Gross Receipts to Treasury

MONTHLY COMPARISON

PRELIMINARY

August-15

(In $ millions)

`
Variance From Prior Year
$
%

August-16

Income Tax
Gross Production
Sales Tax (1)
Motor Vehicle
Other Sources (2)

258.17
40.84
372.77
65.72
129.05

254.20
31.81
351.22
68.67
126.31

-3.97
-9.02
-21.54
2.95
-2.74

-1.5%
-22.1%
-5.8%
4.5%
-2.1%

TOTAL REVENUE

866.55

832.22

-34.33

-4.0%

(1) Includes Collections for Counties and Municipalities

(2) Gross Collections from OTC
Details may not sum due to rounding.

Monthly Gross Receipts vs. Prior Year

September 2015 August 2016

Dollar Variance in Millions from Same Month of Prior Year
$50
$25
$0
-$25
-$50
-$75
-$100
Income Tax
Sales Tax

-$125

15

ep

15

tOc

Gross Production
Motor Vehicle

-15

v
No

-1
ec

Other

-1
an

16

eb

16

rMa

16

rAp

-16

y
Ma

-16

n
Ju

16

lJu

-16

g
Au

OfficeoftheStateTreasurer

Gross Receipts to Treasury

12 Month Period Ending
SEPT 2015 - AUG 2016

PRELIMINARY

Prior Year

Current Year

SEPT2014AUG2015

(In $ millions)

Summary

SEPT2015AUG2016

Variance From Prior Year

$

Income Tax
Gross Production
Sales Tax (1)
Motor Vehicle
Other Sources (2)

4,404.95
627.25
4,459.78
768.41
1,642.35

4,087.03
347.04
4,242.42
753.11
1,569.35

-317.92
-280.21
-217.37
-15.30
-73.00

-7.2%
-44.7%
-4.9%
-2.0%
-4.4%

TOTAL REVENUE

11,902.74

10,998.94

-903.80

-7.6%

(1) Includes Collections for Counties and Municipalities

(2) Gross Collections from OTC
Details may not sum due to rounding.

12-Month Gross Receipts

12-months ending August 2008 12-months ending August 2016

(in millions)
$13,000
$12,103
Feb-15
$12,000
$11,284
Dec-08
$11,000

$10,999
Aug-16
$9,364
Feb-10

$10,000

$9,000
08

g-

Au

09

g-

Au

10

g-

Au

11

g-

Au

12

g-

Au

13

g-

Au

14

g-

Au

15

g-

Au

16

g-

Au

NOTE: Shaded area denotes U.S. recession.

OfficeoftheStateTreasurer

Gross Receipts to Treasury

Total Gross Production Tax Collections
$90
$80

Prior 12 months

(in millions)

$70
$60
$50

Most recent 12 months

$40
$30
$20
$10
Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Revenue Sources as Percentage of Whole

12 months ending
August 2016

August 2016

15%
8%

31%
4%

42%

14%
7%

Income Tax
Gross Production
Sales Tax (1)
Motor Vehicle
Other (2)

39%

37%
3%

Numbers may not sum due to rounding.

(1) Includes Collections for Counties and Municipalities

(2) Gross Collections from OTC

Office of the State Treasurer