Page 39 - FY 2021--22 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Property Tax - Unsecured
(Thousand Dollars)

2017-18 2018-19 2019-20 2020-21 2021-22
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - - -
AUGUST 40,915 41,527 45,531 46,990 43,743 (3,247) 43,743 42,680
SEPTEMBER - - - - - - - -
OCTOBER - - - - - - - -
NOVEMBER 9,765 10,903 9,018 9,310 6,941 (2,369) 6,941 6,770
DECEMBER - - - - - - - -
JANUARY - - - - - - - -
FEBRUARY - - - - - - - -
MARCH 2,571 4,464 4,680 4,830 7,098 2,268 7,098 6,930
APRIL - - - - - -
MAY - - - - - -
JUNE - - - - - -
TOTAL $ 53,251 $ 56,894 $ 59,230 $ 61,130 $ 57,782 $ 56,380
% Change 5.0% 6.8% 4.1% 3.2% -2.4% -2.4%
2017-18 2018-19 2019-20 2020-21 2021-22
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - - -
AUGUST 40,915 41,527 45,531 46,990 43,743 (3,247) 43,743 42,680
SEPTEMBER 40,915 41,527 45,531 46,990 43,743 (3,247) 43,743 42,680
OCTOBER 40,915 41,527 45,531 46,990 43,743 (3,247) 43,743 42,680
NOVEMBER 50,680 52,430 54,550 56,300 50,684 (5,616) 50,684 49,450
DECEMBER 50,680 52,430 54,550 56,300 50,684 (5,616) 50,684 49,450
JANUARY 50,680 52,430 54,550 56,300 50,684 (5,616) 50,684 49,450
FEBRUARY 50,680 52,430 54,550 56,300 50,684 (5,616) 50,684 49,450
MARCH 53,251 56,894 59,230 61,130 57,782 (3,348) 57,782 56,380
APRIL 53,251 56,894 59,230 61,130 57,782 56,380
MAY 53,251 56,894 59,230 61,130 57,782 56,380
JUNE 53,251 56,894 59,230 61,130 57,782 56,380

Unsecured property tax is levied on property of common business usage that are not secured as liens for
payment of taxes and is typically business equipment and machinery not attached to a building. Aircraft and
watercraft are also considered unsecured property and are subject to taxation. The estimate for 2020-21 has
been revised downward to reflect lower actual receipts. The estimate for 2021-22 assumes a similar decline to
reflect the delayed impact of the pandemic-economy on valuations.

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