## Slide 1
REVENUE ESTIMATION SNAPSHOT
Virgin Islands Bureau of Internal Revenue
REVENUE BREAKDOWN			
Revenue Category	Project Count (If Applicable)	Est. Revenue	Fiscal Year
Individual Income		$535,643,953.00	FY 2024
Individual Income		$589,208,348.00	FY 2025
Corporate Income		$613,241,702.00	FY 2024
Corporate Income		$674,565,873.00	FY 2025
Excise		$258,408,360.00	FY 2024
Excise		$284,249,196.00	FY 2025
Gross Receipts Tax		$ 43,541,200.00	FY 2024
Gross Receipts Tax		$ 47,895,320.00	FY 2025
Miscellaneous		$  4,764,349.00	FY 2024
Miscellaneous		$  5,240,784.00	FY 2025
FY24 and FY25 Total Estimated Revenue			Revenue Summary
FY24:	$   919,955,613.00		Highlight 1:Full resumption of work force after pandemic resulting in increased individual taxes
			Highlight 2:Increase in tourism
FY25:	$1,011,951,174.00		Highlight 3: Increase of FEMA/HUD projects
			Highlight 4: Increased collection efforts