Begin Main Content Area
Media > Revenue > Details

02/03/2020

Revenue Department Releases January 2020 Collections

Harrisburg, PA — Pennsylvania collected $3.1 billion in General Fund revenue in January, which was $83.6 million, or 2.8 percent, more than anticipated, Revenue Secretary Dan Hassell reported today. Fiscal year-to-date General Fund collections total $18.7 billion, which is $158.5 million, or 0.9 percent, above estimate.

Sales tax receipts totaled $1.1 billion for January, $32.5 million above estimate. Year-to-date sales tax collections total $6.9 billion, which is $75.2 million, or 1.1 percent, more than anticipated.

Personal income tax (PIT) revenue in January was $1.6 billion, $3.1 million above estimate. This brings year-to-date PIT collections to $7.8 billion, which is $96.2 million, or 1.3 percent, above estimate.        

January corporation tax revenue of $134 million was $3.2 million below estimate. Year-to-date corporation tax collections total $1.8 billion, which is $129.9 million, or 6.8 percent, below estimate.

Inheritance tax revenue for the month was $92.8 million, $6.4 million above estimate, bringing the year-to-date total to $648.5 million, which is $20.7 million, or 3.3 percent, above estimate.

Realty transfer tax revenue was $49.5 million for January, $7.9 million above estimate, bringing the fiscal-year total to $330.4 million, which is $5 million, or 1.5 percent, more than anticipated.

Other General Fund tax revenue, including cigarette, malt beverage, liquor and gaming taxes, totaled $129.7 million for the month, $12.6 million above estimate and bringing the year-to-date total to $1.1 billion, which is $9.2 million, or 0.9 percent, above estimate.

Non-tax revenue totaled $17.9 million for the month, $24.3 million above estimate, bringing the year-to-date total to $279.4 million, which is $82.1 million, or 41.6 percent, above estimate.

In addition to the General Fund collections, the Motor License Fund received $225 million for the month, $1.8 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 $1.6 billion, which is $4.1 million, or 0.3 percent, below estimate.

Media Contact: Jeffrey Johnson, 717-787-6960

Share This