Page 40 - FY 2021--22 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Property Tax - Homeowner Exemption
(Thousand Dollars)

2017-18 2018-19 2019-20 2020-21 2021-22
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - - -
AUGUST - - - - - - - -
SEPTEMBER - - - - - - - -
OCTOBER - - - - - - - -
NOVEMBER - - - - - - - -
DECEMBER 1,197 1,181 1,191 1,191 1,166 (25) 1,166 1,155
JANUARY 2,793 2,756 2,779 2,779 2,720 (59) 2,720 2,690
FEBRUARY - - - - - - - -
MARCH - - - - - - - -
APRIL - - - - - -
MAY 2,793 2,756 2,779 2,779 2,720 2,690
JUNE 1,197 1,181 1,191 1,191 1,166 1,155
TOTAL $ 7,980 $ 7,875 $ 7,941 $ 7,940 $ 7,771 $ 7,690
% Change -1.1% -1.3% 0.8% 0.0% -2.1% -1.0%
2017-18 2018-19 2019-20 2020-21 2021-22
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - - -
AUGUST - - - - - - - -
SEPTEMBER - - - - - - - -
OCTOBER - - - - - - - -
NOVEMBER - - - - - - - -
DECEMBER 1,197 1,181 1,191 1,191 1,166 (25) 1,166 1,155
JANUARY 3,990 3,938 3,970 3,970 3,885 (85) 3,885 3,845
FEBRUARY 3,990 3,938 3,970 3,970 3,885 (85) 3,885 3,845
MARCH 3,990 3,938 3,970 3,970 3,885 (85) 3,885 3,845
APRIL 3,990 3,938 3,970 3,970 3,885 3,845
MAY 6,783 6,694 6,749 6,749 6,605 6,535
JUNE 7,980 7,875 7,941 7,940 7,771 7,690

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, but declining. This page tracks the State reimbursement made by the County.

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