A closer look: Gov. Wolf proposes 6.5 percent severance tax in budget proposal

A closer look: Gov. Wolf proposes 6.5 percent severance tax in budget proposal

As part of his $32.3 billion spending plan for FY 2017-2018, Gov. Tom Wolf is counting on nearly $294 million from a 6.5 severance tax on natural gas extracts, less an impact fee credit.

 

What will it look like and how is it being received?

Thursday, February 9, 2017/Author: Jason Gottesman
Categories: News and Views
Republicans wary over Wolf-proposed-budget’s silence on cost drivers

Republicans wary over Wolf-proposed-budget’s silence on cost drivers

Though less combative than in past years following budget addresses by Gov. Tom Wolf, Republican leaders Tuesday offered their reaction to the governor’s FY 2017-2018 budget address.

 

Senate Republicans were first up to offer their spin on the governor’s proposed $32.3 billion spending plan, noting their concern that the governor was silent on major budget cost-drivers like pension reform and long-term care where Senate Majority Leader Jake Corman (R-Centre) said the governor “offered nothing to restructure the problem."

Tuesday, February 7, 2017/Author: Jason Gottesman
Categories: News and Views
IFO revises revenue estimates down

IFO revises revenue estimates down

The Independent Fiscal Office Wednesday released a revised revenue estimate for the current fiscal year, prognosticating that the General Fund will end up with a with $250 million less than they anticipated in their last revenue estimate in November.

Wednesday, January 25, 2017/Author: Jason Gottesman
Categories: News and Views
Gov. Wolf continues defense of prison closure process

Gov. Wolf continues defense of prison closure process

Making his bi-weekly appearance on KDKA 1020 AM’s morning show with Larry Richert and John Shumway, Gov. Tom Wolf defended the process being used to vet the closure of two state correctional institutions.

 

“In the past, as I understand, what would happen is the Secretary of Corrections would say ‘We are going to open this prison or close that prison,’ and boom, that was it,” he said. “This time, I thought in the interest of transparency, say we need to close two prisons and here are five we’ve narrowed the list down to the prime candidates and we’re going to make a decision about that by January 26th.”

Tuesday, January 24, 2017/Author: Jason Gottesman
Senate committees examine potential impacts of looming prison closures

Senate committees examine potential impacts of looming prison closures

Three days before the Wolf administration is set to announce the shuttering of two state correctional institutions, the Senate Republican and Democratic Policy committees and the Senate Judiciary Committee held a joint hearing to discuss and learn of the potential impacts the closures could have on the state and local communities.

 

Citing cost-saving measures in response to the state budget deficit, five facilities are on the list of potential closures, which are slated to occur by June 30, 2017: SCI Mercer in Mercer County, SCI Retreat in Luzerne County, SCI Frackville in Schuylkill County, SCI Waymart in Wayne County and SCI Pittsburgh in Allegheny County. 

Monday, January 23, 2017/Author: Alanna Koll
Categories: News and Views
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