BUREAU OF INTERNAL REVENUE FISCAL YEAR 2020 SEPTEMBER MONTHLY COLLECTION REPORT Collection Collection Cummulative Collection Collection Cummulative Collection Collection Cummulative Collection Collection Collection Cummulative Cummulative Cummulative FY 2019 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 % Sep-19 Sep-20 Sep-20 Sep-19 Sep-20 Sep-20 Sep-19 Sep-20 Sep-20 Sep-19 Sep-20 Difference INC/DEC Sep-19 Sep-20 Difference INC/DEC Individual Income 3,830,526.43 $ 4,892,308.92 $ 50,633,575.14 $ 74,922.19 $ 174,705.39 $ 1,921,398.75 $ 2,361,461.30 $ 815,316.97 $ 27,537,721.58 $ 6,266,909.92 $ 5,882,331.28 $ (384,578.64) $ -6% 68,608,222.81 $ 80,092,695.47 $ 11,484,472.66 $ 17% Estimated Tax 12,855,121.03 $ 6,608,725.71 $ 36,479,391.51 $ 141,844.00 $ 179,080.00 $ 1,262,909.03 $ 5,579,690.80 $ 6,114,188.04 $ 30,254,054.26 $ 18,576,655.83 $ 12,901,993.75 $ (5,674,662.08) $ -31% 72,208,127.22 $ 67,996,354.80 $ (4,211,772.42) $ -6% Withholding Tax 21,261,003.35 $ 10,953,837.17 $ 129,643,689.15 $ 227,046.72 $ 162,654.44 $ 2,890,864.92 $ 8,303,425.38 $ 7,070,268.47 $ 98,239,172.98 $ 29,791,475.45 $ 18,186,760.08 $ (11,604,715.37) $ -39% 229,363,837.24 $ 230,773,727.05 $ 1,409,889.81 $ 1% Individual Extension - $ - $ 61,033,870.02 $ - $ - $ 249,953.00 $ - $ - $ 8,663,466.79 $ - $ - $ - $ 0% 54,088,290.75 $ 69,947,289.81 $ 15,858,999.06 $ 29% Military (Riemb) - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Individual Income Tax Sub-Tota 37,946,650.81 22,454,871.80 277,790,525.82 443,812.91 516,439.83 6,325,125.70 16,244,577.48 13,999,773.48 164,694,415.61 54,635,041.20 36,971,085.11 (17,663,956.09) $ -32% 424,268,478.02 448,810,067.13 24,541,589.11 6% Corporate Income 440,227.23 $ 1,793,719.71 $ 12,382,062.03 $ 7,486.00 $ - $ 55,215.52 $ 108,272.15 $ 1,833,911.00 $ 6,058,332.76 $ 555,985.38 $ 3,627,630.71 $ 3,071,645.33 $ 552% 13,583,413.25 $ 18,495,610.31 $ 4,912,197.06 $ 36% Corporate Estimated 7,229,597.56 $ 3,132,461.00 $ 12,480,039.38 $ 4,264.00 $ 17,245.00 $ 24,731.00 $ 3,057,075.00 $ 2,132,624.00 $ 9,200,681.00 $ 10,290,936.56 $ 5,282,330.00 $ (5,008,606.56) $ -49% 34,500,136.08 $ 21,705,451.38 $ (12,794,684.70) $ -37% Corporate Extension 15,000.00 $ 1,072,702.00 $ 16,167,171.57 $ - $ - $ 5,000.00 $ - $ - $ 11,739,015.00 $ 15,000.00 $ 1,072,702.00 $ 1,057,702.00 $ 7051% 15,758,603.58 $ 27,911,186.57 $ 12,152,582.99 $ 77% Corporate Income Tax Sub-Tota 7,684,824.79 5,998,882.71 41,029,272.98 11,750.00 17,245.00 84,946.52 3,165,347.15 3,966,535.00 26,998,028.76 10,861,921.94 9,982,662.71 (879,259.23) $ -8% 63,842,152.91 68,112,248.26 4,270,095.35 7% Total Income Taxes 45,631,475.60 28,453,754.51 318,819,798.80 455,562.91 533,684.83 6,410,072.22 19,409,924.63 17,966,308.48 191,692,444.37 65,496,963.14 46,953,747.82 (18,543,215.32) $ -28% 488,110,630.93 516,922,315.39 28,811,684.46 6% Gross Receipts Tax* ` 9,756,618.39 $ 9,427,077.52 $ 139,686,764.19 $ 555,945.22 $ 409,739.14 $ 6,577,892.16 $ 8,091,820.86 $ 10,497,309.36 $ 115,979,280.44 $ 18,404,384.47 $ 20,334,126.02 $ 1,929,741.55 $ 10% 243,629,626.76 $ 262,243,936.79 $ 18,614,310.03 $ 8% Excise Tax 156,768.10 $ 135,898.00 $ 1,727,419.78 $ 238.00 $ - $ 383.00 $ 34,146.67 $ 20,064.22 $ 312,452.84 $ 191,152.77 $ 155,962.22 $ (35,190.55) $ -18% 10,879,551.82 $ 2,040,255.62 $ (8,839,296.20) $ -81% Entertainment Tax - $ - $ 6,863.75 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ 6,863.75 $ 6,863.75 $ 0% Franchise Fee - $ - $ 764,409.59 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% 674,217.34 $ 764,409.59 $ 90,192.25 $ 13% Miscellaneous, Photo Copy, Etc. 6,275.00 $ 4,900.00 $ 45,642.50 $ - $ - $ - $ 1,450.00 $ 835.00 $ 11,203.00 $ 7,725.00 $ 5,735.00 $ (1,990.00) $ -26% 202,419.23 $ 56,845.50 $ (145,573.73) $ -72% Environmental Infrastructure Impact Fee 85% 355,725.00 $ 185,448.75 $ 2,674,418.75 $ 3,867.50 $ 1,232.50 $ 37,779.31 $ 473.03 $ - $ 87,774.40 $ 360,065.53 $ 186,681.25 $ (173,384.28) $ -48% 2,805,250.35 $ 2,799,972.46 $ (5,277.89) $ 0% Total Other General Fund Taxes 10,275,386.49 9,753,324.27 144,905,518.56 560,050.72 410,971.64 6,616,054.47 8,127,890.56 10,518,208.58 116,390,710.68 18,963,327.77 20,682,504.49 1,719,176.73 $ 9% 258,191,065.50 267,912,283.71 9,721,218.21 4% 55,906,862.09 38,207,078.78 463,725,317.36 1,015,613.63 944,656.47 13,026,126.69 27,537,815.19 28,484,517.06 308,083,155.05 84,460,290.91 67,636,252.31 (16,824,038.60) $ -20% 746,301,696.43 784,834,599.10 38,532,902.67 5% Special Funds Fuel Tax (Transportation Fund/WAPA Instructure)*** 143,815.70 $ 93,245.74 $ 2,145,846.55 $ 4,200.00 $ 14,280.00 $ 138,542.04 $ 189,411.67 $ 369,217.78 $ 2,504,499.49 $ 337,427.37 $ 476,743.52 $ 139,316.15 $ 41% 4,820,363.37 $ 4,788,888.08 $ (31,475.29) $ -1% Highway Users' Tax (Transportation Fund) 173,169.12 $ 152,973.76 $ 2,032,425.61 $ 9,199.04 $ 512.00 $ 107,461.04 $ 200,692.56 $ 201,356.10 $ 2,912,184.66 $ 383,060.72 $ 354,841.86 $ (28,218.86) $ -7% 6,903,065.70 $ 5,052,071.31 $ (1,850,994.39) $ -27% Hotel Room Tax 628,803.37 $ 725,279.64 $ 11,268,952.04 $ 324,920.14 $ 340,968.30 $ 3,055,840.11 $ 166,761.94 $ 220,096.02 $ 3,367,844.16 $ 1,120,485.45 $ 1,286,343.96 $ 165,858.51 $ 15% 20,497,915.66 $ 17,692,636.31 $ (2,805,279.35) $ -14% Environmental Infrastructure Impact Fee 15% 62,775.00 $ 32,726.25 $ 471,956.25 $ - $ 266.25 $ 6,715.69 $ 83.48 $ - $ 15,489.60 $ 62,858.48 $ 32,992.50 $ (29,865.98) $ -48% 810,529.69 $ 494,161.54 $ (316,368.15) $ -39% Gross Casino (Casino Revenue Fund) - $ - $ - $ - $ - $ - $ 125,389.45 $ 10,291.80 $ 1,154,830.72 $ 125,389.45 $ 10,291.80 $ (115,097.65) $ -92% 1,978,110.49 $ 1,154,830.72 $ (823,279.77) $ -42% Racino - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% 4,796.25 $ - $ (4,796.25) $ -100% Lonesome Dove Fund - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% 160,657.32 $ - $ (160,657.32) $ -100% Arbitration Deposit - $ - $ 600,000.00 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ 600,000.00 $ 600,000.00 $ 0% - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Production Tax - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Vehicle Rental Surcharge (VI Education Initiative Fund) 58,261.25 $ 54,795.50 $ 598,796.41 $ 31,878.75 $ 28,350.95 $ 243,332.73 $ 116,430.00 $ 137,077.50 $ 1,649,194.00 $ 206,570.00 $ 220,223.95 $ 13,653.95 $ 7% 3,132,646.70 $ 2,491,323.14 $ (641,323.56) $ -20% Investment Alternative Tax - $ - $ - $ - $ - $ - $ - $ - $ 113,626.89 $ - $ - $ - $ 0% 124,625.05 $ 113,626.89 $ (10,998.16) $ -9% Total Special Funds Revenue 1,066,824.44 1,059,020.89 17,117,976.86 370,197.93 384,377.50 3,551,891.62 798,769.10 938,039.20 11,717,669.52 2,235,791.47 2,381,437.59 145,646.13 $ 7% 38,432,710.23 32,387,538.00 6,045,172.23 -16% TOTAL MONTHLY REVENUE COLLECTIONS 56,973,686.53 $ 39,266,099.67 $ 480,843,294.22 $ 1,385,811.56 $ 1,329,033.97 $ 16,578,018.31 $ 28,336,584.28 $ 29,422,556.26 $ 319,800,824.57 $ 86,696,082.37 $ 70,017,689.90 $ (16,678,392.47) $ -19% 784,734,406.66 $ 817,222,137.10 $ 32,487,730.44 $ 4% Total of All Islands Class of Tax Total General Fund Revenue St. Thomas St. John St. Croix