BUREAU OF INTERNAL REVENUE
FISCAL YEAR 2023
MAY MONTHLY COLLECTION REPORT
Collection
Collection
Cummulative
Collection
Collection
Cummulative
Collection
Collection
Cummulative
Collection
Collection
Collection
Cummulative
Cummulative
Cummulative
FY 2022
FY 2023
FY 2023
FY 2022
FY 2023
FY 2023
FY 2022
FY 2023
FY 2023
FY 2022
FY 2023
FY 2022 &  FY 2023
%
FY 2022
FY 2023
FY 2022 &  FY 2023
%
May-22
May-23
May-23
May-22
May-23
May-23
May-22
May-23
May-23
May-22
May-23
Difference
INC/DEC
May-22
May-23
Difference
INC/DEC
Individual Income
7,724,174.43
$
2,722,359.13
$
71,711,118.30
$
148,491.73
$
219,887.21
$
3,276,224.81
$
2,324,959.77
$
3,400,779.91
$
16,754,040.89
$
10,197,625.93
$
6,343,026.25
$
(3,854,599.68)
$
-38%
61,119,718.87
$
91,741,384.00
$
30,621,665.13
$
50%
Estimated Tax
600,769.00
$
615,870.86
$
21,415,422.34
$
110,644.00
$
86,798.12
$
1,818,063.12
$
379,094.00
$
262,659.50
$
11,675,507.80
$
1,090,507.00
$
965,328.48
$
(125,178.52)
$
-11%
33,469,075.22
$
34,908,993.26
$
1,439,918.04
$
4%
Withholding Tax
13,341,003.14
$
13,049,240.68
$
102,301,562.55
$
469,940.12
$
341,179.99
$
2,836,477.59
$
6,168,160.21
$
5,556,356.39
$
39,202,719.26
$
19,979,103.47
$
18,946,777.06
$
(1,032,326.41)
$
-5%
142,704,314.82
$
144,340,759.40
$
1,636,444.58
$
1%
Individual Extension
716,328.00
$
3,434,751.00
$
40,887,457.09
$
10,500.00
$
-
$
586,442.00
$
219,515.52
$
1,095,123.76
$
20,029,960.41
$
946,343.52
$
4,529,874.76
$
3,583,531.24
$
379%
108,659,098.96
$
61,503,859.50
$
(47,155,239.46)
$
-43%
Military (Riemb)
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Individual Income Tax Sub-Total
22,382,274.57
19,822,221.67
236,315,560.28
739,575.85
647,865.32
8,517,207.52
9,091,729.50
10,314,919.56
87,662,228.36
32,213,579.92
30,785,006.55
(1,428,573.37)
$                
-4%
345,952,207.87
332,494,996.16
13,457,211.71
-4%
Corporate Income 
312,182.05
$
373,448.35
$
10,115,284.79
$
6,899.00
$
-
$
64,631.00
$
800,426.21
$
306,672.47
$
1,221,344.92
$
1,119,507.26
$
680,120.82
$
(439,386.44)
$
-39%
26,647,282.39
$
11,401,260.71
$
(15,246,021.68)
$
-57%
Corporate Estimated
1,995,098.56
$
1,308,279.00
$
11,033,122.56
$
-
$
-
$
14,119.00
$
69,462.00
$
51,581.00
$
4,329,271.00
$
2,064,560.56
$
1,359,860.00
$
(704,700.56)
$
-34%
20,565,793.27
$
15,376,512.56
$
(5,189,280.71)
$
-25%
Corporate Extension
3,048,799.14
$
2,286,464.55
$
30,137,724.26
$
-
$
-
$
32,000.00
$
77,252.00
$
161,722.00
$
4,257,075.00
$
3,126,051.14
$
2,448,186.55
$
(677,864.59)
$
-22%
43,010,655.06
$
34,426,799.26
$
(8,583,855.80)
$
-20%
Corporate Income Tax Sub-Total
5,356,079.75
3,968,191.90
51,286,131.61
6,899.00
0.00
110,750.00
947,140.21
519,975.47
9,807,690.92
6,310,118.96
4,488,167.37
(1,821,951.59)
$                
-29%
90,223,730.72
61,204,572.53
29,019,158.19
-32%
Total Income Taxes
27,738,354.32
23,790,413.57
287,601,691.89
746,474.85
647,865.32
8,627,957.52
10,038,869.71
10,834,895.03
97,469,919.28
38,523,698.88
35,273,173.92
(3,250,524.96)
$                 
-8%
436,175,938.59
393,699,568.69
42,476,369.90
-10%
Gross Receipts Tax*
`
15,981,938.26
$
18,277,416.89
$
98,307,671.08
$
1,884,431.09
$
1,335,793.43
$
8,230,664.58
$
6,469,912.81
$
5,857,517.29
$
38,182,619.76
$
24,336,282.16
$
25,470,727.61
$
1,134,445.45
$
5%
154,197,003.74
$
144,720,955.42
$
(9,476,048.32)
$
-6%
Excise Tax
3,010,165.24
$
2,816,588.68
$
22,922,635.94
$
231.00
$
40.00
$
161.00
$
290,292.64
$
367,900.58
$
2,450,495.36
$
3,300,688.88
$
3,184,529.26
$
(116,159.62)
$
-4%
24,557,822.05
$
25,373,292.30
$
815,470.25
$
3%
Entertainment Tax
-
$
-
$
-
$
-
$
-
$
-
$
15,121.81
$
-
$
-
$
15,121.81
$
-
$
(15,121.81)
$
-100%
15,121.81
$
-
$
(15,121.81)
$
-100%
Franchise Fee
275,632.30
$
168,262.29
$
497,333.44
$
-
$
-
$
-
$
-
$
-
$
-
$
275,632.30
$
168,262.29
$
(107,370.01)
$
-39%
629,490.51
$
497,333.44
$
(132,157.07)
$
-21%
Miscellaneous, Photo Copy, Etc.
