June tax collections leave Pennsylvania 3 percent ahead

Pennsylvania’s 2011-12 fiscal year has begun on a good note.

Tax collections in June were higher than expected, leaving the state with an extra 3 percent for the just-ended fiscal year, the Associated Press reports. That’s about $785 million in unexpected collections.

The state now expected to collect $27.85 billion int he current fiscal year– about 1 percent more than the $27.5 billion collected in the year that just ended.