Friday, November 2, 2012

October Revenue Figures

The State Department of Revenue released figures from the previous month on November 1. Notable figures: Pennsylvania’s General Fund revenue was 3.6 percent higher than anticipated, $2 billion. Yet sales tax receipts and other General Fund tax revenue for October were both below estimates. Tax receipts totaled $755.3 million for October, $2.9 million below estimate, and other General Fund tax revenue was $125.7 million for the month, or $3.2 million below estimate.

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