Governor Tom Wolf and the Department of Revenue announced that Pennsylvania collected $4.0 billion in General Fund revenue in December, which was $319.9 million, or 8.6 percent, more than anticipated. Fiscal year-to-date General Fund collections total $19.7 billion, which is $503.1 million, or 2.6 percent, above estimate.
“Going into 2023, Pennsylvania is in a strong fiscal position,” said Gov. Wolf. “Year to date, we are 2.6 percent above our estimated revenue collections, which means we have $503.1 million in the bank above and beyond what we expected. That’s money that can be used to better support the people of Pennsylvania in the coming year, and I look forward to seeing what the new administration and the General Assembly will accomplish on behalf of Pennsylvanians.”
