BUREAU OF INTERNAL REVENUE
FISCAL YEAR 2023
AUGUST 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
%
Aug-22
Aug-23
Aug-23
Aug-22
Aug-23
Aug-23
Aug-22
Aug-23
Aug-23
Aug-22
Aug-23
Difference
INC/DEC
Aug-22
Aug-23
Difference
INC/DEC
Individual Income
1,698,983.02
$
1,497,242.17
$
77,277,033.28
$
57,568.02
$
53,702.49
$
3,423,563.13
$
816,548.94
$
629,116.76
$
24,646,118.06
$
2,573,099.98
$
2,180,061.42
$
(393,038.56)
$
-15%
70,646,188.73
$
105,346,714.47
$
34,700,525.74
$
49%
Estimated Tax
854,662.50
$
908,301.00
$
29,181,999.38
$
150,534.00
$
31,691.00
$
2,312,286.12
$
480,490.00
$
289,497.00
$
16,035,565.99
$
1,485,686.50
$
1,229,489.00
$
(256,197.50)
$
-17%
48,696,900.24
$
47,529,851.49
$
(1,167,048.75)
$
-2%
Withholding Tax
10,968,495.16
$
8,536,997.03
$
129,791,818.90
$
324,355.80
$
324,898.77
$
3,849,750.03
$
4,545,377.15
$
3,686,950.93
$
52,656,807.44
$
15,838,228.11
$
12,548,846.73
$
(3,289,381.38)
$
-21%
194,267,569.67
$
186,298,376.37
$
(7,969,193.30)
$
-4%
Individual Extension
-
$
-
$
40,889,894.09
$
-
$
-
$
586,442.00
$
-
$
-
$
20,030,960.41
$
-
$
-
$
-
$
0%
108,714,445.96
$
61,507,296.50
$
(47,207,149.46)
$
-43%
Military (Riemb)
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Individual Income Tax Sub-Total
13,522,140.68
10,942,540.20
277,140,745.65
532,457.82
410,292.26
10,172,041.28
5,842,416.09
4,605,564.69
113,369,451.90
19,897,014.59
15,958,397.15
(3,938,617.44)
$                  
-20%
422,325,104.60
400,682,238.83
21,642,865.77
-5%
Corporate Income 
71,288.63
$
538,638.68
$
11,383,120.03
$
-
$
-
$
64,631.00
$
27,553.66
$
1,253,949.00
$
2,586,099.89
$
98,842.29
$
1,792,587.68
$
1,693,745.39
$
1714%
32,465,583.57
$
14,033,850.92
$
(18,431,732.65)
$
-57%
Corporate Estimated
213,370.00
$
146,375.00
$
15,275,812.22
$
-
$
-
$
14,119.00
$
20,000.00
$
88,000.00
$
5,036,709.00
$
233,370.00
$
234,375.00
$
1,005.00
$
0%
27,877,637.27
$
20,326,640.22
$
(7,550,997.05)
$
-27%
Corporate Extension
18,162.00
$
40,876.00
$
30,187,636.26
$
-
$
-
$
32,000.00
$
-
$
-
$
4,677,075.00
$
18,162.00
$
40,876.00
$
22,714.00
$
125%
43,058,367.06
$
34,896,711.26
$
(8,161,655.80)
$
-19%
Corporate Income Tax Sub-Total
302,820.63
725,889.68
56,846,568.51
0.00
0.00
110,750.00
47,553.66
1,341,949.00
12,299,883.89
350,374.29
2,067,838.68
1,717,464.39
$                   
490%
103,401,587.90
69,257,202.40
34,144,385.50
-33%
Total Income Taxes
13,824,961.31
11,668,429.88
333,987,314.16
532,457.82
410,292.26
10,282,791.28
5,889,969.75
5,947,513.69
125,669,335.79
20,247,388.88
18,026,235.83
(2,221,153.05)
$                   
-11%
525,726,692.50
469,939,441.23
55,787,251.27
-11%
Gross Receipts Tax*
`
12,328,505.57
$
12,655,797.27
$
134,471,418.04
$
1,160,739.55
$
885,936.23
$
10,875,445.62
$
5,637,273.73
$
3,763,365.71
$
50,873,361.14
$
19,126,518.85
$
17,305,099.21
$
(1,821,419.64)
$
-10%
209,221,400.60
$
196,220,224.80
$
(13,001,175.80)
$
-6%
Excise Tax
2,462,249.78
$
2,958,056.24
$
30,717,228.45
$
31.00
$
53.00
$
441.00
$
340,777.52
$
283,936.54
$
3,363,658.50
$
2,803,058.30
$
3,242,045.78
$
438,987.48
$
16%
33,801,595.03
$
34,081,327.95
$
279,732.92
$
1%
Entertainment Tax
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
15,121.81
$
-
$
(15,121.81)
$
-100%
Franchise Fee
170,469.44
$
171,333.17
$
668,666.61
$
-
$
-
$
-
$
-
$
-
$
-
$
170,469.44
$
171,333.17
$
863.73
$
1%
799,959.95
$
668,666.61
$
(131,293.34)
$
-16%
Miscellaneous, Photo Copy, Etc.
