Pennsylvania Revenue Department Releases July Collections

HARRISBURG, Pa., Aug. 1, 2014 /PRNewswire-USNewswire/ -- Pennsylvania collected $2.2 billion in General Fund revenue in July, the first month of the 2014-15 fiscal year, Secretary of Revenue Daniel Meuser reported today.

Sales tax receipts totaled $862 million, personal income tax revenue was $835.9 million and corporation tax revenue was $80.8 million for July.

General Fund revenue figures for July included $76 million in inheritance tax and $41.4 million in realty transfer tax. 

Other General Fund revenue, including cigarette, malt beverage and liquor and table games taxes totaled $98.6 million for the month.

Non-tax revenue totaled $251.6 million for the month.

In addition to the General Fund collections, the Motor License Fund received $242.4 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: Maia Warren, 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



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http://www.state.pa.us

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