V.I. Bureau of Internal Revenue Year-to-Date Collections Report FY 2016 (October 2015) TAX CATEGORIES OCT YTD FY 2012 (10/1/11 - 10/31/11) OCT YTD FY 2013 (10/1/12 - 10/31/12) OCT YTD FY 2014 (10/1/13 - 10/31/13) OCT YTD FY 2015 (10/1/14 - 10/31/14) OCT YTD FY 2016 (10/1/15 - 10/31/15) DIFF FY14 & FY16 YTD FY 14 & 16 % INC -DEC DIFF FY 15 & FY 16 YTD FY 15 & 16 % INC -DEC FY 2012 ACTUAL FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL INCOME Individual - Income 3,800,160.06 $ 4,559,305.48 $ 7,471,906.87 $ 16,957,231.22 $ 7,014,461.14 $ (457,445.73) $ -6% (9,942,770.08) $ -59% 35,678,456.92 $ 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ Estimated Tax 3,419,630.00 $ 990,711.99 $ 1,408,476.00 $ 900,096.45 $ 2,895,926.40 $ 1,487,450.40 $ 106% 1,995,829.95 $ 142% 47,155,759.78 $ 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ Withholding Tax 15,451,936.50 $ 15,190,683.22 $ 12,602,190.63 $ 21,419,417.47 $ 16,008,137.74 $ 3,405,947.11 $ 27% (5,411,279.73) $ -43% 207,514,455.56 $ 186,695,812.15 $ 187,360,501.30 $ 195,876,392.51 $ Extension 1,000.00 $ - $ - $ - $ - $ 15,676,754.38 $ 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ Additional Child Tax Credit (Reimb.) - $ 5,118,104.94 $ 5,329,147.55 $ Military (Reimb.) - $ 1,555,511.00 $ 1,451,857.00 $ Making Work Pay Credit (Reimb.) - $ USVI Cover Over 22,500,000.00 $ Sub-total Individual Income 22,672,726.56 $ 20,740,700.69 $ 21,482,573.50 $ 39,276,745.14 $ 25,918,525.28 $ 4,435,951.78 $ 21% (13,358,219.86) $ -34% 311,143,531.58 $ 326,898,773.78 $ 339,414,998.17 $ 352,974,407.70 $ CORPORATE #DIV/0! Corporate - Income 218,727.01 $ 83,383.39 $ 1,079,128.90 $ 1,229,853.60 $ 613,245.86 $ (465,883.04) $ -43% (616,607.74) $ -50% 7,833,546.86 $ 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ Estimated 1,726,207.36 $ 273,030.00 $ 439,010.00 $ 822,970.00 $ 955,631.00 $ 516,621.00 $ 118% 132,661.00 $ 16% 28,957,467.89 $ 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ Extension 15,000.00 $ 5,000.00 $ 95,000.00 $ 95,000.00 $ #DIV/0! 90,000.00 $ 1800% 8,988,589.00 $ 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ Sub-Total Corporate Income 1,944,934.37 $ 371,413.39 $ 1,518,138.90 $ 2,057,823.60 $ 1,663,876.86 $ 145,737.96 $ 10% (393,946.74) $ -19% 45,779,603.75 $ 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ Total Income 24,617,660.93 $ 21,112,114.08 $ 23,000,712.40 $ 41,334,568.74 $ 27,582,402.14 $ 4,581,689.74 $ 20% (13,752,166.60) $ -33% 356,923,135.33 $ 389,273,711.59 $ 418,529,571.98 $ 429,640,463.65 $ #DIV/0! #DIV/0! GROSS RECEIPTS 8,695,363.67 $ 11,408,914.50 $ 11,012,712.60 $ 11,533,050.70 $ 9,210,951.73 $ (1,801,760.87) $ -16% (2,322,098.97) $ -20% 146,430,649.22 $ 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ EXCISE 1,834,393.25 $ 1,807,968.11 $ 2,068,376.66 $ 2,140,560.22 $ 1,961,473.24 $ (106,903.42) $ -5% (179,086.98) $ -8% 24,608,713.29 $ 33,646,037.25 $ 23,364,053.35 $ 22,954,054.91 $ ENTERTAINMENT 2,399.65 $ 3,038.90 $ - $ - $ - $ - $ #DIV/0! - $ #DIV/0! 60,833.69 $ 45,210.95 $ 12,237.57 $ 14,466.63 $ MISCELLANEOUS 8,184.50 $ 5,425.50 $ 6,757.50 $ 4,635.46 $ 4,485.00 $ (2,272.50) $ -34% (150.46) $ -3% 146,092.00 $ 56,391.48 $ 53,520.00 $ 54,660.06 $ FRANCHISE 295,402.36 $ 297,353.90 $ 272,929.24 $ - $ - $ (272,929.24) $ -100% - $ #DIV/0! 1,106,324.10 $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ Total Other Taxes 10,835,743.43 $ 13,522,700.91 $ 13,360,776.00 $ 13,678,246.38 $ 11,176,909.97 $ (2,183,866.03) $ -16% (2,501,336.41) $ -18% 172,352,612.30 $ 188,963,054.71 $ 181,866,904.19 $ 185,247,345.25 $ Total General Fund 35,453,404.36 $ 34,634,814.99 $ 36,361,488.40 $ 55,012,815.12 $ 38,759,312.11 $ 2,397,823.71 $ 7% (16,253,503.01) $ -30% 529,275,747.63 $ 578,236,766.30 $ 600,396,476.17 $ 614,887,808.90 $ #DIV/0! #DIV/0! ARBITRATION DEPOSIT 100,000.00 $ 125,000.00 $ - $ - $ (125,000.00) $ -100% - $ #DIV/0! 1,575,000.00 $ 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ PRODUCTION - $ - $ - $ - $ #DIV/0! - $ #DIV/0! 2,404,990.60 $ 2,364.91 $ - $ - $ FUEL 268,041.34 $ 256,220.16 $ 350,740.74 $ 312,284.14 $ 56,063.98 $ 22% (38,456.60) $ -11% 2,441,897.36 $ 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ HIGHWAY USER'S 300,718.24 $ 205,550.88 $ 260,977.60 $ 228,497.48 $ 262,535.04 $ 1,557.44 $ 1% 34,037.56 $ 15% 3,003,935.54 $ 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ HOTEL 431,879.88 $ 790,034.93 $ 578,370.46 $ 625,588.44 $ 704,359.92 $ 125,989.46 $ 22% 78,771.48 $ 13% 15,694,682.18 $ 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ RACINO 56,950.54 $ 57,623.39 $ 32,377.61 $ (24,572.93) $ -43% (25,245.78) $ -44% 160,422.55 $ 603,601.81 $ 570,864.96 $ GROSS CASINO 176,741.34 $ 280,955.26 $ 138,156.71 $ 101,171.65 $ 145,042.09 $ 6,885.38 $ 5% 43,870.44 $ 43% 2,433,099.34 $ 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ INVESTMENT ALTERNATIVE 53,212.85 $ 41,723.83 $ 35,832.51 $ 32,661.48 $ 33,404.92 $ (2,427.59) $ -7% 743.44 $ 2% 250,430.33 $ 164,904.11 $ 139,071.78 $ 141,893.05 $ VEHICLE RENTAL 47,855.96 $ 130,285.73 $ 151,014.66 $ 116,459.75 $ 119,531.26 $ (31,483.40) $ -21% 3,071.51 $ 3% 1,264,188.63 $ 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ Total Special Fund 1,010,408.27 $ 1,816,591.97 $ 1,602,522.64 $ 1,512,742.93 $ 1,609,534.98 $ 7,012.34 $ 0% 96,792.05 $ 6% 29,068,223.98 $ 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ #DIV/0! TOTAL 36,463,812.63 $ 36,451,406.96 $ 37,964,011.04 $ 56,525,558.05 $ 40,368,847.09 $ 2,404,836.05 $ 6% (16,156,710.96) $ -29% 558,343,971.61 $ 613,740,128.97 $ 635,168,187.03 $ 654,025,477.15 $ VI Bureau of Internal Revenue Year-to-Date Collections Report FY 2016 (November 2015) TAX CATEGORIES NOV YTD FY 2012 (10/1/11 - 11/30/11) NOV YTD FY 2013 (10/1/12 - 11/30/12) NOV YTD FY 2014 (10/1/13 - 11/30/13) NOV YTD FY 2015 (10/1/14 - 11/30/14) NOV YTD FY 2016 (10/1/15 - 11/30/15) DIFF FY14 & FY16 YTD FY 14 & 16 % INC -DEC DIFF FY 15 & FY 16 YTD FY 15 & 16 % INC -DEC FY 2012 ACTUAL FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL INCOME Individual - Income 4,876,950.34 $ 5,846,912.90 $ 8,988,456.26 $ 17,971,767.43 $ 7,943,971.86 $ (1,044,484.40) $ -12% (10,027,795.57) $ -56% 35,678,456.92 $ 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ Estimated Tax 5,531,284.00 $ 1,355,473.49 $ 2,212,934.00 $ 1,949,650.45 $ 3,664,576.80 $ 1,451,642.80 $ 66% 1,714,926.35 $ 77% 47,155,759.78 $ 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ Withholding Tax 31,078,920.63 $ 27,617,066.50 $ 27,146,894.46 $ 32,397,106.88 $ 29,934,071.92 $ 2,787,177.46 $ 10% (2,463,034.96) $ -9% 207,514,455.56 $ 186,695,812.15 $ 187,360,501.30 $ 195,876,392.51 $ Extension 1,000.00 $ - $ - $ 15,676,754.38 $ 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ Additional Child Tax Credit - $ 5,118,104.94 $ 5,329,147.55 $ Military Coverover - $ 1,555,511.00 $ 1,451,857.00 $ Making Work Pay Credit - $ Cover Over 22,500,000.00 $ Sub-total Individual Income 41,488,154.97 $ 34,819,452.89 $ 38,348,284.72 $ 52,318,524.76 $ 41,542,620.58 $ 3,194,335.86 $ 8% (10,775,904.18) $ -21% 311,143,531.58 $ 326,898,773.78 $ 339,414,998.17 $ 352,974,407.70 $ CORPORATE Corporate - Income 621,607.62 $ 424,277.81 $ 1,312,650.87 $ 1,888,623.11 $ 807,778.63 $ (504,872.24) $ -38% (1,080,844.48) $ -57% 7,833,546.86 $ 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ Estimated 2,012,421.36 $ 548,332.00 $ 465,410.00 $ 930,220.00 $ 1,113,628.38 $ 648,218.38 $ 139% 183,408.38 $ 20% 28,957,467.89 $ 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ Extension 200.00 $ 15,200.00 $ 42,200.00 $ 70,125.00 $ 95,000.00 $ 52,800.00 $ 125% 24,875.00 $ 35% 8,988,589.00 $ 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ Sub-Total Corporate Income 2,634,228.98 $ 987,809.81 $ 1,820,260.87 $ 2,888,968.11 $ 2,016,407.01 $ 196,146.14 $ 11% (872,561.10) $ -30% 45,779,603.75 $ 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ Total Income 44,122,383.95 $ 35,807,262.70 $ 40,168,545.59 $ 55,207,492.87 $ 43,559,027.59 $ 3,390,482.00 $ 8% (11,648,465.28) $ -21% 356,923,135.33 $ 389,273,711.59 $ 418,529,571.98 $ 429,640,463.65 $ GROSS RECEIPTS 19,764,775.31 $ 23,665,104.17 $ 21,503,883.51 $ 21,133,659.76 $ 20,953,116.32 $ (550,767.19) $ -3% (180,543.44) $ -1% 146,430,649.22 $ 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ EXCISE 3,739,533.86 $ 3,867,619.75 $ 3,749,395.16 $ 4,047,871.32 $ 4,001,792.51 $ 252,397.35 $ 7% (46,078.81) $ -1% 24,608,713.29 $ 33,646,037.25 $ 23,364,053.35 $ 22,954,054.91 $ ENTERTAINMENT 4,993.25 $ 8,391.35 $ 1,980.50 $ - $ - $ (1,980.50) $ -100% - $ #DIV/0! 60,833.69 $ 45,210.95 $ 12,237.57 $ 14,466.63 $ MISCELLANEOUS 11,749.50 $ 9,604.00 $ 9,717.00 $ 7,320.46 $ 9,217.00 $ (500.00) $ -5% 1,896.54 $ 26% 146,092.00 $ 56,391.48 $ 53,520.00 $ 54,660.06 $ FRANCHISE 295,402.36 $ 297,353.90 $ 272,929.24 $ 270,880.82 $ 275,098.32 $ 2,169.08 $ 1% 4,217.50 $ 2% 1,106,324.10 $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ Total Other Taxes 23,816,454.28 $ 27,848,073.17 $ 25,537,905.41 $ 25,459,732.36 $ 25,239,224.15 $ (298,681.26) $ -1% (220,508.21) $ -1% 172,352,612.30 $ 188,963,054.71 $ 181,866,904.19 $ 185,247,345.25 $ Total General Fund 67,938,838.23 $ 63,655,335.87 $ 65,706,451.00 $ 80,667,225.23 $ 68,798,251.74 $ 3,091,800.74 $ 5% (11,868,973.49) $ -15% 529,275,747.63 $ 578,236,766.30 $ 600,396,476.17 $ 614,887,808.90 $ ARBITRATION DEPOSIT 100,000.00 $ 350,000.00 $ 125,000.00 $ 100,000.00 $ 100,000.00 $ (25,000.00) $ -20% - $ 0% 1,575,000.00 $ 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ PRODUCTION 550,242.44 $ - $ #DIV/0! - $ #DIV/0! 