13_KRFS_Economic_and_Revenue_Outlook.pdf13.4 10.2 Healthcare‐Social 14.4 11.8 14.5 Leisure‐Hospitality 5.3 9.5 14.7 Local Gov’t ‐7.5 ‐7.5 ‐4.0 State‐Federal Gov’t ‐2.0 1.4 1.0 All Other Hits: 1 |
Presentation-Initial-Revenue-Estimate-2018-05.pdf7.9 12.4 8.6 8.0 State-Federal Gov’t 0.2 1.0 -0.6 -1.0 Local Gov’t -6.7 -2.2 0.6 -1.0 All Other Sectors 1.5 9.7 6.4 4 Hits: 1 |
Presentation-2019-01-Mid-Year-Update.pdf7.9 12.4 8.6 10.8 State-Federal Gov’t 0.2 1.0 -0.6 -0.3 Local Gov’t -6.7 -2.2 0.6 -1.0 All Other Sectors 1.5 9.7 6.4 7 Hits: 1 |
Presentation-2018-10-Performance-Based-Budget-Board.pdf2018 Results First Model Results First is a capacity-building initiative that provides tools and technical assistance to state and local governments to implement evidence-based policymaking 11 Social policy areas: Behavioral Health Criminal Justice Education Public Health Monetize costs and Hits: 1 |
Presentation-2018-06-PICPA.pdf7.9 12.4 8.6 8.0 State-Federal Gov’t 0.2 1.0 -0.6 -1.0 Local Gov’t -6.7 -2.2 0.6 -1.0 All Other Sectors 1.5 9.7 6.4 4 Hits: 1 |
Presentation-2018-06-Philly-Pitt-Chambers.pdf7.9 12.4 8.6 8.0 State-Federal Gov’t 0.2 1.0 -0.6 -1.0 Local Gov’t -6.7 -2.2 0.6 -1.0 All Other Sectors 1.5 9.7 6.4 4 Hits: 1 |
Presentation-2018-06-PASBO.pdf7.9 12.4 8.6 8.0 State-Federal Gov’t 0.2 1.0 -0.6 -1.0 Local Gov’t -6.7 -2.2 0.6 -1.0 All Other Sectors 1.5 9.7 6.4 4 Hits: 1 |
PICPA Presentation_ June 11, 2019.pdfHospitality 12.4 9.1 4.9 7.8 State-Federal Government 1.1 -0.2 -1.3 1.0 Local Government -2.3 0.5 1.0 -0.7 All Other Sectors 9.6 4.5 8.9 6.1 Hits: 1 |
PBB_Board_Hearing_Apr_28_2021.pdfincreased by 605 (47.7%) ▪ Use of force complaints increased by 280 (86.2%) Act 57-2020 establishes database of local police officer separation records ▪ Key measures to monitor: # LEAs enrolled | # Officer separation records | # Reports filed for hires with negative separation Hits: 1 |
PBB-Board-Hearing-Jan-22-2020.pdfon time DEP continues to address legacy coal mining and oil/gas drilling More than 1 million structures are located above abandoned mines 12,000 abandoned wells identified | ~200,000 more not identified January 22, 2020 19 DEP Metric Hits: 1 |
Official-Revenue-Estimate-2020-06-Presentation.pdfEstimate Estimate Individual Provisions Federal Grants Economic Impact Payments $10.8 State Governments $5.9 State UC Payments 6.0 Local Governments 2.4 Federal UC Payments 14.7 Healthcare Providers 2.1 SNAP 0.4 Educational Institutions 0.5 Business Hits: 1 |
NGPR_2022_Q4.pdfThe PA Average is a weighted average of the Dominion South and Transco Leidy trading hubs. The Henry Hub is located in Louisiana. Growth rates are year-over-year. Table 5: Regional Spot Price Trends CreationDate: 2023-03-02 15:52 Hits: 1 |
NGPR_2022_Q3.pdfThe PA Average is a weighted average of the Dominion South and Transco Leidy trading hubs. The Henry Hub is located in Louisiana. Growth rates are year-over-year. $1.00 $2.00 $3.00 $4.00 $5.00 $6.00 Hits: 1 |
NGPR_2022_Q2.pdfThe PA Average is a weighted average of the Dominion South and Transco Leidy trading hubs. The Henry Hub is located in Louisiana. Growth rates are year-over-year. Table 5: Regional Spot Price Trends $1.00 $2.00 $3.00 Hits: 1 |
NGPR_2021_Q4.pdfThe PA Average is a weighted average of the Dominion South and Transco Leidy trading hubs. The Henry Hub is located in Louisiana. Growth rates are year-over-year. Table 5: Regional Spot Price Trends $1.00 $1.50 $2.00 Hits: 1 |
NGPR_2021_Q3.pdfThe PA Average is a weighted average of the Dominion South and Transco Leidy trading hubs. The Henry Hub is located in Louisiana. Growth rates are year-over-year. $1.00 $1.50 $2.00 $2.50 $3.00 $3.50 Hits: 1 |
