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City of Alexandria, VA City of Alexandria, VA
Finance
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Page updated Jul 19, 2012 10:27 AM
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Online Reference 2: Comparative Statement of Revenues, General Fund, For the Periods Ending May 31, 2012, and May 31, 2011

View All Revenue Summaries and Explanations
Return to May 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 5/31/12
% OF
BUDGET
FY 2011
REVENUES
THRU 5/31/11
%
CHANGE
General Property Taxes              
Real Property Taxes $312,641,695 $321,991,875 $324,999,992 $206,134,204 64.0% $178,834,155 15%
Personal Property Taxes 34,891,944 34,600,000 37,250,000 37,242,260 107.6% 34,361,366 8%
Penalties and Interest 2,246,186 1,870,000 2,125,000 1,809,274 96.8% 1,869,081 -3%
Total Gen. Property Taxes $349,779,825 $358,461,875 $364,374,992 $245,185,738 68.4% $215,064,602 14%
               
Other Local Taxes              
Local Sales and Use Tax $23,880,909 $24,200,000 $24,600,000 $18,395,420 76.0% $17,512,446 5%
Consumer Utility Taxes 10,812,989 11,200,000 10,800,000 8,622,903 77.0% 9,049,561 -5%1
Communication Sales and Use Tax 11,259,534 11,600,000 11,100,000 8,214,904 70.8% 8,636,750 -5%2
Business License Taxes 30,444,798 31,825,000 32,600,000 30,801,876 96.8% 29,170,487 6%
Transient Lodging Taxes 11,245,201 12,500,000 11,800,000 9,062,246 72.5% 8,924,066 2%
Restaurant Meals Tax 16,214,900 16,300,000 16,500,000 13,112,353 80.4% 12,756,783 3%
Tobacco Taxes 2,777,053 2,900,000 2,700,000 2,202,260 75.9% 2,281,396 -3%
Motor Vehicle License Tax 3,324,937 3,200,000 3,400,000 3,277,084 102.4% 3,187,597 3%
Real Estate Recordation 3,668,663 3,800,000 4,800,000 4,162,838 109.5% 3,055,838 36%3
Admissions Tax 1,082,685 1,100,000 1,100,000 884,395 80.4% 852,686 4%
Other Local Taxes 3,547,688 2,705,000 3,335,275 2,646,291 97.8% 2,395,525 10%
Total Other Local Taxes $118,259,357 $121,330,000 $122,735,275 $101,382,570 83.6% $97,823,135 4%
               
Intergovernmental Revenues              
Revenue from the Federal Government $9,697,509 $9,447,640 $9,950,206 $8,827,026 93.4% $8,231,516 7%4
Personal Property Tax Relief from the Commonwealth 23,578,531 23,578,531 23,578,531 23,578,531 100.0% 23,578,531 0%
Revenue from the Commonwealth 20,452,569 19,950,485 20,222,485 16,728,515 83.9% 15,973,273 5%
Total Intergovernmental Revenues $53,728,609 $52,976,656 $53,751,222 $49,134,072 92.7% $47,783,320 3%
               
Other Governmental Revenues And Transfers In              
Fines and Forfeitures $4,472,520 $4,764,000 $4,594,000 $4,353,271 91.4% $3,989,055 9%
Licenses and Permits 2,543,789 2,049,975 2,313,650 2,137,237 104.3% 2,313,073 -8%
Charges for City Services 14,939,668 14,709,303 15,554,303 12,933,340 87.9% 12,161,710 6%7
Revenue from Use of Money & Property 3,591,323 3,570,000 3,535,000 3,488,929 97.7% 3,322,710 5%
Other Revenue 987,727 490,000 510,000 1,144,647 233.6% 751,492 52%8 
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 $24,057,424 88.3% $22,538,040 7%
               
TOTAL REVENUE $549,749,531 $560,018,712 $569,035,345 $419,759,804 75.0% $383,209,097 10%
               
Appropriated Fund Balance
General Fund
- $8,961,138 - - - - 0%
Appropriation of Refunding Bond Proceeds - 73,454,827 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 $493,214,631 75.5% $383,209,097 29%


Notes

  1. Consumer Utility Taxes: The decrease in these taxes is primarily due to the relatively mild winter.
  2. 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.
  3. 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.
  4. Revenue from Federal Government: The decrease in Federal revenue primarily represents the timing of payments for the Federal Prisoner Per Diem.
  5. Other Revenue: The increase in other revenue resulted from sale of surplus property.
  6. 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.

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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.