Pennsylvania Revenue Department Releases July Collections

HARRISBURG, Pa., Aug. 1, 2017 /PRNewswire-USNewswire/ -- Pennsylvania collected $ 2.1 billion in General Fund revenue in July, the first month of the 2017-18 fiscal year, Revenue Secretary Dan Hassell reported today.

Sales tax receipts totaled $912.7 million in July.

Personal income tax (PIT) revenue in July was $827 million.

Corporation tax revenue was $61.8 million for July.

General Fund revenue figures for July included $83 million in inheritance tax.

Other General Fund revenue, including cigarette, malt beverage and liquor and table games taxes totaled $138.4 million for the month.

Non-tax revenue totaled $22.1 million for the month.

In addition to the General Fund collections, the Motor License Fund received $248.6 million for the month, which includes the commonly known gas and diesel taxes, as well as other license, fine, and fee revenues.

July collection data does not include a comparison against anticipated amounts because revenue estimates for each month are not yet finalized.

Media Contact: Trevor J. Monk, 717-787-6960

SOURCE Pennsylvania Department of Revenue

Related Links

http://www.state.pa.us