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BUREAU OF INTERNAL REVENUE FISCAL YEAR 2023 MAY 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 % May-22 May-23 May-23 May-22 May-23 May-23 May-22 May-23 May-23 May-22 May-23 Difference INC/DEC May-22 May-23 Difference INC/DEC Individual Income 7,724,174.43 $ 2,722,359.13 $ 71,711,118.30 $ 148,491.73 $ 219,887.21 $ 3,276,224.81 $ 2,324,959.77 $ 3,400,779.91 $ 16,754,040.89 $ 10,197,625.93 $ 6,343,026.25 $ (3,854,599.68) $ -38% 61,119,718.87 $ 91,741,384.00 $ 30,621,665.13 $ 50% Estimated Tax 600,769.00 $ 615,870.86 $ 21,415,422.34 $ 110,644.00 $ 86,798.12 $ 1,818,063.12 $ 379,094.00 $ 262,659.50 $ 11,675,507.80 $ 1,090,507.00 $ 965,328.48 $ (125,178.52) $ -11% 33,469,075.22 $ 34,908,993.26 $ 1,439,918.04 $ 4% Withholding Tax 13,341,003.14 $ 13,049,240.68 $ 102,301,562.55 $ 469,940.12 $ 341,179.99 $ 2,836,477.59 $ 6,168,160.21 $ 5,556,356.39 $ 39,202,719.26 $ 19,979,103.47 $ 18,946,777.06 $ (1,032,326.41) $ -5% 142,704,314.82 $ 144,340,759.40 $ 1,636,444.58 $ 1% Individual Extension 716,328.00 $ 3,434,751.00 $ 40,887,457.09 $ 10,500.00 $ - $ 586,442.00 $ 219,515.52 $ 1,095,123.76 $ 20,029,960.41 $ 946,343.52 $ 4,529,874.76 $ 3,583,531.24 $ 379% 108,659,098.96 $ 61,503,859.50 $ (47,155,239.46) $ -43% Military (Riemb) - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Individual Income Tax Sub-Total 22,382,274.57 19,822,221.67 236,315,560.28 739,575.85 647,865.32 8,517,207.52 9,091,729.50 10,314,919.56 87,662,228.36 32,213,579.92 30,785,006.55 (1,428,573.37) $ -4% 345,952,207.87 332,494,996.16 13,457,211.71 -4% Corporate Income 312,182.05 $ 373,448.35 $ 10,115,284.79 $ 6,899.00 $ - $ 64,631.00 $ 800,426.21 $ 306,672.47 $ 1,221,344.92 $ 1,119,507.26 $ 680,120.82 $ (439,386.44) $ -39% 26,647,282.39 $ 11,401,260.71 $ (15,246,021.68) $ -57% Corporate Estimated 1,995,098.56 $ 1,308,279.00 $ 11,033,122.56 $ - $ - $ 14,119.00 $ 69,462.00 $ 51,581.00 $ 4,329,271.00 $ 2,064,560.56 $ 1,359,860.00 $ (704,700.56) $ -34% 20,565,793.27 $ 15,376,512.56 $ (5,189,280.71) $ -25% Corporate Extension 3,048,799.14 $ 2,286,464.55 $ 30,137,724.26 $ - $ - $ 32,000.00 $ 77,252.00 $ 161,722.00 $ 4,257,075.00 $ 3,126,051.14 $ 2,448,186.55 $ (677,864.59) $ -22% 43,010,655.06 $ 34,426,799.26 $ (8,583,855.80) $ -20% Corporate Income Tax Sub-Total 5,356,079.75 3,968,191.90 51,286,131.61 6,899.00 0.00 110,750.00 947,140.21 519,975.47 9,807,690.92 6,310,118.96 4,488,167.37 (1,821,951.59) $ -29% 90,223,730.72 61,204,572.53 29,019,158.19 -32% Total Income Taxes 27,738,354.32 23,790,413.57 287,601,691.89 746,474.85 647,865.32 8,627,957.52 10,038,869.71 10,834,895.03 97,469,919.28 38,523,698.88 35,273,173.92 (3,250,524.96) $ -8% 436,175,938.59 393,699,568.69 42,476,369.90 -10% Gross Receipts Tax* ` 15,981,938.26 $ 18,277,416.89 $ 98,307,671.08 $ 1,884,431.09 $ 1,335,793.43 $ 8,230,664.58 $ 6,469,912.81 $ 5,857,517.29 $ 38,182,619.76 $ 24,336,282.16 $ 25,470,727.61 $ 1,134,445.45 $ 5% 154,197,003.74 $ 144,720,955.42 $ (9,476,048.32) $ -6% Excise Tax 3,010,165.24 $ 2,816,588.68 $ 22,922,635.94 $ 231.00 $ 40.00 $ 161.00 $ 290,292.64 $ 367,900.58 $ 2,450,495.36 $ 3,300,688.88 $ 3,184,529.26 $ (116,159.62) $ -4% 24,557,822.05 $ 25,373,292.30 $ 815,470.25 $ 3% Entertainment Tax - $ - $ - $ - $ - $ - $ 15,121.81 $ - $ - $ 15,121.81 $ - $ (15,121.81) $ -100% 15,121.81 $ - $ (15,121.81) $ -100% Franchise Fee 275,632.30 $ 168,262.29 $ 497,333.44 $ - $ - $ - $ - $ - $ - $ 275,632.30 $ 168,262.29 $ (107,370.01) $ -39% 629,490.51 $ 497,333.44 $ (132,157.07) $ -21% Miscellaneous, Photo Copy, Etc. 2,291.00 $ 1,919.00 $ 