After years of deficits under Democratic Gov. Ed Rendel, Pennsylvania finds itself in the black, finishing the year with $785 million more in revenus than anticipated.
Pennsylvania collected $3.2 billion in General Fund revenue in June, which was $246.1 million, or 8.3 percent, more than anticipated, Secretary of Revenue Daniel Meuser reported Friday.
Fiscal year 2010-11 General Fund collections totaled $27.5 billion, which is $785.5 million, or 2.9 percent, above estimate.
Revenue Department Releases Fiscal Year 2010-2011 Collections
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