2,404,990.60 $ 2,364.91 $ - $ - $ FUEL 389,813.41 $ 835,353.40 $ 703,715.28 $ 641,012.44 $ 663,830.58 $ (39,884.70) $ -6% 22,818.14 $ 4% 2,441,897.36 $ 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ HIGHWAY USER'S 660,807.62 $ 475,165.60 $ 630,874.86 $ 569,644.74 $ 680,361.71 $ 49,486.85 $ 8% 110,716.97 $ 19% 3,003,935.54 $ 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ HOTEL 941,025.74 $ 1,462,293.82 $ 1,179,639.12 $ 1,343,855.88 $ 1,473,812.03 $ 294,172.91 $ 25% 129,956.15 $ 10% 15,694,682.18 $ 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ RACINO 83,326.96 $ 111,052.29 $ 111,119.51 $ 27,792.55 $ 33% 67.22 $ 0% 160,422.55 $ 603,601.81 $ 570,864.96 $ GROSS CASINO 399,205.98 $ 454,246.73 $ 243,458.29 $ 193,320.35 $ 243,272.24 $ (186.05) $ 0% 49,951.89 $ 26% 2,433,099.34 $ 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ INVESTMENT ALTERNATIVE 53,212.85 $ 41,723.83 $ 35,832.51 $ 32,661.48 $ 33,404.92 $ (2,427.59) $ -7% 743.44 $ 2% 250,430.33 $ 164,904.11 $ 139,071.78 $ 141,893.05 $ VEHICLE RENTAL 115,128.36 $ 233,535.18 $ 242,240.50 $ 222,488.68 $ 206,257.01 $ (35,983.49) $ -15% (16,231.67) $ -7% 1,264,188.63 $ 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ Total Special Fund 3,209,436.40 $ 3,852,318.56 $ 3,244,087.52 $ 3,214,035.86 $ 3,512,058.00 $ 267,970.48 $ 8% 298,022.14 $ 9% 29,068,223.98 $ 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ TOTAL 71,148,274.63 $ 67,507,654.43 $ 68,950,538.52 $ 83,881,261.09 $ 72,310,309.74 $ 3,359,771.22 $ 5% (11,570,951.35) $ -14% 558,343,971.61 $ 613,740,128.97 $ 635,168,187.03 $ 654,025,477.15 $ V.I. Bureau of Internal Revenue Bureau Collection Report YTD December 2012 FY 2016 TAX CATEGORIES DEC YTD FY 2012 (10/1/10 - 12/31/11) DEC YTD FY 2013 (10/1/12 - 12/31/12) DEC YTD FY 2014 (10/1/13 - 12/31/13) DEC YTD FY 2015 (10/1/14 - 12/31/14) DEC YTD FY 2016 (10/1/15 - 12/31/15) DIFF FY14 & FY16 YTD FY 14 & 16 % INC -DEC DIFF FY 15 & FY 16 YTD FY 15 & 16 % INC -DEC FY 2011 ACTUAL FY 2012 ACTUAL FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL INCOME Individual - Income 6,025,656.08 $ 7,035,459.35 $ 10,114,691.87 $ 19,270,185.68 $ 9,102,805.14 $ (1,011,886.73) $ -11% (10,167,380.54) $ -112% 48,695,547.52 $ 35,678,456.92 $ 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ Estimated Tax 6,555,575.53 $ 2,308,317.70 $ 3,323,186.00 $ 3,683,745.68 $ 4,270,057.80 $ 946,871.80 $ 22% 586,312.12 $ 14% 44,982,063.90 $ 47,155,759.78 $ 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ Withholding Tax 51,601,958.94 $ 48,462,003.55 $ 45,976,970.70 $ 50,582,863.06 $ 45,211,597.72 $ (765,372.98) $ -2% (5,371,265.34) $ -12% 215,529,803.48 $ 207,514,455.56 $ 186,695,812.15 $ 187,360,501.30 $ 195,877,453.51 $ Extension 1,000.00 $ 26,502,553.68 $ 15,676,754.38 $ 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ Additional Child Tax Credit 10,257,210.73 $ 5,118,104.94 $ 5,329,147.55 $ Military 1,555,511.00 $ Making Work Pay Credit 9,417,250.00 $ - $ Sub-total Individual Income 64,184,190.55 $ 57,805,780.60 $ 59,414,848.57 $ 73,536,794.42 $ 58,584,460.66 $ (830,387.91) $ -1% (14,952,333.76) $ -26% 355,384,429.31 $ 311,143,531.58 $ 326,898,773.78 $ 315,463,141.17 $ 352,975,468.70 $ CORPORATE Corporate - Income 1,449,326.98 $ 466,338.22 $ 2,960,757.63 $ 2,435,086.51 $ 1,395,148.88 $ (1,565,608.75) $ -112% (1,039,937.63) $ -75% 8,424,571.01 $ 7,833,546.86 $ 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ Estimated 9,305,358.36 $ 6,582,025.00 $ 4,984,594.00 $ 12,415,991.00 $ 7,174,164.38 $ 2,189,570.38 $ 31% (5,241,826.62) $ -73% 32,276,569.99 $ 28,957,467.89 $ 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ Extension 41,142.00 $ 89,606.00 $ 839,267.25 $ 178,636.00 $ 250,372.00 $ (588,895.25) $ -235% 71,736.00 $ 29% 13,010,082.10 $ 8,988,589.00 $ 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ Sub-Total Corporate Income 10,795,827.34 $ 7,137,969.22 $ 8,784,618.88 $ 15,029,713.51 $ 8,819,685.26 $ 35,066.38 $ 0% (6,210,028.25) $ -70% 53,711,223.10 $ 45,779,603.75 $ 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ Total Income 74,980,017.89 $ 64,943,749.82 $ 68,199,467.45 $ 88,566,507.93 $ 67,404,145.92 $ (795,321.53) $ -1% (21,162,362.01) $ -31% 409,095,652.41 $ 356,923,135.33 $ 389,273,711.59 $ 394,577,714.98 $ 429,641,524.65 $ GROSS RECEIPTS 33,790,815.87 $ 36,473,918.13 $ 33,745,076.29 $ 35,038,765.12 $ 35,054,348.27 $ 1,309,271.98 $ 4% 15,583.15 $ 0% 135,938,862.77 $ 146,430,649.22 $ 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ EXCISE 5,873,833.99 $ 5,636,970.52 $ 5,656,165.22 $ 6,221,253.07 $ 6,249,751.70 $ 593,586.48 $ 9% 28,498.63 $ 0% 23,408,693.50 $ 24,608,713.29 $ 33,646,037.25 $ 23,364,053.35 $ 23,044,374.39 $ ENTERTAINMENT 4,993.25 $ 11,293.85 $ 1,980.50 $ 1,680.00 $ - $ (1,980.50) $ (1,680.00) $ 60,009.64 $ 60,833.69 $ 45,210.95 $ 12,237.57 $ 14,466.63 $ MISCELLANEOUS 16,670.00 $ 14,817.79 $ 14,052.00 $ 10,158.46 $ 13,166.00 $ (886.00) $ -7% 3,007.54 $ 23% 73,040.95 $ 146,092.00 $ 56,391.48 $ 53,520.00 $ 54,660.06 $ FRANCHISE 295,402.36 $ 297,353.90 $ 272,929.24 $ 270,880.82 $ 275,098.32 $ 2,169.08 $ 1% 4,217.50 $ 2% 1,096,247.16 $ 1,106,324.10 $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ Total Other Taxes 39,981,715.47 $ 42,434,354.19 $ 39,690,203.25 $ 41,542,737.47 $ 41,592,364.29 $ 1,902,161.04 $ 5% 49,626.82 $ 0% 160,576,854.02 $ 172,352,612.30 $ 188,963,054.71 $ 181,866,904.19 $ 185,337,664.73 $ Total General Fund 114,961,733.36 $ 107,378,104.01 $ 107,889,670.70 $ 130,109,245.40 $ 108,996,510.21 $ 1,106,839.51 $ 1% (21,112,735.19) $ -19% 569,672,506.43 $ 529,275,747.63 $ 578,236,766.30 $ 576,444,619.17 $ 614,979,189.38 $ ARBITRATION DEPOSIT 200,000.00 $ 450,000.00 $ 225,000.00 $ 275,000.00 $ 200,000.00 $ (25,000.00) $ -13% (75,000.00) $ -38% 1,425,000.00 $ 1,575,000.00 $ 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ PRODUCTION 550,242.44 $ 308,884.58 $ - $ - $ 2,646,247.57 $ 2,404,990.60 $ 2,364.91 $ - $ - $ FUEL 600,088.23 $ 866,153.12 $ 1,072,263.05 $ 928,814.57 $ 1,033,164.01 $ (39,099.04) $ -4% 104,349.44 $ 10% 2,571,524.13 $ 2,441,897.36 $ 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ HIGHWAY USER'S 996,714.18 $ 734,650.41 $ 950,628.20 $ 1,134,084.32 $ 1,086,617.11 $ 135,988.91 $ 13% (47,467.21) $ -4% 2,810,477.32 $ 3,003,935.54 $ 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ HOTEL 2,111,906.86 $ 2,728,875.12 $ 2,612,605.16 $ 2,517,818.95 $ 2,838,648.68 $ 226,043.52 $ 8% 320,829.73 $ 11% 17,157,792.16 $ 15,694,682.18 $ 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ RACINO 164,311.76 $ 157,713.64 $ 153,267.81 $ (11,043.95) $ -7% (4,445.83) $ -3% 160,422.55 $ 603,601.81 $ 570,864.96 $ GROSS CASINO 552,135.25 $ 559,604.92 $ 368,277.81 $ 283,888.63 $ 336,635.32 $ (31,642.49) $ -9% 52,746.69 $ 16% 2,547,459.51 $ 2,433,099.34 $ 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ INVESTMENT ALTERNATIVE 53,212.85 $ 41,723.83 $ 35,832.51 $ 32,661.48 $ 33,404.92 $ (2,427.59) $ -7% 743.44 $ 2% 267,804.16 $ 250,430.33 $ 164,904.11 $ 139,071.78 $ 141,893.05 $ VEHICLE RENTAL 205,205.30 $ 384,391.33 $ 374,010.00 $ 380,210.57 $ 319,958.16 $ (54,051.84) $ -17% (60,252.41) $ -19% 1,131,802.63 $ 1,264,188.63 $ 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ Total Special Fund 5,269,505.11 $ 6,074,283.31 $ 5,802,928.49 $ 5,710,192.16 $ 6,001,696.01 $ 198,767.52 $ 3% 291,503.85 $ 5% 30,558,107.48 $ 29,068,223.98 $ 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ TOTAL 120,231,238.47 $ 113,452,387.32 $ 113,692,599.19 $ 135,819,437.56 $ 114,998,206.22 $ 1,305,607.03 $ 1% (20,821,231.34) $ -18% 600,230,613.91 $ 558,343,971.61 $ 613,740,128.97 $ 611,216,330.03 $ 654,116,857.63 $ V.I. Bureau of Internal Revenue Bureau Collection Report YTD December 2012 FY 2016 Government of the Virgin Islands Bureau of Internal Revenue, Office of the Director Revenue Report Year to Date January 2016 - FY's 2012 - 2016 TAX CATEGORIES JAN YTD FY 2012 (10/1/11 - 1/31/12) JAN YTD FY 2013 (10/1/12 - 1/31/13) JAN YTD FY 2014 (10/1/13 - 1/31/14) JAN YTD FY 2015 (10/1/14 - 1/31/15) JAN YTD FY 2016 (10/1/15 - 1/31/16) DIFF FY14 & FY16 YTD FY 14 & 16 % INC -DEC DIFF FY 15 & FY 16 YTD FY 15 & 16 % INC -DEC FY 2011 ACTUAL FY 2012 ACTUAL FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL INCOME Individual - Income 7,066,420.86 $ 8,037,563.28 $ 11,123,668.88 $ 20,494,213.31 $ 10,250,840.37 $ (872,828.51) $ -8% (10,243,372.94) $ -50% 48,695,547.52 $ 35,678,456.92 $ 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ Estimated Tax 18,347,825.85 $ 15,082,463.64 $ 17,677,339.23 $ 21,250,990.49 $ 22,279,056.92 $ 4,601,717.69 $ 26% 1,028,066.43 $ 5% 44,982,063.90 $ 47,155,759.78 $ 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ Withholding Tax 69,543,937.85 $ 68,952,803.03 $ 64,698,479.30 $ 66,809,045.64 $ 61,309,538.78 $ (3,388,940.52) $ -5% (5,499,506.86) $ -8% 215,529,803.48 $ 207,514,455.56 $ 186,695,812.15 $ 187,360,501.30 $ 195,877,453.51 $ Extension 34,275.00 $ (34,275.00) $ -100% - $ 26,502,553.68 $ 15,676,754.38 $ 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ Additional Child Tax Credit 