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INFORMATIONAL MEMO
<br />Page 2
<br />Budget to Actual - Sales Tax in $1,000's
<br />Schedule I - Sales Tax
<br />While the fourth quarter sales tax came in slightly below budget for the quarter, the 2016 actual
<br />sales tax collections came in $308K (2 %) above the amended budget for the year.
<br />WAFIN Projects \Sales Tax Information\2016 \Info Memo Sales Tax - 2016 -Q4 2016MEMO (Mar 2017).docx
<br />I l�J
<br />2015
<br />2016
<br />Variance [Actual
<br />Over (Under) Amended
<br />- Month -
<br />Budget]
<br />Collect-
<br />Original
<br />Amended
<br />ed
<br />Rec'd
<br />I
<br />Actual
<br />Budget
<br />Budget
<br />Actual
<br />I
<br />Amt
<br />%
<br />Jan
<br />Mar
<br />$
<br />1,280
<br />$
<br />1,162
<br />$
<br />1,231
<br />$
<br />1,289
<br />58
<br />5%
<br />Feb
<br />Apr
<br />1,313
<br />$
<br />1,193
<br />$
<br />1,263
<br />1,328
<br />65
<br />5%
<br />Mar
<br />May
<br />1,462
<br />$
<br />1,328
<br />$
<br />1,406
<br />1,518
<br />112
<br />8%
<br />Q -1 Totals
<br />$
<br />4,055
<br />$
<br />3,683
<br />$
<br />3,900
<br />$
<br />4,135
<br />$
<br />235
<br />6%
<br />Apr
<br />Jun
<br />1,319
<br />$
<br />1,198
<br />$
<br />1,269
<br />1,440
<br />171
<br />14%
<br />May
<br />Jul
<br />1,544
<br />$
<br />1,403
<br />$
<br />1,486
<br />1,480
<br />(6)
<br />0%
<br />Jun
<br />Aug
<br />1,762
<br />$
<br />1,601
<br />$
<br />1,695
<br />1,692
<br />4
<br />0%
<br />Q -2 Totals
<br />$
<br />4,626
<br />$
<br />4,202
<br />$
<br />4,450
<br />$
<br />4,612
<br />$
<br />162
<br />4%
<br />Jul
<br />Sep
<br />1,748
<br />$
<br />1,588
<br />$
<br />1,681
<br />1,537
<br />(144)
<br />-9%
<br />Aug
<br />Oct
<br />1,596
<br />$
<br />1,450
<br />$
<br />1,535
<br />1,549
<br />14
<br />1%
<br />Sep
<br />Nov
<br />1,572
<br />$
<br />1,428
<br />$
<br />1,513
<br />1,559
<br />47
<br />3%
<br />Q -3 Totals
<br />$
<br />4,916
<br />$
<br />4,466
<br />$
<br />4,729
<br />$
<br />4,645
<br />$
<br />83
<br />-2%
<br />Oct
<br />Dec
<br />1,507
<br />$
<br />1,369
<br />$
<br />1,450
<br />1,406
<br />(45)
<br />-3%
<br />Nov
<br />Jan
<br />1,469
<br />$
<br />1,334
<br />$
<br />1,413
<br />1,494
<br />81
<br />6%
<br />Dec
<br />Feb
<br />2,092
<br />$
<br />1,901
<br />$
<br />2,012
<br />1,970
<br />42
<br />-2%
<br />Q-4 Totalsj
<br />$
<br />5,067
<br />$
<br />4,604
<br />$
<br />4,875
<br />$
<br />4,870
<br />1 $
<br />5
<br />0%
<br />Totals
<br />$
<br />18,664
<br />$
<br />16,954
<br />$
<br />17,954
<br />$
<br />18,262
<br />$
<br />308
<br />2%
<br />While the fourth quarter sales tax came in slightly below budget for the quarter, the 2016 actual
<br />sales tax collections came in $308K (2 %) above the amended budget for the year.
<br />WAFIN Projects \Sales Tax Information\2016 \Info Memo Sales Tax - 2016 -Q4 2016MEMO (Mar 2017).docx
<br />I l�J
<br />
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