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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated May 13, 2011 1:47 PM
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Online Reference 2:  Comparative Statement of Revenues, General Fund, For the Periods Ending March 31, 2011, and March 31, 2010

View All Revenue Summaries and Explanations 
Return to March Financial Report         

NOTE:  Click on any of the highlighted revenue categories below to see the revenue summary for that category or click on the link above to view all revenue summaries and explanations.  Click on any highlighted number for notes.   

  FY 2010
ACTUALS
FY 2011
REVISED
BUDGET
FY 2011
PROJECTED
REVENUES
FY 2011
REVENUES
THRU 3/31/11
% OF
BUDGET
FY 2010
REVENUES
THRU 3/31/10
%
CHANGE
General Property Taxes              
Real Property Taxes $302,666,192 $296,237,904 $307,976,901 $152,957,884 51.6% $151,190,021 1%
Personal Property Taxes 32,923,178 32,300,000 34,600,000 33,577,507 104.0% 31,764,903 6%
Penalties and Interest  1,631,548 1,870,000 1,870,000 1,469,333 78.6% 1,071,853 37%
Total Gen. Property Taxes $337,220,918 $330,407,904 $344,446,901 $188,004,724 56.9% $184,026,777 2%
               
Other Local Taxes              
Local Sales and Use Tax $22,744,483 $23,500,000 $23,700,000 $13,695,307 58.3% $13,359,948 3%
Consumer Utility Taxes 10,462,233 10,500,000 10,900,000 7,295,362 69.5% 6,907,354 6%
Communication Sales and Use Tax 11,315,541 11,600,000 11,600,000 6,760,830 58.3% 6,537,345 3%
Business License Taxes 30,295,624 30,200,000 29,250,000 27,169,594 90.0% 26,978,008 1%
Transient Lodging Taxes 10,824,410 11,100,000 11,600,000 6,735,758 60.7% 6,303,665 7%
Restaurant Meals Tax 14,908,999 15,400,000 15,700,000 10,064,680 65.4% 9,372,474 7%
Tobacco Taxes 2,910,382 2,900,000 2,900,000 1,829,272 63.1% 1,925,281 -5%1 
Motor Vehicle License Tax  3,172,254 3,200,000 3,200,000 3,045,549 95.2% 2,922,231 4%
Real Estate Recordation 3,313,547 3,800,000 3,800,000 2,377,347 62.6% 2,157,946 10%
Admissions Tax 1,125,172 1,200,000 1,100,000 687,884 57.3% 760,675 -10%
Other Local Taxes  3,298,706 3,030,000 2,730,000 549,096 18.1% 603,422 -9%
Total Other Local Taxes $114,371,351 $116,430,000 $116,480,000 $80,210,679 68.9% $77,828,349 3%
               
Intergovernmental Revenues               
Revenue from the Federal Government  $8,804,712 $8,826,689 $9,206,344 $6,419,463 72.7% $4,780,765 34%2 
Personal Property Tax Relief from the Commonwealth  23,578,531 23,578,531 23,578,531 23,106,960 98.0% 23,106,960 0%
Revenue from the Commonwealth  20,082,668 19,769,080 20,098,964 15,040,056 76.1% 15,241,461

-1%

Total Intergovernmental Revenues $52,465,911 $52,174,300 $52,883,839 $44,566,479 85.4% $43,129,186 3%
               
Other Governmental Revenues And Transfers In              
Fines and Forfeitures  $3,941,372 $4,646,020 $4,494,000 $3,267,684 70.3% $2,852,695 15%
License and Permits  4,811,588 1,802,010 $1,986,975 1,901,633 105.5% 3,411,932 -44%3
Charges for City Services 13,803,578 14,902,302 14,425,471 9,369,557 62.9% 8,408,307 11%4 
Revenue from Use of Money & Property 3,033,638 4,010,000 3,330,000 2,779,503 69.3% 2,577,328 8%
Other Revenue  787,960 783,700 763,000 699,051 89.2% 547,823 28%
Transfer from Other Funds 1,301,560 1,446,713 1,446,713 - 0.0% - 0%
Total Other Government Revenues $27,679,696 $27,590,745 $26,446,159 $18,017,428 65.3% $17,798,085 1%
               
TOTAL REVENUE $531,737,876 $526,602,949 $540,256,899 $330,799,3105 62.8% $322,782,397 2%
               
Appropriated Fund Balance
General Fund
- $5,499,291 $5,499,291 - - - 0%
Reappropriation of FY 2010
  Encumbrances and Other
  Supplemental Appropriations
- 7,272,932 - - - - 0%
TOTAL $531,737,876 $539,375,172 $545,756,190 $330,799,310 61.3% $322,782,397 2%


Notes

  1. Tobacco Taxes: The decrease in this category is primarily attributable to the increase in the tax rate. There is some anecdotal evidence of a sales drop off related to smoking bans.
  2. Revenue from the Federal Government:  The City has received $1.2 million in FY 2011 for the Build America Bonds subsidy as compared to $0.4 million in FY 2010.
  3. Licenses and Permits: The category decrease is due to the transfer of the approximate $3.8 million budget for new construction fees from the General Fund to a special revenue account beginning July 1, 2010, where they will be used to cover the cost of Code Enforcement’s New Construction Division, which is now self-financed from these permit fees.
  4. Charges for City Services: The increase primarily represents a budgeted increase for fire retesting fees and parking meter receipts.
  5. Year-to-Date Revenues:  As of March 31, 2011, actual General Fund revenues totaled $330.8 million, which is 2.5 percent higher than FY 2010 revenues for the same period last year.  Most of this increase is related to general property tax and the other local tax categories, which are up 2.0 percent and 3.0 percent respectively over last year.  This report includes the April re-estimates described in Budget Memo # 52, which anticipate an additional $1.7 million in revenues for FY 2011.

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301 King St.
Alexandria, VA 22314
703.746.3900
Fax: 703.838.4987
E-mail

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8 a.m. - 5 p.m.