Page 69 - FY 2022-23 Revenue Outlook

Annual Pct Change 11.0% 11.2% 10.8% 11.0% 11.3% 7.4% 5.5% 5.0% 4.6% 6.6% 7.3% 6.6% 2.1% 0.0% -1.1% -3.3% -4.6% 0.2% 1.5% 0.8% 0.0% -1.0% -0.7% 0.5% 4.8% 7.8% 9.5% 10.4% 12.6% 10.7% 10.3% 12.7% 15.1%

Revenue per Deed 6,180 6,250 6,295 6,390 6,447 6,308 6,329 6,351 0.4% 6,363 1.5% 6,439 2.8% 6,483 6,484 6,307 6,248 6,229 6,179 6,149 6,321 6,426 6,399 6,363 6,376 6,435 4.7% 6,516 6,612

Revenue and Deeds Monthly and Annual Statistics - Excludes Legal Entity Transfers

12-MONTH MOVING SUM Annual Pct Change Deeds -10.5% 32,815 -10.5% 32,750 -10.6% 32,502 -8.7% 32,734 -7.7% 32,860 -4.7% 33,429 -1.7% 33,828 34,177 34,329 34,267 -1.5% 32,913 -6.1% 31,217 -6.0% 30,837 -7.7% 30,230 -8.1% 29,877 -7.5% 30,276 -7.3% 30,447 -10.1% 30,043 -9.1% 30,743 -9.6% 30,880
Documentary Transfer Tax - Real Property Transfers

Annual Pct Change -0.6% -0.5% -1.0% 1.3% 2.7% 2.3% 3.7% 5.4% 6.2% 9.5% 5.7% 0.1% -4.1% -7.7% -9.0% -10.6% -11.6% -9.9% -7.7% -9.0% -9.0% -6.4% 3.9% 14.8% 26.1% 35.6% 41.5% 41.5% 43.8% 45.1% 41.4% 44.0% 45.5%

Revenue 202,787,182 204,693,729 204,615,273 209,173,825 211,839,895 210,871,809 214,102,073 217,057,423 218,429,707 220,659,480 213,376,622 202,414,485 194,495,926 188,888,700 186,112,248 187,089,999 187,214,674 189,896,496 197,563,494 197,606,995 198,817,033 206,481,691 221,756,123 232,409,757 245,200,178 256,117,101 263,384,688 264,669,737 269,258,774 275,551,018 279,290,434 284,650,458 289,240,006

Annual Pct Change 22.8% 10.5% 7.4% 18.6% 11.0% -22.8% 1.7% 5.3% 2.2% 19.3% 5.3% -7.1% -33.6% -8.3% -3.1% -8.4% -4.7% 34.4% 9.8% -5.1% -7.5% 2.7% 12.0% 25.5% 33.1% 22.3% 17.9% 0.0% 19.7% 14.0% 12.6% 30.9% 27.3% This table breaks down monthly revenue into components of number of deeds and average revenue per deed to serve as proxy data for sales volume and price for the housing market. Reversing trends seen in 2017-18, the num

Revenue per Deed 7,582 6,471 6,311 7,272 6,402 4,943 7,355 6,527 6,985 6,188 6,049 5,657 5,033 5,933 6,115 6,661 6,101 6,643 8,076 6,193 6,461 6,357 6,775 7,102 6,699 7,256 7,

Annual Pct Change -15.9% -1.7% -7.3% 9.2% 4.3% 22.0% 16.7% 16.9% 7.5% -2.4% -45.3% -53.9% -16.1% -16.3% -11.2% 14.5% 5.6% -12.8% 25.1% 5.7% 16.7% 44.6% 126.9% 83.1% 71.8% 30.0% 20.8% 6.1% 3.0% 17.9% 0.6% 2.4% 0.5% above its pre-recession peak. Forecasts for declining sales and continued price appreciation align with these growth trends.

MONTHLY Deeds 2,356 3,726 3,156 2,749 3,054 3,156 2,791 2,408 2,181 2,552 1,638 1,450 1,976 3,119 2,803 3,148 3,225 2,752 3,491 2,545 2,545 3,690 3,717 2,655 3,394 4,055 3,385 3,341 3,322 3,244 3,512 2,606 2,557

Annual Pct Change 3.3% 8.6% -0.4% 29.5% 15.8% -5.8% 18.7% 23.2% 9.9% 16.4% -42.4% -57.2% -44.3% -23.3% -13.9% 4.9% 0.6% 17.2% 37.4% 0.3% 7.9% 48.5% 154.2% 129.9% 128.6% 59.0% 42.4% 6.1% 23.3% 34.4% 13.3% 34.0% 27.9%

Revenue 17,863,841 24,112,073 19,915,994 19,990,706 19,552,251 15,600,862 20,526,457 15,716,735 15,233,425 15,791,068 9,908,568 8,202,505 9,945,281 18,504,847 17,139,542 20,968,457 19,676,926 18,282,684 28,193,455 15,760,236 16,443,463 23,455,726 25,183,001 18,856,139 22,735,702 29,421,770 24,407,129 22,253,506 24,265,963 24,574,928 31,932,872 21,120,259 21,033,011

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