BUREAU OF INTERNAL REVENUE FISCAL YEAR 2020 MAY MONTHLY COLLECTION REPORT Collection Collection Cummulative Collection Collection Cummulative Collection Collection Cummulative Collection Collection Collection Cummulative Cummulative Cummulative FY 2020 FY 2020 FY 2020 FY 2019 FY 2020 FY 2020 FY 2019 FY 2020 FY 2020 FY 2019 FY 2020 FY 2019 & FY 2020 % FY 2019 FY 2020 FY 2019 & FY 2020 % May-19 May-20 May-20 May-19 May-20 May-20 May-19 May-20 May-20 May-19 May-20 Difference INC/DEC May-19 May-20 Difference INC/DEC Individual Income 1,172,597.04 $ 1,615,474.29 $ 17,785,417.48 $ 24,580.31 $ 84,116.28 $ 627,590.53 $ 866,575.03 $ 1,195,068.83 $ 8,782,525.60 $ 2,063,752.38 $ 2,894,659.40 $ 830,907.02 $ 40% 55,247,760.35 $ 27,195,533.61 $ (28,052,226.74) $ -51% Estimated Tax 553,050.00 $ 400,343.00 $ 21,323,095.10 $ 104,071.00 $ 36,774.38 $ 699,479.65 $ 699,933.00 $ 714,165.00 $ 15,937,397.79 $ 1,357,054.00 $ 1,151,282.38 $ (205,771.62) $ -15% 32,138,798.44 $ 37,959,972.54 $ 5,821,174.10 $ 18% Withholding Tax 11,896,385.29 $ 7,709,985.64 $ 88,409,794.07 $ 281,753.20 $ 134,506.00 $ 1,996,925.41 $ 7,114,503.74 $ 6,663,352.89 $ 69,149,276.50 $ 19,292,642.23 $ 14,507,844.53 $ (4,784,797.70) $ -25% 143,659,209.59 $ 159,555,995.98 $ 15,896,786.39 $ 11% Individual Extension 33,543.00 $ 1,950.00 $ 3,041,946.00 $ 7,000.00 $ - $ 97,088.00 $ 12,000.00 $ 300.00 $ 3,377,121.00 $ 52,543.00 $ 2,250.00 $ (50,293.00) $ -96% 54,083,154.75 $ 6,516,155.00 $ (47,566,999.75) $ -88% Military (Riemb) - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Individual Income Tax Sub-Tota 13,655,575.33 9,727,752.93 130,560,252.65 417,404.51 255,396.66 3,421,083.59 8,693,011.77 8,572,886.72 97,246,320.89 22,765,991.61 18,556,036.31 (4,209,955.30) $ -18% 285,128,923.13 231,227,657.13 53,901,266.00 -19% Corporate Income 222,024.05 $ 1,039,007.91 $ 6,241,127.61 $ 505.51 $ 8,165.00 $ 31,869.52 $ 245,151.21 $ 62,205.10 $ 3,240,790.75 $ 467,680.77 $ 1,109,378.01 $ 641,697.24 $ 137% 11,073,712.27 $ 9,513,787.88 $ (1,559,924.39) $ -14% Corporate Estimated 371,400.00 $ 21,568.00 $ 4,281,071.00 $ - $ - $ - $ 177,232.00 $ 121,000.00 $ 3,431,195.00 $ 548,632.00 $ 142,568.00 $ (406,064.00) $ -74% 17,964,444.16 $ 7,712,266.00 $ (10,252,178.16) $ -57% Corporate Extension 42,178.00 $ 1,512,400.00 $ 4,697,471.57 $ - $ - $ - $ - $ - $ 6,561,902.00 $ 42,178.00 $ 1,512,400.00 $ 1,470,222.00 $ 3486% 13,565,823.58 $ 11,259,373.57 $ (2,306,450.01) $ -17% Corporate Income Tax Sub-Tota 635,602.05 2,572,975.91 15,219,670.18 505.51 8,165.00 31,869.52 422,383.21 183,205.10 13,233,887.75 1,058,490.77 2,764,346.01 1,705,855.24 $ 161% 42,603,980.01 28,485,427.45 14,118,552.56 -33% Total Income Taxes 14,291,177.38 12,300,728.84 145,779,922.83 417,910.02 263,561.66 3,452,953.11 9,115,394.98 8,756,091.82 110,480,208.64 23,824,482.38 21,320,382.32 (2,504,100.06) $ -11% 327,732,903.14 259,713,084.58 68,019,818.56 -21% Gross Receipts Tax* ` 13,019,557.86 $ 10,652,727.97 $ 93,579,978.69 $ 774,702.30 $ 351,491.48 $ 4,581,949.79 $ 7,903,404.21 $ 10,277,000.32 $ 74,282,049.43 $ 21,697,664.37 $ 21,281,219.77 $ (416,444.60) $ -2% 166,366,069.27 $ 172,443,977.91 $ 6,077,908.64 $ 4% Excise Tax 161,766.42 $ 145,595.00 $ 1,156,192.78 $ 8,841.74 $ - $ 383.00 $ 51,159.13 $ 20,308.00 $ 229,823.13 $ 221,767.29 $ 165,903.00 $ (55,864.29) $ -25% 10,126,515.44 $ 1,386,398.91 $ (8,740,116.53) $ -86% Entertainment Tax - $ - $ 6,863.75 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ 6,863.75 $ 6,863.75 $ 0% Franchise