BUREAU OF INTERNAL REVENUE FISCAL YEAR 2020 AUGUST 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 % Aug-19 Aug-20 Aug-20 Aug-19 Aug-20 Aug-20 Aug-19 Aug-20 Aug-20 Aug-19 Aug-20 Difference INC/DEC Aug-19 Aug-20 Difference INC/DEC Individual Income 1,505,409.74 $ 1,026,237.99 $ 45,741,266.22 $ 12,952.70 $ 54,135.26 $ 1,746,693.36 $ 936,485.40 $ 1,303,985.30 $ 26,722,404.61 $ 2,454,847.84 $ 2,384,358.55 $ (70,489.29) $ -3% 62,341,312.89 $ 74,210,364.19 $ 11,869,051.30 $ 19% Estimated Tax 1,498,148.00 $ 398,319.60 $ 29,870,665.80 $ 78,503.00 $ 60,692.00 $ 1,083,829.03 $ 399,540.00 $ 147,042.68 $ 24,139,866.22 $ 1,976,191.00 $ 606,054.28 $ (1,370,136.72) $ -69% 53,631,471.39 $ 55,094,361.05 $ 1,462,889.66 $ 3% Withholding Tax 10,180,583.66 $ 9,913,003.50 $ 118,689,851.98 $ 297,481.70 $ 208,971.18 $ 2,728,210.48 $ 8,020,490.43 $ 6,172,795.97 $ 91,168,904.51 $ 18,498,555.79 $ 16,294,770.65 $ (2,203,785.14) $ -12% 199,572,361.79 $ 212,586,966.97 $ 13,014,605.18 $ 7% Individual Extension - $ 140,000.00 $ 61,033,870.02 $ - $ - $ 249,953.00 $ - $ 10,058.00 $ 8,663,466.79 $ - $ 150,058.00 $ 150,058.00 $ 0% 54,088,290.75 $ 69,947,289.81 $ 15,858,999.06 $ 29% Military (Riemb) - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Individual Income Tax Sub-Tota 13,184,141.40 11,477,561.09 255,335,654.02 388,937.40 323,798.44 5,808,685.87 9,356,515.83 7,633,881.95 150,694,642.13 22,929,594.63 19,435,241.48 (3,494,353.15) $ -15% 369,633,436.82 411,838,982.02 42,205,545.20 11% Corporate Income 374,985.16 $ 384,820.06 $ 10,588,342.32 $ - $ - $ 55,215.52 $ 176,709.75 $ 172,537.30 $ 4,224,421.76 $ 551,694.91 $ 557,357.36 $ 5,662.45 $ 1% 13,027,427.87 $ 14,867,979.60 $ 1,840,551.73 $ 14% Corporate Estimated 88,670.00 $ 840,998.00 $ 9,347,578.38 $ - $ - $ 7,486.00 $ 144,851.00 $ - $ 7,068,057.00 $ 233,521.00 $ 840,998.00 $ 607,477.00 $ 260% 24,209,199.52 $ 16,423,121.38 $ (7,786,078.14) $ -32% Corporate Extension 41,300.00 $ 112,171.00 $ 15,094,469.57 $ - $ - $ 5,000.00 $ - $ 15,000.00 $ 11,739,015.00 $ 41,300.00 $ 127,171.00 $ 85,871.00 $ 208% 15,743,603.58 $ 26,838,484.57 $ 11,094,880.99 $ 70% Corporate Income Tax Sub-Tota 504,955.16 1,337,989.06 35,030,390.27 0.00 0.00 67,701.52 321,560.75 187,537.30 23,031,493.76 826,515.91 1,525,526.36 699,010.45 $ 85% 52,980,230.97 58,129,585.55 5,149,354.58 10% Total Income Taxes 13,689,096.56 12,815,550.15 290,366,044.29 388,937.40 323,798.44 5,876,387.39 9,678,076.58 7,821,419.25 173,726,135.89 23,756,110.54 20,960,767.84 (2,795,342.70) $ -12% 422,613,667.79 469,968,567.57 47,354,899.78 11% Gross Receipts Tax* ` 10,571,451.58 $ 8,024,716.81 $ 130,259,686.67 $ 777,788.58 $ 671,433.04 $ 6,168,153.02 $ 7,703,446.52 $ 6,315,508.49 $ 105,481,971.08 $ 19,052,686.68 $ 15,011,658.34 $ (4,041,028.34) $ -21% 225,225,242.29 $ 241,909,810.77 $ 16,684,568.48 $ 7% Excise Tax 136,508.93 $ 143,347.00 $ 1,591,521.78 $ 186.00 $ - $ 383.00 $ 46,365.51 $ 13,250.33 $ 292,388.62 $ 183,060.44 $ 156,597.33 $ (26,463.11) $ -14% 10,688,399.05 $ 1,884,293.40 $ (8,804,105.65) $ -82% Entertainment Tax - $ - $ 6,863.75 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ 6,863.75 $ 6,863.75 $ 0% Franchise Fee 181,966.63 $ - $ 