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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Jun 11, 2012 8:41 AM
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Online Reference 2: Comparative Statement of Revenues, General Fund, For the Periods Ending April 30, 2012, and April 30, 2011

View All Revenue Summaries and Explanations
Return to April 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 4/30/12
% OF
BUDGET
FY 2011
REVENUES
THRU 4/30/11
%
CHANGE
General Property Taxes              
Real Property Taxes $312,641,695 $321,991,875 $324,999,992 $160,407,302 49.8% $154,234,396 4%
Personal Property Taxes 34,891,944 34,600,000 37,250,000 37,031,405 107.0% 34,083,409 9%1
Penalties and Interest 2,246,186 1,870,000 2,125,000 1,682,256 90.0% 1,793,974 -6%
Total Gen. Property Taxes $349,779,825 $358,461,875 $364,374,992 $199,120,963 55.5% $190,111,779 5%
               
Other Local Taxes              
Local Sales and Use Tax $23,880,909 $24,200,000 $24,600,000 $16,091,921 66.5% $15,382,542 5%
Consumer Utility Taxes 10,812,989 11,200,000 10,800,000 7,829,827 69.9% 8,187,188 -4%2
Communication Sales and Use Tax 11,259,534 11,600,000 11,100,000 7,251,951 62.5% 7,680,304 -6%3
Business License Taxes 30,444,798 31,825,000 32,600,000 29,714,507 93.4% 28,353,736 5%
Transient Lodging Taxes 11,245,201 12,500,000 11,800,000 7,921,846 63.4% 7,841,396 1%
Restaurant Meals Tax 16,214,900 16,300,000 16,500,000 11,625,791 71.3% 11,319,143 3%
Tobacco Taxes 2,777,053 2,900,000 2,700,000 1,989,191 68.6% 2,057,594 -3%
Motor Vehicle License Tax 3,324,937 3,200,000 3,400,000 3,200,283 100.0% 3,155,301 1%1
Real Estate Recordation 3,668,663 3,800,000 4,800,000 3,755,538 98.8% 2,759,751 36%4
Admissions Tax 1,082,685 1,100,000 1,100,000 804,868 73.2% 765,239 5%
Other Local Taxes 3,547,688 2,705,000 3,335,275 493,441 18.2% 711,330 -31%5
Total Other Local Taxes $118,259,357 $121,330,000 $122,735,275 $90,679,164 74.7% $88,213,524 3%
               
Intergovernmental Revenues              
Revenue from the Federal Government $9,697,509 $9,447,640 $9,950,206 $7,720,968 81.7% $7,022,997 10%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 20,222,485 16,588,855 83.2% 15,676,191 6%
Total Intergovernmental Revenues $53,728,609 $52,976,656 $53,751,222 $47,416,782 89.5% $45,806,148 4%
               
Other Governmental Revenues And Transfers In              
Fines and Forfeitures $4,472,520 $4,764,000 $4,594,000 $3,896,222 81.8% $3,635,218 7%
Licenses and Permits 2,543,789 2,049,975 2,313,650 1,969,868 96.1% 2,102,025 -6%
Charges for City Services 14,939,668 14,709,303 15,554,303 11,593,032 78.8% 10,284,579 13%7
Revenue from Use of Money & Property 3,591,323 3,570,000 3,535,000 3,354,921 94.0% 3,082,475 9%
Other Revenue 987,727 490,000 510,000 1,063,929 217.1% 743,269 43%
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 $28,173,856 $21,877,972 80.3% $19,847,566 10%
               
TOTAL REVENUE $549,749,531 $560,018,712 $569,035,345 $359,094,881 64.1% $343,979,017 4%
               
Appropriated Fund Balance
General Fund
- $8,961,138 - - - - 0%
Appropriation of Refunding Bond Proceeds - 73,454,827 73,454,827 - - - -
Reappropriation of FY 2011
Encumbrances and Other
Supplemental Appropriations
- 11,156,009 11,100,514 - - - 0%
TOTAL $549,749,531 $653,590,686 $653,590,686 $432,549,708 66.2% $343,979,017 26%


Notes

  1. 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 $3.0 million has already been included in the FY 2013 Approved Budget. Based on current collections, staff projects FY 2012 revenues to be at least $37.2 million, an increase of $0.3 million over the previous projection.
  2. Consumer Utility Taxes: The decrease in these taxes is primarily due to the relatively mild winter.
  3. Communication Taxes: The decrease in these taxes is primarily attributable to a one time refund issued to a large wireless provider that 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. Recordation Tax: The increase in this tax is primarily the result of the sale and refinancing of a few large commercial properties. Based on current collections, primarily for residential refinancings, staff projects collections will be approximately $4.8 million, an increase of $0.7 million above the previous projection.
  5. Other Local Taxes: The decrease of 31 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. Charges for Service: The increase in charges for services is primarily 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. Based on collections to date, staff projects charges for services will be at least $15.6 million, an increase of $0.6 million over the previous projections.

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301 King St.
Alexandria, VA 22314
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