Strong Revenue Numbers Mean Good News for Taxpayers

House Republicans held the line on state spending over multiple budget cycles, and now those smart fiscal policies are paying off. The 
House Appropriations Committee says revenue collections for the month of April were more than $4.4 billion, which is $465 million more than the Department of Revenue’s official estimate. For the 2018-19 fiscal year, general fund collections total $29.16 billion year-to-date, which is $828.5 million above the official revenue estimate. 

“Our caucus led the way on controlling the growth of state spending and standing up for taxpayers when the governor wanted to raise taxes,” said Rep. Stan Saylor (R-York), chairman of the House Appropriations Committee. “But just having more money doesn’t mean it’s time to spend it. It’s vital we continue to focus on controlling spending and creating a long-term surplus to protect taxpayers into the future.” 

Corporate tax, personal income tax and sales tax, in particular collections from internet sales, saw the largest increases in overall revenue with each of them coming in well above official estimates from the Department of Revenue. 

“Our commitment to opposing unfair and burdensome taxes on hard-working Pennsylvanians is proving to be the right move for our Commonwealth,” said Majority Leader Bryan Cutler (R-Lancaster). “These revenue numbers are just one part of the impact of fiscal responsibility and sound policy making and that work continues today, as the House is working on additional government regulatory reforms that will allow every Pennsylvanian to grow their own version of the American dream.” 

House Appropriations Committee Examines Governor's Budget Proposal

Members of the Pennsylvania House Appropriations Committee held a series of hearing to examine the governor's budget proposal.
>> Watch the hearings here.