Dept. of Revenue Releases November Stats

moneyThough the state’s leaders cannot agree on how to spend the money, the PA Dept. of Revenue hasn’t slowed down, collecting $1.8 billion in November.

$10.7 billion have been funneled into the state’s coffers since the fiscal year started on July 1st, Revenue Secretary Eileen McNulty announced Tuesday.

PA’s 6% sales tax – the subject of much debate in recent weeks – pulled in over $760 million in November. Another pawn in the budget negotiations, the personal income tax, pulled in slightly more, just over $765 million.

Corporations operating in PA paid $61.6 million throughout the month, $4 million less than individuals who inherited money from the deceased during the same time.

The state’s Motor License Fund collected over $218 million dollars through gas and diesel taxes, McNulty reported.

The fourth biggest money maker for the state was its tax on cigarettes, liquor and table games, generating over $106 million last month. Gov. Tom Wolf had insisted on several new taxes early in the budgeting process, including a $1 fee on every pack of cigarettes sold in the state.

One Response

  1. It might be useful to know how much the state government spent in the same period. Somehow I think the government’s expenditures are exceeding revenue and pension liabilities continue to accrue.

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