Transparency Portal
Pennsylvania
FY1998 - 2017 Revenue Volatility
3.7

50-State Benchmark
FY1998 - 2017 Revenue Volatility
5.0

What is the Revenue Volatility Score?

Volatility in tax collections can pose challenges for states, making it difficult to forecast revenue, craft a budget, and manage long-term priorities. Over the last twenty years, Pennsylvania has maintained a relatively stable tax base, especially compared to states highly dependent on energy production.  However, due to COVID-19, early projections suggest revenue shortfalls that exceed even those of the Great Recession. A low score means that revenue levels were similar from year to year, and a high score indicates that revenue grew or declined more dramatically.


Source: Pew Charitable Trusts's Fiscal 50: State Trends and Analysis. Pew's analysis removes tax policy changes to assess both a state's overall revenue and their largest, specific sources of revenue. Please see https://www.pewtrusts.org/en/research-and-analysis/data-visualizations/2014/fiscal-50#ind6 for additional information.