VI Update

USVI Public Records

A VI Update Project · Brian LoudenThe territory’s public record — kept public.

December 2018

Collection
Government Financials
Sub-shelf
BIR Tax Collection Reports
Kind
Financial Report
Date
2018
Topics
Public Finance
Pages
12
Text
Native Text

V.I. Bureau of Internal Revenue Month to Month Collections Report Month October 10/31/2017 - FY'2014-FY2018 TAX CATEGORIES OCT FY 2014 (10/1/13 - 10/31/13) OCT FY 2015 (10/1/14 - 10/31/14) OCT FY 2016 (10/1/15 - 10/31/15) OCT FY 2017 (10/1/16 - 10/31/16) OCT FY 2018 (10/1/17 - 10/31/17) FY 16 & 18 % INC -OCT FY 16 & 18 % INC -OCT DIFF FY 17 & FY 18 OCT FY 17 & 18 % INC -OCT FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL INCOME Individual - Income 7,471,906.87 $ 16,957,231.22 $ 7,014,461.14 $ 8,522,625.20 $ 1,502,353.59 $ (5,512,107.55) $ -79% (7,020,271.61) $ -82% 44,320,691.19 $ 60,212,247.15 $ 57,184,422.30 $ 44,437,145.38 $ Estimated Tax 1,408,476.00 $ 900,096.45 $ 2,895,926.40 $ 1,690,329.54 $ 2,016,756.50 $ (879,169.90) $ -30% 326,426.96 $ 19% 53,954,898.55 $ 61,275,717.34 $ 60,463,578.41 $ 58,892,756.06 $ Withholding Tax 12,602,190.63 $ 21,419,417.47 $ 16,008,137.74 $ 13,320,776.22 $ 20,640,735.40 $ 4,632,597.66 $ 29% 7,319,959.18 $ 55% 187,360,501.30 $ 195,877,453.51 $ 197,739,254.16 $ 185,722,691.36 $ Extension 29,827,050.13 $ 35,610,050.70 $ 35,864,802.93 $ 32,5 …

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V.I. Bureau of Internal Revenue Month to Month Collections Report Month October 10/31/2017 - FY'2014-FY2018 TAX CATEGORIES OCT FY 2014 (10/1/13 - 10/31/13) OCT FY 2015 (10/1/14 - 10/31/14) OCT FY 2016 (10/1/15 - 10/31/15) OCT FY 2017 (10/1/16 - 10/31/16) OCT FY 2018 (10/1/17 - 10/31/17) FY 16 & 18 % INC -OCT FY 16 & 18 % INC -OCT DIFF FY 17 & FY 18 OCT FY 17 & 18 % INC -OCT FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL INCOME Individual - Income 7,471,906.87 $ 16,957,231.22 $ 7,014,461.14 $ 8,522,625.20 $ 1,502,353.59 $ (5,512,107.55) $ -79% (7,020,271.61) $ -82% 44,320,691.19 $ 60,212,247.15 $ 57,184,422.30 $ 44,437,145.38 $ Estimated Tax 1,408,476.00 $ 900,096.45 $ 2,895,926.40 $ 1,690,329.54 $ 2,016,756.50 $ (879,169.90) $ -30% 326,426.96 $ 19% 53,954,898.55 $ 61,275,717.34 $ 60,463,578.41 $ 58,892,756.06 $ Withholding Tax 12,602,190.63 $ 21,419,417.47 $ 16,008,137.74 $ 13,320,776.22 $ 20,640,735.40 $ 4,632,597.66 $ 29% 7,319,959.18 $ 55% 187,360,501.30 $ 195,877,453.51 $ 197,739,254.16 $ 185,722,691.36 $ Extension 29,827,050.13 $ 35,610,050.70 $ 35,864,802.93 $ 32,599,013.93 $ Additional Child Tax Credit (Reimb.) - $ - $ - $ - $ Military (Reimb.) 1,451,857.00 $ - $ - $ - $ Making Work Pay Credit (Reimb.) - $ - $ USVI Cover Over 22,500,000.00 $ - $ 18,500,000.00 $ Sub-total Individual Income 21,482,573.50 $ 39,276,745.14 $ 25,918,525.28 $ 23,533,730.96 $ 24,159,845.49 $ (1,758,679.79) $ -7% 626,114.53 $ 3% 339,414,998.17 $ 352,975,468.70 $ 351,252,057.80 $ 340,151,606.73 $ CORPORATE Corporate - Income 1,079,128.90 $ 1,229,853.60 $ 613,245.86 $ 292,873.28 $ 749,314.80 $ 136,068.94 $ 22% 456,441.52 $ 156% 17,491,752.78 $ 9,633,450.28 $ 12,277,491.05 $ 9,062,693.32 $ Estimated 439,010.00 $ 822,970.00 $ 955,631.00 $ 1,670,134.00 $ 2,094,317.04 $ 1,138,686.04 $ 119% 424,183.04 $ 25% 38,727,811.28 $ 42,885,024.76 $ 24,236,863.94 $ 24,266,681.66 $ Extension 5,000.00 $ 95,000.00 $ - $ 10,000.00 $ (85,000.00) $ -89% 10,000.00 $ 0% 22,895,009.75 $ 24,147,580.91 $ 13,183,528.58 $ 12,043,359.96 $ Sub-Total Corporate Income 1,518,138.90 $ 2,057,823.60 $ 1,663,876.86 $ 1,963,007.28 $ 2,853,631.84 $ 1,189,754.98 $ 72% 890,624.56 $ 45% 79,114,573.81 $ 76,666,055.95 $ 49,697,883.57 $ 45,372,734.94 $ Total Income 23,000,712.40 $ 41,334,568.74 $ 27,582,402.14 $ 25,496,738.24 $ 27,013,477.33 $ (568,924.81) $ -2% 1,516,739.09 $ 6% 418,529,571.98 $ 429,641,524.65 $ 400,949,941.37 $ 385,524,341.67 $ GROSS RECEIPTS 11,012,712.60 $ 11,533,050.70 $ 9,210,951.73 $ 9,991,569.70 $ 11,715,323.72 $ 2,504,371.99 $ 27% 1,723,754.02 $ 17% 157,340,692.50 $ 161,129,120.36 $ 160,585,193.36 $ 163,105,269.44 $ EXCISE 2,068,376.66 $ 2,140,560.22 $ 1,961,473.24 $ 2,026,272.93 $ 2,066,052.27 $ 104,579.03 $ 5% 39,779.34 $ 2% 23,364,053.35 $ 23,044,374.39 $ 24,175,322.15 $ 25,623,647.96 $ ENTERTAINMENT - $ - $ - $ - $ 1,825.16 $ 1,825.16 $ 0% 1,825.16 $ 0% 12,237.57 $ 14,466.63 $ 1,030.00 $ 4,544.50 $ MISCELLANEOUS 6,757.50 $ 4,635.46 $ 4,485.00 $ 5,768.50 $ - $ (4,485.00) $ -100% (5,768.50) $ -100% 53,520.00 $ 54,660.06 $ 59,832.75 $ 77,627.26 $ FRANCHISE 272,929.24 $ - $ - $ - $ - $ - $ - $ 0% 1,096,400.77 $ 1,095,043.29 $ 1,070,527.08 $ 1,037,557.90 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 85% - $ - $ - $ - $ 270,259.57 $ 270,259.57 $ 0% 270,259.57 $ 0% 1,058,122.50 $ Total Other Taxes 13,360,776.00 $ 13,678,246.38 $ 11,176,909.97 $ 12,023,611.13 $ 14,053,460.72 $ 2,876,550.75 $ 26% 2,029,849.59 $ 17% 181,866,904.19 $ 185,337,664.73 $ 185,891,905.34 $ 190,906,769.56 $ Total General Fund 36,361,488.40 $ 55,012,815.12 $ 38,759,312.11 $ 37,520,349.37 $ 41,066,938.05 $ 2,307,625.94 $ 6% 3,546,588.68 $ 9% 600,396,476.17 $ 614,979,189.38 $ 586,841,846.71 $ 576,431,111.23 $ ARBITRATION DEPOSIT 125,000.00 $ - $ - $ - $ - $ - $ 0% - $ 0% 1,040,000.00 $ 1,775,000.00 $ 530,000.00 $ 365,000.00 $ LOANSOME DOVE FUND - $ - $ - $ - $ - $ - $ 0% 0% 260,000.00 $ PRODUCTION - $ - $ - $ - $ - $ 0% - $ 0% - $ - $ - $ - $ FUEL 256,220.16 $ 350,740.74 $ 312,284.14 $ 138,307.44 $ 528,439.67 $ 216,155.53 $ 69% 390,132.23 $ 282% 4,358,184.01 $ 5,264,378.37 $ 3,630,925.95 $ 4,285,384.68 $ HIGHWAY USER'S 260,977.60 $ 228,497.48 $ 262,535.04 $ 220,498.28 $ 202,853.44 $ (59,681.60) $ -23% (17,644.84) $ -8% 2,838,568.74 $ 3,058,282.15 $ 3,326,797.97 $ 3,614,868.23 $ HOTEL 578,370.46 $ 625,588.44 $ 704,359.92 $ 769,484.40 $ 994,738.35 $ 290,378.43 $ 41% 225,253.95 $ 29% 22,141,669.91 $ 24,619,877.41 $ 28,639,105.26 $ 29,513,822.00 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 15% 47,692.87 $ 47,692.87 $ 47,692.87 $ 0% 186,727.50 $ RACINO 56,950.54 $ 57,623.39 $ 32,377.61 $ - $ - $ (32,377.61) $ -100% - $ 0% 603,601.81 $ 570,864.96 $ 356,204.78 $ - $ GROSS CASINO 138,156.71 $ 101,171.65 $ 145,042.09 $ 137,133.68 $ 20,537.66 $ (124,504.43) $ -86% (116,596.02) $ -85% 1,368,824.06 $ 1,365,756.16 $ 1,429,528.19 $ 1,232,578.91 $ INVESTMENT ALTERNATIVE 35,832.51 $ 32,661.48 $ 33,404.92 $ 32,832.42 $ - $ (33,404.92) $ -100% (32,832.42) $ -100% 139,071.78 $ 141,893.05 $ 134,149.89 $ 130,022.10 $ VEHICLE RENTAL 151,014.66 $ 116,459.75 $ 119,531.26 $ 87,555.91 $ 150,262.00 $ 30,730.74 $ 26% 62,706.09 $ 72% 2,281,790.55 $ 2,341,616.15 $ 2,588,063.72 $ 2,610,566.16 $ Total Special Fund 1,602,522.64 $ 1,512,742.93 $ 1,609,534.98 $ 1,385,812.13 $ 1,944,523.99 $ 334,989.01 $ 21% 558,711.86 $ 40% 34,771,710.86 $ 39,137,668.25 $ 40,634,775.76 $ 42,198,969.58 $ TOTAL 37,964,011.04 $ 56,525,558.05 $ 40,368,847.09 $ 38,906,161.50 $ 43,011,462.04 $ 2,642,614.95 $ 7% 4,105,300.54 $ 11% 635,168,187.03 $ 654,116,857.63 $ 627,476,622.47 $ 618,630,080.81 $ V.I. Bureau of Internal Revenue Month to Date Collections Report Month Ended 11/30/2017 TAX CATEGORIES NOV FY 2014 (11/1/13 - 11/30/13) NOV FY 2015 (11/1/14 - 11/30/14) NOV FY 2016 (11/1/15 - 11/30/15) NOV FY 2017 (11/1/16 - 11/30/16) NOV FY 2018 (11/1/17 - 11/30/17) FY 16 & 18 % INC -NOV FY 16 & 18 % INC -NOV DIFF FY 17 & FY 18 NOV FY 17 & 18 % INC -NOV FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL INCOME Individual - Income 1,516,549.39 $ 1,014,536.21 $ 929,510.72 $ 1,223,002.53 $ 4,040,263.06 $ 3,110,752.34 $ 335% 2,817,260.53 $ 230% 44,320,691.19 $ 60,212,247.15 $ 57,184,422.30 $ 44,437,145.38 $ Estimated Tax 804,458.00 $ 1,049,554.00 $ 768,650.40 $ 1,611,065.29 $ 1,008,040.00 $ 239,389.60 $ 31% (603,025.29) $ -37% 53,954,898.55 $ 61,275,717.34 $ 60,463,578.41 $ 58,892,756.06 $ Withholding Tax 14,544,703.83 $ 10,977,689.41 $ 13,925,934.18 $ 16,751,796.76 $ 17,642,900.89 $ 3,716,966.71 $ 27% 891,104.13 $ 5% 187,360,501.30 $ 195,877,453.51 $ 197,739,254.16 $ 185,722,691.36 $ Extension - $ 29,827,050.13 $ 35,610,050.70 $ 35,864,802.93 $ 32,599,013.93 $ Additional Child Tax Credit (Reimb.) - $ Military (Reimb.) 