Page 93 - City of Bedford FY21 Budget

CITY OF BEDFORD
SUMMARY OF SALES TAX
FISCAL YEAR 2020-2021

MONTH OF RECEIPT FY2016 FY2017 FY2018 FY2019 FY2020

OCTOBER $ 303,750 $ 194,735 $ 196,190 $ 226,835 $ 248,771
NOVEMBER 366,529 $ 187,025 $ 206,841 $ 212,179 $ 219,576
DECEMBER 312,720 $ 267,865 $ 272,917 $ 288,736 $ 305,965
JANUARY 266,409 $ 202,441 $ 194,235 $ 222,766 $ 232,093
FEBRUARY 349,593 $ 164,719 $ 192,374 $ 198,384 $ 206,737
MARCH 268,837 $ 256,902 $ 273,132 $ 298,798 $ 265,435
APRIL 298,929 $ 197,013 $ 210,435 $ 230,896 $ 210,638
MAY 354,159 $ 210,066 $ 231,181 $ 234,008 $ 230,397
JUNE 275,617 $ 246,687 $ 270,670 $ 275,562 $ 299,235
JULY 203,250 $ 200,871 $ 214,636 $ 229,982 $ 234,153
AUGUST 259,893 $ 208,211 $ 238,142 $ 230,241 $ 243,134
SEPTEMBER 197,227 $ 256,758 $ 272,983 $ 286,322 $ -

TOTAL $ 3,456,913 $ 2,593,294 $ 2,773,735 $ 2,934,710 $ 2,696,132

AVERAGE PAYMENT 288,076 216,108 231,145 244,559 224,678
HIGH PAYMENT 366,529 267,865 273,132 298,798 305,965
LOW PAYMENT 197,227 164,719 192,374 198,384 -

* 1/2 cent additional levy became effective April 1, 1998

$400,000

$350,000

$300,000

$250,000
FY2016
$200,000
FY2017
FY2018
$150,000
FY2019
$100,000 FY2020

$50,000

$-

* Sales Tax amounts are reported two months in arrears. Current fiscal year collections may not be
received at time of budget document publication.

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