Pennsylvania revenue up for the year

Pennsylvania is getting more revenue in state coffers this year, according to statistics from the Department of Revenue released on Wednesday.

Money generated from General Fund collections totaled $6.6 billion, according to fiscal year-to-date numbers released by Secretary of Revenue Daniel Meuser. Meuser said that is $500,000 above predictions.

September was a solid month, with Pennsylvania collecting $2.6 billion in General Fund revenue. Meuser said that is $11.2 million, or 0.4 percent, more than expected.

General Fund collections include categories such as sales tax receipts, personal income tax, corporation tax revenue, inheritance tax revenue, realty transfer taxes and revenue from sales of items such as cigarettes, malt beverages, liquor and table games.

Categories that performed well in September included sales taxes, where receipts totaled $777.3 million for the month, pushing the numbers $20.5 million above what officials estimated. Sales tax collections are 1.1 percent higher than officials expected for the year, totaling $2.4 billion.

Corporate tax collections are also above what officials anticipated with a total of $539.8 million collected for September, rising $93.7 million above estimates. In the year-to-date totals, corporate tax collections are 15 percent above expectations with the state taking in a total of $666.5 million.

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