Revenue Department Releases July Collections

HARRISBURG, Pa., Aug. 1, 2011 /PRNewswire-USNewswire/ -- Pennsylvania collected $1.7 billion in General Fund revenue in July, the first month of the 2011-12 fiscal year, Secretary of Revenue Daniel Meuser reported today.

Sales tax receipts totaled $743.8 million; personal income tax revenue was $663.9 million; and corporation tax revenue was $78 million for July.

General Fund revenue figures for July included $66.3 million in inheritance tax and $27.7 million in realty transfer tax.  

Other General Fund revenue, including cigarette, malt beverage, liquor and table games taxes totaled $113.3 million for the month.

Non-tax revenue totaled $27.1 million for the month.

In addition to the General Fund collections, the Motor License Fund received   $191.1 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: Elizabeth Brassell, 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