(June 19) IFO Official Revenue Estimate and Governor Corbett Budget Update

The Independent Fiscal Office (IFO) on June 16 released the Official Revenue Estimate for Fiscal Year 2014-15, and on June 17, Governor Corbett held a press conference to provide an update on the ongoing budget negotiations given the revenue picture.

IFO Official Revenue Estimate for FY 2014-15

IFO Press Release

No surprises here. Pennsylvania’s state budget picture is bad Charles Thompson, Pennlive, 6/17/14

Corbett grapples with economics and politics of a $572 million deficit Steve Esack. The Morning Call, 6/16/14

Deadlines and commitments: Corbett shrugs off June 30 Mary Wilson, Witf, 6/17/14     

No surprise: State still has a revenue problem, IFO says Andrew Staub, Pennsylvania Independent, 6/17/14

Pennsylvania fiscal office projects $520M revenue shortfall Kate Giammarise, Pittsburgh Post-Gazette, 5/1/14

Corbett prepared to miss budget deadline to get his initiatives done Angela Couloumbis, The Inquirer, 6/18/14

 

 

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