Page 42 - FY 2021--22 Revenue Outlook

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

2017-18 2018-19 2019-20 2020-21 2021-22
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 2,121 2,515 3,542 3,675 3,720 45 3,720 3,660
AUGUST 1,930 2,303 2,954 3,065 3,618 553 3,618 3,075
SEPTEMBER - - - - - - - -
OCTOBER - - - - - - - -
NOVEMBER 4,612 6,413 9,090 9,432 6,119 (3,313) 6,119 6,530
DECEMBER 2,260 1,016 928 963 793 (170) 793 850
JANUARY 5,030 4,438 4,552 4,723 5,273 550 5,273 5,630
FEBRUARY 3,530 4,317 3,106 3,223 3,690 467 3,690 3,940
MARCH 2,385 2,880 2,488 2,582 2,461 (121) 2,461 2,630
APRIL 1,856 3,184 2,573 3,486 3,596 3,840
MAY 7,110 7,063 4,219 7,740 6,670 7,120
JUNE 3,722 5,141 5,587 5,530 4,860 5,380
TOTAL $ 34,555 $ 39,270 $ 39,039 $ 44,419 $ 40,800 $ 42,655
% Change 12.0% 13.6% -0.6% 13.8% 4.5% 4.5%
2017-18 2018-19 2019-20 2020-21 2021-22
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 2,121 2,515 3,542 3,675 3,720 45 3,720 3,660
AUGUST 4,050 4,818 6,496 6,740 7,339 599 7,339 6,735
SEPTEMBER 4,050 4,818 6,496 6,740 7,339 599 7,339 6,735
OCTOBER 4,050 4,818 6,496 6,740 7,339 599 7,339 6,735
NOVEMBER 8,662 11,231 15,586 16,172 13,457 (2,715) 13,457 13,265
DECEMBER 10,923 12,247 16,514 17,135 14,250 (2,885) 14,250 14,115
JANUARY 15,952 16,685 21,066 21,858 19,523 (2,335) 19,523 19,745
FEBRUARY 19,482 21,002 24,172 25,081 23,213 (1,868) 23,213 23,685
MARCH 21,868 23,882 26,660 27,663 25,674 (1,989) 25,674 26,315
APRIL 23,724 27,066 29,233 31,149 29,270 30,155
MAY 30,834 34,129 33,451 38,889 35,940 37,275
JUNE 34,555 39,270 39,039 44,419 40,800 42,655

The levy of property taxes is based on the lien date of January 1. Properties assessed after the lien date due to
real estate sales or improvements are supplemental taxes which are distributed to taxing jurisdictions about six
months following receipt by the County. The real estate boom created an environment for a high level of
supplemental adjustments. Receipts bottomed out in 2009-10. Receipts from 2014-15 through the current year
have been steadily increasing with modest price appreciation and low sales volume.
The 2019-20 estimate has been decreased to reflect the current trend in receipts. The same growth is assumed
to continue for 2021-22.

33