Page 64 - FY 2022-23 Revenue Outlook

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

2018-19 2019-20 2020-21 2021-22 2022-23
MONTHLY ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 55,690 63,490 57,010 52,970 51,198 (1,772) 51,272 54,370
AUGUST 54,991 51,661 51,967 55,195 133,979 78,784 53,950 54,830
SEPTEMBE 55,540 59,733 53,172 51,865 (39,991) (91,856) 53,169 50,900
OCTOBER 59,229 54,954 53,286 50,810 49,294 (1,516) 51,083 51,040
NOVEMBER 54,976 54,763 48,182 46,625 46,664 39 49,693 46,730
DECEMBER 51,474 53,524 51,033 49,775 49,217 (558) 50,044 48,790
JANUARY 55,700 51,428 50,350 51,125 51,186 61 53,019 53,050
FEBRUARY 52,251 49,504 50,000 49,400 73,347 23,947 73,798 53,080
MARCH 60,692 61,298 51,394 51,930 48,667 (3,263) 48,667 51,670
APRIL 47,745 46,226 55,108 48,650 42,330 52,270
MAY 53,657 46,951 43,317 48,110 43,720 48,740
JUNE 42,206 44,848 50,421 48,595 42,806 48,630
TOTAL $ 644,152 $ 638,379 $ 615,238 $ 605,050 $ 613,550 $ 614,100
% Change 2.9% -0.9% -3.6% -1.7% -0.3% 0.1%
2018-19 2019-20 2020-21 2021-22 2022-23
CUMULATIVE ACTUAL ACTUAL ACTUAL BUDGET ACTUAL VARIANCE REVISED PROPOSED
JULY $ 55,690 63,490 57,010 52,970 51,198 (1,772) 51,272 54,370
AUGUST 110,681 115,151 108,976 108,165 185,177 77,012 105,222 109,200
SEPTEMBE 166,221 174,884 162,148 160,030 145,186 (14,844) 158,391 160,100
OCTOBER 225,451 229,838 215,434 210,840 194,480 (16,360) 209,474 211,140
NOVEMBER 280,426 284,601 263,616 257,465 241,144 (16,321) 259,166 257,870
DECEMBER 331,901 338,126 314,649 307,240 290,361 (16,879) 309,210 306,660
JANUARY 387,601 389,553 364,999 358,365 341,547 (16,818) 362,229 359,710
FEBRUARY 439,852 439,057 414,999 407,765 414,894 7,129 436,027 412,790
MARCH 500,544 500,355 466,393 459,695 463,561 3,866 484,694 464,460
APRIL 548,289 546,581 521,501 508,345 527,024 516,730
MAY 601,946 593,532 564,818 556,455 570,744 565,470
JUNE 644,152 638,379 615,238 605,050 613,550 614,100

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 2021-22 estimate has been increased to reflect higher projected receipts for CUT and gas users tax, offset
by lower projected receipts for EUT. The 2022-23 increase is largely due to the increase in gas user tax revenue.

Utility Users Tax -12-Month Moving Sum
(MIiiion Dollars)
670
-Actual
660 □ Adopted Revenue
. -"'
650 • Estimated Revenue _A r.A.
1· y ,. . JV \ ..
640 Al\. .&
630 \ "
~ /'v ~ V\ V\l\f' \
620 A ,~ 2.6-
C,
.. J- ~ '\I\ ) "~ ,, 4
610 V'I ' V - 61-~
600 \I J
V 60 :>.1
590
12 13 14 15 16 17 18 19 20 21 22 23
Fiscal Year Ending

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