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YTD Each Month Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec YTD % over Budgeted 1.63% 3.55% 4.74% 7.06% 9.17% May May 20 - 19 May 20 - 18 May 20 - 17 May 20 - 16 May 20 - 15 May 20 - 14 3% Tax 2020 2019 % 2018 % 2017 % 2016 % 2015 % 2014 % Sales Tax 735,085 612,843 20% 583,154 26% 513,412 43% 528,763 39% 436,498 68% 402,111 83% Allocations 212,639 182,774 192,724 172,538 161,689 149,843 138,882 Net - Monument 522,446 430,069 390,430 340,874 367,074 286,655 263,229 YTD YTD 20 - 19 YTD 20 - 18 YTD 20 - 17 YTD 20 - 16 YTD 20 - 15 YTD 20 - 14 3% Tax 2020 2019 % 2018 % 2017 % 2016 % 2015 % 2014 % Sales Tax 3,109,777 2,729,427 14% 2,398,137 30% 2,260,789 38% 2,186,053 42% 1,879,412 65% 1,746,483 78% Allocations 855,188 741,117 768,446 713,820 662,141 618,448 575,165 Net - Monument 2,254,589 1,988,310 1,629,691 1,546,969 1,523,912 1,260,964 1,171,318 May continued to have stable results with May 2020 sales tax collections up over May 2019. With the COVID-19 pandemic and business shut-downs that started mid March, some stores actually saw increased sales tax due to increased foot traffic with shoppers stocking up on essentials. Other businesses that closed or reduced services saw decreases in sales tax revenue from 20-50%. As compared to the 2020 budgeted year-to-date collections, the Town has collected 9% over what was budgeted. CURRENT MONTH - ALL SALES TAX YEAR-TO-DATE - ALL SALES TAX YEAR-TO-DATE - GENERAL FUND ONLY SUMMARY RESULTS TOWN OF MONUMENT, CO May 2020 - SALES TAX REPORT The Town of Monument Sales Tax Report examines tax collections for the month of May 2020, which were reported to the State in June 2020, 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. - 200,000 400,000 600,000 800,000 1,000,000 January February March April May June July August September October November December YTD TOTAL COLLECTIONS 2014 2015 2016 2017 2018 2019 2020 1 ---PAGE BREAK--- January February March April May June July August September October November December 2009 261,319 255,709 306,474 345,655 343,526 352,863 320,715 318,432 292,941 305,177 328,738 402,303 2010 260,827 275,577 293,035 286,757 344,107 368,271 333,555 340,151 312,764 328,060 339,012 400,863 2011 301,329 243,433 303,429 307,798 337,023 368,001 356,686 328,512 349,348 302,887 340,673 407,161 2012 285,715 284,489 369,081 366,303 369,081 384,581 373,935 366,795 362,867 356,224 346,865 481,616 2013 330,947 306,567 335,442 340,047 405,595 395,971 410,592 388,057 385,511 382,474 391,200 464,242 2014 317,591 311,158 351,813 363,810 402,111 421,039 409,674 397,554 409,942 373,791 395,457 472,437 2015 349,158 320,574 377,689 395,493 436,498 475,091 459,122 430,934 448,402 410,191 442,874 482,888 2016 378,437 340,728 387,009 551,116 528,763 530,882 490,412 485,060 504,912 554,735 466,915 515,033 2017 460,117 383,471 456,184 447,605 513,412 551,116 528,763 530,882 490,412 485,060 504,912 554,735 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 - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 SALES TAX COLLECTION BY MONTH - TOTAL COLLECTED 200,000 400,000 600,000 800,000 January February March April May June July August September October November December Budget - Actual Comparison Actual Budget 2