NGPR_2021_Q2.pdfThe PA Average is a weighted average of the Dominion South and Transco Leidy trading hubs. The Henry Hub is located in Louisiana. Growth rates are year-over-year. $0.75 $1.25 $1.75 $2.25 $2.75 $3.25 Hits: 1 |
NGPR_2020_Q4.pdfThe PA Average is a weighted average of the Dominion South and Transco Leidy trading hubs. The Henry Hub is located in Louisiana. Growth rates are year-over-year. Table 5: Regional Spot Price Trends $0.75 $1.25 $1.75 Hits: 1 |
NGPR_2020_Q3.pdfThe PA Average is a weighted average of the Dominion South and Transco Leidy trading hubs. The Henry Hub is located in Louisiana. Growth rates are year-over-year. Table 5: Regional Spot Price Trends $0.75 $1.25 $1.75 Hits: 1 |
NGPR-2022-Q1.pdfThe PA Average is a weighted average of the Dominion South and Transco Leidy trading hubs. The Henry Hub is located in Louisiana. Growth rates are year-over-year. Table 5: Regional Spot Price Trends $1.00 $1.50 $2.00 Hits: 1 |
NGPR-2021-Q1.pdfThe PA Average is a weighted average of the Dominion South and Transco Leidy trading hubs. The Henry Hub is located in Louisiana. Table 5: Regional Spot Price Trends $0.75 $1.25 $1.75 $2.25 $2.75 $3.25 Hits: 1 |
NGPR-2020-Q2.pdfThe PA Average is a weighted average of the Dominion South and Transco Leidy trading hubs. The Henry Hub is located in Louisiana. Growth rates are year-over-year. Table 5: Regional Spot Price Trends $0.75 $1.25 $1.75 Hits: 1 |
NGPR-2020-Q1.pdfThe PA Average is a weighted average of the Dominion South and Transco Leidy trading hubs. The Henry Hub is located in Louisiana. Growth rates are year-over-year. $0.75 $1.25 $1.75 $2.25 $2.75 $3.25 Hits: 1 |
NGIFE-2015.pdfthe previous calendar year. To date, the impact fee has generated approximately $856 million in revenues, which were distributed to local governments and state agencies to offset the impact from unconventional natural gas extraction. The proceeds are used to provide for Hits: 1 |
Municipal_Analysts_Presentation.pdf13 Service Sector Drives Job Gains Employment (000s) Change (000s) 2007 2017 Number Percent Manufacturing 659 552 -107 -16.2% Local Government 490 449 -41 -8.3% Wholesale-Retail 891 849 -42 -4.7% All Other Sectors 1,699 1,705 Hits: 1 |
MTR-2018-1.pdfis expected that tax filers are taking advantage of the final year of the uncapped federal deduction for state and local taxes (SALT), by overpaying for tax year 2017. This behavioral response to federal tax law changes is likely to result Hits: 1 |
MTR-2017-12.pdfDecember estimated payment was very strong as many taxpayers likely remitted payments early to qualify for the uncapped state and local tax deduction. It is also possible that some taxpayers overpaid their tax liability because the overpayments are currently deductible, but Hits: 1 |
MSC_March_31_2022.pdf9 1.3 120.4 Other Federal Programs Direct State Support 5.9 20.2 0.1 26.1 Direct Local Support 2.6 8.1 0.0 10.7 Other Support 6.8 3.0 0.0 9.8 Total Hits: 1 |
Monthly_Economic_Update_September_2020.pdfincome tax return. Major provisions of the act include: lower tax rates, a $10,000 cap on the state and local tax (SALT) deduction, a near doubling of the standard deduction, elimination of personal exemptions and an expansion of the child Hits: 1 |
Monthly_Economic_Update_Oct_2023.pdfFund through the Realty Transfer Tax (RTT); a 1% tax on the sales price of an existing home or business (local units also levy a 1% tax). Through September, calendar year-to-date RTT collections declined 31.6% compared to the Hits: 1 |
Monthly_Economic_Update_October_2020.pdfare not seasonally adjusted.) Of particular note, the education (-15.0% decline from last September), state government (-6.6%) and local government (-5.5%) sectors recorded stronger job losses compared to the prior month, while all other sectors recorded modest gains Hits: 1 |
