Welcome to "Mike's Memo," an update on what's happening in the 48th Senatorial District and the State Capitol. If you haven't done so already, please take a moment to visit my website at www.senatorfolmer.com to learn more about my legislative priorities issues that may affect you and your family.
Week of September 24, 2018
PA Department of Revenue August 2018 Collections
According to a PA Department of Revenue media release, PA collected $2.3 billion in General Fund revenue in August, which was $27.1 million, or 1.2%, more than anticipated. Fiscal year-to-date General Fund collections total $4.5 billion, which is $26 million, or 0.6%, above estimate.
Sales tax receipts totaled $910.6 million for August, $35.6 million above estimate. Year-to-date sales tax collections total $1.9 billion, which is $35.6 million, or 1.9%, more than anticipated.
Personal income tax (PIT) revenue in August was $949.6 million, $20.5 million below estimate, however the monthly growth rate for all PIT was 5.6% higher compared to August 2017 collections. This brings year-to-date PIT collections to $1.8 billion, which is $20.6 million, or 1.1%, below estimate.
August corporation tax revenue of $83.7 million was $34.7 million above estimate. Year-to-date corporation tax collections total $183.2 million, which is $33.9 million, or 22.7%, above estimate.
Inheritance tax revenue for the month was $90.9 million, $0.6 million below estimate, bringing the year-to-date total to $176.1 million, which is $0.5 million, or 0.3%, below estimate.
Realty transfer tax revenue was $58.2 million for August, $0.9 million above estimate, bringing the fiscal-year total to $90.9 million, which is $0.9 million, or 1%, more than anticipated.
Other General Fund tax revenue, including cigarette, malt beverage, liquor and gaming taxes, totaled $173.4 million for the month, $10.3 million above estimate and bringing the year-to-date total to $293.6 million, which is $10.1 million, or 3.5%, above estimate.
Non-tax revenue totaled $7.8 million for the month, $33.3 million below estimate, bringing the year-to-date total to $38.9 million, which is $33.5 million, or 46.2%, below estimate.
In addition to the General Fund collections, the Motor License Fund received $250.8 million for the month, $13.2 million below estimate. Fiscal year-to-date collections for the fund – which include the commonly known gas and diesel taxes, as well as other license, fine and fee revenues – total $482.3 million, which is $13.2 million, or 2.7%, below estimate.
Spotted Lanternfly Calendar Contest for PA Students
To continue raising awareness about the threat of the Spotted Lanternfly, the PA Department of Agriculture announced a youth calendar contest for students across the state in grades 1-8. The Spotted Lanternfly is an inch-long, black, red and white spotted insect native to Southeast Asia first identified in PA in 2014. The invasive insect feeds on agriculture goods produced in the state, such as apples, grapes, hops and hardwoods.
Entries should include: one fact about the Spotted Lanternfly; original artwork created by the student; 11” x 17” poster, horizontally oriented, and; a complete contest submission rule taped to the back of the poster. The competition will run through October 31.
Entries will be judged in four divisions: first and second grade; third and fourth grade; fifth and sixth grade, and; seventh and eighth grade. The top three winning entries per grade will be featured in a calendar, and the grand prize winner will appear on the cover. The grand prize winner will be announced during a recognition ceremony during the 2019 Farm Show, and his or her school will win a spring assembly featuring prizes, activities and a special guest. Submissions should be sent to the PA Department of Agriculture Press Office, Room 210, 2301 North Cameron Street, Harrisburg, PA 17110.
Report Potholes and Poor Road Conditions
Potholes and other maintenance issues on state routes are reportable year-round to the PennDOT Customer Care Center. Motorists can also express concern with construction projects, signs and signals, speed limits and personal property damage by calling 1-800-FIX-ROAD (1-800-349-7623). Please provide details on location and a description of the issue. Urgent roadway concerns before 8 a.m. and after 5 p.m. should be reported directly to the appropriate PennDOT Regional Office.
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