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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Mar 15, 2012 3:59 PM
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Online Reference 2: Comparative Statement of Revenues, General Fund, For the Periods Ending January 31, 2012, and January 31, 2011

View All Revenue Summaries and Explanations
Return to January 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.

  FY2011
ACTUALS
FY 2012
REVISED
BUDGET
FY 2012
PROJECTED
REVENUES
FY 2012
REVENUES
THRU 1/31/12
% OF
BUDGET
FY 2011
REVENUES
THRU 1/31/11
%
CHANGE
General Property Taxes              
Real Property Taxes $312,641,695 $321,674,773 $325,999,992 $159,195,198 49.5% $151,249,244 5%1 
Personal Property Taxes 34,891,944 34,600,000 36,945,648 35,475,308 102.5% 32,495,820 9%2
Penalties and Interest  2,246,186 1,870,000 1,870,000 989,806 52.9% 917,141 8%
Total Gen. Property Taxes $349,779,825 $358,144,773 $364,815,640 $195,660,312 54.6% $184,662,205 6%
               
Other Local Taxes              
Local Sales and Use Tax $23,880,909 $24,200,000 $24,400,000 $10,098,663 41.7% $9,780,902 3%
Consumer Utility Taxes 10,812,989 11,200,000 11,200,000 5,340,501 47.7% 5,383,297 -1%
Communication Sales and Use Tax 11,259,534 11,600,000 11,100,000 4,515,214 38.9% 4,817,074 -6%3
Business License Taxes 30,444,798 31,825,000 32,000,000 2,432,285 7.6% 2,979,358 -18%4
Transient Lodging Taxes 11,245,201 12,500,000 11,700,000 5,433,970 43.5% 5,381,330 1%
Restaurant Meals Tax 16,214,900 16,300,000 16,300,000 7,607,074 46.7% 7,628,467 0%
Tobacco Taxes 2,777,053 2,900,000 2,900,000 1,361,422 46.9% 1,424,976 -4%
Motor Vehicle License Tax  3,324,937 3,200,000 3,400,000 2,933,903 91.7% 2,805,651 5%2
Real Estate Recordation 3,668,663 3,800,000 4,100,000 2,954,665 77.8% 1,876,897 57%5
Admissions Tax 1,082,685 1,100,000 1,000,000 534,041 48.5% 551,292 -3%
Other Local Taxes  3,547,688 2,705,000 3,285,275 252,880 9.3% 360,227 -30%6
Total Other Local Taxes $118,259,357 $121,330,000 $121,385,275 $43,464,618 35.8% $42,989,471 1%
               
Intergovernmental Revenues              
Revenue from the Federal Government $9,697,509 $9,447,640 $9,950,206 $4,715,357 49.9% $5,159,040 -9%7
Personal Property Tax Relief from the Commonwealth 23,578,531 23,578,531 23,578,531 22,399,604 95.0% 22,399,604 0%
Revenue from the Commonwealth 20,452,569 19,950,485 19,950,485 11,124,981 55.8% 10,741,538 4%
Total Intergovernmental Revenues $53,728,609 $52,976,656 $53,479,222 $38,239,942 72.2% $38,300,182 0%
               
Other Governmental Revenues And Transfers In              
Fines and Forfeitures $4,472,520 $4,764,000 $4,764,000 $2,578,376 54.1% $2,477,990 -4%
Licenses and Permits 2,543,789 2,049,975 2,282,439 1,432,917 69.9% 1,573,573 -9%
Charges for City Services 14,939,668 14,709,303 14,909,303 8,493,842 57.7% 7,794,833 9%8
Revenue from Use of Money & Property 3,591,323 3,570,000 3,420,000 2,501,008 70.1% 2,156,937 16%
Other Revenue  987,727 490,000 490,000 538,677 109.9% 448,974 20%
Transfer from Other Funds 1,446,713 1,666,903 1,666,903 - 0.0% - 0%
Total Other Government Revenues $27,981,740 $27,250,181 $27,532,645 $15,544,820 57.0% $14,452,307 8%
               
TOTAL REVENUE $549,749,531 $559,701,610 $567,212,782 $292,909,692 52.3% $280,404,165 4%
               
Appropriated Fund Balance
General Fund
- $8,961,138 - - - - 0%
Reappropriation of FY 2011
Encumbrances and Other
Supplemental Appropriations
- 10,160,618 - - - - 0%
TOTAL $549,749,531 $578,823,366 $567,212,782 $292,909,692 50.6% $280,404,165 4%


Notes

  1. Real Property Taxes: The increase is primarily the result of the budgeted increase in the real estate tax rate for transportation.
  2. Personal Property Taxes/Motor Vehicle License: The FY 2012 vehicle assessments included 5,000 more cars than the FY 2011 billing. The resulting increase in revenue of approximately $1.0 million has been included in the estimates for FY 2013 budget revenues.
  3. Communication Taxes: The decrease is primarily attributable to a one time refund issued to a large wireless provider who collected taxes on data services for various wireless devices used by their customers. The total amount of the refund including interest was $12.9 million, and the City’s share was $0.3 million.
  4. Business License Taxes: The decrease is a result of the variable timing of tax payments.
  5. Recordation Tax: The increase is primarily the result of the sale and refinancing of a few large commercial properties.
  6. Other Local Taxes: The decrease of 46 percent is a result of the variable timing of quarterly payments for vehicle rental taxes.
  7. Revenue from Federal Government: The decrease primarily represents the timing of payments for the Federal Prisoner Per Diem.
  8. Charges for Service: The increase is the result of a budgeted increase in meter fees (to $1.75/hour) implemented with the installation of the new multi-space meters mid-year in FY 2011.

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

Office Hours:
Monday - Friday
8 a.m. - 5 p.m.