BUREAU OF INTERNAL REVENUE
FISCAL YEAR 2023
JANUARY MONTHLY COLLECTION REPORT
Collection
Collection
Cummulative
Collection
Collection
Cummulative
Collection
Collection
Cummulative
Collection
Collection
Collection
Cummulative
Cummulative
Cummulative
FY 2022
FY 2023
FY 2023
FY 2022
FY 2023
FY 2023
FY 2022
FY 2023
FY 2023
FY 2022
FY 2023
FY 2022 &  FY 2023
%
FY 2022
FY 2023
FY 2022 &  FY 2023
%
Jan-22
Jan-23
Jan-23
Jan-22
Jan-23
Jan-23
Jan-22
Jan-23
Jan-23
Jan-22
Jan-23
Difference
INC/DEC
Jan-22
Jan-23
Difference
INC/DEC
Individual Income
3,546,472.96
$
1,122,934.04
$
23,678,878.37
$
29,276.24
$
15,072.92
$
327,628.15
$
429,311.75
$
596,470.59
$
5,561,957.01
$
4,005,060.95
$
1,734,477.55
$
(2,270,583.40)
$
-57%
18,513,823.33
$
29,568,463.53
$
11,054,640.20
$
60%
Estimated Tax
10,627,441.39
$
11,842,214.22
$
17,436,752.67
$
789,054.00
$
1,024,852.00
$
1,265,954.00
$
5,145,012.42
$
6,961,443.74
$
9,249,927.13
$
16,561,507.81
$
19,828,509.96
$
3,267,002.15
$
20%
21,437,773.21
$
27,952,633.80
$
6,514,860.59
$
30%
Withholding Tax
9,068,329.94
$
12,684,215.82
$
53,751,758.31
$
464,760.22
$
566,037.83
$
1,513,259.08
$
5,267,779.84
$
6,257,809.30
$
18,408,451.94
$
14,800,870.00
$
19,508,062.95
$
4,707,192.95
$
32%
68,844,095.98
$
73,673,469.33
$
4,829,373.35
$
7%
Individual Extension
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Military (Riemb)
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Individual Income Tax Sub-Total
23,242,244.29
25,649,364.08
94,867,389.35
1,283,090.46
1,605,962.75
3,106,841.23
10,842,104.01
13,815,723.63
33,220,336.08
35,367,438.76
41,071,050.46
5,703,611.70
$                    
16%
108,795,692.52
131,194,566.66
22,398,874.14
21%
Corporate Income
5,712,087.51
$
143,659.50
$
4,815,699.81
$
1,774.30
$
-
$
-
$
418,225.81
$
51,336.90
$
206,221.56
$
6,132,087.62
$
194,996.40
$
(5,937,091.22)
$
-97%
21,002,313.24
$
5,021,921.37
$
(15,980,391.87)
$
-76%
Corporate Estimated
1,276,234.00
$
4,033,499.00
$
7,627,187.00
$
-
$
-
$
14,119.00
$
840,085.00
$
250,390.00
$
3,699,892.00
$
2,116,319.00
$
4,283,889.00
$
2,167,570.00
$
102%
9,631,021.00
$
11,341,198.00
$
1,710,177.00
$
18%
Corporate Extension
379,668.00
$
318,152.00
$
825,442.00
$
-
$
-
$
-
$
-
$
-
$
-
$
379,668.00
$
318,152.00
$
(61,516.00)
$
-16%
1,918,957.00
$
825,442.00
$
(1,093,515.00)
$
-57%
Corporate Income Tax Sub-Total
7,367,989.51
4,495,310.50
13,268,328.81
1,774.30
0.00
14,119.00
1,258,310.81
301,726.90
3,906,113.56
8,628,074.62
4,797,037.40
(3,831,037.22)
$                   
-44%
32,552,291.24
17,188,561.37
15,363,729.87
-47%
Total Income Taxes
30,610,233.80
30,144,674.58
108,135,718.16
1,284,864.76
1,605,962.75
3,120,960.23
12,100,414.82
14,117,450.53
37,126,449.64
43,995,513.38
45,868,087.86
1,872,574.48
$                    
4%
141,347,983.76
148,383,128.03
7,035,144.27
5%
Gross Receipts Tax*
`
12,262,027.05
$
13,134,832.40
$
44,202,780.07
$
1,744,888.03
$
1,251,672.27
$
3,468,784.79
$
5,482,211.70
$
5,738,958.69
$
19,682,738.93
$
19,489,126.78
$
20,125,463.36
$
636,336.58
$
3%
72,923,202.97
$
67,354,303.79
$
(5,568,899.18)
$
-8%
Excise Tax
2,155,799.69
$
2,770,013.38
$
11,471,329.42
$
-
$
22.00
$
85.00
$
249,259.70
$
279,340.50
$
1,177,606.87
$
2,405,059.39
$
3,049,375.88
$
644,316.49
$
27%
12,371,367.00
$
12,649,021.29
$
277,654.29
$
2%
Entertainment Tax
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Franchise Fee
173,699.31
$
-
$
165,252.70
$
-
$
-
$
-
$
-
$
-
$
-
$
173,699.31
$
-
$
(173,699.31)
$
-100%
353,858.21
$
165,252.70
$
(188,605.51)
$
-53%
Miscellaneous, Photo Copy, Etc.
