State budget bill is signed into law

IFO Details New Budget Impact - ButlerRadio.com - Butler, PA

After the $50.8 billion state budget was signed into law, the Pennsylvania Independent Fiscal Office has updated budget calculations for next year. The IFO says the new budget will be $500 million less than expected but is expecting to see a structural deficit of just over $5 billion. The deficit for this fiscal year will be $2.69 billion. The state will also make two months’ worth of payments to last year’s budget that will lead to a temporary …

Pennsylvania Lawmakers Strike Bipartisan Budget Deal, Though Key Policy Goals Remain Unresolved

Gov. Josh Shapiro signed a $$50.8 billion state spending plan into law on Sunday, less than two weeks after Pennsylvania's constitutionally mandated June 30 deadline. The package passed with overwhelming bipartisan backing — 211 of the General Assembly's 252 members voted in favor — marking the fifth consecutive year the commonwealth has delivered a late budget. The final figure lands roughly $2.4 billion below the $53.2 billion proposal Shapiro…

Gov. signs $50.8 billion state budget

The Pennsylvania state budget passed July 12 after a two-week delay.

How did Pennsylvania up its rainy day fund in this year's budget?

Pennsylvania lawmakers and Gov. Josh Shapiro approved a $50.8 billion state budget over the weekend that did not raid the state’s rainy day fund, instead adding nearly $1 billion to it. Shapiro’s initial plan called for a nearly $4.7 billion dip into the state’s savings, which Republican leaders in the Legislature insisted would hurt the state’s credit rating and lead to future tax hikes. It would have taken the account from north of $7 billion …

State budget bill is signed into law

Pennsylvania lawmakers and the governor came together on Sunday to approve and sign a budget for the 2026-27 fiscal year, putting to bed concerns that negotiations would be as protracted as last year.

Pa.’s new $50.8 billion budget delivers millions for Philadelphia communities. Here’s where the money goes

The Pennsylvania General Assembly passed a $50.8 billion state budget Sunday and Gov. Josh Shapiro signed it into law. What’s in the state’s fiscal 2027 budget that would be critical for the Black community?