Senator Pat Browne E-Newsletter

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Senate Appropriations Committee Report

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General Fund Revenues End Calendar Year 2021 on a High Note

General Fund revenue collections for the month of December were above estimate by $464.3 million, adding a considerable amount to the year-to-date General Fund revenue surplus, which now totals $1.47 billion.  General Fund tax revenues were $453.7 million higher than the monthly estimate, and non-tax revenue was $10.6 million more than the estimate.

Corporate net income tax (CNIT) payments primarily accounted for the monthly revenue surplus coming in at $246.6 million above estimate for the month.  Final CNIT quarterly estimated payments for the 2021 tax year were due in December, and those payments were $213 million ahead of estimate.  Regular annual CNIT collections exceeded the monthly estimate by $33.6 million.  Tax collections were generally strong across the board as sales and use tax (SUT) collections were nearly $102 million higher than expected, and personal income tax (PIT) collections were almost $60 million more than anticipated for the month.  Together, these three tax types account for approximately 86% of all General Fund tax revenue received on an annual basis.

December 2021 General Fund Revenue vs. Monthly Estimate:

  • General Fund revenue collections of $3.85 billion were above the monthly estimate by $464.3 million, or 13.7%.
  • General Fund tax revenues were ahead of estimate by $453.7 million, or 13.5%.
  • Corporation taxes were $259.4 million, or 39.7%, above estimate.
  • Sales and use tax collections beat the estimate by $101.9 million, or 9.4%, for the month.
  • Personal income tax collections were above estimate by $59.5 million, or 4.8%.
  • Non-tax revenues exceeded the estimate by $10.5 million, or 37%.

Fiscal Year 2021-22 vs. the Official Revenue Estimate To-Date:

  • Total General Fund revenues are $1.47 billion, or 7%, higher than the Official Revenue Estimate through the month of December.
  • General Fund tax revenue is $1.4 billion, or 8.3%, above estimate.
  • Corporation taxes are $577.2 million, or 30.7%, higher than the estimate.
  • Sales and use taxes are $409.1 million, or 6.2%, above estimate.
    • General SUT collections are $383.6 million, or 6.8%, above estimate.
    • SUT collections on motor vehicle sales are $25.5 million, or 2.8%, higher than the estimate.
  • Personal income tax collections are ahead of estimate by $308 million, or 4.7%.
    • Withheld PIT is $127.7 million, or 2.3%, above estimate.
    • Non-withheld PIT (annual & estimated payments) is $180.3 million, or 19.3%, above estimate.
  • Non-tax revenues are $61.5 million, or 1.5%, higher than the estimate.

Fiscal Year 2021-22 vs. Fiscal Year 2020-21:

  • Total General Fund revenues through December are $4 billion, or 21.7%, higher than last year at this time.
  • Most of the difference between the two fiscal years resulted from a one-time transfer of $3.84 billion from the federal Coronavirus State Fiscal Recovery Fund for revenue loss replacement.
  • On the other hand, FY 2020-21 included $1.8 billion being shifted from FY 2019-20 into the first two months of the 2020-21 fiscal year because of tax filing extensions resulting from the pandemic.
  • These irregularities skew the relationship between FY 2020-21 and FY 2021-22 revenue collections and make any direct comparison difficult.

Motor License Fund:

  • Motor License Fund revenues exceed the estimate by $61.3 million, or 4.5%, through December.
  • Motor License Fund revenues are $16.3 million, or 1.2%, higher than last fiscal year at this time.

Federal ELC Grant Funding 

The Centers for Disease Control and Prevention (CDC) received supplemental funds for Epidemiology and Laboratory Capacity for Prevention and Control of Emerging Infectious Diseases (ELC) through five congressional acts: the Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020; Coronavirus Aid, Relief, and Economic Security Act; Paycheck Protection Program and Health Care Enhancement Act; Coronavirus Response and Relief Supplemental Appropriations Act, 2021; and American Rescue Plan Act of 2021.  ELC provides financial support and technical assistance to the nation’s health departments to detect, prevent, and respond to emerging infectious diseases.

The CDC granted Pennsylvania $646 million from the Coronavirus Response and Relief Supplemental Appropriations Act, 2021 and $301 million from Paycheck Protection Program and Health Care Enhancement Act.  Pennsylvania’s allocation of this funding is being utilized as follows:

Epidemiology and Laboratory Capacity for Prevention and Control of Emerging Infectious Diseases
Enhance Laboratory, Surveillance, Informatics and other Workforce Capacity    $        62,148,118
Strengthen Laboratory Testing    $      323,582,096
Advance Electronic Data Exchange at Public Health Labs    $        20,909,368
Improve Surveillance and Reporting of Electronic Health Data    $        20,799,963
Use Laboratory Data to Enhance Investigation, Response and Prevention    $        89,817,241
Contact Tracing Efforts    $      125,028,838
Regional Congregate Care Assistance Teams Long Term Care Support    $      103,500,000
County and Municipal Health Departments    $      200,600,000
Unallocated    $              336,686
Total    $      946,722,310
     
Funding Source:    
Coronavirus Response and Relief Supplemental Appropriations Act, 2021    $      645,685,624
Paycheck Protection Program and Health Care Enhancement Act    $      301,036,686
Total    $      946,722,310

 

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