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

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.

  FY2011
ACTUALS
FY 2012
REVISED
BUDGET
FY 2012
PROJECTED
REVENUES
FY 2012
REVENUES
THRU 3/31/12
% OF
BUDGET
FY 2011
REVENUES
THRU 3/31/11
%
CHANGE
General Property Taxes              
Real Property Taxes $312,641,695 $321,674,773 $325,999,992 $160,077,559 49.8% $152,957,884 5%
Personal Property Taxes 34,891,944 34,600,000 36,945,648 36,210,027 104.7% 33,577,507 8%1
Penalties and Interest 2,246,186 1,870,000 1,870,000 1,455,401 77.8% 1,469,333 -1%
Total Gen. Property Taxes $349,779,825 $358,144,773 $364,815,640 $197,742,987 55.2% $188,004,724 5%
               
Other Local Taxes              
Local Sales and Use Tax $23,880,909 $24,200,000 $24,400,000 $14,193,638 58.7% $13,695,307 4%
Consumer Utility Taxes 10,812,989 11,200,000 11,200,000 6,966,131 62.2% 7,295,362 -5%
Communication Sales and Use Tax 11,259,534 11,600,000 11,100,000 6,336,101 54.6% 6,760,830 -6%2
Business License Taxes 30,444,798 31,825,000 32,000,000 28,783,933 90.4% 27,169,594 6%3
Transient Lodging Taxes 11,245,201 12,500,000 11,700,000 6,756,865 54.1% 6,735,758 0%
Restaurant Meals Tax 16,214,900 16,300,000 16,300,000 10,152,664 62.3% 10,064,680 1%
Tobacco Taxes 2,777,053 2,900,000 2,900,000 1,759,364 60.7% 1,829,272 -4%
Motor Vehicle License Tax  3,324,937 3,200,000 3,400,000 3,067,346 95.9% 3,045,549 1%1
Real Estate Recordation 3,668,663 3,800,000 4,100,000 3,431,799 90.3% 2,377,347 44%4
Admissions Tax 1,082,685 1,100,000 1,000,000 700,653 63.7% 687,884 2%
Other Local Taxes  3,547,688 2,705,000 3,285,275 374,108 13.8% 549,096 -32%5
Total Other Local Taxes $118,259,357 $121,330,000 $121,385,275 $82,522,602 68.0% $80,210,679 3%
               
Intergovernmental Revenues              
Revenue from the Federal Government $9,697,509 $9,447,640 $9,950,206 $5,870,005 62.1% $6,419,463 -9%6
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 20,452,569 19,950,485 19,950,485 16,059,487 80.5% 15,040,056 7%7
Total Intergovernmental Revenues $53,728,609 $52,976,656 $53,479,222 $45,036,452 85.0% $44,566,479 1%
               
Other Governmental Revenues And Transfers In              
Fines and Forfeitures $4,472,520 $4,764,000 $4,764,000 $3,434,284 72.1% $3,267,684 5%
Licenses and Permits 2,543,789 2,049,975 2,282,439 1,754,222 85.6% 1,901,633 -8%
Charges for City Services 14,939,668 14,709,303 14,909,303 10,469,156 71.2% 9,369,557 12%8
Revenue from Use of Money & Property 3,591,323 3,570,000 3,420,000 3,082,801 86.4% 2,779,503 11%
Other Revenue 987,727 490,000 490,000 952,229 194.3% 699,051 36%
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 $19,692,692 72.3% $18,017,428 9%
               
TOTAL REVENUE $549,749,531 $559,701,610 $567,212,782 $344,994,733 61.6% $330,799,310 4%
               
Appropriated Fund Balance
General Fund
- $8,961,138 $1,449,966 - - - 0%
Reappropriation of FY 2011
Encumbrances and Other
Supplemental Appropriations
- 10,160,618 10,160,618 - - - 0%
TOTAL $549,749,531 $578,823,366 $578,823,366 $344,994,733 59.6% $330,799,310 4%


Notes

  1. Personal Property Taxes/Motor Vehicle License: The FY 2012 vehicle assessments included 5,000 more cars than the FY 2011 billing.
  2. Communication Taxes: The decrease in these taxes 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. The remaining decrease represents the timing of payments from several providers.
  3. Business License Taxes: The City’s business license tax is due March 1, 2012.  As discussed with City Council, some collections show increases over FY 2011. 
  4. Recordation Tax: The increase in this tax is primarily the result of the sale and refinancing of a few large commercial properties. 
  5. Other Local Taxes: The decrease of 32 percent in other local taxes is a result of the variable timing of quarterly payments.
  6. Revenue from Federal Government: The decrease in Federal revenue primarily represents the timing of payments for the Federal Prisoner Per Diem.
  7. Revenue from Commonwealth:  The increase represents the timing of payments for compensation reimbursement from the state for constitutional positions.
  8. Charges for Service: The increase in charges for services is the result of a budgeted increase in meter fees (to $1.75/hour) implemented with the installation of the new multi-space meters midway through FY 2011.  In addition, planning permit fees also show increased activity for FY 2012. 

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

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