1,451,857.00 $ - $ Making Work Pay Credit (Reimb.) - $ USVI Cover Over 22,500,000.00 $ 18,500,000.00 $ Sub-total Individual Income 16,865,711.22 $ 13,041,779.62 $ 15,624,095.30 $ 19,585,864.58 $ 22,691,203.95 $ 7,067,108.65 $ 45% 3,105,339.37 $ 16% 339,414,998.17 $ 352,975,468.70 $ 351,252,057.80 $ 340,151,606.73 $ CORPORATE Corporate - Income 233,521.97 $ 658,769.51 $ 194,532.77 $ 815,278.75 $ 258,937.91 $ 64,405.14 $ 33% (556,340.84) $ -68% 17,491,752.78 $ 9,633,450.28 $ 12,277,491.05 $ 9,062,693.32 $ Estimated 26,400.00 $ 107,250.00 $ 157,997.38 $ 256,065.00 $ 1,327,250.00 $ 1,169,252.62 $ 740% 1,071,185.00 $ 418% 38,727,811.28 $ 42,885,024.76 $ 24,236,863.94 $ 24,266,681.66 $ Extension 42,200.00 $ 65,125.00 $ - $ 109,443.96 $ - $ - $ 0% (109,443.96) $ -100% 22,895,009.75 $ 24,147,580.91 $ 13,183,528.58 $ 12,043,359.96 $ Sub-Total Corporate Income 302,121.97 $ 831,144.51 $ 352,530.15 $ 1,180,787.71 $ 1,586,187.91 $ 1,233,657.76 $ 350% 405,400.20 $ 34% 79,114,573.81 $ 76,666,055.95 $ 49,697,883.57 $ 45,372,734.94 $ Total Income 17,167,833.19 $ 13,872,924.13 $ 15,976,625.45 $ 20,766,652.29 $ 24,277,391.86 $ 8,300,766.41 $ 52% 3,510,739.57 $ 17% 418,529,571.98 $ 429,641,524.65 $ 400,949,941.37 $ 385,524,341.67 $ GROSS RECEIPTS 10,491,171.21 $ 9,600,609.06 $ 11,742,164.59 $ 12,622,596.86 $ 8,581,403.58 $ (3,160,761.01) $ -27% (4,041,193.28) $ -32% 157,340,692.50 $ 161,129,120.36 $ 160,585,193.36 $ 163,105,269.44 $ EXCISE 1,681,018.50 $ 1,907,311.10 $ 2,040,319.27 $ 2,375,838.74 $ 2,253,587.90 $ 213,268.63 $ 10% (122,250.84) $ -5% 23,364,053.35 $ 23,044,374.39 $ 24,175,322.15 $ 25,623,647.96 $ ENTERTAINMENT 1,980.50 $ - $ - $ - $ - $ - $ 0% - $ 0% 12,237.57 $ 14,466.63 $ 1,030.00 $ 4,544.50 $ MISCELLANEOUS 2,959.50 $ 2,685.00 $ 4,732.00 $ 4,150.50 $ 2,702.00 $ (2,030.00) $ -43% (1,448.50) $ -35% 53,520.00 $ 54,660.06 $ 59,832.75 $ 77,627.26 $ FRANCHISE 270,880.82 $ 275,098.32 $ 268,553.03 $ - $ (275,098.32) $ -100% (268,553.03) $ -100% 1,096,400.77 $ 1,095,043.29 $ 1,070,527.08 $ 1,037,557.90 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 85% - $ - $ - $ 5,608.15 $ 5,608.15 $ 0% 5,608.15 $ 0% 1,058,122.50 $ Total Other Taxes 12,177,129.71 $ 11,781,485.98 $ 14,062,314.18 $ 15,271,139.13 $ 10,843,301.63 $ (3,219,012.55) $ -23% (4,427,837.50) $ -29% 181,866,904.19 $ 185,337,664.73 $ 185,891,905.34 $ 190,906,769.56 $ Total General Fund 29,344,962.90 $ 25,654,410.11 $ 30,038,939.63 $ 36,037,791.42 $ 35,120,693.49 $ 5,081,753.86 $ 17% (917,097.93) $ -3% 600,396,476.17 $ 614,979,189.38 $ 586,841,846.71 $ 576,431,111.23 $ ARBITRATION DEPOSIT - $ 100,000.00 $ 100,000.00 $ 160,000.00 $ - $ (100,000.00) $ -100% (160,000.00) $ -100% 1,040,000.00 $ 1,775,000.00 $ 530,000.00 $ 365,000.00 $ LOANSOME DOVE FUND - $ - $ - $ - $ 0% - $ 0% - $ - $ - $ 260,000.00 $ PRODUCTION - $ - $ - $ - $ - $ - $ 0% - $ 0% - $ - $ - $ - $ FUEL 447,495.12 $ 290,271.70 $ 351,546.44 $ 305,437.27 $ 139,638.66 $ (211,907.78) $ -60% (165,798.61) $ -54% 4,358,184.01 $ 5,264,378.37 $ 3,630,925.95 $ 4,285,384.68 $ HIGHWAY USER'S 369,897.26 $ 341,147.26 $ 417,826.67 $ 449,246.11 $ 370,885.64 $ (46,941.03) $ -11% (78,360.47) $ -17% 2,838,568.74 $ 3,058,282.15 $ 3,326,797.97 $ 3,614,868.23 $ HOTEL 601,268.66 $ 718,267.44 $ 769,452.11 $ 1,251,661.82 $ 261,497.61 $ (507,954.50) $ -66% (990,164.21) $ -79% 22,141,669.91 $ 24,619,877.41 $ 28,639,105.26 $ 29,513,822.00 $ RACINO 26,376.42 $ 53,428.90 $ 78,741.90 $ - $ - $ (78,741.90) $ -100% - $ 0% 603,601.81 $ 570,864.96 $ 356,204.78 $ - $ GROSS CASINO 105,301.58 $ 92,148.70 $ 98,230.15 $ 125,144.12 $ 70,243.20 $ (27,986.95) $ -28% (54,900.92) $ -44% 1,368,824.06 $ 1,365,756.16 $ 1,429,528.19 $ 1,232,578.91 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 15% 989.67 $ 989.67 $ 0% 989.67 $ 0% 186,727.50 $ INVESTMENT ALTERNATIVE - $ - $ - $ - $ 0% - $ 0% 139,071.78 $ 141,893.05 $ 134,149.89 $ 130,022.10 $ VEHICLE RENTAL 91,225.84 $ 106,028.93 $ 86,725.75 $ 174,476.03 $ 105,460.12 $ 18,734.37 $ 22% (69,015.91) $ -40% 2,281,790.55 $ 2,341,616.15 $ 2,588,063.72 $ 2,610,566.16 $ Total Special Fund 1,641,564.88 $ 1,701,292.93 $ 1,902,523.02 $ 2,465,965.35 $ 948,714.90 $ (953,808.12) $ -50% (1,517,250.45) $ -62% 34,771,710.86 $ 39,137,668.25 $ 40,634,775.76 $ 42,198,969.58 $ TOTAL 30,986,527.78 $ 27,355,703.04 $ 31,941,462.65 $ 38,503,756.77 $ 36,069,408.39 $ 4,127,945.74 $ 13% (2,434,348.38) $ -6% 635,168,187.03 $ 654,116,857.63 $ 627,476,622.47 $ 618,630,080.81 $ V.I. Bureau of Internal Revenue Month to Date Collections Report Month Ended 12/31/2017 TAX CATEGORIES DEC FY 2014 (12/1/13 - 12/31/13) DEC FY 2015 (12/1/14- 12/31/14) DEC FY 2016 (12/1/15 - 12/31/15) DEC FY 2017 (12/1/16 - 12/31/16) DEC FY 2018 (12/1/17 - 12/31/17) FY 16 & 18 INC -DEC FY 16 & 18 % INC -DEC DIFF FY 17 & FY 18 DEC FY 17 & 18 % INC -DEC FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL INCOME Individual - Income 1,126,235.61 $ 1,018,154.62 $ 1,158,833.28 $ 1,212,247.00 $ 1,453,920.14 $ 295,086.86 $ 25% 241,673.14 $ 20% 44,320,691.19 $ 60,212,247.15 $ 57,184,422.30 $ 44,437,145.38 $ Estimated Tax 1,110,252.00 $ 1,663,123.00 $ 605,451.00 $ 3,363,424.00 $ 3,376,898.67 $ 2,771,447.67 $ 458% 13,474.67 $ 0% 53,954,898.55 $ 61,275,717.34 $ 60,463,578.41 $ 58,892,756.06 $ Withholding Tax 18,830,076.24 $ 17,834,091.98 $ 15,277,525.80 $ 15,617,731.18 $ 16,441,687.44 $ 1,164,161.64 $ 8% 823,956.26 $ 5% 187,360,501.30 $ 195,877,453.51 $ 197,739,254.16 $ 185,722,691.36 $ Extension - $ 2,044.00 $ - $ - $ 0% (2,044.00) $ -100% 29,827,050.13 $ 35,610,050.70 $ 35,864,802.93 $ 32,599,013.93 $ Additional Child Tax Credit (Reimb.) 0% - $ 0% - $ Military (Reimb.) 0% - $ 0% 1,451,857.00 $ - $ Making Work Pay Credit (Reimb.) 0% - $ 0% - $ USVI Cover Over 0% - $ 0% 22,500,000.00 $ 18,500,000.00 $ Sub-total Individual Income 21,066,563.85 $ 20,515,369.60 $ 17,041,810.08 $ 20,195,446.18 $ 21,272,506.25 $ 4,230,696.17 $ 25% 1,077,060.07 $ 5% 339,414,998.17 $ 352,975,468.70 $ 351,252,057.80 $ 340,151,606.73 $ CORPORATE Corporate - Income 1,648,106.76 $ 508,556.89 $ 587,370.25 $ 409,133.45 $ 557,400.91 $ (29,969.34) $ -5% 148,267.46 $ 36% 17,491,752.78 $ 9,633,450.28 $ 12,277,491.05 $ 9,062,693.32 $ Estimated 4,519,184.00 $ 11,561,641.00 $ 6,060,536.00 $ 6,702,862.25 $ 6,792,353.13 $ 731,817.13 $ 12% 89,490.88 $ 1% 38,727,811.28 $ 42,885,024.76 $ 24,236,863.94 $ 24,266,681.66 $ Extension 797,067.25 $ 108,511.00 $ 155,372.00 $ 126,050.00 $ 415,000.00 $ 259,628.00 $ 167% 288,950.00 $ 229% 22,895,009.75 $ 24,147,580.91 $ 13,183,528.58 $ 12,043,359.96 $ Sub-Total Corporate Income 6,964,358.01 $ 12,178,708.89 $ 6,803,278.25 $ 7,238,045.70 $ 7,764,754.04 $ 961,475.79 $ 14% 526,708.34 $ 7% 79,114,573.81 $ 76,666,055.95 $ 49,697,883.57 $ 45,372,734.94 $ Total Income 28,030,921.86 $ 32,694,078.49 $ 23,845,088.33 $ 27,433,491.88 $ 29,037,260.29 $ 5,192,171.96 $ 22% 1,603,768.41 $ 6% 418,529,571.98 $ 429,641,524.65 $ 400,949,941.37 $ 385,524,341.67 $ GROSS RECEIPTS 12,241,192.48 $ 14,390,369.14 $ 14,101,231.95 $ 18,204,366.16 $ 11,300,268.69 $ (2,800,963.26) $ -20% (6,904,097.47) $ -38% 157,340,692.50 $ 161,129,120.36 $ 160,585,193.36 $ 163,105,269.44 $ EXCISE 1,906,770.06 $ 2,169,397.76 $ 2,247,959.19 $ 2,296,412.22 $ 3,738,048.29 $ 1,490,089.10 $ 66% 1,441,636.07 $ 63% 23,364,053.35 $ 23,044,374.39 $ 24,175,322.15 $ 25,623,647.96 $ ENTERTAINMENT - $ 1,680.00 $ - $ - $ - $ - $ 0% - $ 0% 12,237.57 $ 14,466.63 $ 1,030.00 $ 4,544.50 $ MISCELLANEOUS 4,335.00 $ 3,508.00 $ 4,828.36 $ 3,447.50 $ 6,298.00 $ 1,469.64 $ 30% 2,850.50 $ 83% 53,520.00 $ 54,660.06 $ 59,832.75 $ 77,627.26 $ FRANCHISE - $ 194,157.20 $ 194,157.20 $ 0% 194,157.20 $ 0% 1,096,400.77 $ 1,095,043.29 $ 1,070,527.08 $ 1,037,557.90 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 85% - $ - $ 0% - $ 0% 1,058,122.50 $ Total Other Taxes 14,152,297.54 $ 16,564,954.90 $ 16,354,019.50 $ 20,504,225.88 $ 15,238,772.18 $ (1,115,247.32) $ -7% (5,265,453.70) $ -26% 181,866,904.19 $ 185,337,664.73 $ 185,891,905.34 $ 190,906,769.56 $ Total General Fund 42,183,219.40 $ 49,259,033.39 $ 40,199,107.83 $ 47,937,717.76 $ 44,276,032.47 $ 4,076,924.64 $ 10% (3,661,685.29) $ -8% 600,396,476.17 $ 614,979,189.38 $ 586,841,846.71 $ 576,431,111.23 $ ARBITRATION DEPOSIT 100,000.00 $ 100,000.00 $ 100,000.00 $ - $ - $ (100,000.00) $ -100% - $ 0% 1,040,000.00 $ 1,775,000.00 $ 530,000.00 $ 365,000.00 $ LOANSOME DOVE FUND - $ - $ - $ - $ 230,000.00 $ 230,000.00 $ 0% 230,000.00 $ 0% 260,000.00 $ PRODUCTION - $ - $ - $ - $ - $ - $ 0% - $ 0% - $ - $ - $ - $ FUEL 368,547.77 $ 287,928.55 $ 369,333.43 $ 307,722.10 $ 576,888.80 $ 207,555.37 $ 56% 269,166.70 $ 87% 4,358,184.01 $ 5,264,378.37 $ 3,630,925.95 $ 4,285,384.68 $ HIGHWAY USER'S 319,753.34 $ 563,459.26 $ 405,376.04 $ 472,383.20 $ 437,904.32 $ 32,528.28 $ 8% (34,478.88) $ -7% 2,838,568.74 $ 3,058,282.15 $ 3,326,797.97 $ 3,614,868.23 $ HOTEL 1,432,966.04 $ 1,164,830.88 $ 1,364,836.65 $ 1,899,157.01 $ 1,439,506.71 $ 74,670.06 $ 5% (459,650.30) $ -24% 22,141,669.91 $ 24,619,877.41 $ 28,639,105.26 $ 29,513,822.00 $ RACINO 80,984.80 $ 46,661.35 $ 42,148.30 $ - $ - $ (42,148.30) $ -100% - $ 0% 603,601.81 $ 570,864.96 $ 356,204.78 $ GROSS CASINO 124,819.52 $ 90,568.28 $ 93,363.08 $ 112,025.85 $ 74,235.25 $ (19,127.83) $ -20% (37,790.60) $ -34% 1,368,824.06 $ 1,365,756.16 $ 1,429,528.19 $ 1,232,578.91 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 15% - $ - $ - $ - $ - $ - $ 0% - $ 0% 186,727.50 $ INVESTMENT ALTERNATIVE - $ - $ - $ - $ 26,596.64 $ 26,596.64 $ 0% 26,596.64 $ 0% 139,071.78 $ 141,893.05 $ 134,149.89 $ 130,022.10 $ VEHICLE RENTAL 131,769.50 $ 148,610.60 $ 113,701.15 $ 139,049.60 $ 169,456.65 $ 55,755.50 $ 49% 30,407.05 $ 22% 2,281,790.55 $ 2,341,616.15 $ 2,588,063.72 $ 2,610,566.16 $ Total Special Fund 2,558,840.97 $ 2,402,058.92 $ 2,488,758.65 $ 2,930,337.76 $ 2,954,588.37 $ 465,829.72 $ 19% 24,250.61 $ 1% 34,771,710.86 $ 39,137,668.25 $ 40,634,775.76 $ 42,198,969.58 $ TOTAL 44,742,060.37 $ 51,661,092.31 $ 42,687,866.48 $ 50,868,055.52 $ 47,230,620.84 $ 4,542,754.36 $ 11% (3,637,434.68) $ -7% 635,168,187.03 $ 654,116,857.63 $ 627,476,622.47 $ 618,630,080.81 $ V.I. Bureau of Internal Revenue Month to Date Collections Report Month Ended 1/31/2018 TAX CATEGORIES JAN FY 2014 (1/1/14 - 1/31/14) JAN FY 2015 (1/1/15- 1/31/15) JAN FY 2016 (1/1/16 - 1/31/16) JAN FY 2017 (1/1/17 - 1/31/17) JAN FY 2018 (1/1/18 - 1/31/18) FY 16 & 18 INC -DEC FY 16 & 18 % INC -JAN DIFF FY 17 & FY 18 JAN FY 17 & 18 % INC -JAN FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL INCOME Individual - Income 1,008,977.01 $ 1,224,027.63 $ 1,148,035.23 $ 1,170,886.81 $ 4,518,937.27 $ 3,370,902.04 $ 294% 3,348,050.46 $ 286% 44,320,691.19 $ 60,212,247.15 $ 57,184,422.30 $ 44,437,145.38 $ Estimated Tax 14,354,153.23 $ 17,567,244.81 $ 18,008,999.12 $ 18,393,259.84 $ 12,964,385.70 $ (5,044,613.42) $ -28% (5,428,874.14) $ -30% 53,954,898.55 $ 61,275,717.34 $ 60,463,578.41 $ 58,892,756.06 $ Withholding Tax 18,721,508.60 $ 16,226,182.58 $ 16,097,941.06 $ 16,861,010.87 $ 21,525,683.38 $ 5,427,742.32 $ 34% 4,664,672.51 $ 28% 187,360,501.30 $ 195,877,453.51 $ 197,739,254.16 $ 185,722,691.36 $ Extension 34,725.00 $ - $ 9,000.00 $ 9,000.00 $ 0% 9,000.00 $ #DIV/0! 