Pennsylvania Department of Revenue

Revenue Shortfall
1:00 pm
Wed April 2, 2014

Pennsylvania Tax And Revenue Collections Continue To Fall Short

Three months until the end of the 2013-14 fiscal year, Pennsylvania’s revenue collections are 0.5  percent short of estimates.

The Department of Revenue reports  through the first nine months of FY 13-14 it has collected  $20.5 billion — $96.3 million behind approximations — but spokeswoman Elizabeth Brassell said that number “disguises the fiscal reality.”

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Taxes
1:49 pm
Tue March 4, 2014

PA Tax Collections Down for 3rd Straight Month

Pennsylvania’s coffers continue to be not as full as state officials anticipated. For a third straight month, revenue collections were lower than expected. 

According to the Department of Revenue, Pennsylvania pulled in $1.6 billion in funds in February which was 2.1 percent below projections. For the first eight months of the fiscal year, total revenues are 0.5 percent less than estimates.

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Taxes
3:30 am
Mon December 16, 2013

Department of Revenue Encourages Pennsylvanians to Apply for Rebate

Many Pennsylvanians will start the New Year with a little extra money in their pockets, but that’s only if they apply for a tax rebate rebate.

The Department of Revenue is encouraging eligible adults to apply for Pennsylvania’s Property Tax/Rent Rebate Program before the deadline on Dec. 31.

Department spokeswoman Maia Warren said the holidays are a great time to remind older friends and relatives to apply.

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Economy & Business
1:01 pm
Wed September 4, 2013

State Tax and Revenue Collection Behind Projections

Two months into the new fiscal year, Pennsylvania’s revenue collections seem to be lagging just a little behind, with the Pennsylvania Department of Revenue’s General Fund bringing in $3.7 billion— 0.1 percent below estimate.

In August, corporation tax, inheritance tax and realty transfer tax all fell below the state’s projections. Only sales, cigarette, alcohol and table game tax revenues were above estimates.

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Economy
3:30 am
Mon June 24, 2013

Property Tax/Rent Rebate Application Deadline Pushed Back

Pennsylvanians feeling the pressure to hurry up and fill out their property tax/rent rebate application by June 30 can breathe a little more easily because the deadline has been extended to December 31.

The due date was pushed back because the Pennsylvania Department of Revenue has additional funds to pay the rebates.

Spokeswoman Elizabeth Brassell said the deadline has been pushed back every year for the past 10 years she has worked at the department.

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Economy
5:08 pm
Tue April 2, 2013

Pennsylvania Tax Revenues Down in March

Though Pennsylvania collected $4.2 billion in revenues in March, that number was $69.4 million, or 1.6 percent, below what was projected.

Despite last month's shortfall, the PA Department of Revenue says that from July through March collections totaled $20.3 billion, which is $35.5 million, or 0.2 percent, above estimate.

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Lottery Deal
12:00 pm
Thu February 28, 2013

Contracts Show State Could Pay $1.2 Million for Lottery Consultants

A deal to privatize the Pennsylvania Lottery has hit a snag, but contracts with the two private firms advising the commonwealth on the plan means the state has some bills to pay.

The state could be on the hook for something on the order of $1.2 million dollars for work by its consultants on a deal to turn over the operations of the lottery to British firm Camelot Global Services.

Attorney General Kathleen Kane rejected the contract, but if the deal had gone through, payment to the two advisors could have been much higher – total pay was capped at $30 million.

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