Memorandum

CIry OF DALHS
Oate July9, 20i0

To The HonorableMayor and Membersof the City Council

Subfect SalesTax Receipts

The May salestax receiptsfrom the StateCompiroller'sOffice are $15,915,967.This

representsa 6.44/oincreasecomparedto the samemonth's actual last year and a l2.7%o
increasecomparedto the mostrecentMay projection.

The May 2010currentperiod collectionsincreasedby 7.6Vocomparedto May 2009current

periodcollec.tions.Althcugh May receiptsarepositive,salestax revenuesfar the yearare
forecast2.2a/o,
$4.5million, belowbudget.

. May 2009 actual $ 14,960,509

. May 2010originalbudget $ 14,719,488
. May 2010projection $ 141
, 25.712
. May 2010ac.tual $ 15,915,967

We will continue to closely monitor cur saies tax forecastandkeepvcu informed.

City Manager

Attachment

!: ILyar S. Evans,First ,{,ssisiantCity Manager

A-C. Cnnz:ilez,AssistsntCity l{anager
Jil! .4,.Jorcial:.P,E., A*iltant City Manager
Forest?ur::er, AssisrailtCiry &{a:xger
SraaneChipperfield"Chie{ FixancialOffrcer

"Dalias- Tog*ther.we tJoit betterl"

 SALBSTAX
A TUAL BCfX;ET ACTUAL VA*IANCE VARIANCE
FY 2rxl8.{}9 FI :m(r,l$ FY 1$S9-r0 IiY {R-ro TO FY {}8-09 IT Cg.IOTO SUDGAT

OCT s I 5.196.179 $ I 7,174.959 s r4,583.5? r {s|jI 2,858) {s1,691,438i

N0v i8,341,5d"1 15"7fi7,(i95 14,601 ,0?s is3,740,5 r5) (s i,106.6€6)
22,552,416 i tl l.1{ IAR\
DEC 2i.671.8S1 :4, l l7,8il4 t$q$5,447)
JAN 15,t 43.06.3 t5,:4t.:sq r5,256.5i)6 sl I1.44:1 $l 5,201
I.-EB 14,449,!.i0 14,184.994 r 1.8l 8,524 ts63I .406) 1$i66,4?0)
SlAR 20,254.8?9 20,410,978 2 r,109,620 585,{.741 $678,64?
APR t 5.965..{64 i:"2s4,220 l 5 ]1C gl l i56t0.507) 56t),7i7
MAY t4,q60,508 1.1.7l9.48tt 15.915,967 5955.j159 $ 1,1t6,479
JUIi ?0.393,006 20.50?,598
JUL 15,066.a?6 t4.9.19.286
AUC 14.636.05E 14.452,102
SEP I 8,6?8.822 r9.473,286

TOTAT $206,914,022 $2{t$,s?3,949 $1J3,332"57{l ($4,85?.090) t$1.8s890?)

MONTHLY SATESTAX REVENUES

FY 08109-09/10
COMPARISON

4=
rr5
:e
ze
i.l

.,_1"-._,_,
$t1 di; ;9 Ff€ *A :4

: w t l'{)8-{)9ACTL;AL {iS-10
: F-\', Bt'ncF.',r tFY r}q I{}ACTUAL I