BUREAU OF INTERNAL REVENUE
FISCAL YEAR 2024
APRIL MONTHLY COLLECTION REPORT
Collection
Collection
Cummulative
Collection
Collection
Cummulative
Collection
Collection
Cummulative
Collection
Collection
Collection
Cummulative
Cummulative
Cummulative
FY 2023
FY 2024
FY 2024
FY 2023
FY 2024
FY 2024
FY 2023
FY 2024
FY 2024
FY 2023
FY 2024
FY 2022 &  FY 2023
%
FY 2023
FY 2024
FY 2022 &  FY 2023
%
Apr-23
Apr-24
Apr-24
Apr-23
Apr-24
Apr-24
Apr-23
Apr-24
Apr-24
Apr-23
Apr-24
Difference
INC/DEC
Apr-23
Apr-24
Difference
INC/DEC
Individual Income
39,252,970.82
$
17,170,661.46
$
44,942,691.71
$
2,242,243.24
$
1,839,578.32
$
4,206,676.95
$
5,770,083.58
$
8,651,842.03
$
17,507,758.97
$
47,265,297.64
$
27,662,081.81
$
(19,603,215.83)
$
-41%
85,400,368.97
$
66,657,127.63
$
(18,743,241.34)
$
-22%
Estimated Tax
2,979,284.41
$
3,108,284.59
$
23,764,350.22
$
350,618.00
$
402,667.00
$
1,670,080.00
$
1,139,379.17
$
1,634,090.00
$
8,971,796.84
$
4,469,281.58
$
5,145,041.59
$
675,760.01
$
15%
28,616,526.04
$
34,406,227.06
$
5,789,701.02
$
20%
Withholding Tax
11,637,901.52
$
10,525,820.51
$
93,623,079.97
$
347,898.68
$
285,516.56
$
2,370,546.93
$
4,764,183.33
$
7,545,684.15
$
31,719,634.02
$
16,749,983.53
$
18,357,021.22
$
1,607,037.69
$
10%
124,171,510.03
$
127,713,260.92
$
3,541,750.89
$
3%
Individual Extension
37,074,884.24
$
40,746,646.07
$
42,028,499.07
$
586,442.00
$
631,229.00
$
631,229.00
$
18,894,736.65
$
16,447,136.00
$
16,515,086.00
$
56,556,062.89
$
57,825,011.07
$
1,268,948.18
$
2%
56,973,984.74
$
59,174,814.07
$
2,200,829.33
$
4%
Military (Riemb)
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Individual Income Tax Sub-Total
90,945,040.99
71,551,412.63
204,358,620.97
3,527,201.92
3,158,990.88
8,878,532.88
30,568,382.73
34,278,752.18
74,714,275.83
125,040,625.64
108,989,155.69
(16,051,469.95)
$                
-13%
295,162,389.78
287,951,429.68
7,210,960.10
-2%
Corporate Income 
2,262,578.59
$
1,516,829.49
$
6,582,553.80
$
55,758.00
$
-
$
35,188.00
$
209,167.00
$
384,176.02
$
1,958,827.63
$
2,527,503.59
$
1,901,005.51
$
(626,498.08)
$
-25%
10,718,524.95
$
8,576,569.43
$
(2,141,955.52)
$
-20%
Corporate Estimated
682,057.63
$
3,213,546.41
$
8,786,223.59
$
-
$
-
$
67,460.00
$
464,641.00
$
558,271.00
$
6,429,211.00
$
1,146,698.63
$
3,771,817.41
$
2,625,118.78
$
229%
17,195,764.56
$
15,282,894.59
$
(1,912,869.97)
$
-11%
Corporate Extension
4,006,766.54
$
7,241,657.90
$
8,532,750.12
$
32,000.00
$
-
$
4,000.00
$
3,979,269.00
$
5,848,759.00
$
5,980,036.95
$
8,018,035.54
$
13,090,416.90
$
5,072,381.36
$
63%
31,978,612.71
$
14,516,787.07
$
(17,461,825.64)
$
-55%
Corporate Income Tax Sub-Total
6,951,402.76
11,972,033.80
23,901,527.51
87,758.00
0.00
106,648.00
4,653,077.00
6,791,206.02
14,368,075.58
11,692,237.76
18,763,239.82
7,071,002.06
$                   
60%
59,892,902.22
38,376,251.09
21,516,651.13
-36%
Total Income Taxes
97,896,443.75
83,523,446.43
228,260,148.48
3,614,959.92
3,158,990.88
8,985,180.88
35,221,459.73
41,069,958.20
89,082,351.41
136,732,863.40
127,752,395.51
(8,980,467.89)
$                   
-7%
355,055,292.00
326,327,680.77
28,727,611.23
-8%
Gross Receipts Tax*
`
11,001,005.76
$
16,629,311.95
$
93,943,061.59
$
1,073,358.07
$
1,069,376.10
$
6,279,243.05
$
2,938,455.17
$
3,942,407.36
$
25,284,958.83
$
15,012,819.00
$
21,641,095.41
$
6,628,276.41
$
44%
118,547,136.81
$
125,507,263.47
$
6,960,126.66
$
6%
Excise Tax
2,426,738.80
$
3,039,573.16
$
18,917,046.81
$
13.00
$
-
$
357.00
$
276,112.53
$
356,375.79
$
2,419,008.33
$
2,702,864.33
$
3,395,948.95
$
693,084.62
$
26%
22,198,779.60
$
21,336,412.14
$
(862,367.46)
$
-4%
Entertainment Tax
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Franchise Fee
-
$
161,622.07
$
496,708.07
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
161,622.07
$
161,622.07
$
0%
329,071.15
$
496,708.07
$
167,636.92
$
51%
Miscellaneous, Photo Copy, Etc.