Monthly_Economic_Update_November_2020_Final.pdfemployment and now work from home, are leaving the city for the suburbs and seek increased space and more affordable locations. This shift has led to an all-time high in the occupancy of single-family homes for rent. Due to Hits: 1 |
Monthly_Economic_Update_May_2020.pdfPublic Pension Funding Outlook Negative; Philadelphia Plan One of Most At-Risk The Center for State & Local Government Excellence published an article detailing public pension market returns for fiscal year (FY) 2020 and potential impacts going forward Hits: 1 |
Monthly_Economic_Update_January_2021.pdfrelative to the prior year. For November 2020, recent data from the U.S. Bureau of Labor Statistics reveal that local public school districts employed 268,800 staff, a decline of 5.5% (-15,700 jobs, not seasonally adjusted) from November Hits: 1 |
Monthly_Economic_Update_April_2021.pdfcomputer equipment, software and automation technology. These investments, in combination with the reduction in lower wage jobs (which are disproportionately located in low productivity growth sectors) likely drove productivity gains in 2020. Strong business investment in technology is expected to continue Hits: 1 |
Mid_Year_FY16-17_Presentation.pdfHospitality 5.3 9.5 12.3 7.4 State-Federal Govt -2.0 1.4 0.8 -1.2 Local Govt -7.5 -7.5 -3.4 -1.6 All Other 4.1 4.3 5.9 4.1 Total Hits: 1 |
MidYear_PublicBriefing_Jan2018.pdfDate: Monday, January 29 at 2:30 PM Location: Room 105, Rachel Carson State Office Building, 400 Market St, Harrisburg The Independent Fiscal Office will release a mid-year Hits: 1 |
MER-2014-09.pdfAugust, data from the U.S. Bureau of Labor Statistics (BLS) show 95,600 federal payroll jobs (average annual level) located in Pennsylvania. That Ðigure includes individuals em‐ ployed by the Department of Defense, Postal Service as well as many other Hits: 1 |
MER-2014-05.pdf5% in 2013:3 and 28.5% in 2013:4) (not shown in table). Total government includes federal, state and local levels. Government comprises roughly 13 percent of total GDP. In the recent past, the government sector has been a relative Hits: 1 |
Lancaster_Chamber_Presentation_ Oct_6_2021.pdf2% Professional and Technical 363 371 8 2.2% Admin and Waste Management 322 277 -45 -14.1% Education (excludes local SD) 200 204 4 2.1% Healthcare-Social Assistance 1,064 1,014 -50 -4.7% Arts-Entertainment 123 96 Hits: 1 |
Labor_Market_Update_Sept_2021.pdfnon-seasonally adjusted payroll jobs typically increase by 60,000 as many jobs are added in the education and government (local school districts) sectors, but are partially offset by losses in leisure-hospitality. For that reason, and because the data will Hits: 1 |
Labor_Market_Update_July_2021.pdfnon-seasonally adjusted payroll jobs typically decline in June due to reductions in the education (colleges and universities) and government (local school districts) sectors. The bottom portion of the table displays data for COVID-related traditional UC claims (excludes “normal” claims Hits: 1 |
Labor_Market_Update_Aug_2021.pdfJuly. However, non-seasonally adjusted payroll jobs typically decline in July largely due to a reduction in the government sector (local school districts). The summer jobs contraction was smaller than normal, possibly due to reductions that have already occurred. The computed Hits: 1 |
Initial_Revenue_Update_May_2023_Final.pdfChange Jobs Contraction Nursing and Residential Care 203 176 -28 -13.5% Full-Service Restaurants 196 182 -14 -7.3 Local Govt (exclude education) 180 169 -11 -6.1 Religious and Non-Profits 136 128 -8 -6.1 Jobs Expansion Warehouse Hits: 1 |
