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BUREAU OF INTERNAL REVENUE FISCAL YEAR 2023 AUGUST 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 % Aug-22 Aug-23 Aug-23 Aug-22 Aug-23 Aug-23 Aug-22 Aug-23 Aug-23 Aug-22 Aug-23 Difference INC/DEC Aug-22 Aug-23 Difference INC/DEC Individual Income 1,698,983.02 $ 1,497,242.17 $ 77,277,033.28 $ 57,568.02 $ 53,702.49 $ 3,423,563.13 $ 816,548.94 $ 629,116.76 $ 24,646,118.06 $ 2,573,099.98 $ 2,180,061.42 $ (393,038.56) $ -15% 70,646,188.73 $ 105,346,714.47 $ 34,700,525.74 $ 49% Estimated Tax 854,662.50 $ 908,301.00 $ 29,181,999.38 $ 150,534.00 $ 31,691.00 $ 2,312,286.12 $ 480,490.00 $ 289,497.00 $ 16,035,565.99 $ 1,485,686.50 $ 1,229,489.00 $ (256,197.50) $ -17% 48,696,900.24 $ 47,529,851.49 $ (1,167,048.75) $ -2% Withholding Tax 10,968,495.16 $ 8,536,997.03 $ 129,791,818.90 $ 324,355.80 $ 324,898.77 $ 3,849,750.03 $ 4,545,377.15 $ 3,686,950.93 $ 52,656,807.44 $ 15,838,228.11 $ 12,548,846.73 $ (3,289,381.38) $ -21% 194,267,569.67 $ 186,298,376.37 $ (7,969,193.30) $ -4% Individual Extension - $ - $ 40,889,894.09 $ - $ - $ 586,442.00 $ - $ - $ 20,030,960.41 $ - $ - $ - $ 0% 108,714,445.96 $ 61,507,296.50 $ (47,207,149.46) $ -43% Military (Riemb) - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Individual Income Tax Sub-Total 13,522,140.68 10,942,540.20 277,140,745.65 532,457.82 410,292.26 10,172,041.28 5,842,416.09 4,605,564.69 113,369,451.90 19,897,014.59 15,958,397.15 (3,938,617.44) $ -20% 422,325,104.60 400,682,238.83 21,642,865.77 -5% Corporate Income 71,288.63 $ 538,638.68 $ 11,383,120.03 $ - $ - $ 64,631.00 $ 27,553.66 $ 1,253,949.00 $ 2,586,099.89 $ 98,842.29 $ 1,792,587.68 $ 1,693,745.39 $ 1714% 32,465,583.57 $ 14,033,850.92 $ (18,431,732.65) $ -57% Corporate Estimated 213,370.00 $ 146,375.00 $ 15,275,812.22 $ - $ - $ 14,119.00 $ 20,000.00 $ 88,000.00 $ 5,036,709.00 $ 233,370.00 $ 234,375.00 $ 1,005.00 $ 0% 27,877,637.27 $ 20,326,640.22 $ (7,550,997.05) $ -27% Corporate Extension 18,162.00 $ 40,876.00 $ 30,187,636.26 $ - $ - $ 32,000.00 $ - $ - $ 4,677,075.00 $ 18,162.00 $ 40,876.00 $ 22,714.00 $ 125% 43,058,367.06 $ 34,896,711.26 $ (8,161,655.80) $ -19% Corporate Income Tax Sub-Total 302,820.63 725,889.68 56,846,568.51 0.00 0.00 110,750.00 47,553.66 1,341,949.00 12,299,883.89 350,374.29 2,067,838.68 1,717,464.39 $ 490% 103,401,587.90 69,257,202.40 34,144,385.50 -33% Total Income Taxes 13,824,961.31 11,668,429.88 333,987,314.16 532,457.82 410,292.26 10,282,791.28 5,889,969.75 5,947,513.69 125,669,335.79 20,247,388.88 18,026,235.83 (2,221,153.05) $ -11% 525,726,692.50 469,939,441.23 55,787,251.27 -11% Gross Receipts Tax* ` 12,328,505.57 $ 12,655,797.27 $ 134,471,418.04 $ 1,160,739.55 $ 885,936.23 $ 10,875,445.62 $ 5,637,273.73 $ 3,763,365.71 $ 50,873,361.14 $ 19,126,518.85 $ 17,305,099.21 $ (1,821,419.64) $ -10% 209,221,400.60 $ 196,220,224.80 $ (13,001,175.80) $ -6% Excise Tax 2,462,249.78 $ 2,958,056.24 $ 30,717,228.45 $ 31.00 $ 53.00 $ 441.00 $ 340,777.52 $ 283,936.54 $ 3,363,658.50 $ 2,803,058.30 $ 3,242,045.78 $ 438,987.48 $ 16% 33,801,595.03 $ 34,081,327.95 $ 279,732.92 $ 1% Entertainment Tax - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% 15,121.81 $ - $ (15,121.81) $ -100% Franchise Fee 170,469.44 $ 171,333.17 $ 668,666.61 $ - $ - $ - $ - $ - $ - $ 170,469.44 $ 171,333.17 $ 863.73 $ 1% 799,959.95 $ 668,666.61 $ (131,293.34) $ -16% Miscellaneous, Photo Copy, Etc. 2,898.00 $ 2,550.00 $ 24,709.00 $ - $ - $ - $ 1,716.00 $ 1,290.50 $ 14,133.20 $ 4,614.00 $ 3,840.50 $ (773.50) $ -17% 