This report for the second quarter of 2016 and the calendar year-to-date uses data collected by the PA Department of Environmental Protection to develop statewide and county-level tabulations of production volume and well counts.
This report provides quarterly revenue estimates for the General Fund, Motor License Fund and Lottery Fund. The quarterly estimates are based on: (1) the FY 2016-17 projections contained in the Official Revenue Estimate published by the Independent Fiscal Office on June 15, 2016 and (2) adjustments to reflect the impact of statutory changes that were enacted with the state budget.
Examination of the performance of IFO revenue estimates for the past four budget cycles (August 2016).
The Commonwealth collected $1.97 billion in General Fund revenues for July, a decrease of $162.5 million (-7.6%) compared to July 2015.
See pages 3 and 4 for more detail on the General Fund.