10,257,210.73 $ 5,118,104.94 $ 5,329,147.55 $ Military 1,555,511.00 $ Making Work Pay Credit 9,417,250.00 $ - $ Sub-total Individual Income 94,958,184.56 $ 92,072,829.95 $ 93,533,762.41 $ 108,554,249.44 $ 93,839,436.07 $ 305,673.66 $ 0% (14,714,813.37) $ -14% 355,384,429.31 $ 311,143,531.58 $ 326,898,773.78 $ 315,463,141.17 $ 352,975,468.70 $ CORPORATE Corporate - Income 1,539,581.50 $ 665,097.42 $ 3,555,089.11 $ 2,822,911.30 $ 1,713,271.55 $ (1,841,817.56) $ -52% (1,109,639.75) $ -39% 8,424,571.01 $ 7,833,546.86 $ 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ Estimated 10,530,755.36 $ 7,772,351.65 $ 7,381,254.50 $ 19,280,747.00 $ 8,415,638.38 $ 1,034,383.88 $ 14% (10,865,108.62) $ -56% 32,276,569.99 $ 28,957,467.89 $ 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ Extension 42,342.00 $ 132,375.00 $ 1,335,467.25 $ 200,420.00 $ 264,719.00 $ (1,070,748.25) $ -80% 64,299.00 $ 32% 13,010,082.10 $ 8,988,589.00 $ 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ Sub-Total Corporate Income 12,112,678.86 $ 8,569,824.07 $ 12,271,810.86 $ 22,304,078.30 $ 10,393,628.93 $ (1,878,181.93) $ -15% (11,910,449.37) $ -53% 53,711,223.10 $ 45,779,603.75 $ 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ Total Income 107,070,863.42 $ 100,642,654.02 $ 105,805,573.27 $ 130,858,327.74 $ 104,233,065.00 $ (1,572,508.27) $ -1% (26,625,262.74) $ -20% 409,095,652.41 $ 356,923,135.33 $ 389,273,711.59 $ 394,577,714.98 $ 429,641,524.65 $ GROSS RECEIPTS 45,784,240.97 $ 51,170,289.32 $ 50,552,104.24 $ 49,911,301.08 $ 48,507,057.13 $ (2,045,047.11) $ -4% (1,404,243.95) $ -3% 135,938,862.77 $ 146,430,649.22 $ 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ EXCISE 7,946,222.64 $ 7,718,914.34 $ 7,793,648.56 $ 7,932,433.01 $ 8,317,687.95 $ 524,039.39 $ 7% 385,254.94 $ 5% 23,408,693.50 $ 24,608,713.29 $ 33,646,037.25 $ 23,364,053.35 $ 23,044,374.39 $ ENTERTAINMENT 13,114.15 $ 18,228.00 $ 4,997.50 $ 4,598.25 $ 1,030.00 $ (3,967.50) $ -79% (3,568.25) $ -78% 60,009.64 $ 60,833.69 $ 45,210.95 $ 12,237.57 $ 14,466.63 $ MISCELLANEOUS 20,516.00 $ 19,259.79 $ 18,162.50 $ 16,989.88 $ 20,287.36 $ 2,124.86 $ 12% 3,297.48 $ 19% 73,040.95 $ 146,092.00 $ 56,391.48 $ 53,520.00 $ 54,660.06 $ FRANCHISE 592,339.25 $ 595,053.23 $ 545,095.77 $ 270,880.82 $ 275,098.32 $ (269,997.45) $ -50% 4,217.50 $ 2% 1,096,247.16 $ 1,106,324.10 $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ Total Other Taxes 54,356,433.01 $ 59,521,744.68 $ 58,914,008.57 $ 58,136,203.04 $ 57,121,160.76 $ (1,792,847.81) $ -3% (1,015,042.28) $ -2% 160,576,854.02 $ 172,352,612.30 $ 188,963,054.71 $ 181,866,904.19 $ 185,337,664.73 $ Total General Fund 161,427,296.43 $ 160,164,398.70 $ 164,719,581.84 $ 188,994,530.78 $ 161,354,225.76 $ (3,365,356.08) $ -2% (27,640,305.02) $ -15% 569,672,506.43 $ 529,275,747.63 $ 578,236,766.30 $ 576,444,619.17 $ 614,979,189.38 $ ARBITRATION DEPOSIT 270,000.00 $ 450,000.00 $ 275,000.00 $ 425,000.00 $ 200,000.00 $ (75,000.00) $ -27% (225,000.00) $ -53% 1,425,000.00 $ 1,575,000.00 $ 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ PRODUCTION 550,242.44 $ - $ 2,646,247.57 $ 2,404,990.60 $ 2,364.91 $ - $ - $ FUEL 807,176.79 $ 1,843,699.54 $ 1,449,176.51 $ 1,561,980.81 $ 1,290,224.69 $ (158,951.82) $ -11% (271,756.12) $ -17% 2,571,524.13 $ 2,441,897.36 $ 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ HIGHWAY USER'S 1,264,125.41 $ 978,875.85 $ 1,158,382.12 $ 1,376,365.23 $ 1,344,028.63 $ 185,646.51 $ 16% (32,336.60) $ -2% 2,810,477.32 $ 3,003,935.54 $ 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ HOTEL 3,645,249.55 $ 5,898,434.26 $ 4,893,999.45 $ 4,852,060.25 $ 5,145,031.05 $ 251,031.60 $ 5% 292,970.80 $ 6% 17,157,792.16 $ 15,694,682.18 $ 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ RACINO 207,446.45 $ 224,527.46 $ 198,171.96 $ (9,274.49) $ -4% (26,355.50) $ -12% 160,422.55 $ 603,601.81 $ 570,864.96 $ GROSS CASINO 766,704.10 $ 832,581.22 $ 502,652.39 $ 458,647.41 $ 435,025.95 $ (67,626.44) $ -13% (23,621.46) $ -5% 2,547,459.51 $ 2,433,099.34 $ 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ INVESTMENT ALTERNATIVE 100,407.42 $ 85,605.15 $ 71,567.94 $ 66,956.71 $ 66,597.55 $ (4,970.39) $ -7% (359.16) $ -1% 267,804.16 $ 250,430.33 $ 164,904.11 $ 139,071.78 $ 141,893.05 $ VEHICLE RENTAL 301,016.10 $ 549,470.06 $ 603,845.54 $ 530,781.53 $ 452,072.57 $ (151,772.97) $ -25% (78,708.96) $ -15% 1,131,802.63 $ 1,264,188.63 $ 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ Total Special Fund 7,704,921.81 $ 10,638,666.08 $ 9,162,070.40 $ 9,496,319.40 $ 9,131,152.40 $ (30,918.00) $ 0% (365,167.00) $ -4% 30,558,107.48 $ 29,068,223.98 $ 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ TOTAL 169,132,218.24 $ 170,803,064.78 $ 173,881,652.24 $ 198,490,850.18 $ 170,485,378.16 $ (3,396,274.08) $ -2% (28,005,472.02) $ -14% 600,230,613.91 $ 558,343,971.61 $ 613,740,128.97 $ 611,216,330.03 $ 654,116,857.63 $ Government of the Virgin Islands Bureau of Internal Revenue, Office of the Director Revenue Report Year to Date February 2016 - FY's 2012 - 2016 TAX CATEGORIES FEB YTD FY 2011 (10/1/10 - 2/28/11) FEB YTD FY 2012 (10/1/11 - 2/28/12) FEB YTD FY 2013 (10/1/12 - 2/28/13) FEB YTD FY 2014 (10/1/13 - 2/28/14) FEB YTD FY 2015 (10/1/14 - 2/28/15) FEB YTD FY 2016 (10/1/15 - 2/29/16) DIFF FY14 & FY16 YTD FY 14 & 16 % INC -DEC DIFF FY 15 & FY 16 YTD FY 15 & 16 % INC -DEC FY 2011 ACTUAL FY 2012 ACTUAL FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL INCOME Individual - Income 13,951,624.62 $ 8,249,871.71 $ 9,723,484.19 $ 13,093,639.60 $ 22,117,449.59 $ 11,893,715.57 $ (1,199,924.03) $ -9% (10,223,734.02) $ -46% 48,695,547.52 $ 35,678,456.92 $ 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ Estimated Tax 15,416,584.16 $ 19,108,034.05 $ 15,548,638.64 $ 18,038,612.23 $ 21,991,142.49 $ 22,986,283.68 $ 4,947,671.45 $ 27% 995,141.19 $ 5% 44,982,063.90 $ 47,155,759.78 $ 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ Withholding Tax 85,814,127.29 $ 84,882,912.66 $ 84,764,290.24 $ 81,998,195.04 $ 79,952,666.06 $ 78,639,059.89 $ (3,359,135.15) $ -4% (1,313,606.17) $ -2% 215,529,803.48 $ 207,514,455.56 $ 186,695,812.15 $ 187,360,501.30 $ 195,877,453.51 $ Extension 25,002.00 $ 125,000.00 $ 52,275.00 $ - $ 100.00 $ (52,175.00) $ 26,502,553.68 $ 15,676,754.38 $ 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ Additional Child Tax Credit 10,257,210.73 $ 5,118,104.94 $ 5,329,147.55 $ Military 1,555,511.00 $ Making Work Pay Credit 9,417,250.00 $ - $ Sub-total Individual Income 115,182,336.07 $ 112,265,820.42 $ 110,161,413.07 $ 113,182,721.87 $ 124,061,258.14 $ 113,519,159.14 $ 336,437.27 $ 0% (10,542,199.00) $ -8% 355,384,429.31 $ 311,143,531.58 $ 326,898,773.78 $ 315,463,141.17 $ 352,975,468.70 $ CORPORATE Corporate - Income 2,344,988.91 $ 2,321,710.49 $ 1,794,541.41 $ 3,659,088.05 $ 3,067,699.12 $ 2,003,442.90 $ (1,655,645.15) $ -45% (1,064,256.22) $ -35% 8,424,571.01 $ 7,833,546.86 $ 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ Estimated 8,589,727.04 $ 10,740,573.36 $ 7,904,130.65 $ 7,455,178.50 $ 19,316,017.00 $ 8,685,330.38 $ 1,230,151.88 $ 17% (10,630,686.62) $ -55% 32,276,569.99 $ 28,957,467.89 $ 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ Extension 516,500.00 $ 63,342.00 $ 520,986.00 $ 1,375,467.25 $ 777,420.00 $ 1,007,734.00 $ (367,733.25) $ -27% 230,314.00 $ 30% 13,010,082.10 $ 8,988,589.00 $ 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ Sub-Total Corporate Income 11,451,215.95 $ 13,125,625.85 $ 10,219,658.06 $ 12,489,733.80 $ 23,161,136.12 $ 11,696,507.28 $ (793,226.52) $ -6% (11,464,628.84) $ -49% 53,711,223.10 $ 45,779,603.75 $ 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ Total Income 126,633,552.02 $ 125,391,446.27 $ 120,381,071.13 $ 125,672,455.67 $ 147,222,394.26 $ 125,215,666.42 $ (456,789.25) $ 0% (22,006,827.84) $ -15% 409,095,652.41 $ 356,923,135.33 $ 389,273,711.59 $ 394,577,714.98 $ 429,641,524.65 $ GROSS RECEIPTS 53,787,213.12 $ 62,202,002.26 $ 67,134,025.93 $ 65,728,585.10 $ 64,941,334.77 $ 63,569,673.76 $ (2,158,911.34) $ -3% (1,371,661.01) $ -2% 135,938,862.77 $ 146,430,649.22 $ 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ EXCISE 9,953,964.74 $ 9,846,120.96 $ 9,945,267.69 $ 9,755,900.87 $ 9,725,395.46 $ 10,158,131.18 $ 402,230.31 $ 4% 432,735.72 $ 4% 23,408,693.50 $ 24,608,713.29 $ 33,646,037.25 $ 23,364,053.35 $ 23,044,374.39 $ ENTERTAINMENT 26,290.99 $ 16,345.02 $ 30,035.50 $ 9,235.25 $ 7,012.25 $ 1,030.00 $ (8,205.25) $ -89% (5,982.25) $ -85% 60,009.64 $ 60,833.69 $ 45,210.95 $ 12,237.57 $ 14,466.63 $ MISCELLANEOUS 105,397.00 $ 25,755.50 $ 23,939.48 $ 23,624.00 $ 17,868.36 $ 22,658.00 $ (966.00) $ -4% 4,789.64 $ 27% 73,040.95 $ 146,092.00 $ 56,391.48 $ 53,520.00 $ 54,660.06 $ FRANCHISE 539,109.33 $ 592,339.25 $ 595,053.23 $ 545,095.77 $ 537,483.23 $ 275,098.32 $ (269,997.45) $ -50% (262,384.91) $ -49% 1,096,247.16 $ 1,106,324.10 $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ Total Other Taxes 64,411,975.18 $ 72,682,562.99 $ 77,728,321.83 $ 76,062,440.99 $ 75,229,094.07 $ 74,026,591.26 $ (2,035,849.73) $ -3% (1,202,502.81) $ -2% 160,576,854.02 $ 172,352,612.30 $ 188,963,054.71 $ 181,866,904.19 $ 185,337,664.73 $ Total General Fund 191,045,527.20 $ 198,074,009.26 $ 198,109,392.96 $ 201,734,896.66 $ 222,451,488.33 $ 199,242,257.68 $ (2,492,638.98) $ -1% (23,209,330.65) $ -10% 569,672,506.43 $ 529,275,747.63 $ 578,236,766.30 $ 576,444,619.17 $ 614,979,189.38 $ ARBITRATION DEPOSIT 1,000,000.00 $ 270,000.00 $ 550,000.00 $ 275,000.00 $ 625,000.00 $ 200,000.00 $ (75,000.00) $ -27% (425,000.00) $ -68% 1,425,000.00 $ 1,575,000.00 $ 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ PRODUCTION 1,372,483.44 $ 1,028,030.46 $ - $ - $ 2,646,247.57 $ 2,404,990.60 $ 2,364.91 $ - $ - $ FUEL 878,995.67 $ 993,178.27 $ 2,211,254.28 $ 1,772,391.89 $ 2,056,628.16 $ 1,666,352.86 $ (106,039.03) $ -6% (390,275.30) $ -19% 2,571,524.13 $ 2,441,897.36 $ 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ HIGHWAY USER'S 1,546,746.72 $ 1,467,457.89 $ 1,177,343.89 $ 1,348,170.60 $ 1,578,575.79 $ 1,584,552.91 $ 236,382.31 $ 18% 5,977.12 $ 0% 2,810,477.32 $ 3,003,935.54 $ 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ HOTEL 5,307,243.05 $ 5,832,901.05 $ 8,400,302.63 $ 7,741,319.72 $ 7,157,231.91 $ 8,480,831.80 $ 739,512.08 $ 10% 1,323,599.89 $ 18% 17,157,792.16 $ 15,694,682.18 $ 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ RACINO 235,777.31 $ 255,786.75 $ 253,116.63 $ 17,339.32 $ 7% (2,670.12) $ -1% 160,422.55 $ 603,601.81 $ 570,864.96 $ GROSS CASINO 1,069,838.69 $ 1,020,677.46 $ 1,030,363.66 $ 600,970.65 $ 563,221.64 $ 583,509.08 $ (17,461.57) $ -3% 20,287.44 $ 4% 2,547,459.51 $ 2,433,099.34 $ 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ INVESTMENT ALTERNATIVE 127,519.81 $ 100,407.42 $ 85,605.15 $ 71,567.94 $ 66,956.71 $ 66,597.55 $ (4,970.39) $ -7% (359.16) $ -1% 267,804.16 $ 250,430.33 $ 164,904.11 $ 139,071.78 $ 141,893.05 $ VEHICLE RENTAL 413,668.10 $ 492,961.49 $ 778,230.96 $ 893,367.79 $ 751,108.53 $ 693,483.77 $ (199,884.02) $ -22% (57,624.76) $ -8% 1,131,802.63 $ 1,264,188.63 $ 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ Total Special Fund 11,716,495.48 $ 11,205,614.04 $ 14,233,100.57 $ 12,938,565.90 $ 13,054,509.49 $ 13,528,444.60 $ 589,878.70 $ 5% 473,935.11 $ 4% 30,558,107.48 $ 29,068,223.98 $ 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ TOTAL 202,762,022.68 $ 209,279,623.30 $ 212,342,493.53 $ 214,673,462.56 $ 235,505,997.82 $ 212,770,702.28 $ (1,902,760.28) $ -1% (22,735,395.54) $ -10% 600,230,613.91 $ 558,343,971.61 $ 613,740,128.97 $ 611,216,330.03 $ 654,116,857.63 $ Government of the Virgin Islands Bureau of Internal Revenue, Office of the Director Revenue Report Year to Date March 2016 - FY's 2012 - 2016 TAX CATEGORIES MAR YTD FY 2012 (10/1/11 - 3/31/12) MAR YTD FY 2013 (10/1/12 - 3/31/13) MAR YTD FY 2014 (10/1/13 - 3/31/14) MAR YTD FY 2015 (10/1/14 - 3/31/15) MAR YTD FY 2016 (10/1/15 - 3/31/16) DIFF FY14 & FY16 YTD FY 14 & 16 % INC -DEC DIFF FY 15 & FY 16 YTD FY 15 & 16 % INC -DEC FY 2011 ACTUAL FY 2012 ACTUAL FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL INCOME Individual - Income 10,729,168.06 $ 12,599,893.92 $ 18,509,039.84 $ 24,910,713.74 $ 14,830,371.81 $ (3,678,668.03) $ -20% (10,080,341.93) $ -40% 48,695,547.52 $ 35,678,456.92 $ 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ Estimated Tax 20,887,697.37 $ 20,874,919.86 $ 18,374,325.23 $ 23,600,959.49 $ 23,995,324.68 $ 5,620,999.45 $ 31% 394,365.19 $ 2% 44,982,063.90 $ 47,155,759.78 $ 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ Withholding Tax 103,885,129.23 $ 101,120,810.57 $ 97,625,285.81 $ 100,835,588.65 $ 98,578,802.68 $ 953,516.87 $ 1% (2,256,785.97) $ -2% 215,529,803.48 $ 207,514,455.56 $ 186,695,812.15 $ 187,360,501.30 $ 195,877,453.51 $ Extension 169,948.00 $ 427,448.00 $ 135,671.77 $ 485,545.00 $ 1,331,833.00 $ 1,196,161.23 $ 882% 846,288.00 $ 174% 26,502,553.68 $ 15,676,754.38 $ 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ Additional Child Tax Credit 10,257,210.73 $ 5,118,104.94 $ 5,329,147.55 $ Military 1,555,511.00 $ Making Work Pay Credit 9,417,250.00 $ - $ Sub-total Individual Income 135,671,942.66 $ 135,023,072.35 $ 134,644,322.65 $ 149,832,806.88 $ 138,736,332.17 $ 4,092,009.52 $ 3% (11,096,474.71) $ -7% 355,384,429.31 $ 311,143,531.58 $ 326,898,773.78 $ 315,463,141.17 $ 352,975,468.70 $ CORPORATE Corporate - Income 3,481,332.55 $ 2,561,945.67 $ 4,791,383.84 $ 3,878,518.73 $ 3,857,991.94 $ (933,391.90) $ -19% (20,526.79) $ -1% 8,424,571.01 $ 7,833,546.86 $ 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ Estimated 11,682,243.36 $ 8,263,521.65 $ 7,875,725.50 $ 19,954,711.00 $ 9,690,720.69 $ 1,814,995.19 $ 23% (10,263,990.31) $ -51% 32,276,569.99 $ 28,957,467.89 $ 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ Extension 7,677,544.00 $ 6,819,880.00 $ 8,274,166.75 $ 8,120,367.20 $ 10,201,145.09 $ 1,926,978.34 $ 23% 2,080,777.89 $ 26% 13,010,082.10 $ 8,988,589.00 $ 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ Sub-Total Corporate Income 22,841,119.91 $ 17,645,347.32 $ 20,941,276.09 $ 31,953,596.93 $ 23,749,857.72 $ 2,808,581.63 $ 13% (8,203,739.21) $ -26% 53,711,223.10 $ 45,779,603.75 $ 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ Total Income 158,513,062.57 $ 152,668,419.67 $ 155,585,598.74 $ 181,786,403.81 $ 162,486,189.89 $ 6,900,591.15 $ 4% (19,300,213.92) $ -11% 409,095,652.41 $ 356,923,135.33 $ 389,273,711.59 $ 394,577,714.98 $ 429,641,524.65 $ GROSS RECEIPTS 77,280,803.99 $ 79,096,849.84 $ 77,616,385.85 $ 79,205,136.02 $ 77,249,121.18 $ (367,264.67) $ 0% (1,956,014.84) $ -2% 135,938,862.77 $ 146,430,649.22 $ 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ EXCISE 11,960,242.58 $ 12,081,872.11 $ 11,207,205.25 $ 11,497,210.86 $ 12,374,394.70 $ 1,167,189.45 $ 10% 877,183.84 $ 8% 23,408,693.50 $ 24,608,713.29 $ 33,646,037.25 $ 23,364,053.35 $ 23,044,374.39 $ ENTERTAINMENT 22,476.51 $ 30,519.85 $ 10,637.75 $ 7,012.25 $ 1,030.00 $ (9,607.75) $ -90% (5,982.25) $ -85% 60,009.64 $ 60,833.69 $ 45,210.95 $ 12,237.57 $ 14,466.63 $ MISCELLANEOUS 114,945.35 $ 27,552.98 $ 28,647.90 $ 29,084.02 $ 28,333.18 $ (314.72) $ -1% (750.84) $ -3% 73,040.95 $ 146,092.00 $ 56,391.48 $ 53,520.00 $ 54,660.06 $ FRANCHISE 592,339.25 $ 595,053.23 $ 545,095.77 $ 537,483.23 $ 532,033.87 $ (13,061.90) $ -2% (5,449.36) $ -1% 1,096,247.16 $ 1,106,324.10 $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ Total Other Taxes 89,970,807.68 $ 91,831,848.01 $ 89,407,972.52 $ 91,275,926.38 $ 90,184,912.93 $ 776,940.41 $ 1% (1,091,013.45) $ -1% 160,576,854.02 $ 172,352,612.30 $ 188,963,054.71 $ 181,866,904.19 $ 185,337,664.73 $ Total General Fund 248,483,870.25 $ 244,500,267.68 $ 244,993,571.26 $ 273,062,330.19 $ 252,671,102.82 $ 7,677,531.56 $ 3% (20,391,227.37) $ -7% 569,672,506.43 $ 529,275,747.63 $ 578,236,766.30 $ 576,444,619.17 $ 614,979,189.38 $ ARBITRATION DEPOSIT 270,000.00 $ 625,000.00 $ 550,000.00 $ 625,000.00 $ 255,000.00 $ (295,000.00) $ -54% (370,000.00) $ -59% 1,425,000.00 $ 1,575,000.00 $ 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ PRODUCTION 1,028,030.46 $ - $ - $ 2,646,247.57 $ 2,404,990.60 $ 2,364.91 $ - $ - $ FUEL 1,232,025.62 $ 2,670,359.72 $ 2,076,628.83 $ 2,571,524.78 $ 1,927,440.02 $ (149,188.81) $ -7% (644,084.76) $ -25% 2,571,524.13 $ 2,441,897.36 $ 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ HIGHWAY USER'S 1,734,325.41 $ 1,384,906.45 $ 1,538,942.60 $ 1,791,743.51 $ 1,839,415.80 $ 300,473.20 $ 20% 47,672.29 $ 3% 2,810,477.32 $ 3,003,935.54 $ 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ HOTEL 8,714,046.45 $ 10,961,701.89 $ 10,143,942.19 $ 11,282,473.65 $ 11,872,629.86 $ 1,728,687.67 $ 17% 590,156.21 $ 5% 17,157,792.16 $ 15,694,682.18 $ 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ RACINO 293,384.07 $ 306,517.86 $ 326,075.56 $ 32,691.49 $ 11% 19,557.70 $ 6% 160,422.55 $ 603,601.81 $ 570,864.96 $ GROSS CASINO 1,230,426.46 $ 1,287,858.54 $ 705,528.32 $ 676,063.55 $ 716,959.64 $ 11,431.32 $ 2% 40,896.09 $ 6% 2,547,459.51 $ 2,433,099.34 $ 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ INVESTMENT ALTERNATIVE 100,407.42 $ 85,605.15 $ 71,567.94 $ 66,956.71 $ 66,597.55 $ (4,970.39) $ -7% (359.16) $ -1% 267,804.16 $ 250,430.33 $ 164,904.11 $ 139,071.78 $ 141,893.05 $ VEHICLE RENTAL 673,348.16 $ 991,914.22 $ 987,227.70 $ 922,985.15 $ 1,013,513.39 $ 26,285.69 $ 3% 90,528.24 $ 10% 1,131,802.63 $ 1,264,188.63 $ 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ Total Special Fund 14,982,609.98 $ 18,007,345.97 $ 16,367,221.65 $ 18,243,265.21 $ 18,017,631.82 $ 1,650,410.17 $ 10% (225,633.39) $ -1% 30,558,107.48 $ 29,068,223.98 $ 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ TOTAL 263,466,480.23 $ 262,507,613.65 $ 261,360,792.91 $ 291,305,595.40 $ 270,688,734.64 $ 9,327,941.73 $ 4% (20,616,860.76) $ -7% 600,230,613.91 $ 558,343,971.61 $ 613,740,128.97 $ 611,216,330.03 $ 654,116,857.63 $ Government of the Virgin Islands Bureau of Internal Revenue, Office of the Director Revenue Report Year to Date April 2016 - FY's 2012 - 2016 TAX CATEGORIES APR YTD FY 2012 (10/1/11 - 4/30/12) APR YTD FY 2013 (10/1/12 - 4/30/13) APR YTD FY 2014 (10/1/13 - 4/30/14) APR YTD FY 2015 (10/1/14 - 4/30/15) APR YTD FY 2016 (10/1/15 - 4/30/16) DIFF FY14 & FY16 YTD FY 14 & 16 % INC -DEC DIFF FY 15 & FY 16 YTD FY 15 & 16 % INC -DEC FY 2011 ACTUAL FY 2012 ACTUAL FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL INCOME Individual - Income 23,945,352.20 $ 29,183,416.51 $ 35,828,824.35 $ 44,915,018.78 $ 42,699,123.12 $ 6,870,298.77 $ 19% (2,215,895.66) $ -5% 48,695,547.52 $ 35,678,456.92 $ 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ Estimated Tax 26,689,282.36 $ 26,001,329.98 $ 