Initial_Revenue_Estimate_Presentation_May_2023_Final.pdfChange Jobs Contraction Nursing and Residential Care 203 176 -28 -13.5% Full-Service Restaurants 196 182 -14 -7.3 Local Govt (exclude education) 180 169 -11 -6.1 Religious and Non-Profits 136 128 -8 -6.1 Jobs Expansion Warehouse Hits: 1 |
Initial_Estimate_May_2017_Presentation.pdf14.4 13.2 Health-Social 11.2 23.7 18.7 Leisure-Hospitality 7.5 13.1 9.6 Local Gov’t -6.8 -0.9 -0.7 State-Federal Gov’t 0.3 0.9 0.1 All Other Hits: 1 |
IFO_Testimony_CR_June_29_2023.pdfadopted combined reporting after 2006 but were not included in this table because detailed revenue impact analyses could not be located. Texas also adopted mandatory combined reporting for its Margin Tax during this period, but this state is not included because Hits: 1 |
IFO_Response_Letter_May_16_2022.pdfestimate is $11.1 billion ($9.6 billion for the rate increase and $1.5 billion for the state and local tax on retirement income). Assuming an effective date of January 1, 2023, roughly $4.5 billion ($11.1 billion * 40% Hits: 1 |
IFO_Public_Briefing_May_2018_19.pdfDate: Tuesday, May 1st Time: 2:00 PM Location: Room 105, Rachel Carson State Office Building, 400 Market Street, Harrisburg The Independent Fiscal Office will release updated revenue forecasts Hits: 1 |
IFO_PASBO_Presentation_Nov_2021.pdf8% Accommodation and Food Service 479 403 -76 -15.9% Other Services 261 238 -24 -9.0% All Government (includes local SDs) 716 680 -36 -5.0% All Other 822 797 -25 -3.0% Note: Data are not seasonally adjusted. Figures Hits: 1 |
IFO_Letter_to_the_SCC.pdfpractices (BMPs) funded by the REAP Tax Credit during that year. The model would account for the type and geographic location of each BMP implemented. If the SCC or the Pennsylvania Department of Environmental Protection determines that the deployment of an Hits: 1 |
IFO_Job_Opportunity_Revenue_Analyst.pdfefficiently. ➢ Proficiency with Microsoft Excel. The ability to use statistical software (e.g., SAS or Stata) is a plus. Work Location: Rachel Carson State Office Building, 400 Market Street, Harrisburg, Pennsylvania Work Hours: Full-time salaried, Monday through Friday, two/three Hits: 1 |
IFO_Job_Opportunity_Deputy_Director.pdfprojects • Is knowledgeable about federal and state funding sources • Has experience reviewing and analyzing government budgets and tax policies Work Location: Rachel Carson State Office Building, 400 Market Street, Harrisburg, Pennsylvania Work Hours: Full-time salaried, Monday through Friday, two/three Hits: 1 |
IFO_Hearing_8-30-2017.pdfFY 2017-18 (May 2017) • Quarterly Revenue Review (May 2017) • Natural Gas Production Report Quarter 1 (May 2017) • State and Local Taxes: A Comparison Across States (May 2017) • Actuarial Note Transmittal for Senate Bill 1: A01354 and A01558 (June 2017) • Official Hits: 1 |
IFO_Analyst_Opening.pdfMicrosoft Office applications (e.g., Word and PowerPoint) and statistical software (e.g., SAS) is a plus. The IFO is located in Harrisburg, approximately one block from the Capitol Complex. Compensation is based on education, skills and experience. A comprehensive benefits Hits: 1 |
IFO ppt.pdfto expand. • Consumer Sentiment/Confidence key. Base much of outlook on labor market reports, especially unemployment rate. • For PA, state-local govt reductions appear to have abated for now. • Some room for guarded optimism. January 18, 2012 Independent Fiscal Office Economic Hits: 1 |
HTAE_2019_05_15.pdfHospitality 12.4 9.1 4.9 7.8 State-Federal Government 1.0 -0.2 -1.3 1.0 Local Government -2.2 0.5 1.0 -0.7 All Other Sectors 9.6 4.5 8.9 5.4 Hits: 1 |
House_Maj_Policy_Comm_Aug_30_2021.pdf031 -946 Total $2,773 -$3,247 $5,042 -$4,624 Note: Millions of dollars. PSERS includes both state and local school district contributions. Sources: Submissions supplied by SERS and PSERS in accordance with Act 37 of 2020. CreationDate: 2021-08- Hits: 1 |