47,388.28 $ 38,842.20 $ (8,546.08) $ -18% Environmental Infrastructure Impact Fee 85% 479,527.50 $ - $ 2,680,330.03 $ 3,230.00 $ - $ 5,257.50 $ 48,110.00 $ - $ 15,745.00 $ 530,867.50 $ - $ (530,867.50) $ -100% 4,609,257.18 $ 2,701,332.53 $ (1,907,924.64) $ -41% Total Other General Fund Taxes 15,443,650.29 15,787,736.68 168,562,352.13 1,164,000.55 885,989.23 10,881,144.12 6,027,877.25 4,048,592.75 54,266,897.84 22,635,528.09 20,722,318.66 (1,913,209.43) $ -8% 248,494,722.85 233,710,394.09 14,784,328.75 -6% 29,268,611.60 27,456,166.56 502,549,666.29 1,696,458.37 1,296,281.49 21,163,935.40 11,917,847.00 9,996,106.44 179,936,233.63 42,882,916.97 38,748,554.49 (4,134,362.48) $ -10% 774,221,415.35 703,649,835.32 70,571,580.02 -9% Special Funds Fuel Tax (Transportation Fund/WAPA Instructure)*** 236,444.00 $ 168,403.92 $ 1,879,413.68 $ - $ - $ - $ 156,175.88 $ 168,981.26 $ 1,988,709.75 $ 392,619.88 $ 337,385.18 $ (55,234.70) $ -14% 3,946,907.06 $ 3,868,123.43 $ (78,783.63) $ -2% Highway Users' Tax (Transportation Fund) 187,894.08 $ 178,224.32 $ 2,085,830.82 $ 16,571.04 $ 3,785.60 $ 179,797.12 $ 127,876.32 $ 132,440.80 $ 1,438,830.88 $ 332,341.44 $ 314,450.72 $ (17,890.72) $ -5% 3,824,304.62 $ 3,704,458.82 $ (119,845.80) $ -3% Hotel Room Tax 2,864,206.02 $ 1,252,695.42 $ 13,978,414.79 $ 747,217.68 $ 721,863.47 $ 1,982,564.57 $ 423,384.53 $ 390,327.68 $ 3,607,873.28 $ 4,034,808.23 $ 2,364,886.57 $ (1,669,921.66) $ -41% 27,450,983.20 $ 19,568,852.64 $ (7,882,130.56) $ -29% Non-Hotel Room Tax 797,988.44 $ 1,616,555.37 $ 12,173,900.18 $ 577,940.37 $ - $ 4,929,979.08 $ 70,352.41 $ 88,042.36 $ 984,117.33 $ 1,446,281.22 $ 1,704,597.73 $ 258,316.51 $ 18% 25,590,076.37 $ 18,087,996.59 $ (7,502,079.78) $ -29% Environmental Infrastructure Impact Fee 15% 84,622.50 $ 738,525.00 $ 2,168,645.51 $ 570.00 $ - $ 367.50 $ 8,490.00 $ 525.00 $ 4,005.00 $ 93,682.50 $ 739,050.00 $ 645,367.50 $ 689% 813,398.33 $ 2,173,018.01 $ 1,359,619.68 $ 167% Gross Casino (Casino Revenue Fund) - $ - $ - $ - $ - $ - $ 187,970.70 $ 163,908.84 $ 2,023,715.92 $ 187,970.70 $ 163,908.84 $ (24,061.86) $ -13% 2,183,607.40 $ 2,023,715.92 $ (159,891.48) $ -7% Racino - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Lonesome Dove Fund 200,000.00 $ - $ 2,505,000.00 $ - $ - $ - $ - $ - $ - $ 200,000.00 $ - $ (200,000.00) $ -100% 3,490,000.00 $ 2,505,000.00 $ (985,000.00) $ -28% Arbitration Deposit - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Production Tax - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Vehicle Rental Surcharge (VI Education Initiative Fund) 202,721.85 $ 123,156.45 $ 1,191,965.58 $ 45,986.25 $ 54,400.00 $ 392,812.80 $ 61,365.00 $ 59,624.00 $ 709,080.66 $ 310,073.10 $ 237,180.45 $ (72,892.65) $ -24% 2,608,353.47 $ 2,293,859.04 $ (314,494.43) $ -12% Investment Alternative Tax - $ - $ - $ - $ - $ - $ - $ - $ 118,403.94 $ - $ - $ - $ 0% 141,651.75 $ 118,403.94 $ (23,247.81) $ -16% Total Special Funds Revenue 4,573,876.89 4,077,560.48 35,983,170.56 1,388,285.34 780,049.07 7,485,521.07 1,035,614.84 1,003,849.94 10,874,736.76 6,997,777.07 5,861,459.49 (1,136,317.58) $ -16% 70,049,282.20 54,343,428.39 15,705,853.81 -22% TOTAL MONTHLY REVENUE COLLECTIONS 33,842,488.49 $ 31,533,727.04 $ 538,532,836.85 $ 3,084,743.71 $ 2,076,330.56 $ 28,649,456.47 $ 12,953,461.84 $ 10,999,956.38 $ 190,810,970.39 $ 49,880,694.04 $ 44,610,013.98 $ (5,270,680.06) $ -11% 844,270,697.54 $ 757,993,263.71 $ (86,277,433.83) $ -10% Total of All Islands Class of Tax Total General Fund Revenue St. Thomas St. John St. Croix