States feel budget pinch amid darkening revenue projections | Analysis
A slowing economy is hitting many states’ tax collections as they craft new budgets.
Pa. finished 2022 with $19.7B in tax collections; ahead of projections so far | Wednesday Coffee
December tax revenues totaled $4B, 8.6 percent ahead of estimates, officials said.
Pa. collected $2.8B in taxes in November; State still ahead of estimates | Tuesday Morning Coffee
Last month's haul was nearly $202M, or 6.8 percent, behind projections, officials said.
Pa. collected $3.1B in tax revenue in October; Sales tax, income tax collections increase
Sales tax and income tax revenues grew, even as other key indicators showed decreases, according to newly released state data.
Pa. collected $4.2B in tax revenue in September; $9.8B so far this year
Mirroring some of the confusion in the national economy, Pennsylvania’s tax collections for September also were a mixed bag, according to newly released state data. The commonwealth collected $4.2 billion in general fund revenue in September, coming in at $135.8 million, or 3.3 percent, ahead of projections. Three months into the 2022-23 fiscal year, the […]
Revenue Dept.: Pa. collected $3.8B in tax revenue in December
With Gov. Tom Wolf's last budget address just about a month away, the state has collected $22.6B for the fiscal year that ends on June 30.
Rocked by COVID economy, Pa. finishes 2019-20 budget year $3.2B in the red
The state finished the 2019-20 budget $3.2 billion, or 9.1 percent, below its expectations, collecting $32.3 billion in general fund revenues.
Pa. finished March ahead of projections for tax collections, Revenue Dept. says
Pennsylvanians are buying more. And vice continues to be big business, new state tax collection data indicates.