1,522.00
$
3,530.00
$
16,149.00
$
-
$
-
$
-
$
990.70
$
3,440.00
$
8,200.00
$
2,512.70
$
6,970.00
$
4,457.30
$
177%
23,828.70
$
24,349.00
$
520.30
$
2%
Environmental Infrastructure Impact Fee 85%
-
$
606,453.75
$
2,442,239.55
$
-
$
-
$
-
$
5,057.50
$
3,485.00
$
5,907.50
$
5,057.50
$
609,938.75
$
604,881.25
$
11960%
2,176,340.03
$
2,448,147.05
$
271,807.02
$
12%
Total Other General Fund Taxes 
13,429,266.56
20,440,490.93
115,815,205.02
1,073,371.07
1,069,376.10
6,279,600.05
3,220,615.90
4,305,708.15
27,718,074.66
17,723,253.53
25,815,575.18
8,092,321.65
$                    
46%
143,275,156.29
149,812,879.73
6,537,723.44
5%
111,325,710.31
103,963,937.36
344,075,353.50
4,688,330.99
4,228,366.98
15,264,780.93
38,442,075.63
45,375,666.35
116,800,426.07
154,456,116.93
153,567,970.69
(888,146.24)
$                      
-1%
498,330,448.29
476,140,560.50
22,189,887.79
-4%
Special Funds
Fuel Tax (Transportation Fund/WAPA Instructure)***
171,016.58
$
506,932.79
$
2,366,733.02
$
-
$
-
$
-
$
192,528.56
$
3,528.00
$
434,393.52
$
363,545.14
$
510,460.79
$
146,915.65
$
40%
2,278,253.90
$
2,801,126.54
$
522,872.64
$
23%
Highway Users' Tax (Transportation Fund)
110,351.54
$
187,436.32
$
1,342,886.20
$
9,140.32
$
12,198.24
$
61,757.60
$
106,190.40
$
151,506.44
$
983,881.00
$
225,682.26
$
351,141.00
$
125,458.74
$
56%
2,347,441.80
$
2,388,524.80
$
41,083.00
$
2%
Hotel Room Tax
1,674,352.83
$
4,701,171.23
$
16,764,012.21
$
160,158.70
$
328,360.91
$
1,233,466.87
$
442,516.84
$
592,870.05
$
2,414,709.32
$
2,277,028.37
$
5,622,402.19
$
3,345,373.82
$
147%
7,892,156.27
$
14,690,139.53
$
6,797,983.26
$
86%
Other Lodging (Hotel Room Tax)
1,424,994.33
$
1,766,819.26
$
7,558,638.73
$
377,211.46
$
518,115.35
$
3,437,260.71
$
104,789.87
$
110,582.43
$
630,687.04
$
1,906,995.66
$
2,395,517.04
$
488,521.38
$
16,997,710.22
$
11,626,586.48
$
(5,371,123.74)
$
Environmental Infrastructure Impact Fee 15%
-
$
107,021.25
$
430,983.45
$
-
$
-
$
-
$
892.50
$
615.00
$
1,042.50
$
892.50
$
107,636.25
$
106,743.75
$
11960%
384,060.01
$
432,025.95
$
47,965.94
$
12%
Gross Casino (Casino Revenue Fund)
-
$
-
$
89,131.74
$
-
$
-
$
-
$
122,239.08
$
194,115.77
$
1,199,170.33
$
122,239.08
$
194,115.77
$
71,876.69
$
59%
1,209,177.54
$
1,288,302.07
$
79,124.53
$
7%
Racino
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Lonesome Dove Fund
480,000.00
$
-
$
700,000.00
$
-
$
-
$
-
$
-
$
-
$
-
$
480,000.00
$
-
$
(480,000.00)
$
-100%
2,155,000.00
$
700,000.00
$
(1,455,000.00)
$
-68%
Arbitration Deposit
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Production Tax
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Vehicle Rental Surcharge (VI Education Initiative Fund)
24,307.53
$
165,933.25
$
349,703.84
$
29,234.75
$
57,384.50
$
87,902.31
$
80,036.25
$
146,400.07
$
304,752.32
$
133,578.53
$
369,717.82
$
236,139.29
$
177%
636,252.47
$
742,358.47
$
106,106.00
$
17%
Investment Alternative Tax
-
$
-
$
393,214.14
$
-
$
-
$
138,473.64
$
28,288.50
$
64,266.92
$
245,419.78
$
28,288.50
$
64,266.92
$
35,978.42
$
127%
671,640.46
$
777,107.56
$
105,467.10
$
16%
Total Special Funds Revenue
3,885,022.81
7,435,314.10
29,995,303.33
575,745.23
916,059.00
4,958,861.13
1,077,482.00
1,263,884.68
6,214,055.81
5,538,250.04
9,615,257.78
4,077,007.74
$                    
74%
34,571,692.67
35,446,171.40
874,478.73
3%
TOTAL MONTHLY REVENUE COLLECTIONS
115,210,733.12
$             
111,399,251.46
$           
374,070,656.83
$             
5,264,076.22
$      
5,144,425.98
$              
20,223,642.06
$           
39,519,557.63
$            
46,639,551.03
$              
123,014,481.88
$             
159,994,366.97
$             
163,183,228.47
$            
3,188,861.50
$                    
2%
532,902,140.96
$             
511,586,731.90
$              
(21,315,409.06)
$                 
-4%
Total of All Islands
Class of Tax 
Total General Fund Revenue
St. Thomas
St. John
St. Croix