Fiscal Year-in-Review Adjustments

Due to inconsistencies in the collection of data, StateWays would like to retract the 2013 and 2014 Fiscal Year in Review features, which ran in the November/December 2013 and November/December 2014 issues of this magazine.

While in many cases errors can be fixed with a simple correction, in this case that isn’t possible. The misreported data pertains to Pennsylvania, the largest control state by a two-to-one margin, which skews the overall figures for both years.

The correct FY2013 and FY2014 data for the PLCB can be found in the March/April issue of StateWays, as supplied by Oren Bachman, the Pennsylvania Liquor Control Board’s Director of Finance. As indicated, unit sales of wine and spirits each rose by 2.3 percent between fiscal years 2013 and 2014. The correct totals for wine and spirit sales (including state liquor tax) were $2.043 billion in FY13 and $2.107 billion in FY14.

Advertisement

We’ve also included an updated version of the Key Statistics chart from the 2014 Fiscal Year in Review feature. StateWays regrets this error and will amend the data going forward so that future editions of the Fiscal Year in Review do not contain the incorrect data.

LEAVE A REPLY

Please enter your comment!
Please enter your name here