26,257,668.03 $ 29,911,571.17 $ 30,142,577.50 $ 3,884,909.47 $ 15% 231,006.33 $ 1% 44,982,063.90 $ 47,155,759.78 $ 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ Withholding Tax 125,496,323.12 $ 115,625,645.66 $ 115,414,454.19 $ 116,026,912.73 $ 114,651,428.33 $ (763,025.86) $ -1% (1,375,484.40) $ -1% 215,529,803.48 $ 207,514,455.56 $ 186,695,812.15 $ 187,360,501.30 $ 195,877,453.51 $ Extension 15,637,736.38 $ 32,446,155.44 $ 29,684,660.13 $ 35,606,783.99 $ 35,856,160.93 $ 6,171,500.80 $ 21% 249,376.94 $ 1% 26,502,553.68 $ 15,676,754.38 $ 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ Additional Child Tax Credit 10,257,210.73 $ 5,118,104.94 $ 5,329,147.55 $ Military 1,555,511.00 $ Making Work Pay Credit 9,417,250.00 $ - $ Sub-total Individual Income 191,768,694.06 $ 203,256,547.59 $ 207,185,606.70 $ 226,460,286.67 $ 223,349,289.88 $ 16,163,683.18 $ 8% (3,110,996.79) $ -1% 355,384,429.31 $ 311,143,531.58 $ 326,898,773.78 $ 315,463,141.17 $ 352,975,468.70 $ CORPORATE Corporate - Income 4,135,757.23 $ 2,806,078.24 $ 10,947,608.93 $ 4,904,464.96 $ 6,476,014.89 $ (4,471,594.04) $ -41% 1,571,549.93 $ 32% 8,424,571.01 $ 7,833,546.86 $ 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ Estimated 13,306,700.72 $ 9,247,745.15 $ 10,401,538.84 $ 22,383,759.38 $ 11,068,024.69 $ 666,485.85 $ 6% (11,315,734.69) $ -51% 32,276,569.99 $ 28,957,467.89 $ 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ Extension 8,159,198.00 $ 13,789,358.00 $ 22,367,561.75 $ 21,802,577.20 $ 12,636,597.09 $ (9,730,964.66) $ -44% (9,165,980.11) $ -42% 13,010,082.10 $ 8,988,589.00 $ 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ Sub-Total Corporate Income 25,601,655.95 $ 25,843,181.39 $ 43,716,709.52 $ 49,090,801.54 $ 30,180,636.67 $ (13,536,072.85) $ -31% (18,910,164.87) $ -39% 53,711,223.10 $ 45,779,603.75 $ 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ Total Income 217,370,350.01 $ 229,099,728.98 $ 250,902,316.22 $ 275,551,088.21 $ 253,529,926.55 $ 2,627,610.33 $ 1% (22,021,161.66) $ -8% 409,095,652.41 $ 356,923,135.33 $ 389,273,711.59 $ 394,577,714.98 $ 429,641,524.65 $ GROSS RECEIPTS 92,887,266.24 $ 91,104,090.26 $ 93,988,869.42 $ 94,916,703.85 $ 91,617,717.13 $ (2,371,152.29) $ -3% (3,298,986.72) $ -3% 135,938,862.77 $ 146,430,649.22 $ 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ EXCISE 13,567,255.09 $ 13,785,519.93 $ 12,442,990.87 $ 13,882,496.57 $ 14,407,018.52 $ 1,964,027.65 $ 16% 524,521.95 $ 4% 23,408,693.50 $ 24,608,713.29 $ 33,646,037.25 $ 23,364,053.35 $ 23,044,374.39 $ ENTERTAINMENT 22,476.51 $ 43,192.47 $ 12,237.57 $ 7,012.25 $ 1,030.00 $ (11,207.57) $ -92% (5,982.25) $ -85% 60,009.64 $ 60,833.69 $ 45,210.95 $ 12,237.57 $ 14,466.63 $ MISCELLANEOUS 125,613.35 $ 31,917.48 $ 34,510.90 $ 35,597.02 $ 33,581.18 $ (929.72) $ -3% (2,015.84) $ -6% 73,040.95 $ 146,092.00 $ 56,391.48 $ 53,520.00 $ 54,660.06 $ FRANCHISE 889,121.04 $ 887,508.75 $ 820,013.64 $ 537,483.23 $ 532,033.87 $ (287,979.77) $ -35% (5,449.36) $ -1% 1,096,247.16 $ 1,106,324.10 $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ Total Other Taxes 107,491,732.23 $ 105,852,228.89 $ 107,298,622.40 $ 109,379,292.92 $ 106,591,380.70 $ (707,241.70) $ -1% (2,787,912.22) $ -3% 160,576,854.02 $ 172,352,612.30 $ 188,963,054.71 $ 181,866,904.19 $ 185,337,664.73 $ Total General Fund 324,862,082.24 $ 334,951,957.87 $ 358,200,938.62 $ 384,930,381.13 $ 360,121,307.25 $ 1,920,368.63 $ 1% (24,809,073.88) $ -6% 569,672,506.43 $ 529,275,747.63 $ 578,236,766.30 $ 576,444,619.17 $ 614,979,189.38 $ ARBITRATION DEPOSIT 370,000.00 $ 625,000.00 $ 550,000.00 $ 725,000.00 $ 255,000.00 $ (295,000.00) $ -54% (470,000.00) $ -65% 1,425,000.00 $ 1,575,000.00 $ 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ PRODUCTION 1,028,030.46 $ - $ - $ - $ 2,646,247.57 $ 2,404,990.60 $ 2,364.91 $ - $ - $ FUEL 1,451,824.22 $ 3,163,321.00 $ 2,427,532.30 $ 3,089,188.24 $ 2,184,571.66 $ (242,960.64) $ -10% (904,616.58) $ -29% 2,571,524.13 $ 2,441,897.36 $ 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ HIGHWAY USER'S 1,866,398.85 $ 1,536,785.36 $ 1,714,636.56 $ 1,994,493.07 $ 2,098,433.06 $ 383,796.50 $ 22% 103,939.99 $ 5% 2,810,477.32 $ 3,003,935.54 $ 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ HOTEL 11,725,817.71 $ 13,458,326.94 $ 13,378,662.52 $ 14,427,877.48 $ 16,629,961.56 $ 3,251,299.04 $ 24% 2,202,084.08 $ 15% 17,157,792.16 $ 15,694,682.18 $ 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ RACINO 361,842.24 $ 353,722.41 $ 356,204.78 $ (5,637.46) $ -2% 2,482.37 $ 1% 160,422.55 $ 603,601.81 $ 570,864.96 $ GROSS CASINO 1,477,008.99 $ 1,399,021.69 $ 824,476.55 $ 828,469.42 $ 812,242.29 $ (12,234.26) $ -1% (16,227.13) $ -2% 2,547,459.51 $ 2,433,099.34 $ 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ INVESTMENT ALTERNATIVE 147,702.35 $ 126,045.13 $ 106,594.53 $ 105,174.46 $ 101,873.27 $ (4,721.26) $ -4% (3,301.19) $ -3% 267,804.16 $ 250,430.33 $ 164,904.11 $ 139,071.78 $ 141,893.05 $ VEHICLE RENTAL 943,649.24 $ 1,164,752.09 $ 1,278,521.91 $ 1,190,881.94 $ 1,327,131.98 $ 48,610.07 $ 4% 136,250.04 $ 11% 1,131,802.63 $ 1,264,188.63 $ 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ Total Special Fund 19,010,431.82 $ 21,473,252.21 $ 20,642,266.61 $ 22,714,807.02 $ 23,765,418.60 $ 3,123,151.99 $ 15% 1,050,611.58 $ 5% 30,558,107.48 $ 29,068,223.98 $ 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ TOTAL 343,872,514.06 $ 356,425,210.08 $ 378,843,205.23 $ 407,645,188.15 $ 383,886,725.85 $ 5,043,520.62 $ 1% (23,758,462.30) $ -6% 600,230,613.91 $ 558,343,971.61 $ 613,740,128.97 $ 611,216,330.03 $ 654,116,857.63 $ Government of the Virgin Islands Bureau of Internal Revenue, Office of the Director Revenue Report Year to Date May 2016 - FY's 2012 - 2016 TAX CATEGORIES MAY YTD FY 2012 (10/1/11 - 5/31/12) MAY YTD FY 2013 (10/1/12 - 5/31/13) MAY YTD FY 2014 (10/1/13 - 5/31/14) MAY YTD FY 2015 (10/1/14 - 5/31/15) MAY YTD FY 2016 (10/1/15 - 5/31/16) DIFF FY14 & FY16 YTD FY 14 & 16 % INC -DEC DIFF FY 15 & FY 16 YTD FY 15 & 16 % INC -DEC FY 2011 ACTUAL FY 2012 ACTUAL FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL INCOME Individual - Income 25,551,153.92 $ 34,076,543.80 $ 37,509,554.12 $ 46,941,084.66 $ 45,783,564.34 $ 8,274,010.22 $ 22% (1,157,520.32) $ -2% 48,695,547.52 $ 35,678,456.92 $ 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ Estimated Tax 27,094,673.36 $ 26,917,863.64 $ 27,782,366.03 $ 31,136,021.80 $ 32,079,302.90 $ 4,296,936.87 $ 15% 943,281.10 $ 3% 44,982,063.90 $ 47,155,759.78 $ 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ Withholding Tax 144,924,347.09 $ 131,218,191.27 $ 130,716,725.04 $ 133,219,720.68 $ 131,101,788.86 $ 385,063.82 $ 0% (2,117,931.82) $ -2% 215,529,803.48 $ 207,514,455.56 $ 186,695,812.15 $ 187,360,501.30 $ 195,877,453.51 $ Extension 15,640,528.38 $ 32,967,815.44 $ 29,821,214.13 $ 35,608,853.99 $ 35,859,234.93 $ 6,038,020.80 $ 20% 250,380.94 $ 1% 26,502,553.68 $ 15,676,754.38 $ 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ Additional Child Tax Credit 10,257,210.73 $ 5,118,104.94 $ 5,329,147.55 $ Military 1,555,511.00 $ Making Work Pay Credit 9,417,250.00 $ - $ Sub-total Individual Income 213,210,702.75 $ 225,180,414.15 $ 225,829,859.32 $ 246,905,681.13 $ 244,823,891.03 $ 18,994,031.71 $ 8% (2,081,790.10) $ -1% 355,384,429.31 $ 311,143,531.58 $ 326,898,773.78 $ 315,463,141.17 $ 352,975,468.70 $ CORPORATE Corporate - Income 4,738,137.57 $ 4,333,444.77 $ 11,882,963.83 $ 5,475,681.62 $ 6,818,809.50 $ (5,064,154.33) $ -43% 1,343,127.88 $ 25% 8,424,571.01 $ 7,833,546.86 $ 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ Estimated 14,828,194.72 $ 10,258,453.15 $ 11,063,876.84 $ 23,898,632.38 $ 12,173,460.69 $ 1,109,583.85 $ 10% (11,725,171.69) $ -49% 32,276,569.99 $ 28,957,467.89 $ 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ Extension 8,159,198.00 $ 13,830,358.00 $ 22,377,039.75 $ 21,802,780.64 $ 12,637,697.09 $ (9,739,342.66) $ -44% (9,165,083.55) $ -42% 13,010,082.10 $ 8,988,589.00 $ 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ Sub-Total Corporate Income 27,725,530.29 $ 28,422,255.92 $ 45,323,880.42 $ 51,177,094.64 $ 31,629,967.28 $ (13,693,913.14) $ -30% (19,547,127.36) $ -38% 53,711,223.10 $ 45,779,603.75 $ 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ Total Income 240,936,233.04 $ 253,602,670.07 $ 271,153,739.74 $ 298,082,775.77 $ 276,453,858.31 $ 5,300,118.57 $ 2% (21,628,917.46) $ -7% 409,095,652.41 $ 356,923,135.33 $ 389,273,711.59 $ 394,577,714.98 $ 429,641,524.65 $ GROSS RECEIPTS 106,792,701.71 $ 105,739,085.71 $ 107,776,502.42 $ 109,558,829.98 $ 107,301,838.55 $ (474,663.87) $ 0% (2,256,991.43) $ -2% 135,938,862.77 $ 146,430,649.22 $ 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ EXCISE 15,728,472.50 $ 15,783,580.83 $ 13,396,285.68 $ 15,897,639.14 $ 16,156,856.63 $ 2,760,570.95 $ 21% 259,217.49 $ 2% 23,408,693.50 $ 24,608,713.29 $ 33,646,037.25 $ 23,364,053.35 $ 23,044,374.39 $ ENTERTAINMENT 32,267.86 $ 44,710.95 $ 12,237.57 $ 12,325.25 $ 1,030.00 $ (11,207.57) $ -92% (11,295.25) $ -92% 60,009.64 $ 60,833.69 $ 45,210.95 $ 12,237.57 $ 14,466.63 $ MISCELLANEOUS 128,946.85 $ 38,298.98 $ 38,204.40 $ 38,207.76 $ 34,745.10 $ (3,459.30) $ -9% (3,462.66) $ -9% 73,040.95 $ 146,092.00 $ 56,391.48 $ 53,520.00 $ 54,660.06 $ FRANCHISE 889,121.04 $ 887,508.75 $ 820,013.64 $ 812,732.33 $ 798,367.39 $ (21,646.25) $ -3% (14,364.94) $ -2% 1,096,247.16 $ 1,106,324.10 $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ Total Other Taxes 123,571,509.96 $ 122,493,185.22 $ 122,043,243.71 $ 126,319,734.46 $ 124,292,837.67 $ 2,249,593.96 $ 2% (2,026,896.79) $ -2% 160,576,854.02 $ 172,352,612.30 $ 188,963,054.71 $ 181,866,904.19 $ 185,337,664.73 $ Total General Fund 364,507,743.00 $ 376,095,855.29 $ 393,196,983.45 $ 424,402,510.23 $ 400,746,695.98 $ 7,549,712.53 $ 2% (23,655,814.25) $ -6% 569,672,506.43 $ 529,275,747.63 $ 578,236,766.30 $ 576,444,619.17 $ 614,979,189.38 $ ARBITRATION DEPOSIT 370,000.00 $ 840,000.00 $ 550,000.00 $ 725,000.00 $ 255,000.00 $ (295,000.00) $ -54% (470,000.00) $ -65% 1,425,000.00 $ 1,575,000.00 $ 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ PRODUCTION 1,203,167.10 $ - $ - $ 2,646,247.57 $ 2,404,990.60 $ 2,364.91 $ - $ - $ FUEL 1,623,571.04 $ 3,596,500.69 $ 2,530,838.95 $ 3,512,277.90 $ 2,437,082.35 $ (93,756.60) $ -4% (1,075,195.55) $ -31% 2,571,524.13 $ 2,441,897.36 $ 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ HIGHWAY USER'S 2,035,250.85 $ 1,698,435.89 $ 2,141,959.68 $ 2,221,709.14 $ 2,337,785.62 $ 195,825.94 $ 9% 116,076.48 $ 5% 2,810,477.32 $ 3,003,935.54 $ 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ HOTEL 13,884,577.17 $ 15,956,184.68 $ 15,563,685.23 $ 17,022,931.03 $ 19,788,660.61 $ 4,224,975.38 $ 27% 2,765,729.58 $ 16% 17,157,792.16 $ 15,694,682.18 $ 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ RACINO 383,228.66 $ 390,238.99 $ 356,204.78 $ (27,023.88) $ -7% (34,034.21) $ -9% 160,422.55 $ 603,601.81 $ 570,864.96 $ GROSS CASINO 1,743,182.61 $ 1,572,503.49 $ 927,735.70 $ 915,094.00 $ 931,932.30 $ 4,196.60 $ 0% 16,838.30 $ 2% 2,547,459.51 $ 2,433,099.34 $ 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ INVESTMENT ALTERNATIVE 147,702.35 $ 126,045.13 $ 106,594.53 $ 105,174.46 $ 101,873.27 $ (4,721.26) $ -4% (3,301.19) $ -3% 267,804.16 $ 250,430.33 $ 164,904.11 $ 139,071.78 $ 141,893.05 $ VEHICLE RENTAL 1,205,944.24 $ 1,438,345.19 $ 1,526,289.13 $ 1,460,545.38 $ 1,691,151.40 $ 164,862.27 $ 11% 230,606.02 $ 16% 1,131,802.63 $ 1,264,188.63 $ 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ Total Special Fund 22,213,395.36 $ 25,228,015.07 $ 23,730,331.88 $ 26,352,970.90 $ 27,899,690.33 $ 4,169,358.45 $ 18% 1,546,719.43 $ 6% 30,558,107.48 $ 29,068,223.98 $ 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ TOTAL 386,721,138.36 $ 401,323,870.36 $ 416,927,315.33 $ 450,755,481.13 $ 428,646,386.31 $ 11,719,070.98 $ 3% (22,109,094.82) $ -5% 600,230,613.91 $ 558,343,971.61 $ 613,740,128.97 $ 611,216,330.03 $ 654,116,857.63 $ Government of the Virgin Islands Bureau of Internal Revenue, Office of the Director Revenue Report Year to Date June 2016 - FY's 2012 - 2016 TAX CATEGORIES JUNE YTD FY 2012 (10/1/11 - 6/30/12) JUNE YTD FY 2013 (10/1/12 - 6/30/13) JUNE YTD FY 2014 (10/1/13 - 6/30/14) JUNE YTD FY 2015 (10/1/14 - 6/30/15) JUNE YTD FY 2016 (10/1/15 - 6/30/16) DIFF FY14 & FY16 YTD FY 14 & 16 % INC -DEC DIFF FY 15 & FY 16 YTD FY 15 & 16 % INC -DEC FY 2011 ACTUAL FY 2012 ACTUAL FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL INCOME Individual - Income 26,840,156.93 $ 42,157,075.36 $ 39,284,017.76 $ 48,903,872.69 $ 47,989,054.93 $ 8,705,037.17 $ 22% (914,817.76) $ -2% 48,695,547.52 $ 35,678,456.92 $ 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ Estimated Tax 35,718,367.34 $ 35,473,024.01 $ 37,610,608.74 $ 45,292,979.50 $ 43,125,993.95 $ 5,515,385.21 $ 15% (2,166,985.55) $ -5% 44,982,063.90 $ 47,155,759.78 $ 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ Withholding Tax 159,695,322.03 $ 142,465,761.57 $ 144,144,761.17 $ 150,272,982.56 $ 146,653,871.16 $ 2,509,109.99 $ 2% (3,619,111.40) $ -2% 215,529,803.48 $ 207,514,455.56 $ 186,695,812.15 $ 187,360,501.30 $ 195,877,453.51 $ Extension 15,647,754.38 $ 34,373,815.44 $ 29,821,409.13 $ 35,609,673.99 $ 35,864,802.93 $ 6,043,393.80 $ 20% 255,128.94 $ 1% 26,502,553.68 $ 15,676,754.38 $ 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ Additional Child Tax Credit 10,257,210.73 $ 5,118,104.94 $ 5,329,147.55 $ Military 1,555,511.00 $ Making Work Pay Credit 9,417,250.00 $ - $ Sub-total Individual Income 237,901,600.68 $ 254,469,676.38 $ 250,860,796.80 $ 280,079,508.74 $ 273,633,722.97 $ 22,772,926.17 $ 9% (6,445,785.77) $ -2% 355,384,429.31 $ 311,143,531.58 $ 326,898,773.78 $ 315,463,141.17 $ 352,975,468.70 $ CORPORATE Corporate - Income 4,996,635.50 $ 6,087,097.45 $ 13,698,136.16 $ 7,132,228.50 $ 9,108,101.47 $ (4,590,034.69) $ -34% 1,975,872.97 $ 28% 8,424,571.01 $ 7,833,546.86 $ 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ Estimated 21,294,976.58 $ 19,158,663.15 $ 20,339,713.18 $ 34,122,233.76 $ 17,536,059.69 $ (2,803,653.49) $ -14% (16,586,174.07) $ -49% 32,276,569.99 $ 28,957,467.89 $ 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ Extension 8,774,798.00 $ 14,071,161.00 $ 22,547,509.75 $ 23,809,506.64 $ 12,688,947.09 $ (9,858,562.66) $ -44% (11,120,559.55) $ -47% 13,010,082.10 $ 8,988,589.00 $ 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ Sub-Total Corporate Income 35,066,410.08 $ 39,316,921.60 $ 56,585,359.09 $ 65,063,968.90 $ 39,333,108.25 $ (17,252,250.84) $ -30% (25,730,860.65) $ -40% 53,711,223.10 $ 45,779,603.75 $ 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ Total Income 272,968,010.76 $ 293,786,597.98 $ 307,446,155.89 $ 345,143,477.64 $ 312,966,831.22 $ 5,520,675.33 $ 2% (32,176,646.42) $ -9% 409,095,652.41 $ 356,923,135.33 $ 389,273,711.59 $ 394,577,714.98 $ 429,641,524.65 $ GROSS RECEIPTS 119,051,273.40 $ 117,376,303.05 $ 120,195,267.57 $ 123,514,570.85 $ 120,897,479.21 $ 702,211.64 $ 1% (2,617,091.64) $ -2% 135,938,862.77 $ 146,430,649.22 $ 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ EXCISE 17,631,974.11 $ 17,537,848.63 $ 15,592,321.98 $ 17,740,480.95 $ 18,088,388.10 $ 2,496,066.12 $ 16% 347,907.15 $ 2% 23,408,693.50 $ 24,608,713.29 $ 33,646,037.25 $ 23,364,053.35 $ 23,044,374.39 $ ENTERTAINMENT 32,267.86 $ 44,710.95 $ 12,237.57 $ 12,843.63 $ 1,030.00 $ (11,207.57) $ -92% (11,813.63) $ -92% 60,009.64 $ 60,833.69 $ 45,210.95 $ 12,237.57 $ 14,466.63 $ MISCELLANEOUS 135,750.52 $ 42,354.98 $ 41,649.40 $ 42,785.26 $ 41,718.86 $ 69.46 $ 0% (1,066.40) $ -2% 73,040.95 $ 146,092.00 $ 56,391.48 $ 53,520.00 $ 54,660.06 $ FRANCHISE 889,121.04 $ 887,508.75 $ 820,013.64 $ 812,732.33 $ 798,367.39 $ (21,646.25) $ -3% (14,364.94) $ -2% 1,096,247.16 $ 1,106,324.10 $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ Total Other Taxes 137,740,386.93 $ 135,888,726.36 $ 136,661,490.16 $ 142,123,413.02 $ 139,826,983.56 $ 3,165,493.40 $ 2% (2,296,429.46) $ -2% 160,576,854.02 $ 172,352,612.30 $ 188,963,054.71 $ 181,866,904.19 $ 185,337,664.73 $ Total General Fund 410,708,397.69 $ 429,675,324.34 $ 444,107,646.05 $ 487,266,890.66 $ 452,793,814.78 $ 8,686,168.73 $ 2% (34,473,075.88) $ -7% 569,672,506.43 $ 529,275,747.63 $ 578,236,766.30 $ 576,444,619.17 $ 614,979,189.38 $ ARBITRATION DEPOSIT 370,000.00 $ 965,000.00 $ 550,000.00 $ 1,325,000.00 $ 255,000.00 $ (295,000.00) $ -54% (1,070,000.00) $ -81% 1,425,000.00 $ 1,575,000.00 $ 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ PRODUCTION 1,203,167.10 $ 2,364.91 $ - $ - $ - $ - $ (2,364.91) $ 2,646,247.57 $ 2,404,990.60 $ 2,364.91 $ - $ - $ FUEL 1,623,571.04 $ 4,073,784.91 $ 3,004,194.53 $ 4,112,111.26 $ 2,682,668.22 $ (321,526.31) $ -11% (1,429,443.04) $ -35% 2,571,524.13 $ 2,441,897.36 $ 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ HIGHWAY USER'S 2,179,186.85 $ 1,845,736.85 $ 2,315,036.64 $ 2,424,385.46 $ 2,586,148.73 $ 271,112.09 $ 12% 161,763.27 $ 7% 2,810,477.32 $ 3,003,935.54 $ 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ HOTEL 15,359,799.90 $ 17,626,779.58 $ 17,304,090.08 $ 19,125,475.06 $ 21,951,398.29 $ 4,647,308.21 $ 27% 2,825,923.23 $ 15% 17,157,792.16 $ 15,694,682.18 $ 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ RACINO 432,778.95 $ 459,163.16 $ 356,204.78 $ (76,574.17) $ -18% (102,958.38) $ -22% 160,422.55 $ 603,601.81 $ 570,864.96 $ GROSS CASINO 1,877,827.08 $ 1,745,521.86 $ 1,035,988.49 $ 1,070,562.67 $ 1,046,685.69 $ 10,697.20 $ 1% (23,876.98) $ -2% 2,547,459.51 $ 2,433,099.34 $ 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ INVESTMENT ALTERNATIVE 147,702.35 $ 126,045.13 $ 106,594.53 $ 105,174.46 $ 101,873.27 $ (4,721.26) $ -4% (3,301.19) $ -3% 267,804.16 $ 250,430.33 $ 164,904.11 $ 139,071.78 $ 141,893.05 $ VEHICLE RENTAL 1,355,881.93 $ 1,729,161.05 $ 1,747,956.28 $ 1,736,872.02 $ 1,924,136.86 $ 176,180.58 $ 10% 187,264.84 $ 11% 1,131,802.63 $ 1,264,188.63 $ 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ Total Special Fund 24,117,136.25 $ 28,114,394.29 $ 26,496,639.50 $ 30,358,744.09 $ 30,904,115.84 $ 4,407,476.34 $ 17% 543,006.84 $ 2% 30,558,107.48 $ 29,068,223.98 $ 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ TOTAL 434,825,533.94 $ 457,789,718.63 $ 470,604,285.55 $ 517,625,634.75 $ 483,697,930.62 $ 13,093,645.07 $ 3% (33,930,069.04) $ -7% 600,230,613.91 $ 558,343,971.61 $ 613,740,128.97 $ 611,216,330.03 $ 654,116,857.63 $ Government of the Virgin Islands Bureau of Internal Revenue, Office of the Director Revenue Report Year to Date July 2016 - FY's 2012 - 2016 TAX CATEGORIES JUL YTD FY 2012 (10/1/11 - 7/31/12) JUL YTD FY 2013 (10/1/12 - 7/31/13) JUL YTD FY 2014 (10/1/13 - 7/31/14) JULY FY 2015 (10/1/14 - 