Fee - $ 187,587.45 $ 570,766.40 $ - $ - $ - $ - $ - $ - $ - $ 187,587.45 $ 187,587.45 $ 0% 492,250.71 $ 570,766.40 $ 78,515.69 $ 16% Miscellaneous, Photo Copy, Etc. 6,838.50 $ 1,600.00 $ 32,212.50 $ - $ - $ - $ 3,867.28 $ 100.00 $ 7,268.00 $ 10,705.78 $ 1,700.00 $ (9,005.78) $ -84% 171,303.29 $ 39,480.50 $ (131,822.79) $ -77% Environmental Infrastructure Impact Fee 85% 383,456.25 $ 2,125.00 $ 2,213,825.00 $ 2,635.00 $ - $ 33,550.56 $ 1,933.75 $ - $ 60,902.50 $ 388,025.00 $ 2,125.00 $ (385,900.00) $ -99% 1,796,061.08 $ 2,308,278.06 $ 512,216.99 $ 29% Total Other General Fund Taxes 13,571,619.03 10,989,635.42 97,559,839.12 786,179.04 351,491.48 4,615,883.35 7,960,364.37 10,297,408.32 74,580,043.06 22,318,162.44 21,638,535.22 (679,627.22) $ -3% 178,952,199.79 176,755,765.53 2,196,434.25 -1% 27,862,796.41 23,290,364.26 243,339,761.95 1,204,089.06 615,053.14 8,068,836.46 17,075,759.35 19,053,500.14 185,060,251.70 46,142,644.82 42,958,917.54 (3,183,727.28) $ -7% 506,685,102.93 436,468,850.11 70,216,252.81 -14% Special Funds Fuel Tax (Transportation Fund/WAPA Instructure)*** 208,049.66 $ 214,644.46 $ 1,662,389.74 $ 5,040.00 $ 6,720.00 $ 83,942.04 $ 1,680.00 $ 351,229.42 $ 1,761,203.11 $ 214,769.66 $ 572,593.88 $ 357,824.22 $ 167% 3,383,282.33 $ 3,507,534.89 $ 124,252.56 $ 4% Highway Users' Tax (Transportation Fund) 241,678.40 $ 105,915.84 $ 1,441,287.85 $ 6,574.24 $ 4,898.40 $ 91,717.68 $ 311,683.52 $ 161,979.68 $ 2,065,853.48 $ 559,936.16 $ 272,793.92 $ (287,142.24) $ -51% 5,091,590.82 $ 3,598,859.01 $ (1,492,731.81) $ -29% Hotel Room Tax 1,028,622.87 $ 341,101.43 $ 8,857,877.87 $ 468,435.00 $ 59,554.51 $ 2,139,015.85 $ 452,124.40 $ 65,903.85 $ 2,735,617.32 $ 1,949,182.27 $ 466,559.79 $ (1,482,622.48) $ -76% 14,512,892.67 $ 13,732,511.04 $ (780,381.63) $ -5% Environmental Infrastructure Impact Fee 15% 67,668.75 $ 375.00 $ 390,675.00 $ 465.00 $ - $ 5,920.69 $ 341.25 $ - $ 10,747.50 $ 68,475.00 $ 375.00 $ (68,100.00) $ -99% 270,083.93 $ 407,343.19 $ 137,259.26 $ 51% Gross Casino (Casino Revenue Fund) - $ - $ - $ - $ - $ - $ 175,648.35 $ - $ 1,014,692.53 $ 175,648.35 $ - $ (175,648.35) $ -100% 1,392,134.44 $ 1,014,692.53 $ (377,441.91) $ -27% Racino - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Lonesome Dove Fund - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% 75,000.00 $ - $ (75,000.00) $ -100% Arbitration Deposit - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Production Tax - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Vehicle Rental Surcharge (VI Education Initiative Fund) 71,550.00 $ 9,866.25 $ 432,028.88 $ 35,064.11 $ 1,594.75 $ 158,160.83 $ 193,291.81 $ 129,671.25 $ 1,181,944.00 $ 299,905.92 $ 141,132.25 $ (158,773.67) $ -53% 2,128,958.26 $ 1,772,133.71 $ (356,824.55) $ -17% Investment Alternative Tax - $ - $ - $ - $ - $ - $ - $ - $ 106,078.67 $ - $ - $ - $ 0% 85,782.87 $ 106,078.67 $ 20,295.80 $ 24% Total Special Funds Revenue 1,617,569.68 671,902.98 12,784,259.34 515,578.35 72,767.66 2,478,757.10 1,134,769.33 708,784.20 8,876,136.61 3,267,917.36 1,453,454.84 (1,814,462.52) $ -56% 26,939,725.32 24,139,153.05 2,800,572.27 -10% TOTAL MONTHLY REVENUE COLLECTIONS 29,480,366.09 $ 23,962,267.24 $ 256,124,021.29 $ 1,719,667.41 $ 687,820.80 $ 10,547,593.56 $ 18,210,528.68 $ 19,762,284.34 $ 193,936,388.31 $ 49,410,562.18 $ 44,412,372.38 $ (4,998,189.80) $ -10% 533,624,828.24 $ 460,608,003.16 $ (73,016,825.08) $ -14% Total of All Islands Class of Tax Total General Fund Revenue St. Thomas St. John St. Croix