29,827,050.13 $ 35,610,050.70 $ 35,864,802.93 $ 32,599,013.93 $ Additional Child Tax Credit (Reimb.) 8,656,814.28 $ 8,656,814.28 $ 0% 8,656,814.28 $ 0% - $ Military (Reimb.) 0% - $ 0% 1,451,857.00 $ - $ Making Work Pay Credit (Reimb.) 0% - $ 0% - $ USVI Cover Over 0% - $ 0% 22,500,000.00 $ 18,500,000.00 $ Sub-total Individual Income 34,119,363.84 $ 35,017,455.02 $ 35,254,975.41 $ 36,425,157.52 $ 47,674,820.63 $ 12,419,845.22 $ 35% 11,249,663.11 $ 31% 339,414,998.17 $ 352,975,468.70 $ 351,252,057.80 $ 340,151,606.73 $ CORPORATE Corporate - Income 594,331.48 $ 387,824.79 $ 318,122.67 $ 175,622.22 $ 880,623.41 $ 562,500.74 $ 177% 705,001.19 $ 401% 17,491,752.78 $ 9,633,450.28 $ 12,277,491.05 $ 9,062,693.32 $ Estimated 2,396,660.50 $ 6,864,756.00 $ 1,241,474.00 $ 1,519,717.67 $ 1,303,712.00 $ 62,238.00 $ 5% (216,005.67) $ -14% 38,727,811.28 $ 42,885,024.76 $ 24,236,863.94 $ 24,266,681.66 $ Extension 496,200.00 $ 21,784.00 $ 14,347.00 $ 45,260.00 $ 140,380.00 $ 126,033.00 $ 878% 95,120.00 $ 210% 22,895,009.75 $ 24,147,580.91 $ 13,183,528.58 $ 12,043,359.96 $ Sub-Total Corporate Income 3,487,191.98 $ 7,274,364.79 $ 1,573,943.67 $ 1,740,599.89 $ 2,324,715.41 $ 750,771.74 $ 48% 584,115.52 $ 34% 79,114,573.81 $ 76,666,055.95 $ 49,697,883.57 $ 45,372,734.94 $ Total Income 37,606,555.82 $ 42,291,819.81 $ 36,828,919.08 $ 38,165,757.41 $ 49,999,536.04 $ 13,170,616.96 $ 36% 11,833,778.63 $ 31% 418,529,571.98 $ 429,641,524.65 $ 400,949,941.37 $ 385,524,341.67 $ GROSS RECEIPTS 16,807,027.95 $ 14,872,535.96 $ 13,452,828.86 $ 17,901,332.12 $ 13,773,044.41 $ 320,215.55 $ 2% (4,128,287.71) $ -23% 157,340,692.50 $ 161,129,120.36 $ 160,585,193.36 $ 163,105,269.44 $ EXCISE 2,137,483.34 $ 1,711,179.94 $ 2,067,960.45 $ 2,146,548.93 $ 3,362,421.66 $ 1,294,461.21 $ 63% 1,215,872.73 $ 57% 23,364,053.35 $ 23,044,374.39 $ 24,175,322.15 $ 25,623,647.96 $ ENTERTAINMENT 3,017.00 $ 2,918.25 $ 1,030.00 $ - $ - $ (1,030.00) $ 0% - $ 0% 12,237.57 $ 14,466.63 $ 1,030.00 $ 4,544.50 $ MISCELLANEOUS 4,110.50 $ 3,967.90 $ 6,122.00 $ 7,196.00 $ 4,859.00 $ (1,263.00) $ -21% (2,337.00) $ -32% 53,520.00 $ 54,660.06 $ 59,832.75 $ 77,627.26 $ FRANCHISE 272,166.53 $ - $ - $ - $ - $ - $ 0% - $ 0% 1,096,400.77 $ 1,095,043.29 $ 1,070,527.08 $ 1,037,557.90 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 85% 946.05 $ 946.05 $ 0% 946.05 $ 0% 1,058,122.50 $ Total Other Taxes 19,223,805.32 $ 16,590,602.05 $ 15,527,941.31 $ 20,055,077.05 $ 17,141,271.12 $ 1,613,329.81 $ 10% (2,914,751.98) $ -15% 181,866,904.19 $ 185,337,664.73 $ 185,891,905.34 $ 190,906,769.56 $ Total General Fund 56,830,361.14 $ 58,882,421.86 $ 52,356,860.39 $ 58,220,834.46 $ 67,140,807.16 $ 14,783,946.77 $ 28% 8,919,026.65 $ 15% 600,396,476.17 $ 614,979,189.38 $ 586,841,846.71 $ 576,431,111.23 $ ARBITRATION DEPOSIT 50,000.00 $ 150,000.00 $ - $ 80,000.00 $ - $ - $ #DIV/0! (80,000.00) $ 0% 1,040,000.00 $ 1,775,000.00 $ 530,000.00 $ 365,000.00 $ LOANSOME DOVE FUND - $ - $ - $ - $ - $ - $ 0% - $ 0% 260,000.00 $ PRODUCTION - $ - $ - $ - $ - $ - $ 0% - $ 0% - $ - $ - $ - $ FUEL 376,913.46 $ 633,166.24 $ 257,060.68 $ 476,604.38 $ 682,491.80 $ 425,431.12 $ 165% 205,887.42 $ 43% 4,358,184.01 $ 5,264,378.37 $ 3,630,925.95 $ 4,285,384.68 $ HIGHWAY USER'S 207,753.92 $ 245,144.43 $ 258,290.88 $ 320,390.72 $ 527,016.80 $ 268,725.92 $ 104% 206,626.08 $ 64% 2,838,568.74 $ 3,058,282.15 $ 3,326,797.97 $ 3,614,868.23 $ HOTEL 2,281,394.29 $ 2,334,241.30 $ 2,306,382.37 $ 2,805,641.40 $ 1,147,835.84 $ (1,158,546.53) $ -50% (1,657,805.56) $ -59% 22,141,669.91 $ 24,619,877.41 $ 28,639,105.26 $ 29,513,822.00 $ RACINO 43,134.69 $ 66,813.82 $ 44,904.15 $ - $ - $ (44,904.15) $ -100% - $ 0% 603,601.81 $ 570,864.96 $ 356,204.78 $ - $ GROSS CASINO 134,374.58 $ 174,758.78 $ 98,390.63 $ 104,957.74 $ 97,282.30 $ (1,108.33) $ -1% (7,675.44) $ -7% 1,368,824.06 $ 1,365,756.16 $ 1,429,528.19 $ 1,232,578.91 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 15% - $ - $ - $ - $ 166.95 $ 166.95 $ 0% 166.95 $ 0% 186,727.50 $ INVESTMENT ALTERNATIVE 35,735.43 $ 34,295.23 $ 33,192.63 $ 31,226.96 $ - $ (33,192.63) $ 0% (31,226.96) $ 0% 139,071.78 $ 141,893.05 $ 134,149.89 $ 130,022.10 $ VEHICLE RENTAL 229,835.54 $ 150,570.96 $ 132,114.41 $ 246,050.24 $ 198,161.04 $ 66,046.63 $ 50% (47,889.20) $ -19% 2,281,790.55 $ 2,341,616.15 $ 2,588,063.72 $ 2,610,566.16 $ Total Special Fund 3,359,141.91 $ 3,788,990.76 $ 3,130,335.75 $ 4,064,871.44 $ 2,652,954.73 $ (477,381.02) $ -15% (1,411,916.71) $ -35% 34,771,710.86 $ 39,137,668.25 $ 40,634,775.76 $ 42,198,969.58 $ TOTAL 60,189,503.05 $ 62,671,412.62 $ 55,487,196.14 $ 62,285,705.90 $ 69,793,761.89 $ 14,306,565.75 $ 26% 7,507,109.94 $ 12% 635,168,187.03 $ 654,116,857.63 $ 627,476,622.47 $ 618,630,080.81 $ V.I. Bureau of Internal Revenue Month to Date Collections Report Month Ended 2/28/2018 TAX CATEGORIES FEB FY 2014 (2/1/14 - 2/28/14) FEB FY 2015 (2/1/15- 2/28/15) FEB FY 2016 (2/1/16 - 2/28/16) FEB FY 2017 (2/1/17 - 2/28/17) FEB FY 2018 (2/1/18 - 2/28/18) FY 16 & 18 INC -DEC FY 16 & 18 % INC -FEB DIFF FY 17 & FY 18 FEB FY 17 & 18 % INC -FEB FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL INCOME Individual - Income 1,969,970.72 $ 1,623,236.28 $ 1,642,875.20 $ 1,939,805.48 $ 4,958,536.38 $ 3,315,661.18 $ 202% 3,018,730.90 $ 156% 44,320,691.19 $ 60,212,247.15 $ 57,184,422.30 $ 44,437,145.38 $ Estimated Tax 361,273.00 $ 740,152.00 $ 707,226.76 $ 3,467,890.62 $ 490,785.75 $ (216,441.01) $ -31% (2,977,104.87) $ -86% 53,954,898.55 $ 61,275,717.34 $ 60,463,578.41 $ 58,892,756.06 $ Withholding Tax 17,299,715.74 $ 13,143,620.42 $ 17,329,521.11 $ 16,244,562.65 $ 18,651,376.59 $ 1,321,855.48 $ 8% 2,406,813.94 $ 15% 187,360,501.30 $ 195,877,453.51 $ 197,739,254.16 $ 185,722,691.36 $ Extension 18,000.00 $ 100.00 $ - $ 49,132.00 $ 49,032.00 $ 0% 49,132.00 $ #DIV/0! 29,827,050.13 $ 35,610,050.70 $ 35,864,802.93 $ 32,599,013.93 $ Additional Child Tax Credit (Reimb.) 0% - $ 0% - $ Military (Reimb.) 0% - $ 0% 1,451,857.00 $ - $ Making Work Pay Credit (Reimb.) 0% - $ 0% - $ USVI Cover Over 0% - $ 0% 22,500,000.00 $ 18,500,000.00 $ Sub-total Individual Income 19,648,959.46 $ 15,507,008.70 $ 19,679,723.07 $ 21,652,258.75 $ 24,149,830.72 $ 4,470,107.65 $ 23% 2,497,571.97 $ 12% 339,414,998.17 $ 352,975,468.70 $ 351,252,057.80 $ 340,151,606.73 $ CORPORATE Corporate - Income 103,998.94 $ 244,787.82 $ 290,171.35 $ 257,353.44 $ 942,177.78 $ 652,006.43 $ 225% 684,824.34 $ 266% 17,491,752.78 $ 9,633,450.28 $ 12,277,491.05 $ 9,062,693.32 $ Estimated 73,924.00 $ 35,270.00 $ 269,692.00 $ 159,898.00 $ 66,500.00 $ (203,192.00) $ -75% (93,398.00) $ -58% 38,727,811.28 $ 42,885,024.76 $ 24,236,863.94 $ 24,266,681.66 $ Extension 40,000.00 $ 577,000.00 $ 743,015.00 $ 51,000.00 $ 466,313.35 $ (276,701.65) $ -37% 415,313.35 $ 814% 22,895,009.75 $ 24,147,580.91 $ 13,183,528.58 $ 12,043,359.96 $ Sub-Total Corporate Income 217,922.94 $ 857,057.82 $ 1,302,878.35 $ 468,251.44 $ 1,474,991.13 $ 172,112.78 $ 13% 1,006,739.69 $ 215% 79,114,573.81 $ 76,666,055.95 $ 49,697,883.57 $ 45,372,734.94 $ Total Income 19,866,882.40 $ 16,364,066.52 $ 20,982,601.42 $ 22,120,510.19 $ 25,624,821.85 $ 4,642,220.43 $ 22% 3,504,311.66 $ 16% 418,529,571.98 $ 429,641,524.65 $ 400,949,941.37 $ 385,524,341.67 $ GROSS RECEIPTS 15,176,480.86 $ 15,030,033.69 $ 15,062,616.63 $ 15,716,360.37 $ 13,904,796.74 $ (1,157,819.89) $ -8% (1,811,563.63) $ -12% 157,340,692.50 $ 161,129,120.36 $ 160,585,193.36 $ 163,105,269.44 $ EXCISE 1,962,252.31 $ 1,792,962.45 $ 1,840,443.23 $ 2,134,357.60 $ 3,160,122.01 $ 1,319,678.78 $ 72% 1,025,764.41 $ 48% 23,364,053.35 $ 23,044,374.39 $ 24,175,322.15 $ 25,623,647.96 $ ENTERTAINMENT 4,237.75 $ 2,414.00 $ - $ 1,387.00 $ - $ - $ 0% (1,387.00) $ 0% 12,237.57 $ 14,466.63 $ 1,030.00 $ 4,544.50 $ MISCELLANEOUS 5,461.50 $ 4,870.00 $ 3,821.00 $ 5,756.51 $ 5,932.00 $ 2,111.00 $ 55% 175.49 $ 3% 53,520.00 $ 54,660.06 $ 59,832.75 $ 77,627.26 $ FRANCHISE - $ 266,602.41 $ - $ 260,664.54 $ 16,466.11 $ 16,466.11 $ 0% (244,198.43) $ 0% 1,096,400.77 $ 1,095,043.29 $ 1,070,527.08 $ 1,037,557.90 