The Department of Revenue reported late today Pennsylvania collected $1.6 billion in General Fund revenue in October, $283.4 million, or 14.7 percent, less than anticipated. Fiscal year-to-date General Fund collections total $7.4 billion, which is $564.8 million, or 7.1 percent, below estimate. (See announcement)
If this trend continues, the state could see a $1.7 billion deficit for the fiscal year. (See analysis)
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