Page 64 - FY 2021--22 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Utility Users Tax - All Sources
(Thousand Dollars)

2017-18 2018-19 2019-20 2020-21 2021-22
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 53,453 55,690 63,490 55,460 57,010 1,550 57,010 52,340
AUGUST 52,805 54,991 51,661 57,500 51,967 (5,533) 51,967 54,400
SEPTEMBER 52,199 55,540 59,733 54,380 53,172 (1,208) 53,172 51,120
OCTOBER 54,340 59,229 54,954 53,760 53,286 (474) 53,286 50,080
NOVEMBER 50,626 54,976 54,763 47,740 48,182 442 48,182 45,980
DECEMBER 59,132 51,474 53,524 49,500 51,033 1,533 51,033 49,090
JANUARY 46,999 55,700 51,428 50,800 50,350 (450) 50,350 50,450
FEBRUARY 45,908 52,251 49,504 49,310 50,000 690 50,000 48,800
MARCH 59,184 60,692 61,298 50,760 51,394 634 51,394 51,270
APRIL 51,000 47,745 46,226 47,880 47,451 47,370
MAY 51,787 53,657 46,951 48,330 46,670 47,020
JUNE 48,420 42,206 44,848 49,200 46,986 47,480
TOTAL $ 625,853 $ 644,152 $ 638,379 $ 614,620 $ 607,500 $ 595,400
% Change 0.2% 2.9% -0.9% -3.7% -4.8% -2.0%
2017-18 2018-19 2019-20 2020-21 2021-22
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 53,453 55,690 63,490 55,460 57,010 1,550 57,010 52,340
AUGUST 106,257 110,681 115,151 112,960 108,976 (3,984) 108,976 106,740
SEPTEMBER 158,457 166,221 174,884 167,340 162,148 (5,192) 162,148 157,860
OCTOBER 212,797 225,451 229,838 221,100 215,434 (5,666) 215,434 207,940
NOVEMBER 263,423 280,426 284,601 268,840 263,616 (5,224) 263,616 253,920
DECEMBER 322,555 331,901 338,126 318,340 314,649 (3,691) 314,649 303,010
JANUARY 369,554 387,601 389,553 369,140 364,999 (4,141) 364,999 353,460
FEBRUARY 415,462 439,852 439,057 418,450 414,999 (3,451) 414,999 402,260
MARCH 474,646 500,544 500,355 469,210 466,393 (2,817) 466,393 453,530
APRIL 525,646 548,289 546,581 517,090 513,844 500,900
MAY 577,433 601,946 593,532 565,420 560,514 547,920
JUNE 625,853 644,152 638,379 614,620 607,500 595,400

The utility users tax (UUT) is 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.

The 2020-21 estimate has been reduced to reflect lower projected receipts for EUT and CUT, offset by higher gas
users taxes. The 2021-22 decline is largely due to the continuing decrease in CUT revenue.

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