7/31/15) JUlY YTD FY 2016 (10/1/15 - 7/31/16) DIFF FY14 & FY16 YTD FY 14 & 16 % INC -DEC DIFF FY 15 & FY 16 YTD FY 15 & 16 % INC -DEC FY 2011 ACTUAL FY 2012 ACTUAL FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL INCOME Individual - Income 29,175,059.87 $ 43,907,720.04 $ 40,647,889.95 $ 51,669,165.40 $ 49,280,980.98 $ 8,633,091.03 $ 21% (2,388,184.42) $ -5% 48,695,547.52 $ 35,678,456.92 $ 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ Estimated Tax 36,221,993.84 $ 36,470,674.01 $ 38,242,623.06 $ 47,543,566.05 $ 44,573,702.96 $ 6,331,079.90 $ 17% (2,969,863.09) $ -6% 44,982,063.90 $ 47,155,759.78 $ 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ Withholding Tax 176,568,718.23 $ 157,129,942.20 $ 158,888,309.05 $ 166,049,673.53 $ 161,920,649.19 $ 3,032,340.14 $ 2% (4,129,024.34) $ -2% 215,529,803.48 $ 207,514,455.56 $ 186,695,812.15 $ 187,360,501.30 $ 195,877,453.51 $ Extension 15,647,754.38 $ 34,374,947.44 $ 29,821,409.13 $ 35,610,050.70 $ 35,864,802.93 $ 6,043,393.80 $ 20% 254,752.23 $ 1% 26,502,553.68 $ 15,676,754.38 $ 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ Additional Child Tax Credit 10,257,210.73 $ 5,118,104.94 $ 5,329,147.55 $ Military 1,555,511.00 $ Making Work Pay Credit 9,417,250.00 $ - $ Sub-total Individual Income 257,613,526.32 $ 271,883,283.69 $ 267,600,231.19 $ 300,872,455.68 $ 291,640,136.06 $ 24,039,904.87 $ 9% (9,232,319.62) $ -3% 355,384,429.31 $ 311,143,531.58 $ 326,898,773.78 $ 315,463,141.17 $ 352,975,468.70 $ CORPORATE Corporate - Income 5,493,713.35 $ 6,853,862.45 $ 14,612,978.78 $ 7,315,152.54 $ 9,467,591.66 $ (5,145,387.12) $ -35% 2,152,439.12 $ 29% 8,424,571.01 $ 7,833,546.86 $ 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ Estimated 23,142,576.58 $ 20,314,539.65 $ 20,972,485.18 $ 35,760,053.76 $ 19,425,334.69 $ (1,547,150.49) $ -7% (16,334,719.07) $ -46% 32,276,569.99 $ 28,957,467.89 $ 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ Extension 8,935,798.00 $ 14,079,098.00 $ 22,647,509.75 $ 23,850,080.91 $ 13,044,172.09 $ (9,603,337.66) $ -42% (10,805,908.82) $ -45% 13,010,082.10 $ 8,988,589.00 $ 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ Sub-Total Corporate Income 37,572,087.93 $ 41,247,500.10 $ 58,232,973.71 $ 66,925,287.21 $ 41,937,098.44 $ (16,295,875.27) $ -28% (24,988,188.77) $ -37% 53,711,223.10 $ 45,779,603.75 $ 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ Total Income 295,185,614.25 $ 313,130,783.79 $ 325,833,204.90 $ 367,797,742.89 $ 333,577,234.50 $ 7,744,029.60 $ 2% (34,220,508.39) $ -9% 409,095,652.41 $ 356,923,135.33 $ 389,273,711.59 $ 394,577,714.98 $ 429,641,524.65 $ GROSS RECEIPTS 132,272,088.24 $ 130,501,774.39 $ 133,056,318.98 $ 136,407,157.18 $ 132,945,747.37 $ (110,571.61) $ 0% (3,461,409.81) $ -3% 135,938,862.77 $ 146,430,649.22 $ 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ EXCISE 19,463,622.24 $ 19,260,303.84 $ 16,721,095.53 $ 19,781,210.30 $ 19,916,945.75 $ 3,195,850.22 $ 19% 135,735.45 $ 1% 23,408,693.50 $ 24,608,713.29 $ 33,646,037.25 $ 23,364,053.35 $ 23,044,374.39 $ ENTERTAINMENT 41,667.71 $ 44,710.95 $ 12,237.57 $ 14,466.63 $ 1,030.00 $ (11,207.57) $ -92% (13,436.63) $ -93% 60,009.64 $ 60,833.69 $ 45,210.95 $ 12,237.57 $ 14,466.63 $ MISCELLANEOUS 143,507.76 $ 48,575.98 $ 46,610.00 $ 46,754.06 $ 47,609.25 $ 999.25 $ 2% 855.19 $ 2% 73,040.95 $ 146,092.00 $ 56,391.48 $ 53,520.00 $ 54,660.06 $ FRANCHISE 1,197,779.84 $ 887,508.75 $ 1,096,400.77 $ 812,732.33 $ 798,367.39 $ (298,033.38) $ -27% (14,364.94) $ -2% 1,096,247.16 $ 1,106,324.10 $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ Total Other Taxes 153,118,665.79 $ 150,742,873.91 $ 150,932,662.85 $ 157,062,320.50 $ 153,709,699.76 $ 2,777,036.91 $ 2% (3,352,620.74) $ -2% 160,576,854.02 $ 172,352,612.30 $ 188,963,054.71 $ 181,866,904.19 $ 185,337,664.73 $ Total General Fund 448,304,280.04 $ 463,873,657.70 $ 476,765,867.75 $ 524,860,063.39 $ 487,286,934.26 $ 10,521,066.51 $ 2% (37,573,129.13) $ -7% 569,672,506.43 $ 529,275,747.63 $ 578,236,766.30 $ 576,444,619.17 $ 614,979,189.38 $ ARBITRATION DEPOSIT 370,000.00 $ 965,000.00 $ 700,000.00 $ 1,490,000.00 $ 380,000.00 $ (320,000.00) $ -46% (1,110,000.00) $ -74% 1,425,000.00 $ 1,575,000.00 $ 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ PRODUCTION 1,203,167.10 $ 2,364.91 $ - $ - $ - $ - $ - $ 2,646,247.57 $ 2,404,990.60 $ 2,364.91 $ - $ - $ FUEL 1,832,797.61 $ 4,418,419.60 $ 3,515,043.51 $ 4,521,400.16 $ 2,884,630.16 $ (630,413.35) $ -18% (1,636,770.00) $ -36% 2,571,524.13 $ 2,441,897.36 $ 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ HIGHWAY USER'S 2,289,626.85 $ 1,978,368.25 $ 2,489,010.34 $ 2,659,508.66 $ 2,783,891.93 $ 294,881.59 $ 12% 124,383.27 $ 5% 2,810,477.32 $ 3,003,935.54 $ 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ HOTEL 17,113,710.49 $ 19,415,889.74 $ 19,117,863.18 $ 21,150,869.78 $ 24,049,096.64 $ 4,931,233.46 $ 26% 2,898,226.86 $ 14% 17,157,792.16 $ 15,694,682.18 $ 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ RACINO 36,017.01 $ 607,121.51 $ 487,112.75 $ 356,204.78 $ (250,916.73) $ -41% (130,907.97) $ -27% 160,422.55 $ 603,601.81 $ 570,864.96 $ GROSS CASINO 2,110,096.77 $ 1,905,097.84 $ 1,010,804.15 $ 1,170,213.01 $ 1,172,365.08 $ 161,560.93 $ 16% 2,152.07 $ 0% 2,547,459.51 $ 2,433,099.34 $ 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ INVESTMENT ALTERNATIVE 195,597.79 $ 164,904.11 $ 139,071.78 $ 141,893.05 $ 134,149.89 $ (4,921.89) $ -4% (7,743.16) $ -5% 267,804.16 $ 250,430.33 $ 164,904.11 $ 139,071.78 $ 141,893.05 $ VEHICLE RENTAL 1,537,650.69 $ 1,973,097.15 $ 1,917,520.32 $ 1,948,132.38 $ 2,112,064.30 $ 194,543.98 $ 10% 163,931.92 $ 8% 1,131,802.63 $ 1,264,188.63 $ 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ Total Special Fund 26,652,647.30 $ 30,859,158.61 $ 29,496,434.79 $ 33,569,129.79 $ 33,872,402.78 $ 4,375,967.99 $ 15% 303,272.99 $ 1% 30,558,107.48 $ 29,068,223.98 $ 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ TOTAL 474,956,927.34 $ 494,732,816.31 $ 506,262,302.54 $ 558,429,193.18 $ 521,159,337.04 $ 14,897,034.50 $ 3% (37,269,856.14) $ -7% 600,230,613.91 $ 558,343,971.61 $ 613,740,128.97 $ 611,216,330.03 $ 654,116,857.63 $ Government of the Virgin Islands Bureau of Internal Revenue, Office of the Director Revenue Report Year to Date August 2016 - FY's 2012 - 2016 TAX CATEGORIES AUG YTD FY 2012 (10/1/11 - 8/31/12) AUG YTD FY 2013 (10/1/12 - 8/31/13) AUG YTD FY 2014 (10/1/13 - 8/31/14) AUG YTD FY 2015 (10/1/14 - 8/31/15) AUG YTD FY 2016 (10/1/15 - 8/31/16) DIFF FY14 & FY16 YTD FY 14 & 16 % INC -DEC DIFF FY 15 & FY 16 YTD FY 15 & 16 % INC -DEC FY 2011 ACTUAL FY 2012 ACTUAL FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL INCOME Individual - Income 30,635,398.80 $ 45,897,945.53 $ 41,998,972.04 $ 53,634,482.06 $ 51,179,179.31 $ 9,180,207.27 $ 22% (2,455,302.75) $ -5% 48,695,547.52 $ 35,678,456.92 $ 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ Estimated Tax 36,748,409.84 $ 37,667,552.46 $ 40,729,427.06 $ 50,044,992.09 $ 46,916,469.76 $ 6,187,042.70 $ 15% (3,128,522.33) $ -6% 44,982,063.90 $ 47,155,759.78 $ 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ Withholding Tax 192,914,232.04 $ 170,546,487.01 $ 172,029,009.71 $ 179,838,616.51 $ 179,405,331.33 $ 7,376,321.62 $ 4% (433,285.18) $ 0% 215,529,803.48 $ 207,514,455.56 $ 186,695,812.15 $ 187,360,501.30 $ 195,877,453.51 $ Extension 15,676,754.38 $ 34,374,947.44 $ 29,821,409.13 $ 35,610,050.70 $ 35,864,802.93 $ 6,043,393.80 $ 20% 254,752.23 $ 1% 26,502,553.68 $ 15,676,754.38 $ 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ Additional Child Tax Credit 10,257,210.73 $ 5,118,104.94 $ 5,329,147.55 $ Military 1,555,511.00 $ Making Work Pay Credit 9,417,250.00 $ - $ Sub-total Individual Income 275,974,795.06 $ 288,486,932.44 $ 284,578,817.94 $ 319,128,141.36 $ 313,365,783.33 $ 28,786,965.39 $ 10% (5,762,358.03) $ -2% 355,384,429.31 $ 311,143,531.58 $ 326,898,773.78 $ 315,463,141.17 $ 352,975,468.70 $ CORPORATE Corporate - Income 6,268,947.92 $ 7,161,525.72 $ 14,906,981.09 $ 7,533,756.06 $ 9,642,905.79 $ (5,264,075.30) $ -35% 2,109,149.73 $ 28% 8,424,571.01 $ 7,833,546.86 $ 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ Estimated 23,370,157.58 $ 20,359,270.65 $ 20,975,065.18 $ 35,849,735.76 $ 21,206,533.69 $ 231,468.51 $ 1% (14,643,202.07) $ -41% 32,276,569.99 $ 28,957,467.89 $ 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ Extension 8,935,798.00 $ 14,091,398.00 $ 22,882,509.75 $ 23,852,580.91 $ 13,044,172.09 $ (9,838,337.66) $ -43% (10,808,408.82) $ -45% 13,010,082.10 $ 8,988,589.00 $ 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ Sub-Total Corporate Income 38,574,903.50 $ 41,612,194.37 $ 58,764,556.02 $ 67,236,072.73 $ 43,893,611.57 $ (14,870,944.45) $ -25% (23,342,461.16) $ -35% 53,711,223.10 $ 45,779,603.75 $ 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ Total Income 314,549,698.56 $ 330,099,126.81 $ 343,343,373.96 $ 386,364,214.09 $ 357,259,394.90 $ 13,916,020.94 $ 4% (29,104,819.19) $ -8% 409,095,652.41 $ 356,923,135.33 $ 389,273,711.59 $ 394,577,714.98 $ 429,641,524.65 $ GROSS RECEIPTS 144,672,389.43 $ 142,803,830.91 $ 143,528,663.87 $ 148,105,276.87 $ 147,020,865.73 $ 3,492,201.86 $ 2% (1,084,411.14) $ -1% 135,938,862.77 $ 146,430,649.22 $ 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ EXCISE 21,427,464.28 $ 20,981,221.20 $ 18,393,561.98 $ 21,226,959.85 $ 21,969,426.37 $ 3,575,864.39 $ 19% 742,466.52 $ 3% 23,408,693.50 $ 24,608,713.29 $ 33,646,037.25 $ 23,364,053.35 $ 23,044,374.39 $ ENTERTAINMENT 46,764.96 $ 45,210.95 $ 12,237.57 $ 14,466.63 $ 1,030.00 $ (11,207.57) $ -92% (13,436.63) $ -93% 60,009.64 $ 60,833.69 $ 45,210.95 $ 12,237.57 $ 14,466.63 $ MISCELLANEOUS 151,050.76 $ 53,355.92 $ 48,819.00 $ 50,434.06 $ 52,599.25 $ 3,780.25 $ 8% 2,165.19 $ 4% 73,040.95 $ 146,092.00 $ 56,391.48 $ 53,520.00 $ 54,660.06 $ FRANCHISE 1,197,779.84 $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ 1,070,527.08 $ (25,873.69) $ -2% (24,516.21) $ -2% 1,096,247.16 $ 1,106,324.10 $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ Total Other Taxes 167,495,449.27 $ 165,061,281.44 $ 163,079,683.19 $ 170,492,180.70 $ 170,114,448.43 $ 7,034,765.24 $ 4% (377,732.27) $ 0% 160,576,854.02 $ 172,352,612.30 $ 188,963,054.71 $ 181,866,904.19 $ 185,337,664.73 $ Total General Fund 482,045,147.83 $ 495,160,408.25 $ 506,423,057.15 $ 556,856,394.79 $ 527,373,843.33 $ 20,950,786.18 $ 4% (29,482,551.46) $ -5% 569,672,506.43 $ 529,275,747.63 $ 578,236,766.30 $ 576,444,619.17 $ 614,979,189.38 $ ARBITRATION DEPOSIT 370,000.00 $ 1,115,000.00 $ 865,000.00 $ 1,640,000.00 $ 430,000.00 $ (435,000.00) $ -50% (1,210,000.00) $ -74% 1,425,000.00 $ 1,575,000.00 $ 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ PRODUCTION 1,203,167.10 $ 2,364.91 $ - $ - $ - $ - $ - $ 2,646,247.57 $ 2,404,990.60 $ 2,364.91 $ - $ - $ FUEL 2,325,074.65 $ 4,836,758.35 $ 3,942,485.65 $ 4,808,792.23 $ 3,203,759.32 $ (738,726.33) $ -19% (1,605,032.91) $ -33% 2,571,524.13 $ 2,441,897.36 $ 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ HIGHWAY USER'S 2,445,697.57 $ 2,122,221.53 $ 2,647,041.86 $ 2,860,571.86 $ 3,110,200.05 $ 463,158.19 $ 17% 249,628.19 $ 9% 2,810,477.32 $ 3,003,935.54 $ 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ HOTEL 18,874,166.37 $ 21,111,715.04 $ 20,821,461.90 $ 22,993,203.62 $ 26,715,634.49 $ 5,894,172.59 $ 28% 3,722,430.87 $ 16% 17,157,792.16 $ 15,694,682.18 $ 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ RACINO 91,396.40 $ 654,816.30 $ 536,096.26 $ 356,204.78 $ (298,611.52) $ -46% (179,891.48) $ -34% 160,422.55 $ 603,601.81 $ 570,864.96 $ GROSS CASINO 2,293,754.62 $ 2,009,598.49 $ 1,010,804.15 $ 1,288,272.90 $ 1,301,603.02 $ 290,798.87 $ 29% 13,330.12 $ 1% 2,547,459.51 $ 2,433,099.34 $ 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ INVESTMENT ALTERNATIVE 195,597.79 $ 164,904.11 $ 139,071.78 $ 141,893.05 $ 134,149.89 $ (4,921.89) $ -4% (7,743.16) $ -5% 267,804.16 $ 250,430.33 $ 164,904.11 $ 139,071.78 $ 141,893.05 $ VEHICLE RENTAL 1,717,397.37 $ 2,188,055.76 $ 2,101,072.73 $ 2,143,863.13 $ 2,364,158.75 $ 263,086.02 $ 13% 220,295.62 $ 10% 1,131,802.63 $ 1,264,188.63 $ 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ Total Special Fund 29,424,855.47 $ 33,642,014.59 $ 32,181,754.37 $ 36,412,693.05 $ 37,615,710.30 $ 5,433,955.93 $ 17% 1,203,017.25 $ 3% 30,558,107.48 $ 29,068,223.98 $ 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ TOTAL 511,470,003.30 $ 528,802,422.84 $ 538,604,811.52 $ 593,269,087.84 $ 564,989,553.63 $ 26,384,742.11 $ 5% (28,279,534.21) $ -5% 600,230,613.91 $ 558,343,971.61 $ 613,740,128.97 $ 611,216,330.03 $ 654,116,857.63 $ Government of the Virgin Islands Bureau of Internal Revenue, Office of the Director Revenue Report Year to Date September 2016 - FY's 2012 - 2016 TAX CATEGORIES SEP YTD FY 2012 (10/1/11 - 9/30/12) SEP YTD FY 2013 (10/1/12 - 9/30/13) SEP YTD FY 2014 (10/1/13 - 9/30/14) SEP YTD FY 2015 (10/1/14 - 9/30/15) SEPT YTD FY 2016 (10/1/15 - 9/30/16) DIFF FY14 & FY16 YTD FY 14 & 16 % INC -DEC DIFF FY 15 & FY 16 YTD FY 15 & 16 % INC -DEC FY 2012 ACTUAL FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL INCOME Individual - Income 35,678,456.92 $ 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ 57,184,422.30 $ 12,863,731.11 $ 29% (3,027,824.85) $ -5% $35,678,456.92 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ Estimated Tax 47,155,759.78 $ 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ 60,463,578.41 $ 6,508,679.86 $ 12% (812,138.93) $ -1% $47,155,759.78 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ Withholding Tax 207,514,455.56 $ 186,695,812.15 $ 187,360,501.30 $ 195,877,453.51 $ 197,739,254.16 $ 10,378,752.86 $ 6% 1,861,800.65 $ 1% $207,514,455.56 186,695,812.15 $ 187,360,501.30 $ 195,877,453.51 $ Extension 15,676,754.38 $ 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ 35,864,802.93 $ 6,037,752.80 $ 20% 254,752.23 $ 1% $15,676,754.38 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ Additional Child Tax Credit 5,329,147.55 $ 5,329,147.55 $ Military 1,555,511.00 $ 1,555,511.00 $ Making Work Pay Credit - $ Sub-total Individual Income 306,025,426.64 $ 326,898,773.78 $ 315,463,141.17 $ 352,975,468.70 $ 351,252,057.80 $ 35,788,916.63 $ 11% (1,723,410.90) $ 0% $306,025,426.64 326,898,773.78 $ 315,463,141.17 $ 352,975,468.70 $ CORPORATE Corporate - Income 7,833,546.86 $ 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ 12,277,491.05 $ (5,214,261.73) $ -30% 2,644,040.77 $ 27% $7,833,546.86 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ Estimated 28,957,467.89 $ 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ 24,236,863.94 $ (14,490,947.34) $ -37% (18,648,160.82) $ -43% $28,957,467.89 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ Extension 8,988,589.00 $ 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ 13,183,528.58 $ (9,711,481.17) $ -42% (10,964,052.33) $ -45% $8,988,589.00 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ Sub-Total Corporate Income 45,779,603.75 $ 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ 49,697,883.57 $ (29,416,690.24) $ -37% (26,968,172.38) $ -35% $45,779,603.75 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ Total Income 351,805,030.39 $ 389,273,711.59 $ 394,577,714.98 $ 429,641,524.65 $ 400,949,941.37 $ 6,372,226.39 $ 2% (28,691,583.28) $ -7% $351,805,030.39 389,273,711.59 $ 394,577,714.98 $ 429,641,524.65 $ GROSS RECEIPTS 154,997,045.82 $ 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ 160,585,193.36 $ 3,244,500.86 $ 2% (543,927.00) $ 0% $154,997,045.82 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ EXCISE 23,067,672.83 $ 33,646,037.25 $ 23,364,053.35 $ 23,044,374.39 $ 24,175,322.15 $ 811,268.80 $ 3% 1,130,947.76 $ 5% $23,067,672.83 33,646,037.25 $ 23,364,053.35 $ 23,044,374.39 $ ENTERTAINMENT 46,764.96 $ 45,210.95 $ 12,237.57 $ 14,466.63 $ 1,030.00 $ (11,207.57) $ -92% (13,436.63) $ -93% $46,764.96 45,210.95 $ 12,237.57 $ 14,466.63 $ MISCELLANEOUS 157,027.26 $ 56,391.48 $ 53,520.00 $ 54,660.06 $ 59,832.75 $ 6,312.75 $ 12% 5,172.69 $ 9% $157,027.26 56,391.48 $ 53,520.00 $ 54,660.06 $ FRANCHISE 1,197,779.84 $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ 1,070,527.08 $ (25,873.69) $ -2% (24,516.21) $ -2% $1,197,779.84 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ Total Other Taxes 179,466,290.71 $ 188,963,054.71 $ 181,866,904.19 $ 185,337,664.73 $ 185,891,905.34 $ 4,025,001.15 $ 2% 554,240.61 $ 0% $179,466,290.71 188,963,054.71 $ 181,866,904.19 $ 185,337,664.73 $ Total General Fund 531,271,321.10 $ 578,236,766.30 $ 576,444,619.17 $ 614,979,189.38 $ 586,841,846.71 $ 10,397,227.54 $ 2% (28,137,342.67) $ -5% $531,271,321.10 578,236,766.30 $ 576,444,619.17 $ 614,979,189.38 $ ARBITRATION DEPOSIT 3,709,668.54 $ 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ 530,000.00 $ (510,000.00) $ -49% (1,245,000.00) $ -70% $3,709,668.54 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ PRODUCTION 1,203,167.10 $ 2,364.91 $ - $ - $ - $ - $ - $ $1,203,167.10 2,364.91 $ - $ - $ FUEL 2,829,833.92 $ 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ 3,630,925.95 $ (727,258.06) $ -17% (1,633,452.42) $ -31% $2,829,833.92 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ HIGHWAY USER'S 2,588,579.01 $ 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ 3,326,797.97 $ 488,229.23 $ 17% 268,515.82 $ 9% $2,588,579.01 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ HOTEL 19,978,928.49 $ 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ 28,639,105.26 $ 6,497,435.35 $ 29% 4,019,227.85 $ 16% $19,978,928.49 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ RACINO 160,422.55 $ 603,601.81 $ 570,864.96 $ 356,204.78 $ (247,397.03) $ -41% (214,660.18) $ -38% 160,422.55 $ 603,601.81 $ 570,864.96 $ GROSS CASINO 2,440,221.48 $ 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ 1,429,528.19 $ 60,704.13 $ 4% 63,772.03 $ 5% $2,440,221.48 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ INVESTMENT ALTERNATIVE 195,597.79 $ 164,904.11 $ 139,071.78 $ 141,893.05 $ 134,149.89 $ (4,921.89) $ -4% (7,743.16) $ -5% $195,597.79 164,904.11 $ 139,071.78 $ 141,893.05 $ VEHICLE RENTAL 1,845,163.67 $ 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ 2,588,063.72 $ 306,273.17 $ 13% 246,447.57 $ 11% $1,845,163.67 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ Total Special Fund 34,791,160.00 $ 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ 40,634,775.76 $ 5,863,064.90 $ 17% 1,497,107.51 $ 4% $34,791,160.00 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ TOTAL 566,062,481.10 $ 613,740,128.97 $ 611,216,330.03 $ 654,116,857.63 $ 627,476,622.47 $ 16,260,292.44 $ 3% (26,640,235.16) $ -4% $566,062,481.10 613,740,128.97 $ 611,216,330.03 $ 654,116,857.63 $