HARRISBURG – Pennsylvania collected $4.4 billion in General Fund revenue in March, which was $294.6 million or 6.2% less than anticipated. State Revenue Secretary Dan Hassell said March’s shortfall was only partially related to the COVID-19 outbreak. He anticipates that the pandemic will have a greater impact on revenues in the coming months, particularly in April when many tax filing due dates are pushed back. In March, sales tax, personal income tax, and corporate tax revenue were below estimates while inheritance tax and realty transfer taxes were above estimates. Other General Fund tax revenue, including cigarette, malt beverage, liquor, and gambling taxes were above estimates.

DAN HASSELL