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November Tax Collections Above Estimate
12/03/2007

The Pennsylvania state revenue secretary reported the state collected $1.7 billion in taxes in November, the fifth month of the 2007-2008 fiscal year. The November total was $89.4 million, or 5.6 percent, more than anticipated.

Sales tax receipts totaled $677.5 million, personal income tax revenue in November was $679.7 million, corporation tax revenue of $108.8 million, $61.6 million in inheritance tax, realty transfer tax was $38.9 million. Other General Fund revenue -- including the cigarette, malt beverage and liquor tax -- totaled $121.8 million for the month. The Motor License Fund received $180.1 million for the month.

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