Pennsylvania Revenues Come in Below Estimate for January

State revenue collections fell short of estimates last month, according to the Pennsylvania Departmetn of Revenue.

January revenue collections were off slightly as the state collected almost 19 million dollars less than anticipated, a difference of eight-tenths of a percent.

Still, boosted by December’s better than expected performance, the fiscal year to date General Fund collections are 1.1 percent ahead of estimates.

Sales tax receipts fell short by 59 million dollars in January. Inheritance tax, and other general fund revenue such as cigarette, malt beverage, liquor and table games taxes were below estimate for the month.

Personal income, Realty Transfer and Corporation taxes performed above estimate.