|
TO:
<br />City of Tukwila
<br />Allan Ekberg, Mayor
<br />INFORMATIONAL MEMORANDUM
<br />Mayor Ekberg
<br />Finance Committee
<br />FROM: Peggy McCarthy, Finance Director
<br />BY: Lily Jue, Fiscal Coordinator
<br />DATE: October 3, 2017
<br />SUBJECT: Sales Tax and Miscellaneous Revenue Report - 2nd Quarter 2017
<br />in $1,000's
<br />Second quarter sales tax collections decreased by approximately $277K, or (6%) when compared
<br />with the same period in 2016. There was a decrease in construction sales tax of $45K over the
<br />same quarter last year, or down by 12% as well as a decrease in sales tax from other industries
<br />of $232K which fell by 5% as a result.
<br />13
<br />2016
<br />Actual
<br />2017 Actual
<br />YOY Change
<br />--Month --
<br />Collect-
<br />ed
<br />Rec'd
<br />�
<br />i Other i
<br />Construe- !
<br />Industries i
<br />tion
<br />Total
<br />!
<br />Construe-!
<br />tion i
<br />!
<br />Other !
<br />!
<br />Industries i
<br />Total
<br />Construction
<br />Amount % i
<br />Other
<br />Industries
<br />Amount
<br />! Total
<br />!
<br />% 1 Amount
<br />Jan
<br />Feb
<br />Mar
<br />Mar
<br />Apr
<br />May
<br />$ 99 1
<br />97 1
<br />105 i
<br />$ 1,190 1
<br />1,231 1
<br />1,413 i
<br />$ 1,289
<br />1,328
<br />1,518
<br />$ 123 1
<br />83 j
<br />120 I
<br />$ 1,149 1
<br />1,123 1
<br />1,664 I
<br />$ 1,272
<br />1,206
<br />1,784
<br />$ 24
<br />(14)
<br />15
<br />24%i
<br />-14%i
<br />14%1
<br />$ (41)
<br />(108)
<br />251
<br />-3%1 $ (17)
<br />-9%i (122)
<br />18%i 266
<br />-1%
<br />-9%
<br />18%
<br />Q-1 Totals
<br />$ 301 1
<br />3,834 1
<br />$ 4,135
<br />$ 326 1
<br />3,936 1
<br />$ 4,262
<br />$ 25
<br />8%1
<br />102
<br />3%1 $ 127
<br />3%
<br />Apr
<br />May
<br />Jun
<br />Jun
<br />Jul
<br />Aug
<br />105 i
<br />119 1
<br />139 !
<br />1,336 i
<br />1,361 1
<br />1,553 !
<br />1,440
<br />1,480
<br />1,692
<br />92 i
<br />106 i
<br />119 !
<br />1,316 i
<br />1,315 i
<br />1,387 !
<br />1,408
<br />1,421
<br />1,506
<br />(13)
<br />(12)
<br />(20)
<br />-12%1
<br />-10%i
<br />-14%1
<br />(20)
<br />(46)
<br />(166)
<br />-1%i (33)
<br />-3%i (59)
<br />-11%! (185)
<br />-2%
<br />-4%
<br />-11%
<br />Q-2 Totals
<br />$ 362 !
<br />4,250 !
<br />$ 4,612
<br />$ 317 !
<br />4,018 !
<br />$ 4,335
<br />$ (45)
<br />-12%!
<br />(232)
<br />-5%! $ (277)
<br />-6%
<br />Jul
<br />Aug
<br />Sep
<br />Sep
<br />Oct
<br />Nov
<br />109 !
<br />111 !
<br />115 i
<br />1,428 !
<br />1,438 !
<br />1,444 i
<br />1,537
<br />1,549
<br />1,559
<br />- !
<br />- !
<br />- i
<br />- !
<br />- !
<br />!
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />!
<br />!
<br />-
<br />-
<br />-
<br />! -
<br />! -
<br />! -
<br />Q-3 Totals
<br />$ 335 i
<br />4,310 i
<br />$ 4,645
<br />$ - !
<br />i
<br />$ -
<br />$ -
<br />-
<br />-
<br />-$ -
<br />i
<br />-
<br />Oct
<br />Nov
<br />Dec
<br />Dec
<br />Jan
<br />Feb
<br />143 1
<br />126 1
<br />118 ;
<br />i
<br />1,263 !
<br />1,368 !
<br />1,852 i
<br />1,406
<br />1,494
<br />1,970
<br />-
<br />- '-
<br />-1
<br />- i
<br />i
<br />- ;
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />i
<br />!
<br />i
<br />--
<br />-
<br />-
<br />j -
<br />i -
<br />Q-4 Totals
<br />$ 386 1
<br />4,484 i
<br />$ 4,870
<br />$ - I
<br />I
<br />$
<br />$
<br />-
<br />-
<br />-I $
<br />Totals
<br />$ 1,385 i
<br />16,878 i
<br />$ 18,262
<br />$ 643 i
<br />7,954 i
<br />$ 8,597
<br />$ (20)
<br />i
<br />(130)
<br />i $ (150)
<br />Second quarter sales tax collections decreased by approximately $277K, or (6%) when compared
<br />with the same period in 2016. There was a decrease in construction sales tax of $45K over the
<br />same quarter last year, or down by 12% as well as a decrease in sales tax from other industries
<br />of $232K which fell by 5% as a result.
<br />13
<br />
|