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YTD Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec YTD % Projection over Total Budgeted 0.76% 3.12% 5.45% 8.96% 12.05% 16.66% 20.43% YTD Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec YTD % Projection over Total Budgeted -0.28% 0.21% 0.72% 2.03% 3.15% 5.16% 6.69% July July FY23 - FY22 July FY23 - FY21 July FY23 - FY20 July FY23 - FY19 July FY23 - FY18 2023 2022 YOY % Change 2021 YOY % Change 2020 YOY % Change 2019 YOY % Change 2018 YOY % Change 3.50% 3% 3% 3% 3% 3% Sales Tax 1,226,035 1,091,322 12% 880,992 39% 736,793 66% 662,000 85% 570,079 115% Triview Allocations 241,086 234,806 233,560 201,519 185,274 183,155 Net - Monument 984,949 856,516 647,432 535,274 476,726 386,924 YTD YTD FY23 - FY22 YTD FY23 - FY21 YTD FY23 - FY20 YTD FY23 - FY19 YTD FY23 - FY18 2023 2022 YOY % Change 2021 YOY % Change 2020 YOY % Change 2019 YOY % Change 2018 YOY % Change Sales Tax 7,445,638 6,928,415 7% 5,374,804 39% 4,631,515 61% 4,050,454 84% 3,549,834 110% Triview Allocations 1,467,371 1,465,435 1,380,597 1,278,266 1,111,101 1,077,205 Net - Monument 5,978,267 5,462,979 3,994,207 3,353,249 2,939,353 2,472,629 YEAR-TO-DATE - 2F POLICE FUND ONLY YEAR-TO-DATE - GENERAL FUND ONLY CURRENT MONTH - ALL SALES TAX YEAR-TO-DATE - ALL SALES TAX TOWN OF MONUMENT, CO July - 2023 - SALES TAX REPORT The Town of Monument Sales Tax Report examines tax collections for the month of July 2023, which were reported to the State in August 2023, 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 July continued to have good results with July 2023 sales tax collections up over July 2022. We have continued to see improved growth in sales taxes among all sectors. As compared to the 2023 budgeted year-to-date collections, the Town has collected 20.43% over what was budgeted for the General Fund and 6.69% 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 2018 2019 2020 2021 2022 2023 ---PAGE BREAK--- January February March April May June July August September October November December 2018 435,209 402,482 493,087 484,205 583,154 581,618 570,079 551,635 536,175 548,251 553,131 649,576 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 - 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 ‐ 2023 Actual Comparison Actual Budget