Page 41 - FY 2020-21 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Property Tax - Unsecured

(Thousand Dollars)
2016-17 2017-18 2018-19 2019-20 2020-21
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - 0 - -
AUGUST 37,823 40,915 41,527 42,770 45,531 2,761 45,531 46,990
SEPTEMBER - - - - - - 0 - -
OCTOBER - - - - - - 0 - -
NOVEMBER 9,568 9,765 10,903 11,230 9,018 (2,212) 9,018 9,310
DECEMBER - - - - - - 0 - -
JANUARY - - - - - - 0 - -
FEBRUARY - - - - - - 0 - -
MARCH 3,325 2,571 4,464 4,600 4,680 80 4,680 4,830
APRIL 2 - - - - -
MAY - - - - - -
JUNE - - - - - -

TOTAL $ 50,718 $ 53,251 $ 56,894 $ 58,600 $ 59,230 $ 61,130
% Change 1.1% 5.0% 6.8% 3.0% 4.1% 3.2%

2016-17 2017-18 2018-19 2019-20 2020-21
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - - -
AUGUST 37,823 40,915 41,527 42,770 45,531 2,761 45,531 46,990
SEPTEMBER 37,823 40,915 41,527 42,770 45,531 2,761 45,531 46,990
OCTOBER 37,823 40,915 41,527 42,770 45,531 2,761 45,531 46,990
NOVEMBER 47,391 50,680 52,430 54,000 54,550 550 54,550 56,300
DECEMBER 47,391 50,680 52,430 54,000 54,550 550 54,550 56,300
JANUARY 47,391 50,680 52,430 54,000 54,550 550 54,550 56,300
FEBRUARY 47,391 50,680 52,430 54,000 54,550 550 54,550 56,300
MARCH 50,716 53,251 56,894 58,600 59,230 630 59,230 61,130
APRIL 50,718 53,251 56,894 58,600 59,230 61,130
MAY 50,718 53,251 56,894 58,600 59,230 61,130
JUNE 50,718 53,251 56,894 58,600 59,230 61,130
Unsecured property tax is levied on property of common business usage not secured as liens for payment of
taxes. Unsecured property is typically business equipment not attached to a building. Personal residences are
exempt from unsecured property taxes. The estimate for 2019-20 has been revised to reflect actual receipts, as no
significant remittances are expected before July. The estimate for 2020-21 assumes lower receipts considered at
risk as a result of the COVID-19 pandemic and recession.

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