764,409.59 $ - $ - $ - $ - $ - $ - $ 181,966.63 $ - $ (181,966.63) $ -100% 674,217.34 $ 764,409.59 $ 90,192.25 $ 13% Miscellaneous, Photo Copy, Etc. 5,264.00 $ 2,125.00 $ 40,742.50 $ - $ - $ - $ 2,086.00 $ 1,225.00 $ 10,368.00 $ 7,350.00 $ 3,350.00 $ (4,000.00) $ -54% 194,694.23 $ 51,110.50 $ (143,583.73) $ -74% Environmental Infrastructure Impact Fee 85% 174,781.25 $ 248,752.50 $ 2,488,970.00 $ - $ 1,508.75 $ 36,546.81 $ 1,190.00 $ - $ 87,774.40 $ 175,971.25 $ 250,261.25 $ 74,290.00 $ 42% 2,445,184.83 $ 2,613,291.21 $ 168,106.39 $ 7% Total Other General Fund Taxes 11,069,972.39 8,418,941.31 135,152,194.29 777,974.58 672,941.79 6,205,082.83 7,753,088.03 6,329,983.82 105,872,502.10 19,601,035.00 15,421,866.92 (4,179,168.08) $ -21% 239,227,737.74 247,229,779.22 8,002,041.49 3% 24,759,068.95 21,234,491.46 425,518,238.58 1,166,911.98 996,740.23 12,081,470.22 17,431,164.61 14,151,403.07 279,598,637.99 43,357,145.54 36,382,634.76 (6,974,510.78) $ -16% 661,841,405.53 717,198,346.79 55,356,941.27 8% Special Funds Fuel Tax (Transportation Fund/WAPA Instructure)*** 147,705.74 $ 155,073.91 $ 2,052,600.81 $ 4,200.00 $ 14,280.00 $ 124,262.04 $ 2,520.00 $ 187,447.22 $ 2,135,281.71 $ 154,425.74 $ 356,801.13 $ 202,375.39 $ 131% 4,482,936.00 $ 4,312,144.56 $ (170,791.44) $ -4% Highway Users' Tax (Transportation Fund) 164,391.36 $ 163,265.60 $ 1,879,451.85 $ 9,199.04 $ 512.00 $ 106,949.04 $ 226,183.02 $ 204,606.88 $ 2,710,828.56 $ 399,773.42 $ 368,384.48 $ (31,388.94) $ -8% 6,520,004.98 $ 4,697,229.45 $ (1,822,775.53) $ -28% Hotel Room Tax 1,263,308.00 $ 1,219,014.07 $ 10,543,672.40 $ 324,920.14 $ 340,968.30 $ 2,714,871.81 $ 300,126.88 $ 255,546.22 $ 3,147,748.14 $ 1,888,355.02 $ 1,815,528.59 $ (72,826.43) $ -4% 19,377,430.21 $ 16,406,292.35 $ (2,971,137.86) $ -15% Environmental Infrastructure Impact Fee 15% 30,843.75 $ 43,897.50 $ 439,230.00 $ - $ 266.25 $ 6,449.44 $ 210.00 $ - $ 15,489.60 $ 31,053.75 $ 44,163.75 $ 13,110.00 $ 42% 747,671.22 $ 461,169.04 $ (286,502.18) $ -38% Gross Casino (Casino Revenue Fund) - $ - $ - $ - $ - $ - $ 161,908.23 $ 6,919.75 $ 1,144,538.92 $ 161,908.23 $ 6,919.75 $ (154,988.48) $ -96% 1,852,721.04 $ 1,144,538.92 $ (708,182.12) $ -38% 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) 72,334.15 $ 67,148.71 $ 544,000.91 $ 31,878.75 $ 28,350.95 $ 214,981.78 $ 163,375.72 $ 147,086.25 $ 1,512,116.50 $ 267,588.62 $ 242,585.91 $ (25,002.71) $ -9% 2,926,076.70 $ 2,271,099.19 $ (654,977.51) $ -22% Investment Alternative Tax - $ - $ - $ - $ - $ - $ - $ - $ 113,626.89 $ - $ - $ - $ 0% 124,625.05 $ 113,626.89 $ (10,998.16) $ -9% Total Special Funds Revenue 1,678,583.00 1,648,399.79 16,058,955.97 370,197.93 384,377.50 3,167,514.12 854,323.85 801,606.32 10,779,630.32 2,903,104.78 2,834,383.61 (68,721.17) $ -2% 36,196,918.77 30,006,100.41 6,190,818.36 -17% TOTAL MONTHLY REVENUE COLLECTIONS 26,437,651.95 $ 22,882,891.25 $ 441,577,194.55 $ 1,537,109.91 $ 1,381,117.73 $ 15,248,984.34 $ 18,285,488.46 $ 14,953,009.39 $ 290,378,268.31 $ 46,260,250.32 $ 39,217,018.37 $ (7,043,231.95) $ -15% 698,038,324.29 $ 747,204,447.20 $ 49,166,122.91 $ 7% Total of All Islands Class of Tax Total General Fund Revenue St. Thomas St. John St. Croix