Believe it or not: there’s still no revenue agreement

Believe it or not: there’s still no revenue agreement

Another day ticked down to when Gov. Tom Wolf must make a decision regarding an unbalanced budget and state legislative leaders were still far apart Friday on getting to a global agreement on a revenue package of more than $2 billion to close out the FY 2016-2017 fiscal year and bring in to balance the current year’s spending plan, which is currently before the governor.

 

Speaking to reporters after a Friday House voting session that saw members vote on housekeeping measures, House Majority Leader Dave Reed (R-Indiana) reiterated a message he sent to his fellow House Republicans on Thursday: there is no revenue deal.

Friday, July 7, 2017/Author: Jason Gottesman
Categories: News and Views
Revenue discussions continue as lawmakers work to meet Monday deadline

Revenue discussions continue as lawmakers work to meet Monday deadline

With June 30th coming and going, so goes another month of revenues and the close of the FY 2016-2017 budget year; however, unlike previous months, June’s revenue did come in slightly over estimate.

 

According to figures reported by the Pennsylvania Department of Revenue, the Commonwealth’s General Fund revenues for the month of June came in just more than $11 million over estimate. While major revenue generators like the personal income and sales and use tax were down, the corporate net income tax and inheritance tax outpaced estimates to put the Commonwealth in the black for the month of June.

Wednesday, July 5, 2017/Author: Jason Gottesman
Categories: News and Views

Allegheny County state legislative delegation activity for June 26

The state General Assembly completed another busy session week.

Here's what the Pittsburgh and Allegheny County legislative delegation were up to. 

Monday, July 3, 2017/Author: Alanna Koll
Categories: Pittsburgh
Budget, revenue talks roll on with little discernible end

Budget, revenue talks roll on with little discernible end

We’re now just two days from the end of Pennsylvania’s current fiscal year and talks among top lawmakers about how to close out the current fiscal year and balance the coming fiscal year’s budget are still taking top priority at the state Capitol, but substantial agreement has yet to be seen.

Wednesday, June 28, 2017/Author: Jason Gottesman
Categories: News and Views

Rotunda Ramblings - Episode 45: Rep. Joe Markosek (D-Allegheny)

We have a budget-focused podcast this week where we sit down with House Appropriations Committee Democratic Chairman Joe Markosek (D-Allegheny) to discuss where things stand with developing a balanced FY 2017-2018 spending plan, what House Democrats hope to see out of the budget and related bills, and what needs to be done to rid Pennsylvania of its perennial structural deficit.

Friday, June 16, 2017/Author: Jason Gottesman
Categories: Rotunda Ramblings
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