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Gov. Wolf: PA Ends December with Strong Year-to-Date Revenues, Sets Stage for 2023

By Soapbox Group
January 6, 2023
  • Pennsylvania
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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.”

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Our national team includes lawyers and professionals with experience in federal, state and local government with specialists in public policy, law, business, and public affairs. We help clients to anticipate, mitigate, and leverage matters of government through innovative, holistic public policy and regulation strategies.

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