House Appropriation Response Letter 2-28-2020.pdfEmployees International Union (OPEIU) Healthcare Pennsylvania , Pennsylvania Doctors Alliance (PDA), Pennsylvania Liquor Enforcement Association (PLEA), Service Employees International Union (SEIU) Local 668, SEIU Healthcare, United Food & Commercial Workers (UFCW), Management and Non- Represented Employees. 2 Other includes Environmental Hearing Board, Ethics Hits: 1 |
FTA_Presentation_Oct_24_2022.pdfthe program level ▪ Award credits based on objective data for maximum impact ▪ Identify most cost-effective BMP for farming operation/location Convert tax credit to a competitive grant ▪ Target operations that likely release high levels of pollution ▪ Provide up-front funds Hits: 1 |
Five_Year_Outlook_2019.pdfthe same rate as the regional CPI-U. Non-personnel expenses also include grants or subsidies made to local units and institutions. Forecasts for grants and subsidies generally assume that the relevant service population grows with demographic projections, and the average Hits: 1 |
EPLC_April_2024.pdfon U.S. participation rates for age groups and Pennsylvania’s population levels above age 65. Source: U.S. BLS Local Area Unemployment Statistics and U.S. Labor Force Statistics from the Current Population Survey. PA Labor Force Participation Rates Notes Hits: 1 |
Electricity_Update_Sep_2021.pdfJersey, prices were higher than Pennsylvania in 2016, and the differential widened through 2021. The average residential price in states located south or west of Pennsylvania were lower in 2016 (i.e., the price ratio was below 1.0), and the Hits: 1 |
Electricity_Update_March_2022.pdfJersey, prices were higher than Pennsylvania in 2016, and the differential widened through 2021. The average residential price in states located south or west of Pennsylvania were lower in 2016 (i.e., the price ratio was below 1.0), and the Hits: 1 |
Economic_and_Revenue_Update_2020_10.pdfwidely noted that lower-wage jobs have been disproportionately impacted by the pandemic. 4 The government sector includes local school districts and state supported higher education institutions. The education sector includes other colleges and universities, junior colleges, technical and trade schools Hits: 1 |
Econ Summit Presentation Feb 28 2017.pdfBureau. Service Sector Adds Jobs (000s) February 28, 2017 9 2008 2016 Change Percent Manufacturing 644 566 -78 -12.1% Local Government 493 448 -45 -9.1% Construction 254 234 -20 -7.9% Wholesale-Retail 883 864 -19 -2.1% All Hits: 1 |
Demographics_Outlook_2023.pdf26.5 6.0 Admin and Waste Management 75.7 16.2 8.1 25.6 5.8 Education (excludes local SD) 71.2 18.9 9.9 17.8 4.1 Healthcare-Social Assistance 73.6 18.8 7.6 Hits: 1 |
Congressional_Budget_Office_Nov_15_2022.pdfagency usually produces 600 to 800 cost estimates each year. Those estimates include the impact of federal mandates on state, local, and tribal governments. CBO also fulfills thousands of requests for technical assistance as lawmakers draft legislation. Furthermore, CBO tracks appropriation Hits: 1 |
Announcement-Updated_Revenue_Estimates_and_Report.pdfupdate to its five-year economic and budget outlook. Date and Time: Wednesday, January 27, 2016; 2:00 p.m. Location: 14 th Floor Conference Center, Harrisburg University, 326 Market Street, Harrisburg The new revenue estimates include: (1) a mid-year Hits: 1 |
Act_25_Letter_Feb_2022.pdfimplementation of a court of administrative order and immediate threats of serious physical harm. The data show that maintenance of local and select revenues comprise the great majority of exceptions eliminated by Act 25. February 11, 2022 Page 2 2012-13 Hits: 1 |
