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YTD Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec YTD % Projection over Prior Year 1.91% 1.98% 2.29% 2.78% 3.48% YTD Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec YTD % Projection over Prior Year 1.49% 1.52% 1.68% 2.00% 2.87% May May FY23 - FY22 May FY23 - FY22 May FY23 - FY21 May FY23 - FY20 May FY23 - FY19 2024 2023 YOY % Change 2022 YOY % Change 2021 YOY % Change 2020 YOY % Change 2019 YOY % Change 3.50% 3.50% 3.5% 3% 3% 3% Sales Tax 1,286,780 1,170,348 10% 1,082,657 19% 826,200 56% 735,085 75% 612,843 110% Triview Allocations 279,693 241,867 247,730 217,480 212,639 182,774 Net - Monument 1,007,088 928,481 834,927 608,719 522,446 430,069 YTD YTD FY23 - FY22 YTD FY23 - FY22 YTD FY23 - FY21 YTD FY23 - FY20 YTD FY23 - FY19 2024 2023 YOY % Change 2022 YOY % Change 2021 YOY % Change 2020 YOY % Change 2019 YOY % Change Sales Tax 5,311,356 4,928,397 8% 4,738,603 12% 3,584,962 48% 3,109,777 71% 2,729,427 95% Triview Allocations 1,007,860 987,488 991,255 914,312 855,188 741,117 Net - Monument 4,303,496 3,940,909 3,747,348 2,670,650 2,254,589 1,988,310 YEAR-TO-DATE - GENERAL FUND ONLY YEAR-TO-DATE - 2F POLICE FUND ONLY CURRENT MONTH - ALL SALES TAX YEAR-TO-DATE - ALL SALES TAX TOWN OF MONUMENT, CO May - 2024 - SALES TAX REPORT The Town of Monument Sales Tax Report examines tax collections for the month of May 2024, which were reported to the State in July 2024, and includes an analysis for the year-to-date results along with prior year results. The State remits the sales taxes to the Town in the month following the reporting date. SUMMARY RESULTS May continued to have good results with May 2024 sales tax collections up over May 2023. We have continued to see improved growth in sales taxes among all sectors. As compared to the 2023 year-to-date collections, the Town has collected 3.48% over prior year for the General Fund and 2.87% for the 2F Police Fund. ‐ 500,000 1,000,000 1,500,000 January February March April May June July August September October November December YTD TOTAL COLLECTIONS 2019 2020 2021 2022 2023 2024 ---PAGE BREAK--- January February March April May June July August September October November December 2019 505,040 498,435 544,359 568,750 612,843 659,027 662,000 673,902 642,740 673,827 679,231 783,038 2020 549,867 537,134 650,298 637,394 735,085 784,944 736,793 732,179 787,196 743,070 753,931 817,081 2021 647,647 620,363 718,238 772,515 826,200 908,850 880,992 837,791 886,644 893,443 948,133 951,411 2022 830,543 860,973 974,812 989,618 1,082,657 1,098,490 1,091,322 1,148,257 1,048,751 1,058,007 1,106,342 1,139,294 2023 761,725 898,733 994,107 1,103,484 1,170,348 1,291,205 1,226,035 1,154,281 1,179,305 1,179,826 1,142,886 1,225,081 2024 960,348 902,036 1,015,863 1,146,329 1,286,780 - 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 SALES TAX COLLECTION BY MONTH ‐ TOTAL COLLECTED 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 January February March April May June July August September October November December Budget ‐ 2024 Actual Comparison Actual Budget