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BUREAU OF INTERNAL REVENUE FISCAL YEAR 2024 DECEMBER 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 2023 & FY 2024 % FY 2023 FY 2024 FY 2023 & FY 2024 % Dec-23 Dec-24 Dec-24 Dec-23 Dec-24 Dec-24 Dec-23 Dec-24 Dec-24 Dec-23 Dec-24 Difference INC/DEC Dec-23 Dec-24 Difference INC/DEC Individual Income 1,483,860.79 $ 1,945,642.83 $ 21,569,349.62 $ 26,931.89 $ 51,724.83 $ 502,858.68 $ 598,481.81 $ 2,022,303.44 $ 6,798,497.08 $ 2,109,274.49 $ 4,019,671.10 $ 1,910,396.61 $ 91% 27,833,985.98 $ 28,870,705.38 $ 1,036,719.40 $ 4% Estimated Tax 1,950,134.64 $ 3,805,115.50 $ 5,662,386.50 $ 62,364.00 $ 77,258.00 $ 184,094.00 $ 1,634,305.00 $ 506,743.00 $ 1,166,944.14 $ 3,646,803.64 $ 4,389,116.50 $ 742,312.86 $ 20% 8,124,123.84 $ 7,013,424.64 $ (1,110,699.20) $ -14% Withholding Tax 23,604,356.03 $ 11,153,953.31 $ 45,872,126.54 $ 392,809.49 $ 347,494.44 $ 864,403.68 $ 5,035,336.99 $ 4,585,163.15 $ 13,321,341.42 $ 29,032,502.51 $ 16,086,610.90 $ (12,945,891.61) $ -45% 54,165,406.38 $ 60,057,871.64 $ 5,892,465.26 $ 11% Individual Extension - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Military (Riemb) - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Individual Income Tax Sub-Total 27,038,351.46 16,904,711.64 73,103,862.66 482,105.38 476,477.27 1,551,356.36 7,268,123.80 7,114,209.59 21,286,782.64 34,788,580.64 24,495,398.50 (10,293,182.14) $ -30% 90,123,516.20 95,942,001.66 5,818,485.46 6% Corporate Income 474,090.00 $ 147,863.21 $ 3,351,077.74 $ - $ - $ 20,381.00 $ 48,721.96 $ 77,129.34 $ 713,611.65 $ 522,811.96 $ 224,992.55 $ (297,819.41) $ -57% 4,826,924.97 $ 4,085,070.39 $ (741,854.58) $ -15% Corporate Estimated 3,530,592.00 $ 2,081,341.63 $ 2,992,493.63 $ 14,119.00 $ 20,455.00 $ 50,820.00 $ 3,429,502.00 $ 5,130,411.00 $ 5,220,127.00 $ 6,974,213.00 $ 7,232,207.63 $ 257,994.63 $ 4% 7,057,309.00 $ 8,263,440.63 $ 1,206,131.63 $ 17% Corporate Extension 25.00 $ 151,986.00 $ 402,011.00 $ - $ - $ - $ - $ 2,000.00 $ 2,000.00 $ 25.00 $ 153,986.00 $ 153,961.00 $ 0% 507,290.00 $ 404,011.00 $ (103,279.00) $ -20% Corporate Income Tax Sub-Total 4,004,707.00 2,381,190.84 6,745,582.37 14,119.00 20,455.00 71,201.00 3,478,223.96 5,209,540.34 5,935,738.65 7,497,049.96 7,611,186.18 114,136.22 $ 2% 12,391,523.97 12,752,522.02 360,998.05 3% Total Income Taxes 31,043,058.46 19,285,902.48 79,849,445.03 496,224.38 496,932.27 1,622,557.36 10,746,347.76 12,323,749.93 27,222,521.29 42,285,630.60 32,106,584.68 (10,179,045.92) $ -24% 102,515,040.17 108,694,523.68 6,179,483.51 6% Gross Receipts Tax* 11,342,048.81 $ 11,725,247.76 $ 32,776,518.03 $ 930,576.51 $ 689,817.77 $ 1,837,020.51 $ 5,035,867.69 $ 3,857,054.20 $ 10,889,468.20 $ 17,308,493.01 $ 16,272,119.73 $ (1,036,373.28) $ -6% 47,228,840.43 $ 45,503,006.74 $ (1,725,833.69) $ -4% Excise Tax 3,346,824.69 $ 2,726,102.37 $ 8,080,423.10 $ 10.00 $ 33.00 $ 121.00 $ 289,357.06 $ 281,895.19 $ 1,050,922.43 $ 3,636,191.75 $ 3,008,030.56 $ (628,161.19) $ -17% 9,599,645.41 $ 9,131,466.53 $ (468,178.88) $ -5% Entertainment Tax - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Franchise Fee - $ - $ 165,570.30 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% 165,252.70 $ 165,570.30 $ 317.60 $ 0% Miscellaneous, Photo Copy, Etc. 1,849.00 $ 1,138.00 $ 4,595.00 $ - $ - $ - $ 1,097.00 $ 418.00 $ 3,560.00 $ 2,946.00 $ 1,556.00 $ (1,390.00) $ -47% 9,644.00 $ 8,155.00 $ (1,489.00) $ -15% Environmental Infrastructure Impact Fee 85% 506,642.53 $ 460,657.50 $ 752,972.50 $ - $ - $ - $ - $ 786.25 $ 1,296.25 $ 506,642.53 $ 461,443.75 $ (45,198.78) $ -9% 908,161.28 $ 754,268.75 $ (153,892.53) $ -17% Total Other General Fund Taxes 15,197,365.03 14,913,145.63 41,780,078.93 930,586.51 689,850.77 1,837,141.51 5,326,321.75 4,140,153.64 11,945,246.88 21,454,273.29 19,743,150.04 (1,711,123.25) $ -8% 57,911,543.82 55,562,467.32 2,349,076.50 -4% 46,240,423.49 34,199,048.11 121,629,523.96 1,426,810.89 1,186,783.04 3,459,698.87 16,072,669.51 16,463,903.57 39,167,768.17 63,739,903.89 51,849,734.72 (11,890,169.17) $ -19% 160,426,583.99 164,256,991.00 3,830,407.01 2% Special Funds Fuel Tax (Transportation Fund/WAPA Instructure)*** 177,449.30 $ 374,830.01 $ 819,048.63 $ - $ - $ - $ 208,065.20 $ 200,057.34 $ 379,211.12 $ 385,514.50 $ 574,887.35 $ 189,372.85 $ 49% 876,214.78 $ 1,198,259.75 $ 322,044.97 $ 37% Highway Users' Tax (Transportation Fund) 234,155.08 $ 249,188.80 $ 710,855.00 $ 21,297.28 $ 7,169.76 $ 25,900.00 $ 154,786.56 $ 172,824.48 $ 459,491.52 $ 410,238.92 $ 429,183.04 $ 18,944.12 $ 5% 1,016,215.04 $ 1,196,246.52 $ 180,031.48 $ 18% Hotel Room Tax 1,994,241.05 $ 1,544,240.89 $ 3,895,448.98 $ 460,328.83 $ 127,583.71 $ 263,499.49 $ 295,934.76 $ 179,311.74 $ 625,887.60 $ 2,750,504.64 $ 1,851,136.34 $ (899,368.30) $ -33% 5,886,017.81 $ 4,784,836.07 $ (1,101,181.74) $ -19% Non-Hotel Room Tax 689,876.84 $ 1,300,288.82 $ 248,667.03 $ 433,718.70 $ 28,928.23 $ 110,531.60 $ - $ 967,472.10 $ 967,472.10 $ #DIV/0! - $ 1,844,539.13 $ 1,844,539.13 $ #DIV/0! Environmental Infrastructure Impact Fee 15% 89,407.51 $ 81,292.50 $ 132,877.50 $ - $ - $ - $ - $ 138.75 $ 228.75 $ 89,407.51 $ 81,431.25 $ (7,976.26) $ -9% 160,263.76 $ 133,106.25 $ (27,157.51) $ -17% Gross Casino (Casino Revenue Fund) - $ - $ - $ - $ - $ - $ 168,364.59 $ 162,199.03 $ 515,101.32 $ 168,364.59 $ 162,199.03 $ (6,165.56) $ -4% 529,342.47 $ 515,101.32 $ (14,241.15) $ -3% Racino - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Lonesome Dove Fund 700,000.00 $ - $ 100,000.00 $ - $ - $ - $ - $ - $ - $ 700,000.00 $ - $ (700,000.00) $ 0% 1,225,000.00 $ 100,000.00 $ (1,125,000.00) $ 0% Arbitration Deposit - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Production Tax - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% - $ - $ - $ 0% Vehicle Rental Surcharge (VI Education Initiative Fund) 79,880.72 $ 98,004.74 $ 248,906.38 $ 30,742.50 $ 25,261.88 $ 59,436.69 $ 70,496.25 $ 48,487.50 $ 143,638.31 $ 181,119.47 $ 171,754.12 $ (9,365.35) $ -5% 422,758.33 $ 451,981.38 $ 29,223.05 $ 7% Investment Alternative Tax - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 0% 30,061.97 $ - $ (30,061.97) $ 0% Total Special Funds Revenue 3,275,133.66 3,037,433.78 7,207,425.31 512,368.61 408,682.38 782,554.88 897,647.36 791,947.07 2,234,090.22 4,685,149.63 4,238,063.23 (447,086.40) $ -10% 10,145,874.16 10,224,070.42 78,196.26 1% TOTAL MONTHLY REVENUE COLLECTIONS 49,515,557.15 $ 37,236,481.89 $ 128,836,949.27 $ 1,939,179.50 $ 1,595,465.42 $ 4,242,253.75 $ 16,970,316.87 $ 17,255,850.64 $ 41,401,858.39 $ 68,425,053.52 $ 56,087,797.95 $ (12,337,255.57) $ -18% 170,572,458.15 $ 174,481,061.42 $ 3,908,603.27 $ 2% Total of All Islands Class of Tax Total General Fund Revenue St. Thomas St. John St. Croix