2020_Mid_Year_Update.pdf20.5 Leisure-Hospitality 9.1 4.9 6.1 State-Federal Gov’t -0.5 -1.0 2.9 Local Gov’t 0.7 0.7 0.2 All Other Sectors 4.5 8.9 4.0 Total Payroll Job Hits: 1 |
2019-Pub-2.pdfThe Independent Fiscal Office presents Fiscal Years 2019-20 to 2024-25 Date and Time Economic and Budget Outlook Location Agenda Guest Presenters Thursday, November 14, 2019 at 1:30 pm Harrisburg University of Science and Technology Conference Center, 14th Hits: 1 |
2015_Economic_and_Budget_Outlook.pdfBudget Outlook: Fiscal Years 2015-16 to 2020-21 Date and Time: Wednesday, December 9, 2015; 2:00 p.m. Location: 2 nd Floor Auditorium Rachel Carson State Office Building 400 Market Street, Harrisburg Agenda: A detailed discussion by IFO staff Hits: 1 |
2013-08 Monthly Economic Summary.pdffor these changes are 1) the rising importance of intellectual property in productivity, 2) the exposed vulnerabilities of state and local pension plans during the recession, and 3) to facilitate consistency of GDP measures across countries. 1 These changes are reflected Hits: 1 |
2013-03b Monthly Economic Summary.pdfequal to total income (e.g., wages, interest, capital gains, rent, dividends and social security income) less any federal, state, local and pay- roll taxes. Hence, DCI represents the net income that residents can use to spend, save or pay down Hits: 1 |
Right-to-KnowA sample request form ( PDF ) is available. All requests should include sufficient detail to allow the Open Records Officer to locate the information requested, and should include the requester's contact information. Requests should be sent to the IFO Open Records Hits: 1 |
Releasesover $4.7 million in statewide spending, supported 30 full-time equivalent jobs, and $238,000 in select state and local taxes. Full Report March 2024 Revenue Update April 01, 2024 | Revenue & Economic Update The Commonwealth collected $6.28 billion in Hits: 1 |
Pensions30, 2023. ... read more HB 1610 Summary • Miscellaneous 1891 D'Orsie Would require the proceeds from the sale of any local government asset to be deposited into the pension fund if the municipality manages a plan that is determined to be Hits: 1 |
Pensions2001 School and State Pension Legislation Enacted Since 2001 PA Public Employee Pension Statutes Public Employee Retirement Laws For Pennsylvania Local Governments (2009) IFO Pennsylvania Independent Fiscal Office Email Subscription Get alerts on new studies and reports. Sign Up Latest Tweets • (May 13) The IFO will release its Initial Revenue Estimate on Monday, May 20. The report will contain revisions to the FY 2023-24 estimate and an initial estimate for FY 2024-25. A presentation will take place at 1:30 PM on May 20. Register: forms.gle/UVJ41RTUXj8kPZ… pic.twitter.com/s7z6BvJTvm • (May 02) Interest earnings on General Fund surplus will surge to $780 million in FY 23-24, surpassing both realty transfer tax and cigarette tax revenues. See: ifo.state.pa.us/Resources/Docu… pic.twitter.com/gssVSOXmfQ • (May 01) Federal Affordable Connectivity Program ends April 2024. Internet service bills could increase by up to $360 per annum for 610,000 low-income households. See: ifo.state.pa.us/Resources/Docu… pic.twitter.com/GcXDJBK6TS Contact Info (717) 230-8293 contact@ifo.state.pa.us Follow on Twitter Independent Fiscal Office 2nd Floor Rachel Carson State Office Building 400 Market Street Harrisburg, PA 17105 viewport: width=device-width, initial-scale=1.0, maximum-scale=1.0 msapplication-TileColor: #ffffff msapplication-config: /Resources Hits: 1 |
Pensions205 of 1984) to: 1) make available a number of actuarial tools intended to provide short-term fiscal relief to local governments operating public pension plans; 2) establish a new municipal distress determination method using the pension plan ratio of assets Hits: 1 |