BUREAU OF INTERNAL REVENUE FISCAL YEAR 2021 JULY MONTHLY COLLECTION REPORT Collection Collection Cummulative Collection Collection Cummulative Collection Collection Cummulative Collection Collection Collection Cummulative Cummulative Cummulative FY 2020 FY 2021 FY 2021 FY 2020 FY 2021 FY 2021 FY 2020 FY 2021 FY 2021 FY 2020 FY 2021 FY 2020 & FY 2021 % FY 2020 FY 2021 FY 2020 & FY 2021 % Jul-20 Jul-21 Jul-21 Jul-20 Jul-21 Jul-21 Jul-20 Jul-21 Jul-21 Jul-20 Jul-21 Difference INC/DEC Jul-20 Jul-21 Difference INC/DEC Individual Income 23,754,544.26 $ 4,715,644.28 $ 82,876,644.72 $ 762,854.08 $ 64,342.72 $ 2,229,086.99 $ 14,761,824.40 $ 1,160,639.51 $ 25,483,001.61 $ 39,279,222.74 $ 5,940,626.51 $ (33,338,596.23) $ -85% 71,826,005.64 $ 110,588,733.32 $ 38,762,727.68 $ 54% Estimated Tax 6,111,031.35 $ 828,284.13 $ 24,899,455.68 $ 174,111.38 $ 124,910.00 $ 1,126,640.00 $ 5,008,171.00 $ 155,839.00 $ 15,273,009.31 $ 11,293,313.73 $ 1,109,033.13 $ (10,184,280.60) $ -90% 54,488,306.77 $ 41,299,104.99 $ (13,189,201.78) $ -24% Withholding Tax 9,986,629.84 $ 12,925,496.30 $ 107,039,625.59 $ 282,593.61 $ 367,047.19 $ 2,787,678.20 $ 8,012,349.08 $ 5,751,477.87 $ 67,857,044.09 $ 18,281,572.53 $ 19,044,021.36 $ 762,448.83 $ 4% 196,292,196.32 $ 177,684,347.88 $ (18,607,848.44) $ -9% Individual Extension 57,048,293.02 $ - $ 42,245,831.61 $ 142,865.00 $ - $ 232,295.00 $ 4,676,287.79 $ - $ 11,772,195.74 $ 61,867,445.81 $ - $ (61,867,445.81) $ -100% 69,797,231.81 $ 54,250,322.35 $ (15,546,909.46) $ -22% Military (Riemb) - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Individual Income Tax Sub-Tota 96,900,498.47 18,469,424.71 257,061,557.60 1,362,424.07 556,299.91 6,375,700.19 32,458,632.27 7,067,956.38 120,385,250.75 130,721,554.81 26,093,681.00 (104,627,873.81) $ -80% 392,403,740.54 383,822,508.54 8,581,232.00 -2% Corporate Income 3,202,624.53 $ 940,286.52 $ 15,159,197.50 $ 23,346.00 $ - $ 15,842.00 $ 177,513.15 $ 34,910.75 $ 3,508,460.21 $ 3,403,483.68 $ 975,197.27 $ (2,428,286.41) $ -71% 14,310,622.24 $ 18,683,499.71 $ 4,372,877.47 $ 31% Corporate Estimated 2,206,322.00 $ 219,379.00 $ 4,942,122.56 $ - $ - $ - $ 3,427,262.00 $ 15,749.00 $ 8,608,260.00 $ 5,633,584.00 $ 235,128.00 $ (5,398,456.00) $ -96% 15,582,123.38 $ 13,550,382.56 $ (2,031,740.82) $ -13% Corporate Extension 10,038,980.00 $ 68,168.00 $ 18,750,568.37 $ 5,000.00 $ - $ 10,110.00 $ 5,146,613.00 $ - $ 5,953,513.00 $ 15,190,593.00 $ 68,168.00 $ (15,122,425.00) $ -100% 26,711,313.57 $ 24,714,191.37 $ (1,997,122.20) $ -7% Corporate Income Tax Sub-Tota 15,447,926.53 1,227,833.52 38,851,888.43 28,346.00 0.00 25,952.00 8,751,388.15 50,659.75 18,070,233.21 24,227,660.68 1,278,493.27 (22,949,167.41) $ -95% 56,604,059.19 56,948,073.64 344,014.45 1% Total Income Taxes 112,348,425.00 19,697,258.23 295,913,446.03 1,390,770.07 556,299.91 6,401,652.19 41,210,020.42 7,118,616.13 138,455,483.96 154,949,215.49 27,372,174.27 (127,577,041.22) $ -82% 449,007,799.73 440,770,582.18 8,237,217.55 -2% Gross Receipts Tax* ` 20,164,289.00 $ 12,278,147.63 $ 123,298,637.80 $ 530,145.67 $ 1,150,751.58 $ 8,400,957.96 $ 15,522,509.96 $ 6,974,065.26 $ 67,580,134.64 $ 36,216,944.63 $ 20,402,964.47 $ (15,813,980.16) $ -44% 226,898,152.43 $ 199,279,730.40 $ (27,618,422.03) $ -12% Excise Tax 154,038.00 $ 3,013,158.61 $ 11,848,016.99 $ - $ - $ - $ 31,752.00 $ 293,785.56 $ 2,066,196.93 $ 185,790.00 $ 3,306,944.17 $ 3,121,154.17 $ 1680% 1,727,696.07 $ 13,914,213.92 $ 12,186,517.85 $ 705% Entertainment Tax - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% 6,863.75 $ - $ (6,863.75) $ -100% Franchise Fee 193,643.19 $ - $ 546,110.82 $ - $ - $ - $ - $ - $ 