Page 56 - FY 2020-21 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Utility Users Tax - All Sources

(Thousand Dollars)
2016-17 2017-18 2018-19 2019-20 2020-21
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 49,341 53,453 55,690 60,410 63,490 3,080 63,490 55,460
AUGUST 51,333 52,805 54,991 62,195 51,661 (10,534) 51,661 57,500
SEPTEMBER 44,168 52,199 55,540 57,890 59,733 1,843 59,733 54,380
OCTOBER 58,001 54,340 59,229 57,280 54,954 (2,326) 54,954 53,760
NOVEMBER 67,052 50,626 54,976 50,680 54,763 4,083 54,763 47,740
DECEMBER 41,362 59,132 51,474 52,800 53,524 724 53,524 49,500
JANUARY 53,807 46,999 55,700 54,040 51,428 (2,612) 51,428 50,800
FEBRUARY 50,118 45,908 52,251 52,800 49,504 (3,296) 49,504 49,310
MARCH 59,629 59,184 60,692 53,160 58,109 4,949 58,109 50,760
APRIL 56,188 51,000 47,745 50,400 48,430 47,880
MAY 41,353 51,787 53,657 49,490 47,192 48,330
JUNE 52,479 48,420 42,206 51,020 48,202 49,200

TOTAL $ 624,831 $ 625,853 $ 644,152 $ 652,165 $ 640,990 $ 614,620
% Change 1.6% 0.2% 2.9% 1.2% -0.5% -4.1%

2016-17 2017-18 2018-19 2019-20 2020-21
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 49,341 53,453 55,690 60,410 63,490 3,080 63,490 55,460
AUGUST 100,673 106,257 110,681 122,605 115,151 (7,454) 115,151 112,960
SEPTEMBER 144,842 158,457 166,221 180,495 174,884 (5,611) 174,884 167,340
OCTOBER 202,843 212,797 225,451 237,775 229,838 (7,937) 229,838 221,100
NOVEMBER 269,895 263,423 280,426 288,455 284,601 (3,854) 284,601 268,840
DECEMBER 311,257 322,555 331,901 341,255 338,126 (3,129) 338,126 318,340
JANUARY 365,064 369,554 387,601 395,295 389,553 (5,742) 389,553 369,140
FEBRUARY 415,182 415,462 439,852 448,095 439,057 (9,038) 439,057 418,450
MARCH 474,811 474,646 500,544 501,255 497,166 (4,089) 497,166 469,210
APRIL 530,999 525,646 548,289 551,655 545,596 517,090
MAY 572,352 577,433 601,946 601,145 592,788 565,420
JUNE 624,831 625,853 644,152 652,165 640,990 614,620
The utility users tax is (UUT) composed of the electricity (EUT), gas and communications users (CUT) taxes. Its
components are affected by the price of fuel, weather and the changing telecommunications marketplace. UUT
receipts in 2018-198 ended below revised estimates due to EUT remittances being reduced for prior month over
payments and CUT's continuing decline.

Current year receipts-to-date are $4.1 million below plan. The revised 2019-20 plan has been reduced to reflect
lower projected receipts for EUT and CUT, and 2020-21 revenue assumes a decline in all users tax categories.

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