Page 42 - FY 2020-21 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Property Tax - Homeowner Exemption

(Thousand Dollars)
2016-17 2017-18 2018-19 2019-20 2020-21
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - 0 - -
AUGUST - - - - - - 0 - -
SEPTEMBER - - - - - - 0 - -
OCTOBER - - - - - - 0 - -
NOVEMBER - - - - - - 0 - -
DECEMBER 1,211 1,197 1,181 1,166 1,191 25 1,191 1,191
JANUARY 2,825 2,793 2,756 2,720 2,779 59 2,779 2,779
FEBRUARY - - - - - - 0 - -
MARCH - - - - - - 0 - -
APRIL - - - - - -
MAY 2,825 2,793 2,756 2,720 2,779 2,779
JUNE 1,211 1,197 1,181 1,166 1,191 1,191

TOTAL $ 8,071 $ 7,980 $ 7,875 $ 7,772 $ 7,941 $ 7,940
% Change -0.5% -1.1% -1.3% -1.3% 0.8% 0.0%

2016-17 2017-18 2018-19 2019-20 2020-21
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - - -
AUGUST - - - - - - - -
SEPTEMBER - - - - - - - -
OCTOBER - - - - - - - -
NOVEMBER - - - - - - - -
DECEMBER 1,211 1,197 1,181 1,166 1,191 25 1,191 1,191
JANUARY 4,035 3,990 3,938 3,886 3,970 84 3,970 3,970
FEBRUARY 4,035 3,990 3,938 3,886 3,970 84 3,970 3,970
MARCH 4,035 3,990 3,938 3,886 3,970 84 3,970 3,970
APRIL 4,035 3,990 3,938 3,886 3,970 3,970
MAY 6,860 6,783 6,694 6,606 6,749 6,749
JUNE 8,071 7,980 7,875 7,772 7,941 7,940
The first $7,000 of assessed value of a property owners primary residence is exempt from local property tax. The
State reimburses local governments for the lost tax revenue from this exemption. This reimbursement has been
stable. This page tracks the State reimbursement made by the County.

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