IFO revises current-year revenue estimates down $900 million from initial estimate

IFO revises current-year revenue estimates down $900 million from initial estimate

As lawmakers work to craft a FY 2017-2018 spending plan in the waning days of the current fiscal year, the Independent Fiscal Office on Thursday released its statutorily-required revenue estimate for the current and coming fiscal year, showing a $900 million downward revision from the revenue estimate made at the beginning of the fiscal year.

Friday, June 16, 2017/Author: Jason Gottesman
Categories: News and Views
GOP leadership holds high-level budget planning pow-wow

GOP leadership holds high-level budget planning pow-wow

In what is likely the beginning of an exhaustive series of high-level budget-related discussions among leadership between the House and Senate, Republican leaders gathered in the Senate Majority Leader’s office Wednesday morning to work on establishing a roadmap and timetable for wrapping up a budget for the coming fiscal year.

Wednesday, June 14, 2017/Author: Jason Gottesman
Categories: News and Views
Reed on budget optimism: “Better this year than previous years”

Reed on budget optimism: “Better this year than previous years”

With public pension reform signed into law Monday, lawmakers will soon turn their attention to crafting a state spending plan, which is due in just 18 days as of this writing.

 

While high-level five-party negotiations have not been the norm in crafting the coming year’s spending plan, The PLS Reporter caught up with House Majority Leader Dave Reed (R-Indiana) who relayed that with pension reform completed and budgetary pieces like a gaming expansion bill making their way to the finish line, negotiations are likely to heat up soon.

Monday, June 12, 2017/Author: Jason Gottesman
Categories: News and Views
VIDEO: Gov. Wolf signs Senate Bill 1

VIDEO: Gov. Wolf signs Senate Bill 1

Gov. Tom Wolf was joined by a bipartisan group of legislators as he signed Senate Bill 1, which extensively revises pension provisions.

Monday, June 12, 2017/Author: Kara Barmoy
Categories: Video

Allegheny County state legislative delegation activity for the week of June 5

The state General Assembly wrapped up another legislative session week. 

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

Friday, June 9, 2017/Author: Alanna Koll
Categories: Pittsburgh
RSS
First234567891011Last