HARRISBURG, PA — The Pennsylvania Liquor Control Board (PLCB) has announced unaudited financial results for fiscal year 2023-24, with total wine and spirits sales reaching an impressive $3.18 billion. This figure, inclusive of liquor and sales taxes, represents an increase of $29.7 million, or 0.9%, compared to the previous fiscal year.
Despite the rise in overall sales, the PLCB reported a drop in net income, which totaled $242.1 million—a decline of $18.7 million, or 7.2%, year-over-year. The decrease was largely attributed to higher payroll and benefit costs, as well as unfavorable changes in actuarial valuation expenses tied to pensions and other post-employment benefits.
The PLCB contributed a substantial $868.3 million to state and local governments, as well as other beneficiaries, during the fiscal year. Notably, contributions to the state’s General Fund—used to support schools, public safety, and health services—exceeded $811.2 million. These allocations included $448.7 million from liquor tax revenue, $177.4 million from state sales tax, and $185.1 million from direct cash transfers.
Other key contributions included $33 million to the Pennsylvania State Police for liquor law enforcement, $11.9 million in local sales tax revenue to Philadelphia and Allegheny counties, $4.4 million returned to municipalities through licensing fees, and $4.8 million directed to the Department of Drug and Alcohol Programs.
Among its additional initiatives, the PLCB authorized $2.2 million in grants to support the state’s beer and wine industries and awarded $1.7 million in alcohol education grants aimed at combating underage and dangerous drinking.
The report highlights the PLCB’s role not only as a major revenue generator for Pennsylvania but also as a vital contributor to public safety and community programs.
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