A joint public hearing of the Senate Education Committee and the Senate Appropriations Committee reviewed the Total Experience Learning Program today, which leads students in experience-based learning activities and trains teachers in new methods to improve student outcomes. [Read More]
NOVEMBER 2023 Highlights Total General Fund tax revenues were $118.6 million, or 3.9%, above the monthly estimate. Total General Fund revenue collections for the first four months of the fiscal year are short of estimate by $47.5 million, or 0.4%. Personal income tax exceeded estimate for the month of October by $35.6 million, or 2.8%, but remains below estimate on the fiscal year by $77 million, or 1.5%. Consumer spending remains stagnant, as sales and use tax collections failed to meet estimate for the fourth consecutive month in the fiscal year. [Read More]
September 2023 Highlights General Fund revenue collections of $2.9 billion in August were below the monthly estimate by $27.1 million, or 0.9%. For the 2023-24 Fiscal Year to date, total General Fund revenues are $27.2 million, or 0.5%, lower than the Official Revenue Estimate through the month of August. New collective bargaining agreements with the […] [Read More]
August 2023 Highlights Total General Fund revenues were $185.3 million, or 6.9%, higher than last year at this time. General Fund tax revenue was $129.1 million, or 4.9%, more than last year. Corporate net income tax collections were $31.3 million, or 20.8%, higher than July 2022 collections. Fiscal Year 2023-24 Revenues Off to a Good […] [Read More]
The Highlights General Fund tax revenues were $90.7 million lower than the monthly estimate in May, the third time in the past five months that tax revenues have failed to meet projections. For the 2022-23 Fiscal Year, Personal Income Tax collections are nearly $400 million below projections. The non-partisan Independent Fiscal Office is projecting General […] [Read More]
The Highlights Tax revenues in April were $15.3 million below estimate, indicating a potential moderation of state revenues. Personal income tax collections were $322 million below estimate – 10% lower than projected. For the 2022-23 Fiscal Year, revenue collections remain $1.2 billion higher than estimates, driven largely by corporation taxes that are nearly 19% above […] [Read More]
The Senate Appropriations Committee concluded three weeks of hearings on the proposed 2023-24 budget Friday with the Office of the Budget and Department of General Services. [Read More]
Public review of the proposed 2023-24 state budget continued Thursday with Senate Appropriations Committee hearings on the budget requests for the Department of Health and Department of Transportation. [Read More]
The Senate Appropriations Committee reviewed the budget request for the Department of Human Services on Wednesday. [Read More]
The need to create jobs and keep young residents in Pennsylvania were among the topics covered in Tuesday’s Senate Appropriations Committee hearings on the budget requests for the Department of Community and Economic Development and Department of Corrections. [Read More]
