State Tax Revenue Ahead Of Projections

The state Department of Revenue says it has collected $828 million, or 3 percent, above expectations through 10 months of the fiscal year. Governor Wolf says he's willing to talk with legislative leaders about using all excess revenue to build up the state's rainy day fund. Last year the state made the first deposit into its rainy day fund in about a decade. But at just $22 million, Pennsylvania's rainy day fund if needed could only keep state government operating for just a few hours. The state's rainy day fund in 2009 was $755 million. However, that money was used to help the state during the economic downturn.