Here is another look at General Fund tax collections in the first two months of Pennsylvania’s 2011-12 Fiscal Year. As you can see, collections so far this year have exceeded pre-recessionary levels – a positive sign.
Revenue collections for September will be released as early as late Friday. September collections are important to monitor because they include quarterly corporate and personal income tax payments. They should give us a much better idea of what to expect in future months.
So far, so good.