BUREAU OF INTERNAL REVENUE FISCAL YEAR 2024 OCTOBER 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 % Oct-22 Oct-23 Oct-23 Oct-22 Oct-23 Oct-23 Oct-22 Oct-23 Oct-23 Oct-22 Oct-23 Difference INC/DEC Oct-22 Oct-23 Difference INC/DEC Individual Income 19,120,423.30 $ 18,327,569.83 $ 18,327,569.83 $ 267,399.02 $ 439,087.37 $ 439,087.37 $ 3,834,214.27 $ 4,410,885.38 $ 4,410,885.38 $ 23,222,036.59 $ 23,177,542.58 $ (44,494.01) $ 0% 23,222,036.59 $ 23,177,542.58 $ (44,494.01) $ 0% Estimated Tax 2,069,291.01 $ 1,308,118.00 $ 1,308,118.00 $ 166,030.00 $ 37,650.00 $ 37,650.00 $ 419,123.39 $ 432,870.14 $ 432,870.14 $ 2,654,444.40 $ 1,778,638.14 $ (875,806.26) $ -33% 2,654,444.40 $ 1,778,638.14 $ (875,806.26) $ -33% Withholding Tax 7,939,149.35 $ 16,256,014.49 $ 16,256,014.49 $ 271,274.47 $ 246,641.57 $ 246,641.57 $ 3,774,321.39 $ 4,170,988.39 $ 4,170,988.39 $ 11,984,745.21 $ 20,673,644.45 $ 8,688,899.24 $ 72% 11,984,745.21 $ 20,673,644.45 $ 8,688,899.24 $ 72% Individual Extension - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Military (Riemb) - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Individual Income Tax Sub-Total 29,128,863.66 $ 35,891,702.32 35,891,702.32 704,703.49 $ 723,378.94 723,378.94 8,027,659.05 $ 9,014,743.91 9,014,743.91 37,861,226.20 45,629,825.17 7,768,598.97 21% 37,861,226.20 45,629,825.17 7,768,598.97 21% Corporate Income 4,087,704.57 $ 3,149,515.93 $ 3,149,515.93 $ - $ 20,381.00 $ 20,381.00 $ 74,982.34 $ 595,947.46 $ 595,947.46 $ 4,162,686.91 $ 3,765,844.39 $ (396,842.52) $ -10% 4,162,686.91 $ 3,765,844.39 $ (396,842.52) $ -10% Corporate Estimated 54,491.00 $ 793,222.00 $ 793,222.00 $ - $ 5,365.00 $ 5,365.00 $ 20,000.00 $ 7,500.00 $ 7,500.00 $ 74,491.00 $ 806,087.00 $ 731,596.00 $ 982% 74,491.00 $ 806,087.00 $ 731,596.00 $ 982% Corporate Extension 507,215.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 507,215.00 $ - $ (507,215.00) $ -100% 507,215.00 $ - $ (507,215.00) $ -100% Corporate Income Tax Sub-Total 4,649,410.57 $ 3,942,737.93 3,942,737.93 - $ 25,746.00 25,746.00 94,982.34 $ 603,447.46 603,447.46 4,744,392.91 4,571,931.39 172,461.52 -4% 4,744,392.91 4,571,931.39 172,461.52 -4% Total Income Taxes 33,778,274.23 $ 39,834,440.25 39,834,440.25 704,703.49 $ 749,124.94 749,124.94 8,122,641.39 $ 9,618,191.37 9,618,191.37 42,605,619.11 50,201,756.56 7,596,137.45 18% 42,605,619.11 50,201,756.56 7,596,137.45 18% Gross Receipts Tax* 10,031,526.54 $ 11,098,213.05 $ 11,098,213.05 $ 531,883.21 $ 540,627.82 $ 540,627.82 $ 4,931,384.54 $ 3,469,051.45 $ 3,469,051.45 $ 15,494,794.29 $ 15,107,892.32 $ (386,901.97) $ -2% 15,494,794.29 $ 15,107,892.32 $ (386,901.97) $ -2% Excise Tax 2,513,262.45 $ 2,961,669.05 $ 2,961,669.05 $ 16.00 $ 50.00 $ 50.00 $ 325,118.90 $ 353,649.11 $ 353,649.11 $ 2,838,397.35 $ 3,315,368.16 $ 476,970.81 $ 17% 2,838,397.35 $ 3,315,368.16 $ 476,970.81 $ 17% Entertainment Tax - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Franchise Fee 165,252.70 $ 165,570.30 $ 165,570.30 $ - $ - $ - $ - $ - $ - $ 165,252.70 $ 165,570.30 $ 317.60 $ 0% 165,252.70 $ 165,570.30 $ 317.60 $ 0% Miscellaneous, Photo Copy, Etc. 2,799.00 $ 2,213.00 $ 2,213.00 $ - $ - $ - $ 1,646.00 $ 1,384.00 $ 1,384.00 $ 4,445.00 $ 