Pennsylvania Revenue Department Releases July Collections

HARRISBURG, Pa., Aug. 1, 2012 /PRNewswire-USNewswire/ -- Pennsylvania collected $1.8 billion in General Fund revenue in July, the first month of the 2012-13 fiscal year, Secretary of Revenue Daniel Meuser reported today.

Sales tax receipts totaled $800.5 million; personal income tax (PIT) revenue in July was $692.6 million; and corporation tax revenue was $110 million for July.

General Fund revenue figures for July included $68.1 million in inheritance tax and $33.3 million in realty transfer tax. 

Other General Fund revenue, including cigarette, malt beverage and liquor and table games taxes totaled $107.5 million for the month.

Non-tax revenue totaled $32.2 million for the month.

In addition to the General Fund collections, the Motor License Fund received $229.7 million for the month, which includes the commonly known gas and diesel taxes, as well as other license, fine and fee revenues.

For more information, visit www.revenue.state.pa.us.   

Media contact: Allison Roberts, 717-787-6960

Editor's Note: As in years past, July collection data does not include a comparison against anticipated amounts because revenue estimates for each month are not yet finalized. The August collections release will include comparisons of collections to estimates.

SOURCE Pennsylvania Department of Revenue