2,883.00 $ 193,643.19 $ - $ (193,643.19) $ -100% 764,409.59 $ 548,993.82 $ (215,415.77) $ -28% Miscellaneous, Photo Copy, Etc. 3,150.00 $ 2,813.00 $ 33,641.00 $ - $ - $ - $ 993.00 $ 1,158.00 $ 15,347.00 $ 4,143.00 $ 3,971.00 $ (172.00) $ -4% 47,760.50 $ 48,988.00 $ 1,227.50 $ 3% Environmental Infrastructure Impact Fee 85% 25,691.25 $ 446,441.25 $ 3,427,990.50 $ 1,487.50 $ 2,210.00 $ 17,063.75 $ - $ - $ 7,422.20 $ 27,178.75 $ 448,651.25 $ 421,472.50 $ 1551% 2,363,029.96 $ 3,452,476.45 $ 1,089,446.49 $ 46% Total Other General Fund Taxes 20,540,811.44 15,740,560.49 139,154,397.11 531,633.17 1,152,961.58 8,418,021.71 15,555,254.96 7,269,008.82 69,671,983.77 36,627,699.57 24,162,530.89 (12,465,168.68) $ -34% 231,807,912.30 217,244,402.59 14,563,509.71 -6% 132,889,236.44 35,437,818.72 435,067,843.14 1,922,403.24 1,709,261.49 14,819,673.90 56,765,275.38 14,387,624.95 208,127,467.73 191,576,915.06 51,534,705.16 (140,042,209.90) $ -73% 680,815,712.03 658,014,984.77 22,800,727.26 -3% Special Funds Fuel Tax (Transportation Fund/WAPA Instructure)*** 150,914.96 $ 189,445.06 $ 2,201,558.49 $ 15,120.00 $ 15,960.00 $ 126,240.00 $ 186,631.38 $ 111,808.00 $ 1,921,644.10 $ 352,666.34 $ 317,213.06 $ (35,453.28) $ -10% 3,955,343.43 $ 4,249,442.59 $ 294,099.16 $ 7% Highway Users' Tax (Transportation Fund) 146,348.64 $ 145,754.88 $ 1,740,749.56 $ 10,508.16 $ 26,805.28 $ 231,249.44 $ 206,179.24 $ 152,287.12 $ 2,030,930.54 $ 363,036.04 $ 324,847.28 $ (38,188.76) $ -11% 4,328,844.97 $ 4,002,929.54 $ (325,915.43) $ -8% Hotel Room Tax 426,599.20 $ 2,683,156.96 $ 19,784,685.94 $ 199,787.61 $ 838,935.11 $ 4,984,187.67 $ 84,282.07 $ 498,887.37 $ 3,484,169.89 $ 710,668.88 $ 4,020,979.44 $ 3,310,310.56 $ 466% 14,590,763.76 $ 28,253,043.50 $ 13,662,279.74 $ 94% Environmental Infrastructure Impact Fee 15% 4,533.75 $ 78,783.75 $ 604,939.50 $ 262.50 $ 390.00 $ 3,011.25 $ - $ - $ 1,309.80 $ 4,796.25 $ 79,173.75 $ 74,377.50 $ 1551% 417,005.29 $ 609,260.55 $ 192,255.26 $ 46% Gross Casino (Casino Revenue Fund) - $ - $ - $ - $ - $ - $ 85,657.32 $ 206,694.79 $ 1,851,296.62 $ 85,657.32 $ 206,694.79 $ 121,037.47 $ 141% 1,137,619.17 $ 1,851,296.62 $ 713,677.45 $ 63% Racino - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Lonesome Dove Fund - $ 250,000.00 $ 950,000.00 $ - $ - $ - $ - $ - $ - $ - $ 250,000.00 $ 250,000.00 $ 0% - $ 950,000.00 $ 950,000.00 $ 0% Arbitration Deposit - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% 600,000.00 $ - $ (600,000.00) $ -100% - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Production Tax - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Vehicle Rental Surcharge (VI Education Initiative Fund) 32,454.26 $ 29,546.25 $ 584,268.65 $ 12,600.00 $ 50,041.20 $ 311,197.26 $ 98,197.50 $ 153,604.00 $ 1,272,316.13 $ 143,251.76 $ 233,191.45 $ 89,939.69 $ 63% 2,028,513.28 $ 2,167,782.04 $ 139,268.76 $ 7% Investment Alternative Tax - $ - $ - $ - $ - $ - $ 7,548.22 $ 38,893.44 $ 119,217.25 $ 7,548.22 $ 38,893.44 $ 31,345.22 $ 415% 113,626.89 $ 119,217.25 $ 5,590.36 $ 5% Total Special Funds Revenue 760,850.81 3,376,686.90 25,866,202.14 238,278.27 932,131.59 5,655,885.62 668,495.73 1,162,174.72 10,680,884.33 1,667,624.81 5,470,993.21 3,803,368.40 $ 228% 27,171,716.80 42,202,972.09 15,031,255.29 55% TOTAL MONTHLY REVENUE COLLECTIONS 133,650,087.25 $ 38,814,505.62 $ 460,934,045.28 $ 2,160,681.51 $ 2,641,393.08 $ 20,475,559.52 $ 57,433,771.11 $ 15,549,799.67 $ 218,808,352.06 $ 193,244,539.87 $ 57,005,698.37 $ (136,238,841.50) $ -71% 707,987,428.83 $ 700,217,956.86 $ (7,769,471.97) $ -1% Total of All Islands Class of Tax Total General Fund Revenue St. Thomas St. John St. Croix