2,898.00
$
2,550.00
$
24,709.00
$
-
$
-
$
-
$
1,716.00
$
1,290.50
$
14,133.20
$
4,614.00
$
3,840.50
$
(773.50)
$
-17%
47,388.28
$
38,842.20
$
(8,546.08)
$
-18%
Environmental Infrastructure Impact Fee 85%
479,527.50
$
-
$
2,680,330.03
$
3,230.00
$
-
$
5,257.50
$
48,110.00
$
-
$
15,745.00
$
530,867.50
$
-
$
(530,867.50)
$
-100%
4,609,257.18
$
2,701,332.53
$
(1,907,924.64)
$
-41%
Total Other General Fund Taxes 
15,443,650.29
15,787,736.68
168,562,352.13
1,164,000.55
885,989.23
10,881,144.12
6,027,877.25
4,048,592.75
54,266,897.84
22,635,528.09
20,722,318.66
(1,913,209.43)
$                   
-8%
248,494,722.85
233,710,394.09
14,784,328.75
-6%
29,268,611.60
27,456,166.56
502,549,666.29
1,696,458.37
1,296,281.49
21,163,935.40
11,917,847.00
9,996,106.44
179,936,233.63
42,882,916.97
38,748,554.49
(4,134,362.48)
$                   
-10%
774,221,415.35
703,649,835.32
70,571,580.02
-9%
Special Funds
Fuel Tax (Transportation Fund/WAPA Instructure)***
236,444.00
$
168,403.92
$
1,879,413.68
$
-
$
-
$
-
$
156,175.88
$
168,981.26
$
1,988,709.75
$
392,619.88
$
337,385.18
$
(55,234.70)
$
-14%
3,946,907.06
$
3,868,123.43
$
(78,783.63)
$
-2%
Highway Users' Tax (Transportation Fund)
187,894.08
$
178,224.32
$
2,085,830.82
$
16,571.04
$
3,785.60
$
179,797.12
$
127,876.32
$
132,440.80
$
1,438,830.88
$
332,341.44
$
314,450.72
$
(17,890.72)
$
-5%
3,824,304.62
$
3,704,458.82
$
(119,845.80)
$
-3%
Hotel Room Tax
2,864,206.02
$
1,252,695.42
$
13,978,414.79
$
747,217.68
$
721,863.47
$
1,982,564.57
$
423,384.53
$
390,327.68
$
3,607,873.28
$
4,034,808.23
$
2,364,886.57
$
(1,669,921.66)
$
-41%
27,450,983.20
$
19,568,852.64
$
(7,882,130.56)
$
-29%
Non-Hotel Room Tax
797,988.44
$
1,616,555.37
$
12,173,900.18
$
577,940.37
$
-
$
4,929,979.08
$
70,352.41
$
88,042.36
$
984,117.33
$
1,446,281.22
$
1,704,597.73
$
258,316.51
$
18%
25,590,076.37
$
18,087,996.59
$
(7,502,079.78)
$
-29%
Environmental Infrastructure Impact Fee 15%
84,622.50
$
738,525.00
$
2,168,645.51
$
570.00
$
-
$
367.50
$
8,490.00
$
525.00
$
4,005.00
$
93,682.50
$
739,050.00
$
645,367.50
$
689%
813,398.33
$
2,173,018.01
$
1,359,619.68
$
167%
Gross Casino (Casino Revenue Fund)
-
$
-
$
-
$
-
$
-
$
-
$
187,970.70
$
163,908.84
$
2,023,715.92
$
187,970.70
$
163,908.84
$
(24,061.86)
$
-13%
2,183,607.40
$
2,023,715.92
$
(159,891.48)
$
-7%
Racino
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Lonesome Dove Fund
200,000.00
$
-
$
2,505,000.00
$
-
$
-
$
-
$
-
$
-
$
-
$
200,000.00
$
-
$
(200,000.00)
$
-100%
3,490,000.00
$
2,505,000.00
$
(985,000.00)
$
-28%
Arbitration Deposit
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Production Tax
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Vehicle Rental Surcharge (VI Education Initiative Fund)
202,721.85
$
123,156.45
$
1,191,965.58
$
45,986.25
$
54,400.00
$
392,812.80
$
61,365.00
$
59,624.00
$
709,080.66
$
310,073.10
$
237,180.45
$
(72,892.65)
$
-24%
2,608,353.47
$
2,293,859.04
$
(314,494.43)
$
-12%
Investment Alternative Tax
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
118,403.94
$
-
$
-
$
-
$
0%
141,651.75
$
118,403.94
$
(23,247.81)
$
-16%
Total Special Funds Revenue
4,573,876.89
4,077,560.48
35,983,170.56
1,388,285.34
780,049.07
7,485,521.07
1,035,614.84
1,003,849.94
10,874,736.76
6,997,777.07
5,861,459.49
(1,136,317.58)
$                   
-16%
70,049,282.20
54,343,428.39
15,705,853.81
-22%
TOTAL MONTHLY REVENUE COLLECTIONS
33,842,488.49
$               
31,533,727.04
$             
538,532,836.85
$             
3,084,743.71
$      
2,076,330.56
$              
28,649,456.47
$           
12,953,461.84
$            
10,999,956.38
$              
190,810,970.39
$             
49,880,694.04
$               
44,610,013.98
$              
(5,270,680.06)
$                   
-11%
844,270,697.54
$             
757,993,263.71
$              
(86,277,433.83)
$                 
-10%
Total of All Islands
Class of Tax 
Total General Fund Revenue
St. Thomas
St. John
St. Croix