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 85% 3,825.00 $ 3,825.00 $ 0% 3,825.00 $ 0% 1,058,122.50 $ Total Other Taxes 17,148,432.42 $ 17,096,882.55 $ 16,906,880.86 $ 18,118,526.02 $ 17,091,141.86 $ 184,261.00 $ 1% (1,031,209.16) $ -6% 181,866,904.19 $ 185,337,664.73 $ 185,891,905.34 $ 190,906,769.56 $ Total General Fund 37,015,314.82 $ 33,460,949.07 $ 37,889,482.28 $ 40,239,036.21 $ 42,715,963.71 $ 4,826,481.43 $ 13% 2,473,102.50 $ 6% 600,396,476.17 $ 614,979,189.38 $ 586,841,846.71 $ 576,431,111.23 $ ARBITRATION DEPOSIT - $ 200,000.00 $ - $ 125,000.00 $ - $ - $ #DIV/0! (125,000.00) $ 0% 1,040,000.00 $ 1,775,000.00 $ 530,000.00 $ 365,000.00 $ LOANSOME DOVE FUND - $ - $ - $ - $ 125,000.00 $ 125,000.00 $ 0% 125,000.00 $ 0% 260,000.00 $ PRODUCTION - $ - $ - $ - $ - $ - $ 0% - $ 0% - $ - $ - $ - $ FUEL 323,215.38 $ 494,647.35 $ 376,128.17 $ 406,454.36 $ 113,616.02 $ (262,512.15) $ -70% (292,838.34) $ -72% 4,358,184.01 $ 5,264,378.37 $ 3,630,925.95 $ 4,285,384.68 $ HIGHWAY USER'S 189,788.48 $ 198,219.04 $ 239,073.92 $ 298,628.64 $ 475,317.26 $ 236,243.34 $ 99% 176,688.62 $ 59% 2,838,568.74 $ 3,058,282.15 $ 3,326,797.97 $ 3,614,868.23 $ HOTEL 2,847,320.27 $ 2,305,171.66 $ 3,335,800.75 $ 3,443,186.24 $ 868,465.85 $ (2,467,334.90) $ -74% (2,574,720.39) $ -75% 22,141,669.91 $ 24,619,877.41 $ 28,639,105.26 $ 29,513,822.00 $ RACINO 28,330.86 $ 31,259.29 $ 54,944.67 $ - $ - $ (54,944.67) $ -100% - $ 0% 603,601.81 $ 570,864.96 $ 356,204.78 $ - $ GROSS CASINO 98,318.26 $ 104,574.23 $ 148,483.13 $ 97,725.75 $ 90,520.83 $ (57,962.30) $ -39% (7,204.92) $ -7% 1,368,824.06 $ 1,365,756.16 $ 1,429,528.19 $ 1,232,578.91 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 15% - $ - $ - $ - $ 675.00 $ 675.00 $ 0% 675.00 $ 0% 186,727.50 $ INVESTMENT ALTERNATIVE - $ - $ - $ - $ - $ - $ 0% - $ 0% 139,071.78 $ 141,893.05 $ 134,149.89 $ 130,022.10 $ VEHICLE RENTAL 289,522.25 $ 220,327.00 $ 241,411.20 $ 276,573.00 $ 148,505.47 $ (92,905.73) $ -38% (128,067.53) $ -46% 2,281,790.55 $ 2,341,616.15 $ 2,588,063.72 $ 2,610,566.16 $ Total Special Fund 3,776,495.50 $ 3,554,198.57 $ 4,395,841.84 $ 4,647,567.99 $ 1,822,100.43 $ (2,573,741.41) $ -59% (2,825,467.56) $ -61% 34,771,710.86 $ 39,137,668.25 $ 40,634,775.76 $ 42,198,969.58 $ TOTAL 40,791,810.32 $ 37,015,147.64 $ 42,285,324.12 $ 44,886,604.20 $ 44,538,064.14 $ 2,252,740.02 $ 5% (352,365.06) $ -1% 635,168,187.03 $ 654,116,857.63 $ 627,476,622.47 $ 618,630,080.81 $ V.I. Bureau of Internal Revenue Month to Date Collections Report Month Ended 3/31/2018 TAX CATEGORIES MARCH FY 2014 (3/1/14 - 3/31/14) MARCH FY 2015 (3/1/15- 3/31/15) MARCH FY 2016 (3/1/16 - 3/31/16) MARCH FY 2017 (3/1/17 - 3/31/17) MARCH FY 2018 (3/1/18 - 3/31/18) FY 16 & 18 INC -MARCH FY 16 & 18 % INC - MARCH DIFF FY 17 & FY 18 MARCH FY 17 & 18 % INC - MARCH FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL INCOME Individual - Income 5,415,400.24 $ 2,793,264.15 $ 2,936,656.24 $ 3,011,952.78 $ 3,074,743.16 $ 138,086.92 $ 5% 62,790.38 $ 2% 44,320,691.19 $ 60,212,247.15 $ 57,184,422.30 $ 44,437,145.38 $ Estimated Tax 335,713.00 $ 1,609,817.00 $ 1,009,041.00 $ 2,484,113.00 $ 848,114.00 $ (160,927.00) $ -16% (1,635,999.00) $ -66% 53,954,898.55 $ 61,275,717.34 $ 60,463,578.41 $ 58,892,756.06 $ Withholding Tax 15,627,090.77 $ 20,882,922.59 $ 19,939,742.79 $ 18,097,302.70 $ 19,983,574.10 $ 43,831.31 $ 0% 1,886,271.40 $ 10% 187,360,501.30 $ 195,877,453.51 $ 197,739,254.16 $ 185,722,691.36 $ Extension 83,396.77 $ 485,545.00 $ 1,331,733.00 $ 575,988.52 $ 166,717.60 $ (1,165,015.40) $ 0% (409,270.92) $ -71% 29,827,050.13 $ 35,610,050.70 $ 35,864,802.93 $ 32,599,013.93 $ Additional Child Tax Credit (Reimb.) 0% - $ 0% - $ Military (Reimb.) 0% - $ 0% 1,451,857.00 $ - $ Making Work Pay Credit (Reimb.) 0% - $ 0% - $ USVI Cover Over 0% - $ 0% 22,500,000.00 $ 18,500,000.00 $ Sub-total Individual Income 21,461,600.78 $ 25,771,548.74 $ 25,217,173.03 $ 24,169,357.00 $ 24,073,148.86 $ (1,144,024.17) $ -5% (96,208.14) $ 0% 339,414,998.17 $ 352,975,468.70 $ 351,252,057.80 $ 340,151,606.73 $ CORPORATE Corporate - Income 1,132,295.79 $ 810,819.61 $ 1,854,549.04 $ 913,635.46 $ 828,732.41 $ (1,025,816.63) $ -55% (84,903.05) $ -9% 17,491,752.78 $ 9,633,450.28 $ 12,277,491.05 $ 9,062,693.32 $ Estimated 420,547.00 $ 638,694.00 $ 1,005,390.31 $ 602,450.00 $ 807,181.00 $ (198,209.31) $ -20% 204,731.00 $ 34% 38,727,811.28 $ 42,885,024.76 $ 24,236,863.94 $ 24,266,681.66 $ Extension 6,898,699.50 $ 7,342,947.20 $ 9,193,411.09 $ 2,071,562.00 $ 4,693,626.12 $ (4,499,784.97) $ -49% 2,622,064.12 $ 127% 22,895,009.75 $ 24,147,580.91 $ 13,183,528.58 $ 12,043,359.96 $ Sub-Total Corporate Income 8,451,542.29 $ 8,792,460.81 $ 12,053,350.44 $ 3,587,647.46 $ 6,329,539.53 $ (5,723,810.91) $ -47% 2,741,892.07 $ 76% 79,114,573.81 $ 76,666,055.95 $ 49,697,883.57 $ 45,372,734.94 $ Total Income 29,913,143.07 $ 34,564,009.55 $ 37,270,523.47 $ 27,757,004.46 $ 30,402,688.39 $ (6,867,835.08) $ -18% 2,645,683.93 $ 10% 418,529,571.98 $ 429,641,524.65 $ 400,949,941.37 $ 385,524,341.67 $ GROSS RECEIPTS 11,887,800.75 $ 14,263,801.25 $ 13,679,447.42 $ 14,246,707.37 $ 13,841,561.53 $ 162,114.11 $ 1% (405,145.84) $ -3% 157,340,692.50 $ 161,129,120.36 $ 160,585,193.36 $ 163,105,269.44 $ EXCISE 1,451,304.38 $ 1,771,815.40 $ 2,216,263.52 $ 2,123,845.34 $ 3,635,476.91 $ 1,419,213.39 $ 64% 1,511,631.57 $ 71% 23,364,053.35 $ 23,044,374.39 $ 24,175,322.15 $ 25,623,647.96 $ ENTERTAINMENT 1,402.50 $ - $ - $ - $ - $ - $ 0% - $ 0% 12,237.57 $ 14,466.63 $ 1,030.00 $ 4,544.50 $ MISCELLANEOUS 5,023.90 $ 6,571.50 $ 3,568.18 $ 6,571.75 $ 6,505.00 $ 2,936.82 $ 82% (66.75) $ -1% 53,520.00 $ 54,660.06 $ 59,832.75 $ 77,627.26 $ FRANCHISE - $ - $ 256,935.55 $ - $ - $ (256,935.55) $ 0% - $ 0% 1,096,400.77 $ 1,095,043.29 $ 1,070,527.08 $ 1,037,557.90 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 85% - $ - $ 0% - $ 0% 1,058,122.50 $ Total Other Taxes 13,345,531.53 $ 16,042,188.15 $ 16,156,214.67 $ 16,377,124.46 $ 17,483,543.44 $ 1,327,328.77 $ 8% 1,106,418.98 $ 7% 181,866,904.19 $ 185,337,664.73 $ 185,891,905.34 $ 190,906,769.56 $ Total General Fund 43,258,674.60 $ 50,606,197.70 $ 53,426,738.14 $ 44,134,128.92 $ 47,886,231.83 $ (5,540,506.31) $ -10% 3,752,102.91 $ 9% 600,396,476.17 $ 614,979,189.38 $ 586,841,846.71 $ 576,431,111.23 $ ARBITRATION DEPOSIT 275,000.00 $ - $ 55,000.00 $ - $ - $ (55,000.00) $ -100% - $ 0% 1,040,000.00 $ 1,775,000.00 $ 530,000.00 $ 365,000.00 $ LOANSOME DOVE FUND - $ - $ - $ - $ - $ - $ 0% - $ 0% 260,000.00 $ PRODUCTION - $ - $ - $ - $ - $ - $ 0% - $ 0% - $ - $ - $ - $ FUEL 304,236.94 $ 514,896.62 $ 261,087.16 $ 576,914.97 $ 426,362.00 $ 165,274.84 $ 63% (150,552.97) $ -26% 4,358,184.01 $ 5,264,378.37 $ 3,630,925.95 $ 4,285,384.68 $ HIGHWAY USER'S 190,772.00 $ 217,811.88 $ 256,969.89 $ 292,238.88 $ 486,017.12 $ 229,047.23 $ 89% 193,778.24 $ 66% 2,838,568.74 $ 3,058,282.15 $ 3,326,797.97 $ 3,614,868.23 $ HOTEL 2,402,622.47 $ 4,125,241.74 $ 3,391,798.06 $ 4,349,847.14 $ 1,289,277.20 $ (2,102,520.86) $ -62% (3,060,569.94) $ -70% 22,141,669.91 $ 24,619,877.41 $ 28,639,105.26 $ 29,513,822.00 $ RACINO 57,606.76 $ 50,753.11 $ 72,958.93 $ - $ - $ (72,958.93) $ -100% - $ 0% 603,601.81 $ 570,864.96 $ 356,204.78 $ - $ GROSS CASINO 104,557.67 $ 112,841.91 $ 133,450.56 $ 105,253.65 $ 83,656.83 $ (49,793.73) $ -37% (21,596.82) $ -21% 1,368,824.06 $ 1,365,756.16 $ 1,429,528.19 $ 1,232,578.91 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 15% - $ - $ - $ - $ - $ - $ 0% - $ 0% 186,727.50 $ INVESTMENT ALTERNATIVE - $ - $ - $ - $ - $ - $ 0% - $ 0% 139,071.78 $ 141,893.05 $ 134,149.89 $ 130,022.10 $ VEHICLE RENTAL 93,859.91 $ 171,876.62 $ 320,029.62 $ 312,837.63 $ 196,503.60 $ (123,526.02) $ -39% (116,334.03) $ -37% 2,281,790.55 $ 2,341,616.15 $ 2,588,063.72 $ 2,610,566.16 $ Total Special Fund 3,428,655.75 $ 5,193,421.88 $ 4,491,294.22 $ 5,637,092.27 $ 2,481,816.75 $ (2,009,477.47) $ -45% (3,155,275.52) $ -56% 34,771,710.86 $ 39,137,668.25 $ 40,634,775.76 $ 42,198,969.58 $ TOTAL 46,687,330.35 $ 55,799,619.58 $ 57,918,032.36 $ 49,771,221.19 $ 50,368,048.58 $ (7,549,983.78) $ -13% 596,827.39 $ 1% 635,168,187.03 $ 654,116,857.63 $ 627,476,622.47 $ 618,630,080.81 $ V.I. Bureau of Internal Revenue Month to Date Collections Report Month Ended 4/30/2018 TAX CATEGORIES APRIL FY 2014 (4/1/14 - 4/30/14) APRIL FY 2015 (4/1/15- 4/30/15) APRIL FY 2016 (4/1/16 - 4/30/16) APRIL FY 2017 (4/1/17 - 4/30/17) APRIL FY 2018 (4/1/18 - 4/30/18) FY 16 & 18 INC -APRIL FY 16 & 18 % INC - APRIL DIFF FY 17 & FY 18 APRIL FY 17 & 18 % INC - APRIL FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL INCOME Individual - Income 17,319,784.51 $ 20,004,305.04 $ 27,868,751.31 $ 19,222,812.44 $ 6,584,511.64 $ (21,284,239.67) $ -76% (12,638,300.80) $ -66% 44,320,691.19 $ 60,212,247.15 $ 57,184,422.30 $ 44,437,145.38 $ Estimated Tax 7,883,342.80 $ 6,310,611.68 $ 6,147,252.82 $ 6,824,979.59 $ 3,150,525.58 $ (2,996,727.24) $ -49% (3,674,454.01) $ -54% 53,954,898.55 $ 61,275,717.34 $ 60,463,578.41 $ 58,892,756.06 $ Withholding Tax 17,789,168.38 $ 15,191,324.08 $ 16,072,625.65 $ 16,318,832.88 $ 15,771,325.18 $ (301,300.47) $ -2% (547,507.70) $ -3% 187,360,501.30 $ 195,877,453.51 $ 197,739,254.16 $ 185,722,691.36 $ Extension 29,548,988.36 $ 35,121,238.99 $ 34,524,327.93 $ 31,734,707.71 $ 1,496,200.00 $ (33,028,127.93) $ -96% (30,238,507.71) $ -95% 29,827,050.13 $ 35,610,050.70 $ 35,864,802.93 $ 32,599,013.93 $ Additional Child Tax Credit (Reimb.) 