FY 2014-2015 Mid-year Budget Briefing
Thursday, December 11, 2014
Budget Secretary Charles Zogby gave the Commonwealth's mid-year budget briefing on December 3, 2014. The report can be found at the link below.
July 11 Commonwealth Budget Call Available
Tuesday, July 22, 2014
On July 11, CCAP hosted a conference call regarding the 2014-2015 Commonwealth budget and Fiscal Code provisions signed into law on July 10. The call has been archived so members who were not able to participate can still hear the updates and discussion.
County Budget Analysis Available
Friday, July 11, 2014
CCAP has completed an analysis of the final FY 2014-2015 budget agreement signed into law on June 10. Additional details on the impact to county government can be found at the link below.
FY 2014-2015 Budget Signed with Line Item Veto
Thursday, July 10, 2014
On July 10, Governor Corbett signed the FY 2014-2015 budget (HB 2328) and the Fiscal Code (HB 278) with certain line item vetoes.
Commonwealth Budget Call Available
Tuesday, July 8, 2014
On June 27, CCAP hosted a conference call regarding the pending 2014-2015 Commonwealth budget. The call has been archived so members who were not able to participate can still hear the updates and discussion.
FY 2014-2015 Budget Agreement Announced
Monday, June 30, 2014
On June 29, the Senate Appropriations Committee amended and reported HB 2328, the FY 2014-2015 budget bill. The adopted budget amendment is expected to be the final budget agreement. A spreadsheet outlining the adopted budget amendment is linked below, and will continue to be updated as more information is available. A narrative analysis will also be posted later this week.
A final vote in the House and Senate on HB 2328 is expected today (June 30).
House Republicans Offer Budget Proposal
Tuesday, June 24, 2014
The House Appropriations Committee amended HB 2328 today with the House Republican budget proposal, which totals $29.1 billion, a $536 million increase over FY 2013-2014 but less than the $29.4 billion budget proposed by Gov. Corbett in February. CCAP's preliminary analysis of the impact on county budget lines is linked below and will be updated as more information becomes available. Note that this represents just one caucus's version of a spending plan, and the General Assembly continues to work toward a final FY 2014-2015 budget.
Independent Fiscal Office Releases Official FY 2014-2015 Revenue Projections
Friday, June 20, 2014
The state’s Independent Fiscal Office (IFO) has released its revised revenue estimate for FY 2013-2014 and its official revenue estimate for FY 2014-2015. The General Fund estimate for FY 2013-2014 is $28.5 billion, which is $103 million lower than the prior fiscal year.
For FY 2014-2015, revenues are projected to be $29.4 billion, a 3.2 percent increase from the prior year. Compared to the IFO’s initial projections in May, the estimates for FY 2013-2014 have decreased by $3 million and FY 2014-2015 have decreased by $92 million. Relative to the Executive Budget published in February, these projections are $572 million lower for FY 2013-2014 and $870 million lower for 2014-2015, for a two-year difference of $1.44 billion.
Updated Budget Advocacy Materials Available
Monday, May 12, 2014
As has been reported, a continuing and significant trend of state revenues falling short of projections is adding to an already tight budget outlook for FY 2014-2015. CCAP has updated county budget talking points and provided updated sample communications to send to legislators. Advocacy materials are available on the Legislative Action Center, and human services budget fact sheets are posted on this web page in the right-hand column.
Independent Fiscal Office Releases Initial FY 2014-2015 Revenue Projections
Thursday, May 1, 2014
The state's Independent Fiscal Office (IFO) has released its initial revenue projections for FY 2014-2015, which the Office is required by statute to produce as an aid to the General Assembly’s budget deliberations. The IFO also released revised FY 2013-2014 revenue estimates, which are $608 million lower than the projection issued by the IFO at the beginning of the fiscal year.
For FY 2014-2015, revenues are projected to be $29.5 billion, a 3.5 percent increase. Relative to the Executive Budget presented in February, these projections are $569 million lower for FY 2013-2014 and $778 million lower for FY 2014-2015, for a two-year difference of $1.35 billion. These amounts exclude proposed statutory changes.
County Budget Messaging and Fact Sheets
Thursday, February 13, 2014
CCAP has developed budget fact sheets and talking points to assist counties in their budget messaging and advocacy for FY 2014-2015. Fact sheets are available here on the Budget News and Updates page in the right-hand column, and talking points are posted to the Legislative Action Center.
House and Senate Appropriations Committees Hold Budget Hearings
Tuesday, February 11, 2014
The House and Senate Appropriations Committees will be holding budget hearings with the heads of state agencies to discuss the Governor's FY 2014-2015 proposal. Links to the schedules of hearings are below, and the hearings can be viewed live on PCN.
Governor Corbett Unveils 2014-2015 Budget Proposal
Tuesday, February 4, 2014
Today, Governor Corbett presented his FY 2014-2015 budget proposal. The provided link to the Office of the Budget contains copies of the executive budget, slide presentations and other details. Attached is a spreadsheet comparing proposed line items with county impact to the current fiscal year.
Commonwealth Budget Address - Tuesday, February 4, 2014
Wednesday, January 29, 2014
The House and Senate will convene in joint session next Tuesday, February 4, to hear the annual budget address which will preview the Governor Corbett’s proposed FY 2014-2015 budget. This is the formal kickoff to budget season.
The joint session will begin at 11:00 a.m., with the Governor to begin his address shortly after. It is typically broadcast live on the Pennsylvania Cable Network, as well as through streaming video on a variety of web sites (listed below).
Following the budget address, CCAP will be analyzing proposed funding levels. You will be able to find a spreadsheet on the on this webpage by the end of the day Tuesday with funding in the Governor’s proposed FY 2014-2015 budget. That spreadsheet will be updated throughout the week, and additional analysis will be provided in the February 7 issue of the Legislative Bulletin, as well as future issues of the Bulletin and the Update.