2,867.50
$
2,554.00
$
8,833.00
$
-
$
-
$
-
$
1,262.00
$
989.50
$
4,354.50
$
4,129.50
$
3,543.50
$
(586.00)
$
-14%
18,860.74
$
13,187.50
$
(5,673.24)
$
-30%
Environmental Infrastructure Impact Fee 85%
136,850.00
$
85,191.25
$
991,270.03
$
4,719.20
$
-
$
2,082.50
$
-
$
-
$
-
$
141,569.20
$
85,191.25
$
(56,377.95)
$
-40%
1,125,048.53
$
993,352.53
$
(131,695.99)
$
-12%
Total Other General Fund Taxes 
14,731,243.55
15,992,591.03
56,839,465.22
1,749,607.23
1,251,694.27
3,470,952.29
5,732,733.40
6,019,288.69
20,864,700.30
22,213,584.18
23,263,573.99
1,049,989.81
$                    
5%
86,792,337.45
81,175,117.81
5,617,219.63
-6%
45,341,477.35
46,137,265.61
164,975,183.38
3,034,471.99
2,857,657.02
6,591,912.52
17,833,148.22
20,136,739.22
57,991,149.94
66,209,097.56
69,131,661.85
2,922,564.29
$                    
4%
228,140,321.21
229,558,245.84
1,417,924.64
1%
Special Funds
Fuel Tax (Transportation Fund/WAPA Instructure)***
400,167.07
$
154,174.02
$
621,665.10
$
-
$
-
$
-
$
178,640.98
$
336,301.59
$
745,025.29
$
578,808.05
$
490,475.61
$
(88,332.44)
$
-15%
1,474,275.91
$
1,366,690.39
$
(107,585.52)
$
-7%
Highway Users' Tax (Transportation Fund)
119,287.04
$
217,331.08
$
757,994.60
$
37,446.72
$
23,404.32
$
88,213.12
$
174,521.76
$
144,479.04
$
555,221.76
$
331,255.52
$
385,214.44
$
53,958.92
$
16%
1,394,971.04
$
1,401,429.48
$
6,458.44
$
0%
Hotel Room Tax
2,394,507.31
$
2,660,679.03
$
7,024,822.27
$
892,145.58
$
645,459.18
$
1,446,611.56
$
606,502.41
$
503,869.68
$
1,145,449.37
$
3,893,155.30
$
3,810,007.89
$
(83,147.41)
$
-2%
11,555,048.19
$
9,616,883.20
$
(1,938,164.99)
$
-17%
Environmental Infrastructure Impact Fee 15%
24,150.00
$
15,033.75
$
174,930.01
$
832.80
$
-
$
367.50
$
-
$
-
$
-
$
24,982.80
$
15,033.75
$
(9,949.05)
$
-40%
198,537.98
$
175,297.51
$
(23,240.47)
$
-12%
Gross Casino (Casino Revenue Fund)
-
$
-
$
-
$
-
$
-
$
-
$
199,305.45
$
227,750.76
$
757,093.23
$
199,305.45
$
227,750.76
$
28,445.31
$
14%
946,222.99
$
757,093.23
$
(189,129.76)
$
-20%
Racino
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Lonesome Dove Fund
-
$
-
$
1,225,000.00
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
315,000.00
$
1,225,000.00
$
910,000.00
$
289%
Arbitration Deposit
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Production Tax
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
-
$
0%
-
$
-
$
-
$
0%
Vehicle Rental Surcharge (VI Education Initiative Fund)
52,024.42
$
107,897.38
$
327,731.71
$
44,230.16
$
42,200.00
$
107,874.00
$
117,802.50
$
69,723.75
$
206,973.75
$
214,057.08
$
219,821.13
$
5,764.05
$
3%
819,857.11
$
642,579.46
$
(177,277.65)
$
-22%
Investment Alternative Tax
-
$
-
$
-
$
-
$
-
$
-
$
37,270.38
$
29,199.80
$
59,261.77
$
37,270.38
$
29,199.80
$
(8,070.58)
$
-22%
74,853.68
$
59,261.77
$
(15,591.91)
$
-21%
Total Special Funds Revenue
2,990,135.84
3,155,115.26
10,132,143.69
974,655.26
711,063.50
1,643,066.18
1,314,043.48
1,311,324.62
3,469,025.17
5,278,834.58
5,177,503.38
(101,331.20)
$                      
-2%
16,778,766.90
15,244,235.04
1,534,531.86
-9%
TOTAL MONTHLY REVENUE COLLECTIONS
48,331,613.19
$               
49,292,380.87
$             
175,107,327.07
$             
4,009,127.25
$              
3,568,720.52
$              
8,234,978.70
$             
19,147,191.70
$            
21,448,063.84
$              
61,460,175.11
$               
71,487,932.14
$               
74,309,165.23
$              
2,821,233.09
$                    
4%
244,919,088.10
$             
244,802,480.88
$              
(116,607.22)
$                      
0%
Total of All Islands
Class of Tax 
Total General Fund Revenue
St. Thomas
St. John
St. Croix