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BUREAU OF INTERNAL REVENUE FISCAL YEAR 2024 APRIL 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 % Apr-23 Apr-24 Apr-24 Apr-23 Apr-24 Apr-24 Apr-23 Apr-24 Apr-24 Apr-23 Apr-24 Difference INC/DEC Apr-23 Apr-24 Difference INC/DEC Individual Income 39,252,970.82 $ 17,170,661.46 $ 44,942,691.71 $ 2,242,243.24 $ 1,839,578.32 $ 4,206,676.95 $ 5,770,083.58 $ 8,651,842.03 $ 17,507,758.97 $ 47,265,297.64 $ 27,662,081.81 $ (19,603,215.83) $ -41% 85,400,368.97 $ 66,657,127.63 $ (18,743,241.34) $ -22% Estimated Tax 2,979,284.41 $ 3,108,284.59 $ 23,764,350.22 $ 350,618.00 $ 402,667.00 $ 1,670,080.00 $ 1,139,379.17 $ 1,634,090.00 $ 8,971,796.84 $ 4,469,281.58 $ 5,145,041.59 $ 675,760.01 $ 15% 28,616,526.04 $ 34,406,227.06 $ 5,789,701.02 $ 20% Withholding Tax 11,637,901.52 $ 10,525,820.51 $ 93,623,079.97 $ 347,898.68 $ 285,516.56 $ 2,370,546.93 $ 4,764,183.33 $ 7,545,684.15 $ 31,719,634.02 $ 16,749,983.53 $ 18,357,021.22 $ 1,607,037.69 $ 10% 124,171,510.03 $ 127,713,260.92 $ 3,541,750.89 $ 3% Individual Extension 37,074,884.24 $ 40,746,646.07 $ 42,028,499.07 $ 586,442.00 $ 631,229.00 $ 631,229.00 $ 18,894,736.65 $ 16,447,136.00 $ 16,515,086.00 $ 56,556,062.89 $ 57,825,011.07 $ 1,268,948.18 $ 2% 56,973,984.74 $ 59,174,814.07 $ 2,200,829.33 $ 4% Military (Riemb) - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Individual Income Tax Sub-Total 90,945,040.99 71,551,412.63 204,358,620.97 3,527,201.92 3,158,990.88 8,878,532.88 30,568,382.73 34,278,752.18 74,714,275.83 125,040,625.64 108,989,155.69 (16,051,469.95) $ -13% 295,162,389.78 287,951,429.68 7,210,960.10 -2% Corporate Income 2,262,578.59 $ 1,516,829.49 $ 6,582,553.80 $ 55,758.00 $ - $ 35,188.00 $ 209,167.00 $ 384,176.02 $ 1,958,827.63 $ 2,527,503.59 $ 1,901,005.51 $ (626,498.08) $ -25% 10,718,524.95 $ 8,576,569.43 $ (2,141,955.52) $ -20% Corporate Estimated 682,057.63 $ 3,213,546.41 $ 8,786,223.59 $ - $ - $ 67,460.00 $ 464,641.00 $ 558,271.00 $ 6,429,211.00 $ 1,146,698.63 $ 3,771,817.41 $ 2,625,118.78 $ 229% 17,195,764.56 $ 15,282,894.59 $ (1,912,869.97) $ -11% Corporate Extension 4,006,766.54 $ 7,241,657.90 $ 8,532,750.12 $ 32,000.00 $ - $ 4,000.00 $ 3,979,269.00 $ 5,848,759.00 $ 5,980,036.95 $ 8,018,035.54 $ 13,090,416.90 $ 5,072,381.36 $ 63% 31,978,612.71 $ 14,516,787.07 $ (17,461,825.64) $ -55% Corporate Income Tax Sub-Total 6,951,402.76 11,972,033.80 23,901,527.51 87,758.00 0.00 106,648.00 4,653,077.00 6,791,206.02 14,368,075.58 11,692,237.76 18,763,239.82 7,071,002.06 $ 60% 59,892,902.22 38,376,251.09 21,516,651.13 -36% Total Income Taxes 97,896,443.75 83,523,446.43 228,260,148.48 3,614,959.92 3,158,990.88 8,985,180.88 35,221,459.73 41,069,958.20 89,082,351.41 136,732,863.40 127,752,395.51 (8,980,467.89) $ -7% 355,055,292.00 326,327,680.77 28,727,611.23 -8% Gross Receipts Tax* ` 11,001,005.76 $ 16,629,311.95 $ 93,943,061.59 $ 1,073,358.07 $ 1,069,376.10 $ 6,279,243.05 $ 2,938,455.17 $ 3,942,407.36 $ 25,284,958.83 $ 15,012,819.00 $ 21,641,095.41 $ 6,628,276.41 $ 44% 118,547,136.81 $ 125,507,263.47 $ 6,960,126.66 $ 6% Excise Tax 2,426,738.80 $ 3,039,573.16 $ 18,917,046.81 $ 13.00 $ - $ 357.00 $ 276,112.53 $ 356,375.79 $ 2,419,008.33 $ 2,702,864.33 $ 3,395,948.95 $ 693,084.62 $ 26% 22,198,779.60 $ 21,336,412.14 $ (862,367.46) $ -4% Entertainment Tax - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Franchise Fee - $ 161,622.07 $ 496,708.07 $ - $ - $ - $ - $ - $ - $ - $ 161,622.07 $ 161,622.07 $ 0% 329,071.15 $ 496,708.07 $ 167,636.92 $ 51% Miscellaneous, Photo Copy, Etc. 1,522.00 $ 3,530.00 $ 16,149.00 $ - $ - $ - $ 990.70 $ 3,440.00 $ 8,200.00 $ 2,512.70 $ 6,970.00 $ 4,457.30 $ 177% 23,828.70 $ 24,349.00 $ 520.30 $ 2% Environmental Infrastructure Impact Fee 85% - $ 606,453.75 $ 2,442,239.55 $ - $ - $ - $ 5,057.50 $ 3,485.00 $ 5,907.50 $ 5,057.50 $ 609,938.75 $ 604,881.25 $ 11960% 2,176,340.03 $ 2,448,147.05 $ 271,807.02 $ 12% Total Other General Fund Taxes 13,429,266.56 20,440,490.93 115,815,205.02 1,073,371.07 1,069,376.10 6,279,600.05 3,220,615.90 4,305,708.15 27,718,074.66 17,723,253.53 25,815,575.18 8,092,321.65 $ 46% 143,275,156.29 149,812,879.73 6,537,723.44 5% 111,325,710.31 103,963,937.36 344,075,353.50 4,688,330.99 4,228,366.98 15,264,780.93 38,442,075.63 45,375,666.35 116,800,426.07 154,456,116.93 153,567,970.69 (888,146.24) $ -1% 498,330,448.29 476,140,560.50 22,189,887.79 -4% Special Funds Fuel Tax (Transportation Fund/WAPA Instructure)*** 171,016.58 $ 506,932.79 $ 2,366,733.02 $ - $ - $ - $ 192,528.56 $ 3,528.00 $ 434,393.52 $ 363,545.14 $ 510,460.79 $ 146,915.65 $ 40% 2,278,253.90 $ 2,801,126.54 $ 522,872.64 $ 23% Highway Users' Tax (Transportation Fund) 110,351.54 $ 187,436.32 $ 1,342,886.20 $ 9,140.32 $ 12,198.24 $ 61,757.60 $ 106,190.40 $ 151,506.44 $ 983,881.00 $ 225,682.26 $ 351,141.00 $ 125,458.74 $ 56% 2,347,441.80 $ 2,388,524.80 $ 41,083.00 $ 2% Hotel Room Tax 1,674,352.83 $ 4,701,171.23 $ 16,764,012.21 $ 160,158.70 $ 328,360.91 $ 1,233,466.87 $ 442,516.84 $ 592,870.05 $ 2,414,709.32 $ 2,277,028.37 $ 5,622,402.19 $ 3,345,373.82 $ 147% 7,892,156.27 $ 14,690,139.53 $ 6,797,983.26 $ 86% Other Lodging (Hotel Room Tax) 1,424,994.33 $ 1,766,819.26 $ 7,558,638.73 $ 377,211.46 $ 518,115.35 $ 3,437,260.71 $ 104,789.87 $ 110,582.43 $ 630,687.04 $ 1,906,995.66 $ 2,395,517.04 $ 488,521.38 $ 16,997,710.22 $ 11,626,586.48 $ (5,371,123.74) $ Environmental Infrastructure Impact Fee 15% - $ 107,021.25 $ 430,983.45 $ - $ - $ - $ 892.50 $ 615.00 $ 1,042.50 $ 892.50 $ 107,636.25 $ 106,743.75 $ 11960% 384,060.01 $ 432,025.95 $ 47,965.94 $ 12% Gross Casino (Casino Revenue Fund) - $ - $ 89,131.74 $ - $ - $ - $ 122,239.08 $ 194,115.77 $ 1,199,170.33 $ 122,239.08 $ 194,115.77 $ 71,876.69 $ 59% 1,209,177.54 $ 1,288,302.07 $ 79,124.53 $ 7% Racino - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Lonesome Dove Fund 480,000.00 $ - $ 700,000.00 $ - $ - $ - $ - $ - $ - $ 480,000.00 $ - $ (480,000.00) $ -100% 2,155,000.00 $ 700,000.00 $ (1,455,000.00) $ -68% Arbitration Deposit - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Production Tax - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Vehicle Rental Surcharge (VI Education Initiative Fund) 24,307.53 $ 165,933.25 $ 349,703.84 $ 29,234.75 $ 57,384.50 $ 87,902.31 $ 80,036.25 $ 146,400.07 $ 304,752.32 $ 133,578.53 $ 369,717.82 $ 236,139.29 $ 177% 636,252.47 $ 742,358.47 $ 106,106.00 $ 17% Investment Alternative Tax - $ - $ 393,214.14 $ - $ - $ 138,473.64 $ 28,288.50 $ 64,266.92 $ 245,419.78 $ 28,288.50 $ 64,266.92 $ 35,978.42 $ 127% 671,640.46 $ 777,107.56 $ 105,467.10 $ 16% Total Special Funds Revenue 3,885,022.81 7,435,314.10 29,995,303.33 575,745.23 916,059.00 4,958,861.13 1,077,482.00 1,263,884.68 6,214,055.81 5,538,250.04 9,615,257.78 4,077,007.74 $ 74% 34,571,692.67 35,446,171.40 874,478.73 3% TOTAL MONTHLY REVENUE COLLECTIONS 115,210,733.12 $ 111,399,251.46 $ 374,070,656.83 $ 5,264,076.22 $ 5,144,425.98 $ 20,223,642.06 $ 39,519,557.63 $ 46,639,551.03 $ 123,014,481.88 $ 159,994,366.97 $ 163,183,228.47 $ 3,188,861.50 $ 2% 532,902,140.96 $ 511,586,731.90 $ (21,315,409.06) $ -4% Total of All Islands Class of Tax Total General Fund Revenue St. Thomas St. John St. Croix