The proposed 2014-15 budget provides no increase in the basic education subsidy line, leaving that allocation at $5.5 billion. Instead, the plan adds $251 million in other new classroom funding, which is still $430 million below 2010-11.
We have BIG news that will make Keystone Research Center’s Annual Awards Reception on June 1 at the Hilton Harrisburg especially exciting and exclusive this year. Our guest speaker will be Gov. Tom Wolf! He will begin speaking promptly at 5:30 p.m. You won’t want to miss what the governor has to say as the legislature returns to session and budget negotiations reach fever pitch.
This brief looks at the different ways property tax relief can be structured in Pennsylvania and why for lower- and middle-income homeowners, homestead relief provides more bang for the buck than millage rate cuts.
This is PBPC's press statement on the Independent Fiscal Office Initial 2015-16 Revenue Estimate and how it relates to efforts to increase education funding and fix the commonwealth's structural deficit.
PBPC hosted its annual Pennsylvania Budget Summit in Harrisburg, providing an in-depth look at the state and federal budget plans and what they mean for communities and families across Pennsylvania. Check out online resources from the Summit.
HARRISBURG, PA (March 3, 2015) — Stephen Herzenberg, executive director of the Keystone Research Center (KRC) issued the following statement on behalf of KRC and the Pennsylvania Budget and Policy Center:
“Gov. Tom Wolf’s first budget would get Pennsylvania back on the right track by investing in the future to help our economy grow more rapidly and making progress towards getting the state’s fiscal house in order.
Gov. Tom Wolf presented his 2015-16 State Budget Proposal on March 3. The Pennsylvania Budget and Policy Center will be posting analysis, infographics and related documents on this page as they become available. Check back often for the latest updates.
HARRISBURG, Pa. (Feb. 18, 2015) – The Better Choices for Pennsylvania Coalition released today a list of 19 recommendations to make Pennsylvania’s tax system fairer. State and local taxes require low- and middle-income workers to pay more of their income in taxes than the highest-income Pennsylvanians, making it hard to raise sufficient funds for public schools, higher education, health care and other vital services.
HARRISBURG, Pa. (Feb. 11, 2015) -- In response to Gov. Wolf’s announcement this morning of a proposed severance tax on natural gas, Michael Wood, research director of the Pennsylvania Budget and Policy Center, released the following statement:
“Enacting a severance tax on the extraction of natural gas in Pennsylvania is long overdue. We, therefore, applaud Gov. Wolf’s proposal earlier today to establish such a tax at the same rate as neighboring West Virginia’s tax.