18,295.00 $ - $ - $ - $ 1,469.17 $ 1,544.00 $ 8,889.20 $ 3,760.17 $ 3,463.00 $ (297.17) $ -8% 35,905.28 $ 27,184.20 $ (8,721.08) $ -24% Environmental Infrastructure Impact Fee 85% 658,452.50 $ 515,975.00 $ 2,680,330.03 $ 5,843.75 $ 3,175.00 $ 5,257.50 $ - $ 4,950.00 $ 15,745.00 $ 664,296.25 $ 524,100.00 $ (140,196.25) $ -21% 3,138,374.68 $ 2,701,332.53 $ (437,042.14) $ -14% Total Other General Fund Taxes 19,928,479.30 21,780,161.86 124,426,265.49 1,890,505.84 1,339,008.43 8,236,083.08 6,776,796.43 6,231,911.87 40,657,749.32 28,595,781.57 29,351,082.16 755,300.59 $ 3% 182,573,718.07 173,320,097.89 9,253,620.17 -5% 47,666,833.62 45,570,575.43 412,027,957.38 2,636,980.69 1,986,873.75 16,864,040.60 16,815,666.14 17,066,806.90 138,127,668.60 67,119,480.45 64,624,256.08 (2,495,224.37) $ -4% 618,749,656.66 567,019,666.58 51,729,990.07 -8% Special Funds Fuel Tax (Transportation Fund/WAPA Instructure)*** 167,518.40 $ 199,403.40 $ 1,326,740.28 $ - $ - $ - $ 371,698.11 $ 68,833.16 $ 1,347,986.57 $ 539,216.51 $ 268,236.56 $ (270,979.95) $ -50% 2,880,444.61 $ 2,674,726.85 $ (205,717.76) $ -7% Highway Users' Tax (Transportation Fund) 206,383.52 $ 256,697.18 $ 1,550,830.66 $ 39,079.04 $ 25,339.36 $ 141,249.44 $ 139,626.44 $ 118,062.56 $ 1,045,153.28 $ 385,089.00 $ 400,099.10 $ 15,010.10 $ 4% 2,886,667.36 $ 2,737,233.38 $ (149,433.98) $ -5% Hotel Room Tax 2,888,483.45 $ 1,007,419.03 $ 9,717,918.42 $ 1,376,721.16 $ 395,692.04 $ 941,875.89 $ 617,060.93 $ 453,026.36 $ 2,541,108.83 $ 4,882,265.54 $ 1,856,137.43 $ (3,026,128.11) $ -62% 14,779,923.40 $ 13,200,903.14 $ (1,579,020.26) $ -11% Non-Hotel Room Tax 1,170,493.01 $ 2,412,132.75 $ 8,848,899.79 $ 1,088,897.40 $ 617,943.05 $ 3,986,259.70 $ 99,223.82 $ 123,802.15 $ 722,539.33 $ 2,358,614.23 $ 3,153,877.95 $ 795,263.72 $ 34% 19,356,324.45 $ 13,557,698.82 $ (5,798,625.63) $ -30% Environmental Infrastructure Impact Fee 15% 116,197.50 $ - $ 381,945.01 $ 1,031.25 $ - $ 367.50 $ - $ - $ 855.00 $ 117,228.75 $ - $ (117,228.75) $ -100% 553,830.83 $ 383,167.51 $ (170,663.32) $ -31% Gross Casino (Casino Revenue Fund) - $ - $ - $ - $ - $ - $ 197,552.68 $ 208,102.11 $ 1,476,665.82 $ 197,552.68 $ 208,102.11 $ 10,549.43 $ 5% 1,571,153.00 $ 1,476,665.82 $ (94,487.18) $ -6% Racino - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Lonesome Dove Fund 225,000.00 $ - $ 2,155,000.00 $ - $ - $ - $ - $ - $ - $ 225,000.00 $ - $ (225,000.00) $ -100% 865,000.00 $ 2,155,000.00 $ 1,290,000.00 $ 149% Arbitration Deposit - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Production Tax - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Vehicle Rental Surcharge (VI Education Initiative Fund) 209,516.35 $ 237,244.09 $ 849,200.80 $ 61,163.50 $ 40,977.93 $ 261,618.15 $ 70,994.50 $ 82,096.66 $ 528,331.66 $ 341,674.35 $ 360,318.68 $ 18,644.33 $ 5% 1,893,750.02 $ 1,639,150.61 $ (254,599.41) $ -13% Investment Alternative Tax - $ - $ - $ - $ - $ - $ - $ - $ 87,550.27 $ - $ - $ - $ 0% 107,250.27 $ 87,550.27 $ (19,700.00) $ -18% Total Special Funds Revenue 4,983,592.23 4,112,896.45 24,830,534.96 2,566,892.35 1,079,952.38 5,331,370.68 1,496,156.48 1,053,923.00 7,750,190.76 9,046,641.06 6,246,771.83 (2,799,869.23) $ -31% 44,894,343.94 37,912,096.40 6,982,247.54 -16% TOTAL MONTHLY REVENUE COLLECTIONS 52,650,425.85 $ 49,683,471.88 $ 436,858,492.34 $ 5,203,873.04 $ 3,066,826.13 $ 22,195,411.28 $ 18,311,822.62 $ 18,120,729.90 $ 145,877,859.36 $ 76,166,121.51 $ 70,871,027.91 $ (5,295,093.60) $ -7% 663,644,000.59 $ 604,931,762.98 $ (58,712,237.61) $ -9% Total of All Islands Class of Tax Total General Fund Revenue St. Thomas St. John St. Croix