Revenue Department Releases November 2018 Collections

​Harrisburg, Pa. — Pennsylvania collected $2.3 billion in General Fund revenue in November, which was $95.5 million, or 4.3 percent, more than anticipated, Revenue Secretary Dan Hassell reported today. Fiscal year-to-date General Fund collections total $12.4 billion, which is $333.6 million, or 2.8 percent, above estimate.

Since the start of the 2018-19 fiscal year, overall tax revenue is $913.3 million, or 8.2 percent, more than was collected in the same period of the last fiscal year.

Sales tax receipts totaled $910.2 million for November, $45.4 million above estimate. Year-to-date sales tax collections total $4.7 billion, which is $140 million, or 3.1 percent, more than anticipated.

Personal income tax (PIT) revenue in November was $834.8 million, $30.2 million below estimate. This brings year-to-date PIT collections to $4.9 billion, which is $71 million, or 1.4 percent, below estimate.

November corporation tax revenue of $138 million was $27.3 million above estimate. Year-to-date corporation tax collections total $1.1 billion, which is $207.1 million, or 23.7 percent, above estimate.

Inheritance tax revenue for the month was $81.8 million, $5.1 million below estimate, bringing the year-to-date total to $430.7 million, which is $4 million, or 0.9 percent, above estimate.

Realty transfer tax revenue was $46.4 million for November, $700,000 below estimate, bringing the fiscal-year total to $228.8 million, which is $4.7 million, or 2 percent, less than anticipated.

Other General Fund tax revenue, including cigarette, malt beverage, liquor and gaming taxes, totaled $167.7 million for the month, $10.1 million above estimate and bringing the year-to-date total to $759.7 million, which is $10.5 million, or 1.4 percent, below estimate.

Non-tax revenue totaled $157.8 million for the month, $48.7 million above estimate, bringing the year-to-date total to $261.9 million, which is $68.7 million, or 35.6 percent, above estimate.

In addition to the General Fund collections, the Motor License Fund received $260.8 million for the month, $14.4 million above estimate. Fiscal year-to-date collections for the fund — which include the commonly known gas and diesel taxes, as well as other license, fine and fee revenues — total $1.2 billion, which is $21.4 million, or 1.8 percent, below estimate.