MEMO Date: October 2021 To: Audit Finance Committee From: Finance SEPTEMBE CITY‐WIDE TAX REVENUE Real Estate Tax The city collects property tax in the General Fund and the Health, Parks and Recreation Funds. The city receives property taxes in November and therefore the City has no property tax in September. Sales Tax As shown with the red dot on the Sales Tax revenue graph below, September sales tax collections are in line with last year’ collections. SALES TAX REVENUE ‐ GENERAL FUND 002
Annual Sales Tax Revenue General Fund 002 September 30, 2021
2,500,000.00
2,000,000.00 20,000,000 1,500,000.00
18,000,000 16,000,000
5,084,066
17,745,438
6,000,000 -
17,533,711
8,000,000
16,000,000
10,000,000
500,000.00
15,000,000
12,000,000
18,295,167
14,000,000
1,000,000.00
4,000,000 2,000,000 0 2019-20
2020-21
2021-22
2016-17 2017-18 2018-19 2019-20 2020-21 2021-22