0% - $ 0% - $ Military (Reimb.) 1,652,435.00 $ 0% 1,652,435.00 $ 0% 1,451,857.00 $ - $ Making Work Pay Credit (Reimb.) 0% - $ 0% - $ USVI Cover Over 0% - $ 0% 22,500,000.00 $ 18,500,000.00 $ Sub-total Individual Income 72,541,284.05 $ 76,627,479.79 $ 84,612,957.71 $ 74,101,332.62 $ 28,654,997.40 $ (57,610,395.31) $ -68% (45,446,335.22) $ -61% 339,414,998.17 $ 352,975,468.70 $ 351,252,057.80 $ 340,151,606.73 $ CORPORATE Corporate - Income 6,156,225.00 $ 1,025,946.23 $ 2,618,022.96 $ 1,222,613.47 $ 1,247,277.11 $ (1,370,745.85) $ -52% 24,663.64 $ 2% 17,491,752.78 $ 9,633,450.28 $ 12,277,491.05 $ 9,062,693.32 $ Estimated 2,525,813.34 $ 2,429,048.38 $ 1,377,304.00 $ 2,641,709.25 $ 752,080.00 $ (625,224.00) $ -45% (1,889,629.25) $ -72% 38,727,811.28 $ 42,885,024.76 $ 24,236,863.94 $ 24,266,681.66 $ Extension 14,093,395.00 $ 13,682,210.00 $ 2,435,452.00 $ 9,423,898.00 $ 8,214,080.86 $ 5,778,628.86 $ 237% (1,209,817.14) $ -13% 22,895,009.75 $ 24,147,580.91 $ 13,183,528.58 $ 12,043,359.96 $ Sub-Total Corporate Income 22,775,433.34 $ 17,137,204.61 $ 6,430,778.96 $ 13,288,220.72 $ 10,213,437.97 $ 3,782,659.01 $ 59% (3,074,782.75) $ -23% 79,114,573.81 $ 76,666,055.95 $ 49,697,883.57 $ 45,372,734.94 $ Total Income 95,316,717.39 $ 93,764,684.40 $ 91,043,736.67 $ 87,389,553.34 $ 38,868,435.37 $ (53,827,736.30) $ -59% (48,521,117.97) $ -56% 418,529,571.98 $ 429,641,524.65 $ 400,949,941.37 $ 385,524,341.67 $ GROSS RECEIPTS 16,372,483.57 $ 15,711,567.83 $ 14,368,595.95 $ 12,308,139.73 $ 14,931,138.77 $ 562,542.82 $ 4% 2,622,999.04 $ 21% 157,340,692.50 $ 161,129,120.36 $ 160,585,193.36 $ 163,105,269.44 $ EXCISE 1,235,785.62 $ 2,385,285.71 $ 2,032,623.82 $ 2,133,043.06 $ 3,602,274.11 $ 1,569,650.29 $ 77% 1,469,231.05 $ 69% 23,364,053.35 $ 23,044,374.39 $ 24,175,322.15 $ 25,623,647.96 $ ENTERTAINMENT 1,599.82 $ - $ - $ - $ - $ - $ 0% - $ 0% 12,237.57 $ 14,466.63 $ 1,030.00 $ 4,544.50 $ MISCELLANEOUS 5,863.00 $ 6,513.00 $ 5,248.00 $ 7,012.50 $ 6,480.00 $ 1,232.00 $ 23% (532.50) $ -8% 53,520.00 $ 54,660.06 $ 59,832.75 $ 77,627.26 $ FRANCHISE 274,917.87 $ - $ - $ - $ - $ - $ 0% - $ 0% 1,096,400.77 $ 1,095,043.29 $ 1,070,527.08 $ 1,037,557.90 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 85% 9,053.35 $ 9,053.35 $ 0% 9,053.35 $ 0% 1,058,122.50 $ Total Other Taxes 17,890,649.88 $ 18,103,366.54 $ 16,406,467.77 $ 14,448,195.29 $ 18,548,946.23 $ 2,142,478.46 $ 13% 4,091,697.59 $ 28% 181,866,904.19 $ 185,337,664.73 $ 185,891,905.34 $ 190,906,769.56 $ Total General Fund 113,207,367.27 $ 111,868,050.94 $ 107,450,204.44 $ 101,837,748.63 $ 57,417,381.60 $ (51,685,257.84) $ -48% (44,429,420.38) $ -44% 600,396,476.17 $ 614,979,189.38 $ 586,841,846.71 $ 576,431,111.23 $ ARBITRATION DEPOSIT - $ 100,000.00 $ - $ - $ - $ - $ 0% - $ 0% 1,040,000.00 $ 1,775,000.00 $ 530,000.00 $ 365,000.00 $ LOANSOME DOVE FUND - $ - $ - $ - $ - $ - $ 0% - $ 0% 260,000.00 $ PRODUCTION - $ - $ - $ - $ - $ - $ 0% - $ 0% - $ - $ - $ - $ FUEL 350,903.47 $ 517,663.46 $ 257,131.64 $ 356,717.17 $ 509,694.38 $ 252,562.74 $ 98% 152,977.21 $ 43% 4,358,184.01 $ 5,264,378.37 $ 3,630,925.95 $ 4,285,384.68 $ HIGHWAY USER'S 175,693.96 $ 202,749.56 $ 259,017.26 $ 275,107.68 $ 544,514.72 $ 285,497.46 $ 110% 269,407.04 $ 98% 2,838,568.74 $ 3,058,282.15 $ 3,326,797.97 $ 3,614,868.23 $ HOTEL 3,234,720.33 $ 3,145,403.83 $ 4,757,331.70 $ 3,190,110.05 $ 1,249,488.33 $ (3,507,843.37) $ -74% (1,940,621.72) $ -61% 22,141,669.91 $ 24,619,877.41 $ 28,639,105.26 $ 29,513,822.00 $ RACINO 68,458.17 $ 47,204.55 $ 30,129.22 $ - $ - $ (30,129.22) $ -100% - $ 0% 603,601.81 $ 570,864.96 $ 356,204.78 $ - $ GROSS CASINO 118,948.23 $ 152,405.87 $ 95,282.65 $ 97,942.58 $ 107,596.57 $ 12,313.92 $ 13% 9,653.99 $ 10% 1,368,824.06 $ 1,365,756.16 $ 1,429,528.19 $ 1,232,578.91 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 15% 35,026.59 $ 38,217.75 $ 35,275.72 $ - $ 1,597.65 $ (33,678.07) $ -95% 1,597.65 $ 0% 186,727.50 $ INVESTMENT ALTERNATIVE 291,294.21 $ 267,896.79 $ 313,618.59 $ 32,757.62 $ - $ (313,618.59) $ -100% (32,757.62) $ -100% 139,071.78 $ 141,893.05 $ 134,149.89 $ 130,022.10 $ VEHICLE RENTAL - $ - $ - $ 201,777.75 $ 273,391.41 $ 273,391.41 $ 0% 71,613.66 $ 35% 2,281,790.55 $ 2,341,616.15 $ 2,588,063.72 $ 2,610,566.16 $ Total Special Fund 4,275,044.96 $ 4,471,541.81 $ 5,747,786.78 $ 4,154,412.85 $ 2,686,283.06 $ (3,061,503.72) $ -53% (1,468,129.79) $ -35% 34,771,710.86 $ 39,137,668.25 $ 40,634,775.76 $ 42,198,969.58 $ TOTAL 117,482,412.23 $ 116,339,592.75 $ 113,197,991.22 $ 105,992,161.48 $ 60,103,664.66 $ (54,746,761.56) $ -48% (45,897,550.17) $ -43% 635,168,187.03 $ 654,116,857.63 $ 627,476,622.47 $ 618,630,080.81 $ V.I. Bureau of Internal Revenue Month to Date Collections Report Month Ended 5/31/2018 TAX CATEGORIES MAY FY 2014 (5/1/14 - 5/31/14) MAY FY 2015 (5/1/15- 5/31/15) MAY FY 2016 (5/1/16 - 5/31/16) MAY FY 2017 (5/1/17 - 5/31/17) MAY FY 2018 (5/1/18 - 5/31/18) FY 16 & 18 INC -MAY FY 16 & 18 % INC - MAY DIFF FY 17 & FY 18 MAY FY 17 & 18 % INC -MAY FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL INCOME Individual - Income 1,680,729.77 $ 2,026,065.88 $ 3,084,441.22 $ 2,892,136.92 $ 6,435,530.69 $ 3,351,089.47 $ 109% 3,543,393.77 $ 123% 44,320,691.19 $ 60,212,247.15 $ 57,184,422.30 $ 44,437,145.38 $ Estimated Tax 1,524,698.00 $ 1,224,450.63 $ 1,936,725.40 $ 1,044,260.75 $ 1,722,764.75 $ (213,960.65) $ -11% 678,504.00 $ 65% 53,954,898.55 $ 61,275,717.34 $ 60,463,578.41 $ 58,892,756.06 $ Withholding Tax 15,302,270.85 $ 17,192,807.95 $ 16,450,360.53 $ 18,227,950.25 $ 16,484,126.58 $ 33,766.05 $ 0% (1,743,823.67) $ -10% 187,360,501.30 $ 195,877,453.51 $ 197,739,254.16 $ 185,722,691.36 $ Extension 136,554.00 $ 2,070.00 $ 3,074.00 $ 270,734.00 $ 3,576,433.00 $ 3,573,359.00 $ 116245% 3,305,699.00 $ 1221% 29,827,050.13 $ 35,610,050.70 $ 35,864,802.93 $ 32,599,013.93 $ Additional Child Tax Credit (Reimb.) - $ Military (Reimb.) 1,451,857.00 $ - $ Making Work Pay Credit (Reimb.) - $ USVI Cover Over 22,500,000.00 $ 18,500,000.00 $ Sub-total Individual Income 18,644,252.62 $ 20,445,394.46 $ 21,474,601.15 $ 22,435,081.92 $ 28,218,855.02 $ 6,744,253.87 $ 31% 5,783,773.10 $ 26% 339,414,998.17 $ 352,975,468.70 $ 351,252,057.80 $ 340,151,606.73 $ CORPORATE Corporate - Income 935,354.90 $ 571,216.66 $ 342,794.61 $ 1,923,571.16 $ 906,348.86 $ 563,554.25 $ 164% (1,017,222.30) $ -53% 17,491,752.78 $ 9,633,450.28 $ 12,277,491.05 $ 9,062,693.32 $ Estimated 662,338.00 $ 1,514,873.00 $ 1,105,436.00 $ 179,673.00 $ 1,594,146.00 $ 488,710.00 $ 44% 1,414,473.00 $ 787% 38,727,811.28 $ 42,885,024.76 $ 24,236,863.94 $ 24,266,681.66 $ Extension 9,478.00 $ 203.44 $ 1,100.00 $ 13,696.00 $ 3,748,430.00 $ 3,747,330.00 $ 340666% 3,734,734.00 $ 27269% 22,895,009.75 $ 24,147,580.91 $ 13,183,528.58 $ 12,043,359.96 $ Sub-Total Corporate Income 1,607,170.90 $ 2,086,293.10 $ 1,449,330.61 $ 2,116,940.16 $ 6,248,924.86 $ 4,799,594.25 $ 331% 4,131,984.70 $ 195% 79,114,573.81 $ 76,666,055.95 $ 49,697,883.57 $ 45,372,734.94 $ Total Income 20,251,423.52 $ 22,531,687.56 $ 22,923,931.76 $ 24,552,022.08 $ 34,467,779.88 $ 11,543,848.12 $ 50% 9,915,757.80 $ 40% 418,529,571.98 $ 429,641,524.65 $ 400,949,941.37 $ 385,524,341.67 $ GROSS RECEIPTS 13,787,633.00 $ 14,642,126.13 $ 15,684,121.42 $ 18,218,809.34 $ 18,250,122.80 $ 2,566,001.38 $ 16% 31,313.46 $ 0% 157,340,692.50 $ 161,129,120.36 $ 160,585,193.36 $ 163,105,269.44 $ EXCISE 953,294.81 $ 2,015,142.57 $ 1,749,838.11 $ 2,350,114.92 $ 3,217,979.02 $ 1,468,140.91 $ 84% 867,864.10 $ 37% 23,364,053.35 $ 23,044,374.39 $ 24,175,322.15 $ 25,623,647.96 $ ENTERTAINMENT - $ 5,313.00 $ - $ 1,551.25 $ - $ - $ 0% (1,551.25) $ -100% 12,237.57 $ 14,466.63 $ 1,030.00 $ 4,544.50 $ MISCELLANEOUS 3,693.50 $ 7,254.90 $ 3,977.60 $ 8,033.00 $ 8,059.00 $ 4,081.40 $ 103% 26.00 $ 0% 53,520.00 $ 54,660.06 $ 59,832.75 $ 77,627.26 $ FRANCHISE - $ 275,249.10 $ 266,333.52 $ 257,233.00 $ 13,535.01 $ (252,798.51) $ -95% (243,697.99) $ -95% 1,096,400.77 $ 1,095,043.29 $ 1,070,527.08 $ 1,037,557.90 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 85% 34,892.50 $ 34,892.50 $ 0% 34,892.50 $ 1,058,122.50 $ Total Other Taxes 14,744,621.31 $ 16,945,085.70 $ 17,704,270.65 $ 20,835,741.51 $ 21,524,588.33 $ 3,820,317.68 $ 22% 653,954.32 $ 3% 181,866,904.19 $ 185,337,664.73 $ 185,891,905.34 $ 190,906,769.56 $ Total General Fund 34,996,044.83 $ 39,476,773.26 $ 40,628,202.41 $ 45,387,763.59 $ 55,992,368.21 $ 15,364,165.80 $ 38% 10,569,712.12 $ 23% 600,396,476.17 $ 614,979,189.38 $ 586,841,846.71 $ 576,431,111.23 $ ARBITRATION DEPOSIT - $ - $ - $ - $ - $ - $ 0% - $ 0% 1,040,000.00 $ 1,775,000.00 $ 530,000.00 $ 365,000.00 $ LOANSOME DOVE FUND - $ - $ - $ 135,000.00 $ 145,000.00 $ 145,000.00 $ 0% 10,000.00 $ 7% 260,000.00 $ PRODUCTION - $ - $ - $ - $ - $ - $ 0% - $ 0% - $ - $ - $ - $ FUEL 103,306.65 $ 423,089.66 $ 252,510.69 $ 547,395.65 $ 355,282.15 $ 