Total revenue collections for the month of August FY 2020 are $9,995,224 or 2.49% above the sine die revenue estimate. Fiscal YTD revenue collections through August are $37,080,479 or 5.25% above the sine die estimate. Fiscal YTD total revenue collections through August 2019 are $28,498,048 or 3.98% above the prior year’s collections.
As of August 31, 2019, total revenue collections for the Fiscal Year 2019 are $5,967,792,927, $311.7M above the Sine Die Revenue Estimate of $5,656,100,000 and $186.4M above the Revised Revenue Estimate of $5,781,400,000. An additional $204,636 in revenue was collected in August for FY 2019.
The graph above compares the actual revenue collections to the sine die revenue estimate for each of the main tax revenue sources. The figures reflect the amount the actual collections for Sales, Individual, Corporate, Use and Gaming taxes were above or below the estimate for the month and fiscal year-to-date. The graph also compares fiscal year-to- date actual collections to prior year actual collections, as of August 31, 2019.