BUREAU OF INTERNAL REVENUE
FISCAL YEAR 2024
SEPTEMBER MONTHLY COLLECTION REPORT
Collection
Collection
Cummulative
Collection
Collection
Cummulative
Collection
Collection
Cummulative
Collection
Collection
Collection
Cummulative
Cummulative
Cummulative
FY 2023
FY 2024
FY 2024
FY 2023
FY 2024
FY 2024
FY 2023
FY 2024
FY 2024
FY 2023
FY 2024
FY 2022 &  FY 2023
%
FY 2023
FY 2024
FY 2022 &  FY 2023
%
Sep-23
Sep-24
Sep-24
Sep-23
Sep-24
Sep-24
Sep-23
Sep-24
Sep-24
Sep-23
Sep-24
Difference
INC/DEC
Sep-23
Sep-24
Difference
INC/DEC
Individual Income
1,900,893.29
$
1,660,395.74
$
53,521,785.71
$
121,746.40
$
20,278.00
$
4,540,137.96
$
1,130,289.01
$
898,963.85
$
22,122,869.31
$
3,152,928.70
$
2,579,637.59
$
(573,291.11)
$
-18%
108,501,154.39
$
80,184,792.98
$
(28,316,361.41)
$
-26%
Estimated Tax
9,258,834.67
$
4,754,754.74
$
35,075,679.18
$
505,694.00
$
632,643.00
$
2,896,684.00
$
3,227,413.74
$
3,079,692.07
$
16,596,317.35
$
12,991,942.41
$
8,467,089.81
$
(4,524,852.60)
$
-35%
55,194,655.16
$
54,568,680.53
$
(625,974.63)
$
-1%
Withholding Tax
7,505,738.80
$
7,218,228.77
$
136,520,335.07
$
271,668.80
$
267,632.53
$
3,970,438.74
$
5,233,815.76
$
5,447,468.40
$
55,901,844.04
$
13,011,223.36
$
12,933,329.70
$
(77,893.66)
$
-1%
198,087,127.42
$
196,392,617.85
$
(1,694,509.57)
$
-1%
Individual Extension
-
$
-
$
42,351,999.07
$
-
$
-
$
631,229.00
$
-
$
-
$
16,515,086.00
$
-
$
-
$
-
$
0%
61,507,296.50
$
59,498,314.07
$
(2,008,982.43)
$
-3%
Military (Riemb)
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Individual Income Tax Sub-Total
18,665,466.76
13,633,379.25
267,469,799.03
899,109.20
920,553.53
12,038,489.70
9,591,518.51
9,426,124.32
111,136,116.70
29,156,094.47
23,980,057.10
(5,176,037.37)
$                  
-18%
423,290,233.47
390,644,405.43
32,645,828.04
-8%
Corporate Income 
392,373.53
$
905,503.41
$
11,766,952.69
$
22,224.00
$
-
$
131,105.00
$
147,737.57
$
126,656.60
$
2,416,001.26
$
562,335.10
$
1,032,160.01
$
469,824.91
$
84%
14,593,571.08
$
14,314,058.95
$
(279,512.13)
$
-2%
Corporate Estimated
3,753,916.78
$
6,572,237.36
$
20,892,932.56
$
25,270.00
$
20,182.00
$
114,644.00
$
5,258,128.00
$
3,749,266.00
$
15,140,614.00
$
9,037,314.78
$
10,341,685.36
$
1,304,370.58
$
14%
32,543,067.00
$
36,148,190.56
$
3,605,123.56
$
11%
Corporate Extension
5,635,625.00
$
72,537.00
$
8,903,556.12
$
-
$
-
$
4,000.00
$
-
$
-
$
6,305,036.95
$
5,635,625.00
$
72,537.00
$
(5,563,088.00)
$
-99%
40,532,336.26
$
15,212,593.07
$
(25,319,743.19)
$
-62%
Corporate Income Tax Sub-Total
9,781,915.31
7,550,277.77
41,563,441.37
47,494.00
20,182.00
249,749.00
5,405,865.57
3,875,922.60
23,861,652.21
15,235,274.88
11,446,382.37
(3,788,892.51)
$                  
-25%
87,668,974.34
65,674,842.58
21,994,131.76
-25%
Total Income Taxes
28,447,382.07
21,183,657.02
309,033,240.40
946,603.20
940,735.53
12,288,238.70
14,997,384.08
13,302,046.92
134,997,768.91
44,391,369.35
35,426,439.47
(8,964,929.88)
$                   
-20%
510,959,207.81
456,319,248.01
54,639,959.80
-11%
Gross Receipts Tax*
`
9,868,197.95
$
11,116,860.54
$
156,954,191.98
$
646,201.70
$
765,940.72
$
10,302,899.80
$
4,473,279.09
$
3,784,185.22
$
46,146,721.66
$
14,987,678.74
$
15,666,986.48
$
679,307.74
$
5%
210,505,312.54
$
213,403,813.44
$
2,898,500.90
$
1%
Excise Tax
2,246,199.78
$
2,777,222.93
$
31,947,570.33
$
61.00
$
31.00
$
616.00
$
350,380.54
$
378,181.96
$
4,266,036.14
$
2,596,641.32
$
3,155,435.89
$
558,794.57
$
22%
36,687,985.83
$
36,214,222.47
$
(473,763.36)
$
-1%
Entertainment Tax
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Franchise Fee
-
$
-
$
664,438.41
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
668,666.61
$
664,438.41
$
(4,228.20)
$
-1%
Miscellaneous, Photo Copy, Etc.
