Page 41 - FY 2022-23 Revenue Outlook

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

2018-19 2019-20 2020-21 2021-22 2022-23
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - - -
AUGUST - - - - - - - -
SEPTEMBE - - - - - - - -
OCTOBER - - - - - - - -
NOVEMBER - - - - - - - -
DECEMBER 1,181 1,191 1,166 1,155 1,166 11 1,166 1,167
JANUARY 2,756 2,779 2,720 2,690 2,721 31 2,721 2,723
FEBRUARY - - - - - - - -
MARCH - - - - - - - -
APRIL - - - - - -
MAY 2,756 2,779 - 2,690 2,721 2,723
JUNE 1,181 1,191 3,885 1,155 1,166 1,167
TOTAL $ 7,875 $ 7,941 $ 7,771 $ 7,690 $ 7,775 $ 7,780
% Change -1.3% 0.8% -2.1% -1.0% 0.1% 0.1%
2018-19 2019-20 2020-21 2021-22 2022-23
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ - - - - - - - -
AUGUST - - - - - - - -
SEPTEMBE - - - - - - - -
OCTOBER - - - - - - - -
NOVEMBER - - - - - - - -
DECEMBER 1,181 1,191 1,166 1,155 1,166 11 1,166 1,167
JANUARY 3,938 3,970 3,885 3,845 3,888 43 3,888 3,890
FEBRUARY 3,938 3,970 3,885 3,845 3,888 43 3,888 3,890
MARCH 3,938 3,970 3,885 3,845 3,888 43 3,888 3,890
APRIL 3,938 3,970 3,885 3,845 3,888 3,890
MAY 6,694 6,749 3,885 6,535 6,609 6,613
JUNE 7,875 7,941 7,771 7,690 7,775 7,780

The first $7,000 of assessed value of a property owner's 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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