2,291.00
$
1,919.00
$
18,295.00
$
-
$
-
$
-
$
1,469.17
$
1,544.00
$
8,889.20
$
3,760.17
$
3,463.00
$
(297.17)
$
-8%
35,905.28
$
27,184.20
$
(8,721.08)
$
-24%
Environmental Infrastructure Impact Fee 85%
658,452.50
$
515,975.00
$
2,680,330.03
$
5,843.75
$
3,175.00
$
5,257.50
$
-
$
4,950.00
$
15,745.00
$
664,296.25
$
524,100.00
$
(140,196.25)
$
-21%
3,138,374.68
$
2,701,332.53
$
(437,042.14)
$
-14%
Total Other General Fund Taxes 
19,928,479.30
21,780,161.86
124,426,265.49
1,890,505.84
1,339,008.43
8,236,083.08
6,776,796.43
6,231,911.87
40,657,749.32
28,595,781.57
29,351,082.16
755,300.59
$                     
3%
182,573,718.07
173,320,097.89
9,253,620.17
-5%
47,666,833.62
45,570,575.43
412,027,957.38
2,636,980.69
1,986,873.75
16,864,040.60
16,815,666.14
17,066,806.90
138,127,668.60
67,119,480.45
64,624,256.08
(2,495,224.37)
$                 
-4%
618,749,656.66
567,019,666.58
51,729,990.07
-8%
Special Funds
Fuel Tax (Transportation Fund/WAPA Instructure)***
167,518.40
$
199,403.40
$
1,326,740.28
$
-
$
-
$
-
$
371,698.11
$
68,833.16
$
1,347,986.57
$
539,216.51
$
268,236.56
$
(270,979.95)
$
-50%
2,880,444.61
$
2,674,726.85
$
(205,717.76)
$
-7%
Highway Users' Tax (Transportation Fund)
206,383.52
$
256,697.18
$
1,550,830.66
$
39,079.04
$
25,339.36
$
141,249.44
$
139,626.44
$
118,062.56
$
1,045,153.28
$
385,089.00
$
400,099.10
$
15,010.10
$
4%
2,886,667.36
$
2,737,233.38
$
(149,433.98)
$
-5%
Hotel Room Tax
2,888,483.45
$
1,007,419.03
$
9,717,918.42
$
1,376,721.16
$
395,692.04
$
941,875.89
$
617,060.93
$
453,026.36
$
2,541,108.83
$
4,882,265.54
$
1,856,137.43
$
(3,026,128.11)
$
-62%
14,779,923.40
$
13,200,903.14
$
(1,579,020.26)
$
-11%
Non-Hotel Room Tax
1,170,493.01
$
2,412,132.75
$
8,848,899.79
$
1,088,897.40
$
617,943.05
$
3,986,259.70
$
99,223.82
$
123,802.15
$
722,539.33
$
2,358,614.23
$
3,153,877.95
$
795,263.72
$
34%
19,356,324.45
$
13,557,698.82
$
(5,798,625.63)
$
-30%
Environmental Infrastructure Impact Fee 15%
116,197.50
$
-
$
381,945.01
$
1,031.25
$
-
$
367.50
$
-
$
-
$
855.00
$
117,228.75
$
-
$
(117,228.75)
$
-100%
553,830.83
$
383,167.51
$
(170,663.32)
$
-31%
Gross Casino (Casino Revenue Fund)
-
$
-
$
-
$
-
$
-
$
-
$
197,552.68
$
208,102.11
$
1,476,665.82
$
197,552.68
$
208,102.11
$
10,549.43
$
5%
1,571,153.00
$
1,476,665.82
$
(94,487.18)
$
-6%
Racino
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Lonesome Dove Fund
225,000.00
$
-
$
2,155,000.00
$
-
$
-
$
-
$
-
$
-
$
-
$
225,000.00
$
-
$
(225,000.00)
$
-100%
865,000.00
$
2,155,000.00
$
1,290,000.00
$
149%
Arbitration Deposit
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Production Tax
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Vehicle Rental Surcharge (VI Education Initiative Fund)
209,516.35
$
237,244.09
$
849,200.80
$
61,163.50
$
40,977.93
$
261,618.15
$
70,994.50
$
82,096.66
$
528,331.66
$
341,674.35
$
360,318.68
$
18,644.33
$
5%
1,893,750.02
$
1,639,150.61
$
(254,599.41)
$
-13%
Investment Alternative Tax
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
87,550.27
$
-
$
-
$
-
$
0%
107,250.27
$
87,550.27
$
(19,700.00)
$
-18%
Total Special Funds Revenue
4,983,592.23
4,112,896.45
24,830,534.96
2,566,892.35
1,079,952.38
5,331,370.68
1,496,156.48
1,053,923.00
7,750,190.76
9,046,641.06
6,246,771.83
(2,799,869.23)
$                 
-31%
44,894,343.94
37,912,096.40
6,982,247.54
-16%
TOTAL MONTHLY REVENUE COLLECTIONS
52,650,425.85
$             
49,683,471.88
$           
436,858,492.34
$           
5,203,873.04
$  
3,066,826.13
$            
22,195,411.28
$         
18,311,822.62
$          
18,120,729.90
$            
145,877,859.36
$           
76,166,121.51
$             
70,871,027.91
$            
(5,295,093.60)
$                 
-7%
663,644,000.59
$           
604,931,762.98
$            
(58,712,237.61)
$               
-9%
Total of All Islands
Class of Tax 
Total General Fund Revenue
St. Thomas
St. John
St. Croix