Governor Corbett’s Fiscal Year 2013 Budget Proposal

Governor Corbett introduced his 2013 budget proposal on February 7th, 2012.  This web page serves as a broad overview of the State’s budget, including current and future revenue expectations, departmental expenditures, and policy proposals. I hope that you find this guide helpful as the debate in Harrisburg moves forward over the next few months. If you have any questions about the materials provided here, or other budget information please contact me at ferlo@pasenate.com and I will try to provide you with timely answers.

Senator Ferlo addressed the Senate on May 9th regarding funding for human services programs. See his remarks by clicking here.

Overview of State Budget

Pennsylvania’s annual operating budget is comprised of many different funds, revenue sources and expenditures. The budget must be adopted by the Constitutionally mandated date of June 30th. The total operating budget is over $60 billion; of which the State’s General Fund and federal funds make up the majority. The largest expenses from the state operating budget are in the Departments of Public Welfare (38.8% of General Fund expenses), Education (35.3% of General Fund expenses), and Transportation ($5.8 billion in expenses from the Motor License Fund and federal funds).

For the upcoming 2012-2013 fiscal year, the General Fund is estimated to be a little over $27 billion. The General Fund is made up of tax revenue sources such as the personal income tax, the sales and use tax, and corporate taxes. Over 70% of the commonwealth’s revenue is from the personal income and sales taxes alone. Corporate income and the corporate stock and franchise tax only account for 9% of the General Fund. In Pennsylvania many small businesses pay the personal income tax as their business tax.

Pittsburgh Office

3519 Butler Street
Pittsburgh, PA 15201
Phone: (412) 621-3006
Fax: (412) 621-0373
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Natrona Heights Office

1633 Pacific Avenue
Natrona Heights, PA 15065
Phone: (724) 230-2000
Fax: (724) 230-2003
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Harrisburg Office

Senate Box 203038
Harrisburg, PA 17120
Phone: (717) 787-6123
Fax: (717) 772-3695
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