Contact Information 

Meadville District Office
900-920 Water Street
Downtown Mall
Meadville, PA  16335
Phone (814) 336-1136
Hours 8 a.m.- 4:00 p.m. (M-F)

Fairview Office (Mondays Only)
Fairview Township Building
7471 McCray Rd., Fairview, PA
Hours 9 a.m. - 4 p.m. (Monday)
1-800-770-2377

Cranesville Office (Thursdays Only)
Cranesville Borough Office
10195 John Williams Ave.
Cranesville, PA 16410
Phone: 1-800-770-2377
Hours 9 a.m. - 3 p.m. (Thursday)

Capitol Office
Hon. Brad Roae
151 East Wing
Harrisburg PA 17120-2006
Phone: (717) 787-2353
Fax: 717-782-2902

E-mail:
  broae@pahousegop.com

State Revenues Up Compared to Last Year
8/9/2014
QUESTION: Where does the state receive the revenue to pay for the annual budget?

ANSWER: Pennsylvania collects various taxes, fees and other non-tax revenues to pay for its annual budget.

Two of the taxes most individuals may be familiar with are the state Personal Income Tax and the state Sales and Use Tax (SUT). The state PIT is a little more than 3 percent, meaning the state collects three pennies out of every dollar earned by most Pennsylvanians. The state SUT is 6 percent in most parts of the Commonwealth. This tax is paid when people purchase taxable items.

Corporations in Pennsylvania pay a Corporate Net Income (CNI) tax. Pennsylvania’s CNI tax rate is one of the highest in the nation. While this brings in revenue for the state, it also can scare some businesses away from locating in the Commonwealth.

The state collected $2.2 billion in General Fund revenues during the month of July, the first month of the 2014-15 fiscal year.

Revenues increased by 16.8 percent over July 2013 collections when one-time revenue sources are included in the total. Excluding these one-time transfers, revenue collections showed a 5 percent year-over-year growth.

Notably, sales tax revenue grew by 6.4 percent year over year, an encouraging sign of economic growth as recovery is driven by consumer spending. Sales tax receipts totaled $862 million for the month of July. The state is expected to bring in approximately $9.5 billion in sales tax revenues and more than $12 billion in PIT revenue during the current fiscal year.

Other types of revenue included personal income tax totaling $835.9 million; corporation tax totaling $80.8 million; inheritance tax totaling $76 million; realty transfer tax totaling $41.4 million; cigarette, malt beverage, liquor and table games taxes totaling $98.6 million; and non-tax revenue totaling $251.6 million.

While these revenues represent just one month out of the 12-month fiscal year, it is a positive sign for our Commonwealth. Continued economic growth leads to increases in revenues, which helps to pay for government services without further burdening taxpayers.
Share |