When lawmakers and Gov. Tom Wolf came to a budget agreement in July—the first month in the new fiscal year—they estimated that revenue collections through the year would grow by 2.4 percent. To balance a budget that increased spending by 5 percent, they also raised taxes, most notably the dollar increase on a pack of cigarettes.
Now three months into the fiscal year, collections are falling well short of estimates. If the revenue collections remain sluggish, it will put greater pressure on lawmakers to increase taxes again next year.
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