November monthly report 2017

Page 10

Use Tax Use taxes are levied upon individuals using, storing, or consuming tangible personal property that has not been subject to sales tax. Three types of use taxes (general, automobile, and building) provide revenue to the Public Safety Fund, Quality of Life Fund, Keep Greeley Moving, and General Fund.

General Use Tax $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0

2016 YTD

2017 YTD

2016 Actual

2017 Budget

Public Safety Bonds

$70,783

$86,278

$106,517

$75,522

Quality of Life

$132,717

$161,771

$199,720

$141,603

Keep Greeley Moving

$277,341

$347,794

$420,733

$306,731

$1,327,175

$1,617,711

$1,997,197

$1,416,035

General Fund

The General Fund share of general use tax revenue has increased 21.9% from 2016 to 2017. The majority of the increase is from one -time payments. 2017 general use taxes have exceeded budget projections.

Auto Use Tax $4,500,000 $4,000,000 $3,500,000

Auto use tax revenue has increased 11.9% from 2016 to 2017. Auto use taxes have exceed 2017 budget projections.

$3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $0

2016 YTD

2017 YTD

2016 Actual

2017 Budget

Public Safety Bonds

$138,844

$155,426

$163,569

$146,811

Quality of Life

$260,333

$291,423

$306,691

$275,270

Keep Greeley Moving

$564,056

$631,417

$664,498

$596,269

$2,603,333

$2,914,231

$3,066,915

$2,752,699

General Fund

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