01.08.2017 23:39:00
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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
View original content:http://www.prnewswire.com/news-releases/pennsylvania-revenue-department-releases-july-collections-300497908.html
SOURCE Pennsylvania Department of Revenue
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