2,947.00
$
2,178.00
$
27,623.00
$
-
$
-
$
-
$
818.00
$
270.00
$
12,130.00
$
3,765.00
$
2,448.00
$
(1,317.00)
$
-35%
42,714.70
$
39,753.00
$
(2,961.70)
$
-7%
Environmental Infrastructure Impact Fee 85%
364,055.00
$
309,081.25
$
4,465,085.70
$
-
$
-
$
-
$
-
$
-
$
11,602.50
$
364,055.00
$
309,081.25
$
(54,973.75)
$
-15%
4,507,252.96
$
4,476,688.20
$
(30,564.76)
$
-1%
Total Other General Fund Taxes 
12,481,399.73
14,205,342.72
194,058,909.42
646,262.70
765,971.72
10,303,515.80
4,824,477.63
4,162,637.18
50,436,490.30
17,952,140.06
19,133,951.62
1,181,811.56
$                    
7%
252,411,932.64
254,798,915.52
2,386,982.88
1%
40,928,781.80
35,388,999.74
503,092,149.82
1,592,865.90
1,706,707.25
22,591,754.50
19,821,861.71
17,464,684.10
185,434,259.21
62,343,509.41
54,560,391.09
(7,783,118.32)
$                   
-12%
763,371,140.45
711,118,163.53
52,252,976.92
-7%
Special Funds
Fuel Tax (Transportation Fund/WAPA Instructure)***
175,959.54
$
319,843.30
$
4,284,224.99
$
-
$
-
$
-
$
186,714.08
$
9,240.00
$
553,733.02
$
362,673.62
$
329,083.30
$
(33,590.32)
$
-9%
4,095,000.66
$
4,837,958.01
$
742,957.35
$
18%
Highway Users' Tax (Transportation Fund)
128,944.48
$
145,725.76
$
2,133,324.12
$
1,316.96
$
4,357.60
$
105,769.92
$
127,356.16
$
156,092.96
$
1,770,248.56
$
257,617.60
$
306,176.32
$
48,558.72
$
19%
3,972,383.94
$
4,009,342.60
$
36,958.66
$
1%
Hotel Room Tax
1,932,580.48
$
1,672,125.16
$
27,449,087.95
$
112,884.78
$
74,973.06
$
1,927,201.67
$
193,041.84
$
238,283.09
$
4,079,883.06
$
2,238,507.10
$
1,985,381.31
$
(253,125.79)
$
-11%
17,637,913.73
$
33,456,172.68
$
15,818,258.95
$
90%
Non-Hotel Room Tax
589,842.14
$
626,072.11
$
12,023,181.54
$
256,847.66
$
240,769.04
$
4,727,290.87
$
37,201.22
$
33,354.93
$
1,002,809.07
$
883,891.02
$
900,196.08
$
16,305.06
$
2%
24,556,065.43
$
17,753,281.49
$
(6,802,783.94)
$
-28%
Environmental Infrastructure Impact Fee 15%
64,245.00
$
54,543.75
$
787,956.30
$
-
$
-
$
-
$
-
$
-
$
2,047.50
$
64,245.00
$
54,543.75
$
(9,701.25)
$
-15%
795,397.58
$
790,003.80
$
(5,393.78)
$
-1%
Gross Casino (Casino Revenue Fund)
-
$
-
$
89,131.74
$
-
$
-
$
-
$
212,093.69
$
197,280.29
$
2,127,396.32
$
212,093.69
$
197,280.29
$
(14,813.40)
$
-7%
2,176,423.44
$
2,216,528.06
$
40,104.62
$
2%
Racino
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Lonesome Dove Fund
225,000.00
$
-
$
875,000.00
$
-
$
-
$
-
$
-
$
-
$
-
$
225,000.00
$
-
$
(225,000.00)
$
-100%
2,730,000.00
$
875,000.00
$
(1,855,000.00)
$
-68%
Arbitration Deposit
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Production Tax
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Vehicle Rental Surcharge (VI Education Initiative Fund)
102,855.00
$
98,859.75
$
1,154,829.52
$
15,741.96
$
29,452.50
$
304,961.88
$
47,642.30
$
39,278.75
$
628,206.32
$
166,239.26
$
167,591.00
$
1,351.74
$
1%
1,817,518.84
$
2,730,875.72
$
913,356.88
$
50%
Investment Alternative Tax
-
$
-
$
365,371.50
$
-
$
-
$
96,353.64
$
29,694.28
$
-
$
277,599.81
$
29,694.28
$
-
$
(29,694.28)
$
-100%
732,188.41
$
96,446.95
$
(635,741.46)
$
-87%
Total Special Funds Revenue
3,219,426.64
2,917,169.83
49,162,107.66
386,791.36
349,552.20
7,161,577.98
833,743.57
673,530.02
10,441,923.66
4,439,961.57
3,940,252.05
(499,709.52)
$                      
-11%
58,512,892.03
66,765,609.31
8,252,717.28
14%
TOTAL MONTHLY REVENUE COLLECTIONS
44,148,208.44
$               
38,306,169.57
$             
552,254,257.48
$             
1,979,657.26
$             
2,056,259.45
$              
29,753,332.48
$              
20,655,605.28
$               
18,138,214.12
$              
195,876,182.87
$             
66,783,470.98
$               
58,500,643.14
$              
(8,282,827.84)
$                   
-12%
821,884,032.48
$             
777,883,772.84
$              
(44,000,259.64)
$                 
-5%
Total of All Islands
Class of Tax 
Total General Fund Revenue
St. Thomas
St. John
St. Croix