|By PR Newswire||
|February 4, 2014 04:14 PM EST|
HARRISBURG, Pa., Feb. 4, 2014 /PRNewswire-USNewswire/ -- Pennsylvania collected $2.4 billion in General Fund revenue in January, which was $43.5 million, or 1.8 percent, less than anticipated, Secretary of Revenue Daniel Meuser reported today. Fiscal year-to-date General Fund collections total $14.6 billion, which is $40.9 million, or 0.3 percent, below estimate.
Sales tax receipts totaled $814.2 million for January, $6.9 million below estimate. Year-to-date sales tax collections total $5.4 billion, which is $22.4 million, or 0.4 percent, less than anticipated.
Personal income tax (PIT) revenue in January was $1.2 billion, $71.3 million below estimate. This brings year-to-date PIT collections to $6.1 billion, which is $100.5 million, or 1.6 percent, below estimate.
January corporation tax revenue of $131.9 million was $30 million above estimate. Year-to-date corporation tax collections total $1.4 billion, which is $87.9 million, or 6.5 percent, above estimate.
Inheritance tax revenue for the month was $68.7 million, $3.1 million below estimate, bringing the year-to-date total to $481.9 million, which is $8.9 million, or 1.8 percent, below estimate.
Realty transfer tax revenue was $31.4 million for January, $2.1 million below estimate, bringing the fiscal-year total to $232.7 million, which is $9 million, or 3.7 percent, less than anticipated.
Other General Fund tax revenue, including cigarette, malt beverage, liquor and table games taxes, totaled $91.3 million for the month, $2.8 million below estimate and bringing the year-to-date total to $835.2 million, which is $11 million, or 1.3 percent, below estimate.
Non-tax revenue totaled $25.6 million for the month, $12.8 million above estimate, bringing the year-to-date total to $134.1 million, which is $23 million, or 20.7 percent, above estimate.
In addition to the General Fund collections, the Motor License Fund received $205.7 million for the month, $1.3 million below estimate. Fiscal year-to-date collections for the fund – which include the commonly known gas and diesel taxes, as well as other license, fine and fee revenues – total $1.4 billion, which is $11.1 million, or 0.8 percent, below estimate.
For more information, visit www.revenue.state.pa.us.
Media contact: Elizabeth Brassell, 717-787-6960
SOURCE Pennsylvania Department of Revenue
Sep. 25, 2016 09:45 AM EDT Reads: 1,758
Sep. 25, 2016 09:45 AM EDT Reads: 4,255
Sep. 25, 2016 09:00 AM EDT Reads: 1,527
Sep. 25, 2016 08:15 AM EDT Reads: 1,458
Sep. 25, 2016 08:00 AM EDT Reads: 1,666
Sep. 25, 2016 08:00 AM EDT Reads: 1,481
Sep. 25, 2016 08:00 AM EDT Reads: 1,495
Sep. 25, 2016 06:30 AM EDT Reads: 2,802
Sep. 25, 2016 05:45 AM EDT Reads: 1,609
Technology vendors and analysts are eager to paint a rosy picture of how wonderful IoT is and why your deployment will be great with the use of their products and services. While it is easy to showcase successful IoT solutions, identifying IoT systems that missed the mark or failed can often provide more in the way of key lessons learned. In his session at @ThingsExpo, Peter Vanderminden, Principal Industry Analyst for IoT & Digital Supply Chain to Flatiron Strategies, will focus on how IoT de...
Sep. 25, 2016 05:30 AM EDT Reads: 990
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Sep. 25, 2016 04:45 AM EDT Reads: 1,512
SYS-CON Events announced today that China Unicom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. China United Network Communications Group Co. Ltd ("China Unicom") was officially established in 2009 on the basis of the merger of former China Netcom and former China Unicom. China Unicom mainly operates a full range of telecommunications services including mobile broadband (GSM, WCDMA, LTE F...
Sep. 25, 2016 04:15 AM EDT Reads: 1,686
SYS-CON Events announced today that Roundee / LinearHub will exhibit at the WebRTC Summit at @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LinearHub provides Roundee Service, a smart platform for enterprise video conferencing with enhanced features such as automatic recording and transcription service. Slack users can integrate Roundee to their team via Slack’s App Directory, and '/roundee' command lets your video conference ...
Sep. 25, 2016 04:15 AM EDT Reads: 1,383
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Sep. 25, 2016 03:15 AM EDT Reads: 3,353
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Sep. 25, 2016 02:45 AM EDT Reads: 1,716