Page 87 - FY 2021--22 Revenue Outlook

REVENUE MONTHLY STATUS REPORT
Interest Income
(Thousand Dollars)

2017-18 2018-19 2019-20 2020-21 2021-22
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 9,371 19,663 28,960 12,822 14,727 1,905 14,727 9,324
AUGUST 2,177 (2,506) (15,169) 2,581 5,478 2,897 5,478 (568)
SEPTEMBER (3,914) (7,636) 16,880 462 (2,251) (2,713) (2,251) 1,366
OCTOBER 9,761 15,123 (4,909) 3,739 (9,762) (13,501) (9,762) 1,939
NOVEMBER (778) (2,211) (5,342) 2,780 22,289 19,509 22,289 1,260
DECEMBER (4,238) (190) 17,440 1,968 (9,020) (10,988) (9,020) 2,573
JANUARY 12,755 5,421 (130) 2,085 (2,972) (5,057) (2,972) 351
FEBRUARY (3,698) 2,950 (7,505) 5,186 5,701 515 5,701 1,192
MARCH (3,285) (7,689) 15,777 (922) 8,960 9,882 8,960 221
APRIL 10,511 17,884 (1,602) 2,622 (2,513) 2,391
MAY 366 (2,721) 1,248 6,239 (2,514) 2,269
JUNE (4,114) (3,989) 780 (4,949) (2,514) (3,115)
TOTAL $ 24,916 $ 34,099 $ 46,429 $ 34,613 $ 25,609 $ 19,203
% Change 18.3% 36.9% 36.2% -25.4% -44.8% -25.0%
2017-18 2018-19 2019-20 2020-21 2021-22
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 9,371 19,663 28,960 12,822 14,727 1,905 14,727 9,324
AUGUST 11,549 17,157 13,790 15,403 20,205 4,802 20,205 8,756
SEPTEMBER 7,634 9,521 30,670 15,865 17,954 2,089 17,954 10,122
OCTOBER 17,395 24,644 25,762 19,604 8,192 (11,412) 8,192 12,061
NOVEMBER 16,617 22,433 20,420 22,384 30,481 8,097 30,481 13,321
DECEMBER 12,380 22,243 37,860 24,352 21,460 (2,892) 21,460 15,894
JANUARY 25,135 27,664 37,730 26,437 18,488 (7,949) 18,488 16,245
FEBRUARY 21,437 30,614 30,225 31,623 24,189 (7,434) 24,189 17,437
MARCH 18,152 22,926 46,003 30,701 33,150 2,449 33,150 17,658
APRIL 28,664 40,809 44,400 33,323 30,637 20,049
MAY 29,030 38,088 45,648 39,562 28,123 22,318
JUNE 24,916 34,099 46,429 34,613 25,609 19,203

The adopted and revised estimates are provided by the Office of Finance. Interest income credited to the General
Fund through March is not a predictor of current year receipts since the amounts shown include interest earnings
that must be credited to proprietary departments and special funds before the end of the fiscal year. These
transfers are reflected as negative receipts in the actual column in the table above. The 2020-21 and 2021-22
estimates were provided by the Office of Finance and reflect lower realized and presumed earnings on
investments, as well as the anticipated receipt of American Rescue Plan funds.

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