## Slide 1
REVENUE ESTIMATING TECHNICAL CONFERENCE
Virgin Islands Housing Finance Authority
Date: April 30, 2024.

## Slide 2
CDBG-DR Funding
Gross Receipt Tax Revenue FY19-FY23 Collections (Actual)
Estimation 
Assumptions
FY24-FY25 GRT Projections (CDBG-MIT/EGRID)
Overview
2

## Slide 3
Overview of CDBG-DR Funding
3

## Slide 4
Fiscal Year	Gross Amount	GRT Revenue
FY19	$     488,540	$     24,427
FY20	$  5,025,460	$   251,273
FY21	$22,606,440	$  790,605
FY22	$29,074,560	$1,453,728
FY23	$40,137,260	$2,006,863
FY24(Current)	$  4,026,820	$   362,177
Total	$101,359,081	$4,889,073
CDBG-DR GROSS RECEIPT TAX REVENUE FY19-FY23 Overview
4

## Slide 5
CDBG-DR Year-to-Date GRT Collections
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## Slide 6
Year (x)	Fiscal  Year	GRT Revenue Actual	Projected (GRT)
1	9/30/2019	$     24,427	
2	9/30/2020	$   251,273	
3	9/30/2021	$   790,605	
4	9/30/2022	$1,453,728	
5	9/30/2023	$2,006,863	
6	9/30/2024		$2,455,577
7	9/30/2025		$2,972,310
CDBG-DR GRT Estimation-Trend Analysis
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## Slide 7
CDBG-DR FY 24-25 Estimation
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## Slide 8
Fiscal Year	CDBG-DR Actual	Projected MIT-EGRID
9/30/2021	$790,605	
9/30/2022	$1,458,841	
9/30/2024		$   531,769
9/30/2025		$  2,795,314
Total	$2,249,445	$3,327,084
Projection Overview-CDBG-MIT/EGRID
8

## Slide 9
Program	Projected EGRID- Gross Receipts FY 24	Projected MIT Gross Receipts FY 25	FY24 GRT (Est.)	FY25 GRT (Est.)
Infrastructure	$13,976,570	$41,929,710	$698,829	$2,096,486
Housing	$2,658,845	$7,976,535	$132,942	$398,827
Total	$16,635,415	$49,906,245	$831,771	$2,495,313
FY24/25 CDBG-MIT AND EGRID Projections by Program
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## Slide 10
Comparison Chart CDBG-DR and CDBG-MIT/EGRID
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## Slide 11
Questions?