Revenue Tracker

The Pennsylvania Budget and Policy Center produces a variety of reports, policy briefs, and other publications on state budget and tax policy, health care policy, education policy, poverty and public welfare, the economy, and several related issues. Below is an archive of all PBPC publications to date.

Browse by Issue: You can also browse PBPC publications by the following issue areas:

Tax and Budget     |     Education     |     Health and Family Security     |     PA Economy     |     Democracy

January 13, 2014

Halfway through the state's fiscal year, General Fund revenues are right on target — exceeding official estimates by a scant $2 million, or 0.02%. Tax and other collections in December came in $40 million, or 1.7%, below the monthly target, largely erasing the modest revenue surplus that had been generated so far.

December 18, 2013

General fund revenues are expected to grow by $830 million in the next fiscal year, but that isn't enough to pay for $1.7 billion in mandated spending increases. If any extra funding is added to basic education or any other non-mandated program, the gap grows larger. This leaves a hole in the budget that needs to be filled before passage.

November 11, 2013

While General Fund collections are on track with official 2013-14 estimates, they are not keeping pace with the slowly growing economy, and much of this can be traced to recent corporate tax cuts.

October 2, 2013

Collections in September are important to monitor as it is the first month of the fiscal year in which significant collections of quarterly personal income and corporate net income taxes are made.

 

September 5, 2013

While August tends to be one of the fiscal year’s smaller months for revenue collections, General Fund receipts last month show Pennsylvania’s budget is essentially on track two months into 2013-14.

August 5, 2013

Low revenue growth projected for 2013-14 likely means the commonwealth will be treading water in the coming year, with General Fund spending barely matching the inflation-adjusted buying power of the 2012-13 budget.

July 24, 2013

Monthly General Fund revenue collections during the 2012-13 fiscal year came in below projections almost as often as they came in above. All told, year-end receipts totaled $57 million, or 0.2%, more than the annual estimate.

June 5, 2013

General Fund revenue collections exceeded estimate in May. While this is good news, it appears that this year’s revenue surplus is unlikely to reach the $232 million forecast back in February by the Corbett administration.

 

Monthly archive