ShareThis Page

State revenue up 3.5 percent in September

| Monday, Oct. 2, 2017, 2:51 p.m.

Pennsylvania's general fund revenue in September was $2.7 billion, a 3.5 percent increase from September 2016, according to a report by the Independent Fiscal Office.

The fiscal year-to-date figures are also up with the state collecting $6.9 billion since July, a 4.8 percent increase from the first quarter of 2016.

Tax revenue was up 3.7 percent with corporation tax revenue up 5.8 percent, consumption and sales tax revenue up 4.8 percent and personal income tax revenue up 3 percent.

Nontax revenue had a negative value in September, -$3 million, because of the state releasing about $22 million in unclaimed properties back to their owners. That loss in revenue was offset by other nontax revenue such as licenses and fees.

TribLIVE commenting policy

You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.

We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.

While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.

We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers

We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.

We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.

We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.

We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.