Commonwealth Reports $2.3 Billion in Revenue Collected November 2020

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HARRISBURG, PA — Pennsylvania collected $2.3 billion in General Fund revenue in November, reported Revenue Secretary Dan Hassell. Fiscal year-to-date General Fund collections total $14.8 billion.

November collection data does not include a comparison against anticipated amounts because monthly revenue estimates for the fiscal year are not yet finalized. As part of the state budget recently signed by Gov. Tom Wolf, an amendment to the Fiscal Code requires the Department of Revenue to revise revenue estimates for the 2020-21 Fiscal Year. Work to publish those monthly estimates is ongoing.

  • Below is an overview of November revenue collections:
  • Sales tax receipts totaled $984.3 million in November.
  • Personal income tax (PIT) revenue in November was $683.9 million.
  • Corporation tax revenue was $140.9 million for November.
  • General Fund revenue figures for November included $94.6 million in inheritance tax and $55.1 million in realty transfer tax.
  • Other General Fund revenue, including cigarette, malt beverage, liquor and gaming taxes totaled $176.8 million for the month.
  • Non-tax revenue totaled $203.0 million for the month.
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In addition to the General Fund collections, the Motor License Fund received $257.7 million for the month, which includes the commonly known gas and diesel taxes, as well as other license, fine and fee revenues.

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