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.

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