3,597.00 $ (848.00) $ -19% 4,445.00 $ 3,597.00 $ (848.00) $ -19% Environmental Infrastructure Impact Fee 85% 12,070.00 $ 279,926.25 $ 279,926.25 $ 446.25 $ - $ - $ - $ - $ - $ 12,516.25 $ 279,926.25 $ 267,410.00 $ 2137% 12,516.25 $ 279,926.25 $ 267,410.00 $ 2137% Total Other General Fund Taxes 12,724,910.69 $ 14,507,591.65 14,507,591.65 532,345.46 540,677.82 540,677.82 5,258,149.44 $ 3,824,084.56 3,824,084.56 18,515,405.59 18,872,354.03 356,948.44 2% 18,515,405.59 18,872,354.03 356,948.44 2% 46,503,184.92 54,342,031.90 54,342,031.90 1,237,048.95 1,289,802.76 1,289,802.76 13,380,790.83 13,442,275.93 13,442,275.93 61,121,024.70 69,074,110.59 7,953,085.89 13% 61,121,024.70 69,074,110.59 7,953,085.89 13% Special Funds Fuel Tax (Transportation Fund/WAPA Instructure)*** 139,552.00 $ 161,239.40 $ 161,239.40 $ - $ - $ - $ 200,658.50 $ 159,777.78 $ 159,777.78 $ 340,210.50 $ 321,017.18 $ (19,193.32) $ -6% 340,210.50 $ 321,017.18 $ (19,193.32) $ -6% Highway Users' Tax (Transportation Fund) 143,480.76 $ 194,620.64 $ 194,620.64 $ 19,999.68 $ 9,988.32 $ 9,988.32 $ 129,489.60 $ 127,037.28 $ 127,037.28 $ 292,970.04 $ 331,646.24 $ 38,676.20 $ 13% 292,970.04 $ 331,646.24 $ 38,676.20 $ 13% Hotel Room Tax 935,362.73 $ 1,527,979.83 $ 1,527,979.83 $ 93,956.27 $ 74,984.03 $ 74,984.03 $ 231,745.59 $ 287,357.65 $ 287,357.65 $ 1,261,064.59 $ 1,890,321.51 $ 629,256.92 $ 50% 1,261,064.59 $ 1,890,321.51 $ 629,256.92 $ 50% Environmental Infrastructure Impact Fee 15% - $ 49,398.75 $ 49,398.75 $ - $ - $ - $ - $ - $ - $ - $ 49,398.75 $ 49,398.75 $ #DIV/0! - $ 49,398.75 $ 49,398.75 $ #DIV/0! Gross Casino (Casino Revenue Fund) - $ - $ - $ - $ - $ - $ 183,519.85 $ 191,081.84 $ - $ 183,519.85 $ 191,081.84 $ 7,561.99 $ 4% 183,519.85 $ 191,081.84 $ 7,561.99 $ 4% Racino - $ - $ - $ - $ - $ - $ - $ - $ 191,081.84 $ - $ - $ - $ 0% - $ - $ - $ 0% Lonesome Dove Fund - $ 100,000.00 $ 100,000.00 $ - $ - $ - $ - $ - $ - $ - $ 100,000.00 $ 100,000.00 $ 0% - $ 100,000.00 $ 100,000.00 $ 0% Arbitration Deposit 525,000.00 $ - $ - $ - $ - $ - $ - $ - $ - $ 525,000.00 $ - $ (525,000.00) $ 0% 525,000.00 $ - $ (525,000.00) $ 0% - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Production Tax - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Vehicle Rental Surcharge (VI Education Initiative Fund) - $ 71,467.29 $ - $ - $ 9,893.00 $ - $ 34,732.50 $ 60,005.31 $ - $ 34,732.50 $ 141,365.60 $ 106,633.10 $ 307% 34,732.50 $ 141,365.60 $ 106,633.10 $ 307% Investment Alternative Tax 68,319.19 $ - $ 71,467.29 $ 11,726.50 $ - $ 9,893.00 $ 30,061.97 $ - $ 60,005.31 $ 110,107.66 $ - $ (110,107.66) $ 0% 110,107.66 $ - $ (110,107.66) $ 0% Total Special Funds Revenue 1,811,714.68 2,104,705.91 2,104,705.91 125,682.45 94,865.35 94,865.35 810,208.01 825,259.86 825,259.86 2,747,605.14 3,024,831.12 277,225.98 10% 2,747,605.14 3,024,831.12 277,225.98 10% 0 0 TOTAL MONTHLY REVENUE COLLECTIONS 48,314,899.60 $ 56,446,737.81 $ 56,446,737.81 $ 1,362,731.40 $ 1,384,668.11 $ 1,384,668.11 $ 14,190,998.84 $ 14,267,535.79 $ 14,267,535.79 $ 63,868,629.84 $ 72,098,941.71 $ 8,230,311.87 $ 13% 63,868,629.84 $ 72,098,941.71 $ 8,230,311.87 $ 13% Total General Fund Revenue Total of All Islands Class of Tax St. Thomas St. John St. Croix