HARRISBURG PATRIOT-NEWS: …For the first half of the 2014-15 fiscal year, revenues are now $270.7 million over estimates, or 2.1 percent ahead. That does not include an anticipated $80 million transfer of profits from the state-owned liquor stores that have already been built into the projections.
When held up against the first half of fiscal 2013-14, the picture is even brighter: year-over-year revenue growth is a robust 5.6 percent, even after some one-time income sources are factored out.
The trendlines, if they hold, will be a help to incoming Gov. Tom Wolf and lawmakers as they wrestle with a 2015-16 budget picture sure to be complicated by rising public pension costs and medical assistance costs, among other costs… (more)
