Pennsylvania Collects $2.7 Billion in in July 2021

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HARRISBURG, PA — Pennsylvania collected $2.7 billion in General Fund revenue in July, the first month of the 2021-22 fiscal year, reported Revenue Secretary Dan Hassell.

Sales tax receipts totaled $1.2 billion in July.

Personal income tax (PIT) revenue in July was $959.1 million.

Corporation tax revenue was $190.5 million for July.

General Fund revenue figures for July included $117.3 million in inheritance tax and $34.1 million in realty transfer tax.

Other General Fund revenue, including cigarette, malt beverage, liquor and gaming taxes totaled $133.6 million for the month.

Non-tax revenue totaled $28.4 million for the month.

In addition to the General Fund collections, the Motor License Fund received $234.4 million for the month, which includes the commonly known gas and diesel taxes, as well as other license, fine and fee revenues.

July collection data does not include a comparison against anticipated amounts because revenue estimates for each month are not yet finalized.

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