102,771.46 $ 41% (192,113.50) $ -35% 4,358,184.01 $ 5,264,378.37 $ 3,630,925.95 $ 4,285,384.68 $ HIGHWAY USER'S 427,323.12 $ 222,571.91 $ 236,538.88 $ 292,420.96 $ 594,354.92 $ 357,816.04 $ 151% 301,933.96 $ 103% 2,838,568.74 $ 3,058,282.15 $ 3,326,797.97 $ 3,614,868.23 $ HOTEL 2,185,022.71 $ 2,595,053.55 $ 3,158,699.05 $ 4,101,347.48 $ 1,769,047.76 $ (1,389,651.29) $ -44% (2,332,299.72) $ -57% 22,141,669.91 $ 24,619,877.41 $ 28,639,105.26 $ 29,513,822.00 $ RACINO 21,386.42 $ 36,516.58 $ - $ - $ - $ - $ 0% - $ 0% 603,601.81 $ 570,864.96 $ 356,204.78 $ - $ GROSS CASINO 103,259.15 $ 86,624.58 $ 119,690.01 $ 107,280.82 $ 144,720.94 $ 25,030.93 $ 21% 37,440.12 $ 35% 1,368,824.06 $ 1,365,756.16 $ 1,429,528.19 $ 1,232,578.91 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 15% - $ - $ - $ - $ 6,157.50 $ 6,157.50 $ 0% 6,157.50 $ 0% 186,727.50 $ INVESTMENT ALTERNATIVE - $ - $ - $ - $ - $ - $ 0% - $ 0% 139,071.78 $ 141,893.05 $ 134,149.89 $ 130,022.10 $ VEHICLE RENTAL 247,767.22 $ 269,663.44 $ 364,019.42 $ 404,014.36 $ 266,311.24 $ (97,708.18) $ -27% (137,703.12) $ -34% 2,281,790.55 $ 2,341,616.15 $ 2,588,063.72 $ 2,610,566.16 $ Total Special Fund 3,088,065.27 $ 3,633,519.72 $ 4,131,458.05 $ 5,587,459.27 $ 3,280,874.51 $ (850,583.54) $ -21% (2,306,584.76) $ -41% 34,771,710.86 $ 39,137,668.25 $ 40,634,775.76 $ 42,198,969.58 $ TOTAL 38,084,110.10 $ 43,110,292.98 $ 44,759,660.46 $ 50,975,222.86 $ 59,273,242.72 $ 14,513,582.26 $ 32% 8,263,127.36 $ 16% 635,168,187.03 $ 654,116,857.63 $ 627,476,622.47 $ 618,630,080.81 $ V.I. Bureau of Internal Revenue Month to Date Collections Report Month Ended 6/30/2018 TAX CATEGORIES JUNE FY 2014 (6/1/14 - 6/30/14) JUNE FY 2015 (6/1/15- 6/30/15) JUNE FY 2016 (6/1/16 - 6/30/16) JUNE FY 2017 (6/1/17 - 6/30/17) JUNE FY 2018 (6/1/18 - 6/30/18) DIFF FY 16 & 18 - JUNE FY 16 & 18 % DIFF -JUNE DIFF FY 17 & FY 18 JUNE FY 17 & 18 % DIFF -JUNE FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL INCOME Individual - Income 1,774,463.64 $ 1,962,788.03 $ 2,205,490.59 $ 1,444,631.03 $ 10,482,707.24 $ 8,277,216.65 $ 375% 9,038,076.21 $ 626% 44,320,691.19 $ 60,212,247.15 $ 57,184,422.30 $ 44,437,145.38 $ Estimated Tax 9,828,242.71 $ 14,156,957.70 $ 11,046,691.05 $ 12,042,818.75 $ 13,854,989.83 $ 2,808,298.78 $ 25% 1,812,171.08 $ 15% 53,954,898.55 $ 61,275,717.34 $ 60,463,578.41 $ 58,892,756.06 $ Withholding Tax 13,428,036.13 $ 17,053,261.88 $ 15,552,082.30 $ 15,204,877.88 $ 16,445,356.77 $ 893,274.47 $ 6% 1,240,478.89 $ 8% 187,360,501.30 $ 195,877,453.51 $ 197,739,254.16 $ 185,722,691.36 $ Extension 195.00 $ 820.00 $ 5,568.00 $ 15,466.70 $ 35,287,710.53 $ 35,282,142.53 $ 633659% 35,272,243.83 $ 228053% 29,827,050.13 $ 35,610,050.70 $ 35,864,802.93 $ 32,599,013.93 $ Additional Child Tax Credit (Reimb.) - $ Military (Reimb.) 1,451,857.00 $ - $ Making Work Pay Credit (Reimb.) - $ USVI Cover Over 22,500,000.00 $ 18,500,000.00 $ Sub-total Individual Income 25,030,937.48 $ 33,173,827.61 $ 28,809,831.94 $ 28,707,794.36 $ 76,070,764.37 $ 47,260,932.43 $ 164% 47,362,970.01 $ 165% 339,414,998.17 $ 352,975,468.70 $ 351,252,057.80 $ 340,151,606.73 $ CORPORATE Corporate - Income 1,815,172.33 $ 1,656,546.88 $ 2,289,291.97 $ 1,839,250.23 $ 1,987,037.99 $ (302,253.98) $ -13% 147,787.76 $ 8% 17,491,752.78 $ 9,633,450.28 $ 12,277,491.05 $ 9,062,693.32 $ Estimated 9,275,836.34 $ 10,223,601.38 $ 5,362,599.00 $ 6,390,601.49 $ 7,843,964.00 $ 2,481,365.00 $ 46% 1,453,362.51 $ 23% 38,727,811.28 $ 42,885,024.76 $ 24,236,863.94 $ 24,266,681.66 $ Extension 170,470.00 $ 2,006,726.00 $ 51,250.00 $ 1,150.00 $ 639,114.00 $ 587,864.00 $ 1147% 637,964.00 $ 55475% 22,895,009.75 $ 24,147,580.91 $ 13,183,528.58 $ 12,043,359.96 $ Sub-Total Corporate Income 11,261,478.67 $ 13,886,874.26 $ 7,703,140.97 $ 8,231,001.72 $ 10,470,115.99 $ 2,766,975.02 $ 36% 2,239,114.27 $ 27% 79,114,573.81 $ 76,666,055.95 $ 49,697,883.57 $ 45,372,734.94 $ Total Income 36,292,416.15 $ 47,060,701.87 $ 36,512,972.91 $ 36,938,796.08 $ 86,540,880.36 $ 50,027,907.45 $ 137% 49,602,084.28 $ 134% 418,529,571.98 $ 429,641,524.65 $ 400,949,941.37 $ 385,524,341.67 $ GROSS RECEIPTS 12,418,765.15 $ 13,955,740.87 $ 13,595,640.66 $ 12,285,940.42 $ 18,289,625.91 $ 4,693,985.25 $ 35% 6,003,685.49 $ 49% 157,340,692.50 $ 161,129,120.36 $ 160,585,193.36 $ 163,105,269.44 $ EXCISE 2,196,036.30 $ 1,842,103.16 $ 1,919,117.27 $ 2,480,465.76 $ 3,273,362.74 $ 1,354,245.47 $ 71% 792,896.98 $ 32% 23,364,053.35 $ 23,044,374.39 $ 24,175,322.15 $ 25,623,647.96 $ ENTERTAINMENT - $ 518.38 $ - $ - $ - $ - $ 0% - $ 0% 12,237.57 $ 14,466.63 $ 1,030.00 $ 4,544.50 $ MISCELLANEOUS 3,445.00 $ 4,577.50 $ 6,973.76 $ 9,740.50 $ 12,002.50 $ 5,028.74 $ 72% 2,262.00 $ 23% 53,520.00 $ 54,660.06 $ 59,832.75 $ 77,627.26 $ FRANCHISE - $ - $ - $ - $ - $ - $ 0% - $ 0% 1,096,400.77 $ 1,095,043.29 $ 1,070,527.08 $ 1,037,557.90 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 85% 305,915.00 $ 115,234.50 $ 115,234.50 $ 0% (190,680.50) $ -62% 1,058,122.50 $ Total Other Taxes 14,618,246.45 $ 15,802,939.91 $ 15,521,731.69 $ 15,082,061.68 $ 21,690,225.65 $ 6,168,493.96 $ 40% 6,608,163.97 $ 44% 181,866,904.19 $ 185,337,664.73 $ 185,891,905.34 $ 190,906,769.56 $ Total General Fund 50,910,662.60 $ 62,863,641.78 $ 52,034,704.60 $ 52,020,857.76 $ 108,231,106.01 $ 56,196,401.41 $ 108% 56,210,248.25 $ 108% 600,396,476.17 $ 614,979,189.38 $ 586,841,846.71 $ 576,431,111.23 $ ARBITRATION DEPOSIT - $ 600,000.00 $ - $ - $ - $ - $ 0% - $ 0% 1,040,000.00 $ 1,775,000.00 $ 530,000.00 $ 365,000.00 $ LOANSOME DOVE FUND - $ - $ - $ - $ 75,000.00 $ 75,000.00 $ 0% 75,000.00 $ 0% 260,000.00 $ PRODUCTION - $ - $ - $ - $ - $ - $ 0% - $ 0% - $ - $ - $ - $ FUEL 473,355.58 $ 599,833.36 $ 245,585.87 $ 272,827.07 $ 458,226.06 $ 212,640.19 $ 87% 185,398.99 $ 68% 4,358,184.01 $ 5,264,378.37 $ 3,630,925.95 $ 4,285,384.68 $ HIGHWAY USER'S 173,076.96 $ 202,676.32 $ 248,363.11 $ 270,236.80 $ 532,662.60 $ 284,299.49 $ 114% 262,425.80 $ 97% 2,838,568.74 $ 3,058,282.15 $ 3,326,797.97 $ 3,614,868.23 $ HOTEL 1,740,404.85 $ 2,102,544.03 $ 2,162,737.68 $ 2,346,860.88 $ 1,726,973.52 $ (435,764.16) $ -20% (619,887.36) $ -26% 22,141,669.91 $ 24,619,877.41 $ 28,639,105.26 $ 29,513,822.00 $ RACINO 49,550.29 $ 68,924.17 $ - $ - $ - $ - $ 0% - $ 0% 603,601.81 $ 570,864.96 $ 356,204.78 $ - $ GROSS CASINO 108,252.79 $ 155,468.67 $ 114,753.39 $ 102,421.93 $ 156,383.52 $ 41,630.13 $ 36% 53,961.59 $ 53% 1,368,824.06 $ 1,365,756.16 $ 1,429,528.19 $ 1,232,578.91 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 15% - $ - $ - $ 53,985.00 $ 20,335.50 $ 20,335.50 $ 0% (33,649.50) $ -62% 186,727.50 $ INVESTMENT ALTERNATIVE - $ - $ - $ - $ - $ - $ 0% - $ 0% 139,071.78 $ 141,893.05 $ 134,149.89 $ 130,022.10 $ VEHICLE RENTAL 221,667.15 $ 276,326.64 $ 232,985.46 $ 207,915.05 $ 249,193.01 $ 16,207.55 $ 7% 41,277.96 $ 20% 2,281,790.55 $ 2,341,616.15 $ 2,588,063.72 $ 2,610,566.16 $ Total Special Fund 2,766,307.62 $ 4,005,773.19 $ 3,004,425.51 $ 3,254,246.73 $ 3,218,774.21 $ 214,348.70 $ 7% (35,472.52) $ -1% 34,771,710.86 $ 39,137,668.25 $ 40,634,775.76 $ 42,198,969.58 $ TOTAL 53,676,970.22 $ 66,869,414.97 $ 55,039,130.11 $ 55,275,104.49 $ 111,449,880.22 $ 56,410,750.11 $ 102% 56,174,775.73 $ 102% 635,168,187.03 $ 654,116,857.63 $ 627,476,622.47 $ 618,630,080.81 $ Government of the Virgin Islands Bureau of Internal Revenue, Office of the Director Revenues Report Month to Month July 2017 - FY's 2013- 2018 JULY FY 2013 (7/1/13 - 7/31/13) JULY FY 2014 (7/1/14 - 7/31/14) JULY FY 2015 (7/1/15 - 7/31/15) JULY FY 2016 (7/1/16 - 7/31/16) JULY FY 2017 (7/1/17 - 7/31/17) JULY FY 2018 (7/1/18 - 7/31/18) DIFF FY16 & FY18 YTD FY 16 & 18 % INC -JULY DIFF FY 17 & FY 18 YTD FY 17 & 18 % INC - JULY FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL INCOME Individual - Income 1,750,644.68 $ 1,347,469.56 $ 2,765,292.71 $ 1,291,926.05 $ 1,500,892.84 $ 3,742,411.28 $ 2,450,485.23 $ 190% 2,241,518.44 $ 149% 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ 57,184,422.30 $ 44,437,145.38 $ Estimated Tax 997,650.00 $ 632,014.32 $ 2,250,586.55 $ 1,447,709.01 $ 914,642.82 $ 2,265,659.00 $ 817,949.99 $ 56% 1,351,016.18 $ 148% 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ 60,463,578.41 $ 58,892,756.06 $ Withholding Tax 14,664,180.63 $ 14,742,061.25 $ 15,776,690.97 $ 15,266,778.03 $ 16,405,330.17 $ 14,171,822.08 $ (1,094,955.95) $ -7% (2,233,508.09) $ -14% 186,695,812.15 $ 187,360,501.30 $ 195,877,453.51 $ 197,739,254.16 $ 185,722,691.36 $ Extension 1,132.00 $ - $ 376.71 $ - $ - $ 740,518.00 $ 740,518.00 $ 740,518.00 $ 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ 35,864,802.93 $ 32,599,013.93 $ Additional Child Tax Credit 1,785,330.48 $ 1,785,330.48 $ 1,785,330.48 $ 5,329,147.55 $ - $ Military - $ - $ 1,555,511.00 $ 1,451,857.00 $ - $ Making Work Pay Credit - $ - $ - $ - $ USVI Cover Over 4,994,644.00 $ 4,994,644.00 $ 4,994,644.00 $ 22,500,000.00 $ 18,500,000.00 $ Sub-total Individual Income 17,413,607.31 $ 16,721,545.13 $ 20,792,946.94 $ 18,006,413.09 $ 18,820,865.83 $ 27,700,384.84 $ 9,693,971.75 $ 54% 8,879,519.01 $ 47% 326,898,773.78 $ 339,414,998.17 $ 352,975,468.70 $ 351,252,057.80 $ 340,151,606.73 $ CORPORATE Corporate - Income 766,765.00 $ 914,842.62 $ 182,924.04 $ 359,490.19 $ 362,136.46 $ 866,178.21 $ 506,688.02 $ 141% 504,041.75 $ 139% 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ 12,277,491.05 $ 9,062,693.32 $ Estimated 1,155,876.50 $ 631,692.00 $ 1,637,820.00 $ 1,889,275.00 $ 1,310,388.00 $ 334,950.00 $ (1,554,325.00) $ -82% (975,438.00) $ -74% 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ 24,236,863.94 $ 24,266,681.66 $ Extension 7,937.00 $ 100,000.00 $ 40,574.27 $ 355,225.00 $ 125,000.00 $ 1,227,927.00 $ 872,702.00 $ 246% 1,102,927.00 $ 882% 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ 13,183,528.58 $ 12,043,359.96 $ Sub-Total Corporate Income 1,930,578.50 $ 1,646,534.62 $ 1,861,318.31 $ 2,603,990.19 $ 1,797,524.46 $ 2,429,055.21 $ (174,934.98) $ -7% 631,530.75 $ 35% 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ 49,697,883.57 $ 45,372,734.94 $ Total Income 19,344,185.81 $ 18,368,079.75 $ 22,654,265.25 $ 20,610,403.28 $ 20,618,390.29 $ 30,129,440.05 $ 9,519,036.77 $ 46% 9,511,049.76 $ 46% 389,273,711.59 $ 418,529,571.98 $ 429,641,524.65 $ 400,949,941.37 $ 385,524,341.67 $ GROSS RECEIPTS 13,125,471.34 $ 12,758,870.86 $ 12,892,586.33 $ 12,048,268.16 $ 12,903,705.25 $ 17,736,776.78 $ 5,688,508.62 $ 47% 4,833,071.53 $ 37% 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ 160,585,193.36 $ 163,105,269.44 $ EXCISE 1,722,455.21 $ 1,128,859.47 $ 2,040,729.35 $ 1,828,557.65 $ 2,758,789.64 $ 3,030,257.10 $ 1,201,699.45 $ 66% 271,467.46 $ 10% 33,646,037.25 $ 23,364,053.35 $ 23,044,374.39 $ 24,175,322.15 $ 25,623,647.96 $ ENTERTAINMENT - $ 1,623.00 $ - $ 1,606.25 $ - $ (1,606.25) $ -100% 45,210.95 $ 12,237.57 $ 14,466.63 $ 1,030.00 $ 4,544.50 $ MISCELLANEOUS 6,221.00 $ 4,981.50 $ 3,968.80 $ 5,890.39 $ 6,584.00 $ 5,244.00 $ (646.39) $ -11% (1,340.00) $ -20% 56,391.48 $ 53,520.00 $ 54,660.06 $ 59,832.75 $ 77,627.26 $ FRANCHISE 276,387.13 $ - $ - $ - $ - $ - $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ 1,070,527.08 $ 1,037,557.90 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 85% - $ - $ - $ - $ 353,217.50 $ 2,526.20 $ 2,526.20 $ (350,691.30) $ -99% - $ - $ - $ - $ 1,058,122.50 $ Total Other Taxes 14,854,147.55 $ 14,169,098.96 $ 14,938,907.48 $ 13,882,716.20 $ 16,023,902.64 $ 20,774,804.08 $ 6,892,087.88 $ 50% 4,750,901.44 $ 30% 188,963,054.71 $ 181,866,904.19 $ 185,337,664.73 $ 185,891,905.34 $ 190,906,769.56 $ Total General Fund 34,198,333.36 $ 32,537,178.71 $ 37,593,172.73 $ 34,493,119.48 $ 36,642,292.93 $ 50,904,244.13 $ 16,411,124.65 $ 48% 14,261,951.20 $ 39% 578,236,766.30 $ 600,396,476.17 $ 614,979,189.38 $ 586,841,846.71 $ 576,431,111.23 $ ARBITRATION DEPOSIT - $ 150,000.00 $ 165,000.00 $ 125,000.00 $ - $ (125,000.00) $ -100% - $ 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ 530,000.00 $ 365,000.00 $ LOANSOME DOVE FUND - $ - $ - $ - $ - $ - $ - $ 260,000.00 $ PRODUCTION - $ - $ - $ - $ - $ - $ - $ 2,364.91 $ - $ - $ - $ - $ FUEL 344,634.69 $ 510,848.98 $ 409,288.90 $ 201,961.94 $ 336,094.79 $ 696,938.69 $ 494,976.75 $ 245% 360,843.90 $ 107% 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ 3,630,925.95 $ 4,285,384.68 $ HIGHWAY USER'S 132,631.40 $ 173,973.70 $ 235,123.20 $ 197,743.20 $ 288,205.08 $ 486,608.24 $ 288,865.04 $ 146% 198,403.16 $ 69% 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ 3,326,797.97 $ 3,614,868.23 $ HOTEL 1,789,110.16 $ 1,813,773.10 $ 2,025,394.72 $ 2,097,698.35 $ 2,410,193.71 $ 1,159,695.06 $ (938,003.29) $ -45% (1,250,498.65) $ -52% 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ 28,639,105.26 $ 29,513,822.00 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 15% - $ - $ - $ - $ 62,332.50 $ 445.80 $ 445.80 $ (61,886.70) $ -99% - $ - $ - $ - $ - $ RACINO 36,017.01 $ 49,523.04 $ 27,949.59 $ - $ - $ - $ - $ 160,422.55 $ 603,601.81 $ 570,864.96 $ 356,204.78 $ 1,232,578.91 $ GROSS CASINO 159,575.98 $ 99,635.18 $ 99,650.34 $ 125,679.39 $ 116,202.40 $ 127,477.72 $ 1,798.33 $ 1% 11,275.32 $ 10% 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ 1,429,528.19 $ 186,727.50 $ INVESTMENT ALTERNATIVE 38,858.98 $ 32,477.25 $ 36,718.59 $ 32,276.62 $ 33,205.10 $ (32,276.62) $ -100% (33,205.10) $ -100% 164,904.11 $ 139,071.78 $ 141,893.05 $ 134,149.89 $ 130,022.10 $ VEHICLE RENTAL 243,936.10 $ 169,564.04 $ 211,260.36 $ 187,927.44 $ 251,532.34 $ 249,854.92 $ 61,927.48 $ 33% (1,677.42) $ -1% 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ 2,588,063.72 $ 2,610,566.16 $ Total Special Fund 2,744,764.32 $ 2,999,795.29 $ 3,210,385.70 $ 2,968,286.94 $ 3,497,765.92 $ 2,721,020.43 $ (247,266.51) $ -8% (776,745.49) $ -22% 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ 40,634,775.76 $ 42,198,969.58 $ TOTAL 36,943,097.68 $ 35,536,974.00 $ 40,803,558.43 $ 37,461,406.42 $ 40,140,058.85 $ 53,625,264.56 $ 16,163,858.14 $ 43% 13,485,205.71 $ 34% 613,740,128.97 $ 635,168,187.03 $ 654,116,857.63 $ 627,476,622.47 $ 618,630,080.81 $ 9/24/2018 3:11 PM - Tax_Collections_MTM_2018_10 Government of the Virgin Islands Bureau of Internal Revenue, Office of the Director Revenues Report Month to Month August - FY's 2013- 2018 AUGUST FY 2013 (8/1/13 - 8/31/13) AUGUST FY 2014 (8/1/14 - 8/31/14) AUGUST FY 2015 (8/1/15 - 8/31/15) AUGUST FY 2016 (8/1/16 - 8/31/16) AUGUST FY 2017 (8/1/17 - 8/31/17) AUGUST FY 2018 (8/1/18 - 8/31/18) DIFF FY16 & FY18 YTD FY 16 & 18 % INC -AUGUST DIFF FY 17 & FY 18 YTD FY 17 & 18 % INC - AUGUST FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL INCOME Individual - Income 1,990,225.49 $ 1,351,082.09 $ 1,965,316.66 $ 1,898,198.33 $ 1,983,621.31 $ 1,874,659.17 $ (23,539.16) $ -1% (108,962.14) $ -5% 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ 57,184,422.30 $ 44,437,145.38 $ Estimated Tax 1,196,878.45 $ 2,486,804.00 $ 2,501,426.04 $ 2,342,766.80 $ 1,830,820.91 $ 1,200,893.18 $ (1,141,873.62) $ -49% (629,927.73) $ -34% 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ 60,463,578.41 $ 58,892,756.06 $ Withholding Tax 13,416,544.81 $ 13,140,700.66 $ 13,788,942.98 $ 17,484,682.14 $ 17,802,193.36 $ 17,656,947.45 $ 172,265.31 $ 1% (145,245.91) $ -1% 186,695,812.15 $ 187,360,501.30 $ 195,877,453.51 $ 197,739,254.16 $ 185,722,691.36 $ Extension - $ - $ - $ - $ - $ 3,000.00 $ 3,000.00 $ 3,000.00 $ 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ 35,864,802.93 $ 32,599,013.93 $ Additional Child Tax Credit - $ - $ 5,329,147.55 $ - $ Military - $ - $ 1,555,511.00 $ 1,451,857.00 $ - $ Making Work Pay Credit - $ - $ - $ - $ USVI Cover Over 1,205,724.52 $ 1,205,724.52 $ 1,205,724.52 $ 22,500,000.00 $ 18,500,000.00 $ Sub-total Individual Income 16,603,648.75 $ 16,978,586.75 $ 18,255,685.68 $ 21,725,647.27 $ 21,616,635.58 $ 21,941,224.32 $ 215,577.05 $ 1% 324,588.74 $ 2% 326,898,773.78 $ 339,414,998.17 $ 352,975,468.70 $ 351,252,057.80 $ 340,151,606.73 $ CORPORATE Corporate - Income 307,663.27 $ 294,002.31 $ 218,603.52 $ 175,314.13 $ 659,018.94 $ 340,401.04 $ 165,086.91 $ 94% (318,617.90) $ -48% 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ 12,277,491.05 $ 9,062,693.32 $ Estimated 44,731.00 $ 2,580.00 $ 89,682.00 $ 1,781,199.00 $ 48,279.00 $ 782,509.00 $ (998,690.00) $ -56% 734,230.00 $ 1521% 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ 24,236,863.94 $ 24,266,681.66 $ Extension 12,300.00 $ 235,000.00 $ 2,500.00 $ - $ 72,800.00 $ 9,954.00 $ 9,954.00 $ #DIV/0! (62,846.00) $ -86% 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ 13,183,528.58 $ 12,043,359.96 $ Sub-Total Corporate Income 364,694.27 $ 531,582.31 $ 310,785.52 $ 1,956,513.13 $ 780,097.94 $ 1,132,864.04 $ (823,649.09) $ -42% 352,766.10 $ 45% 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ 49,697,883.57 $ 45,372,734.94 $ Total Income 16,968,343.02 $ 17,510,169.06 $ 18,566,471.20 $ 23,682,160.40 $ 22,396,733.52 $ 23,074,088.36 $ (608,072.04) $ -3% 677,354.84 $ 3% 389,273,711.59 $ 418,529,571.98 $ 429,641,524.65 $ 400,949,941.37 $ 385,524,341.67 $ GROSS RECEIPTS 12,302,056.52 $ 10,472,344.89 $ 11,698,119.69 $ 14,075,118.36 $ 14,515,971.76 $ 18,409,884.37 $ 4,334,766.01 $ 31% 3,893,912.61 $ 27% 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ 160,585,193.36 $ 163,105,269.44 $ EXCISE 1,720,917.36 $ 1,672,466.45 $ 1,445,749.55 $ 2,052,490.82 $ 2,551,410.58 $ 4,423,403.79 $ 2,370,912.97 $ 116% 1,871,993.21 $ 73% 33,646,037.25 $ 23,364,053.35 $ 23,044,374.39 $ 24,175,322.15 $ 25,623,647.96 $ ENTERTAINMENT 500.00 $ - $ - $ - $ - $ 45,210.95 $ 12,237.57 $ 14,466.63 $ 1,030.00 $ 4,544.50 $ MISCELLANEOUS 4,779.94 $ 2,209.00 $ 3,680.00 $ 4,990.00 $ 11,930.50 $ 6,235.50 $ 1,245.50 $ 25% (5,695.00) $ -48% 56,391.48 $ 53,520.00 $ 54,660.06 $ 59,832.75 $ 77,627.26 $ FRANCHISE 290,153.71 $ 282,310.96 $ 272,159.69 $ 251,107.33 $ 73,049.01 $ (199,110.68) $ (178,058.32) $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ 1,070,527.08 $ 1,037,557.90 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 85% - $ - $ - $ - $ 398,990.00 $ 186,260.50 $ 186,260.50 $ (212,729.50) $ -53% - $ - $ - $ - $ 1,058,122.50 $ Total Other Taxes 14,318,407.53 $ 12,147,020.34 $ 13,429,860.20 $ 16,404,758.87 $ 17,729,410.17 $ 23,098,833.17 $ 6,694,074.30 $ 41% 5,369,423.00 $ 30% 188,963,054.71 $ 181,866,904.19 $ 185,337,664.73 $ 185,891,905.34 $ 190,906,769.56 $ Total General Fund 31,286,750.55 $ 29,657,189.40 $ 31,996,331.40 $ 40,086,919.27 $ 40,126,143.69 $ 46,172,921.53 $ 6,086,002.26 $ 15% 6,046,777.84 $ 15% 578,236,766.30 $ 600,396,476.17 $ 614,979,189.38 $ 586,841,846.71 $ 576,431,111.23 $ ARBITRATION DEPOSIT 150,000.00 $ 165,000.00 $ 150,000.00 $ 50,000.00 $ - $ - $ (50,000.00) $ -100% - $ 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ 530,000.00 $ 365,000.00 $ LOANSOME DOVE FUND - $ - $ - $ - $ 125,000.00 $ - $ - $ (125,000.00) $ 260,000.00 $ PRODUCTION - $ - $ - $ - $ - $ - $ - $ - $ 2,364.91 $ - $ - $ - $ - $ FUEL 418,338.75 $ 427,442.14 $ 287,392.07 $ 319,129.16 $ 315,031.39 $ 152,894.84 $ (166,234.32) $ -52% (162,136.55) $ -51% 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ 3,630,925.95 $ 4,285,384.68 $ HIGHWAY USER'S 143,853.28 $ 158,031.52 $ 201,063.20 $ 326,308.12 $ 382,642.40 $ 493,702.93 $ 167,394.81 $ 51% 111,060.53 $ 29% 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ 3,326,797.97 $ 3,614,868.23 $ HOTEL 1,695,825.30 $ 1,703,598.72 $ 1,842,333.84 $ 2,666,537.85 $ 2,696,620.33 $ 1,483,491.34 $ (1,183,046.51) $ -44% (1,213,128.99) $ -45% 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ 28,639,105.26 $ 29,513,822.00 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 15% - $ - $ - $ - $ 70,410.00 $ 32,869.50 $ 32,869.50 $ (37,540.50) $ -53% - $ - $ - $ - $ - $ RACINO 104,500.65 $ 86,859.07 $ 48,983.51 $ - $ - $ - $ - $ - $ 160,422.55 $ 603,601.81 $ 570,864.96 $ 356,204.78 $ 1,232,578.91 $ GROSS CASINO 55,379.39 $ 47,694.79 $ 118,059.89 $ 129,237.94 $ 90,860.26 $ 106,071.98 $ (23,165.96) $ -18% 15,211.72 $ 17% 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ 1,429,528.19 $ 186,727.50 $ INVESTMENT ALTERNATIVE - $ - $ - $ - $ - $ - $ - $ #DIV/0! - $ 164,904.11 $ 139,071.78 $ 141,893.05 $ 134,149.89 $ 130,022.10 $ VEHICLE RENTAL 214,958.61 $ 186,552.41 $ 195,730.75 $ 252,094.45 $ 226,445.50 $ 273,862.06 $ 21,767.61 $ 9% 47,416.56 $ 21% 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ 2,588,063.72 $ 2,610,566.16 $ Total Special Fund 2,782,855.98 $ 2,775,178.65 $ 2,843,563.26 $ 3,743,307.52 $ 3,907,009.88 $ 2,542,892.65 $ (1,200,414.87) $ -32% (1,364,117.23) $ -35% 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ 40,634,775.76 $ 42,198,969.58 $ TOTAL 34,069,606.53 $ 32,432,368.05 $ 34,839,894.66 $ 43,830,226.79 $ 44,033,153.57 $ 48,715,814.18 $ 4,885,587.39 $ 11% 4,682,660.61 $ 11% 613,740,128.97 $ 635,168,187.03 $ 654,116,857.63 $ 627,476,622.47 $ 618,630,080.81 $ 9/24/2018 3:12 PM - Tax_Collections_MTM_2018_11 Government of the Virgin Islands Bureau of Internal Revenue, Office of the Director Revenues Report Month to Month SEPTEMBER- FY's 2013- 2018 SEPTEMBR FY 2013 (9/1/13 - 9/30/13) SEPTEMBER FY 2014 (9/1/14 - 9/30/14) SEPTEMBER FY 2015 (9/1/15 - 9/30/15) SEPTEMBER FY 2016 (9/1/16 - 9/30/16) SEPTEMBER FY 2017 (9/1/17 - 9/30/17) SEPTEMBER FY 2018 (9/1/18 - 9/30/18) DIFF FY16 & FY18 YTD FY 16 & 18 % INC - SEPTEMBER DIFF FY 17 & FY 18 YTD FY 17 & 18 % INC - SEPTEMBER FY 2013 ACTUAL FY 2014 ACTUAL FY 2015 ACTUAL FY 2016 ACTUAL FY 2017 ACTUAL INCOME Individual - Income 6,218,898.15 $ 1,829,223.89 $ 6,577,765.09 $ 6,005,242.99 $ 312,531.04 $ 2,267,937.13 $ (3,737,305.86) $ -62% 1,955,406.09 $ 626% 52,212,356.39 $ 44,320,691.19 $ 60,212,247.15 $ 57,184,422.30 $ 44,437,145.38 $ Estimated Tax 9,048,019.79 $ 13,155,417.26 $ 11,230,725.25 $ 13,547,108.65 $ 5,225,150.95 $ 11,498,560.21 $ (2,048,548.44) $ -15% 6,273,409.26 $ 120% 46,730,949.25 $ 53,954,898.55 $ 61,275,717.34 $ 60,463,578.41 $ 58,892,756.06 $ Withholding Tax 16,092,579.73 $ 15,157,194.69 $ 16,038,837.00 $ 18,333,922.83 $ 4,870,326.44 $ 13,255,904.59 $ (5,078,018.24) $ -28% 8,385,578.15 $ 172% 186,695,812.15 $ 187,360,501.30 $ 195,877,453.51 $ 197,739,254.16 $ 185,722,691.36 $ Extension - $ - $ 34,374,997.44 $ 29,827,050.13 $ 35,610,050.70 $ 35,864,802.93 $ 32,599,013.93 $ Additional Child Tax Credit - $ - $ 5,329,147.55 $ - $ Military - $ - $ 1,555,511.00 $ 1,451,857.00 $ - $ Making Work Pay Credit - $ - $ - $ - $ USVI Cover Over 18,500,000.00 $ 1,441,079.00 $ 1,441,079.00 $ 0% (17,058,921.00) $ -92% 22,500,000.00 $ 18,500,000.00 $ Sub-total Individual Income 31,359,497.67 $ 30,141,835.84 $ 33,847,327.34 $ 37,886,274.47 $ 28,908,008.43 $ 28,463,480.93 $ (9,422,793.54) $ -25% (444,527.50) $ -2% 326,898,773.78 $ 339,414,998.17 $ 352,975,468.70 $ 351,252,057.80 $ 340,151,606.73 $ CORPORATE Corporate - Income 1,624,817.75 $ 2,525,054.98 $ 2,099,694.22 $ 2,634,585.26 $ 192,206.46 $ 905,495.11 $ (1,729,090.15) $ -66% 713,288.65 $ 371% 8,733,764.30 $ 17,491,752.78 $ 9,633,450.28 $ 12,277,491.05 $ 9,062,693.32 $ Estimated 19,131,404.86 $ 17,709,996.10 $ 7,035,289.00 $ 3,030,330.25 $ 2,784,904.00 $ 7,012,706.49 $ 3,982,376.24 $ 131% 4,227,802.49 $ 152% 39,490,675.51 $ 38,727,811.28 $ 42,885,024.76 $ 24,236,863.94 $ 24,266,681.66 $ Extension 59,100.00 $ 12,500.00 $ 295,000.00 $ 139,356.49 $ 3,500.00 $ 5,000.00 $ (134,356.49) $ -96% 1,500.00 $ 43% 14,150,498.00 $ 22,895,009.75 $ 24,147,580.91 $ 13,183,528.58 $ 12,043,359.96 $ Sub-Total Corporate Income 20,815,322.61 $ 20,247,551.08 $ 9,429,983.22 $ 5,804,272.00 $ 2,980,610.46 $ 7,923,201.60 $ 2,118,929.60 $ 37% 4,942,591.14 $ 166% 62,374,937.81 $ 79,114,573.81 $ 76,666,055.95 $ 49,697,883.57 $ 45,372,734.94 $ Total Income 52,174,820.28 $ 50,389,386.92 $ 43,277,310.56 $ 43,690,546.47 $ 31,888,618.89 $ 36,386,682.53 $ (7,303,863.94) $ -17% 4,498,063.64 $ 14% 389,273,711.59 $ 418,529,571.98 $ 429,641,524.65 $ 400,949,941.37 $ 385,524,341.67 $ GROSS RECEIPTS 10,668,142.74 $ 13,063,963.11 $ 13,023,843.49 $ 13,564,327.63 $ 4,189,770.39 $ 17,118,501.92 $ 3,554,174.29 $ 26% 12,928,731.53 $ 309% 154,037,752.57 $ 157,340,692.50 $ 161,129,120.36 $ 160,585,193.36 $ 163,105,269.44 $ EXCISE 1,635,763.17 $ 1,981,133.70 $ 1,802,311.44 $ 2,205,895.78 $ 246,548.24 $ 3,615,532.73 $ 1,409,636.95 $ 64% 3,368,984.49 $ 1366% 33,646,037.25 $ 23,364,053.35 $ 23,044,374.39 $ 24,175,322.15 $ 25,623,647.96 $ ENTERTAINMENT - $ - $ 45,210.95 $ 12,237.57 $ 14,466.63 $ 1,030.00 $ 4,544.50 $ MISCELLANEOUS 2,952.00 $ 4,478.50 $ 4,226.00 $ 7,233.50 $ 1,436.00 $ 5,557.50 $ (1,676.00) $ -23% 4,121.50 $ 287% 56,391.48 $ 53,520.00 $ 54,660.06 $ 59,832.75 $ 77,627.26 $ FRANCHISE - $ - $ 1,177,662.46 $ 1,096,400.77 $ 1,095,043.29 $ 1,070,527.08 $ 1,037,557.90 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 85% 72,597.65 $ 72,597.65 $ 72,597.65 $ 0% - $ - $ - $ - $ 1,058,122.50 $ Total Other Taxes 12,306,857.91 $ 15,049,575.31 $ 14,830,380.93 $ 15,777,456.91 $ 4,437,754.63 $ 20,812,189.80 $ 5,034,732.89 $ 32% 16,374,435.17 $ 369% 188,963,054.71 $ 181,866,904.19 $ 185,337,664.73 $ 185,891,905.34 $ 190,906,769.56 $ Total General Fund 64,481,678.19 $ 65,438,962.23 $ 58,107,691.49 $ 59,468,003.38 $ 36,326,373.52 $ 57,198,872.33 $ (2,269,131.05) $ -4% 20,872,498.81 $ 57% 578,236,766.30 $ 600,396,476.17 $ 614,979,189.38 $ 586,841,846.71 $ 576,431,111.23 $ ARBITRATION DEPOSIT 50,000.00 $ 175,000.00 $ 135,000.00 $ 100,000.00 $ - $ - $ (100,000.00) $ -100% - $ 1,165,000.00 $ 1,040,000.00 $ 1,775,000.00 $ 530,000.00 $ 365,000.00 $ LOANSOME DOVE FUND - $ - $ 260,000.00 $ PRODUCTION 295,279.60 $ - $ - $ 2,364.91 $ - $ - $ - $ - $ FUEL 2,829.76 $ 415,698.36 $ 455,586.14 $ 427,166.63 $ 245,898.09 $ 401,180.69 $ (25,985.94) $ -6% 155,282.60 $ 63% 5,132,037.95 $ 4,358,184.01 $ 5,264,378.37 $ 3,630,925.95 $ 4,285,384.68 $ HIGHWAY USER'S 160,358.08 $ 190,352.96 $ 197,710.29 $ 216,597.92 $ 52,869.48 $ 408,507.36 $ 191,909.44 $ 89% 355,637.88 $ 673% 2,282,571.77 $ 2,838,568.74 $ 3,058,282.15 $ 3,326,797.97 $ 3,614,868.23 $ HOTEL 854,469.04 $ 1,256,231.23 $ 1,626,673.79 $ 1,923,470.77 $ 249,711.54 $ 1,216,388.68 $ (707,082.09) $ -37% 966,677.14 $ 387% 22,204,010.33 $ 22,141,669.91 $ 24,619,877.41 $ 28,639,105.26 $ 29,513,822.00 $ ENVIRONMENTAL INFRASTRUCTURE IMPACT FEE 15% 12,811.35 $ 12,811.35 $ 12,811.35 $ 0% - $ - $ - $ - $ - $ RACINO - $ 146,341.32 $ 77,483.26 $ - $ - $ - $ - $ - $ 0% 160,422.55 $ 603,601.81 $ 570,864.96 $ 356,204.78 $ 1,232,578.91 $ GROSS CASINO 69,026.15 $ 73,605.03 $ 34,768.70 $ 127,925.17 $ 35,630.13 $ 105,997.89 $ (21,927.28) $ -17% 70,367.76 $ 197% 2,064,314.14 $ 1,368,824.06 $ 1,365,756.16 $ 1,429,528.19 $ 186,727.50 $ INVESTMENT ALTERNATIVE - $ - $ 164,904.11 $ 139,071.78 $ 141,893.05 $ 134,149.89 $ 130,022.10 $ VEHICLE RENTAL 139,681.15 $ 175,916.93 $ 197,753.02 $ 223,904.97 $ 82,338.75 $ 190,524.69 $ (33,380.28) $ -15% 108,185.94 $ 131% 2,327,736.91 $ 2,281,790.55 $ 2,341,616.15 $ 2,588,063.72 $ 2,610,566.16 $ Total Special Fund 1,571,643.78 $ 2,433,145.83 $ 2,724,975.20 $ 3,019,065.46 $ 666,447.99 $ 2,335,410.66 $ (683,654.80) $ -23% 1,668,962.67 $ 250% 35,503,362.67 $ 34,771,710.86 $ 39,137,668.25 $ 40,634,775.76 $ 42,198,969.58 $ TOTAL 66,053,321.97 $ 67,872,108.06 $ 60,832,666.69 $ 62,487,068.84 $ 36,992,821.51 $ 59,534,282.99 $ (2,952,785.85) $ -5% 22,541,461.48 $ 61% 613,740,128.97 $ 635,168,187.03 $ 654,116,857.63 $ 627,476,622.47 $ 618,630,080.81 $ 10/16/2018 9:32 AM - Tax_Collections_MTM_2018_12