TOWN OF ITHACA
REPORT SUMMARY
SALE TAX RECEIPTS
COMPARISON OF ACTUAL TO BUDGET
FOR THE YEARS 1998-2008
DESCRIPTION				2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
ACTUAL
1ST QUARTER				$    749,221	$         660,473	$         639,526	$         613,098	$        658,257	$        558,358	$       553,361	$        441,895	$        494,579	$        491,766	$        407,086
2ND QUARTER				658,580	656,585	634,527	661,419	693,977	579,447	532,801	529,358	517,874	535,103	456,780
3RD QUARTER				-	652,021	617,092	676,461	663,025	664,681	615,686	598,446	600,335	486,567	489,024
4TH QUARTER				-	698,862	633,472	653,025	670,147	659,790	580,800	551,736	559,941	515,114	489,391
TOTAL ACTUAL SALES TAX				$ 1,407,801	$      2,667,941	$      2,524,617	$      2,604,003	$     2,685,406	$     2,462,276	$     2,282,648	$     2,121,436	$     2,172,729	$     2,028,550	$     1,842,281
TOTAL BUDGETED SALES TAX				2,230,822	2,263,030	2,140,176	2,683,234	2,205,600	1,862,588	1,862,588	1,910,650	1,768,583	1,826,000	1,742,800
REVENUE IN EXCESS OF BUDGET				$   (823,021)	$         404,911	$         384,441	$         (79,231)	$        479,806	$        599,688	$       420,060	$        210,786	$        404,146	$        202,550	$         99,481
% OF ACTUAL VS BUDGET				-36.9%	17.9%	18.0%	-3.0%	21.8%	32.2%	22.6%	11.0%	22.9%	11.1%	5.7%
MORTGAGE TAX
COMPARISON OF ACTUAL TO BUDGET
DESCRIPTION				2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
ACTUAL
TOTAL ACTUAL MORTGAGE TAX				$    101,237	$         325,220	$         350,095	$         313,290	$        396,113	$        355,982	$       347,119	$        204,144	$        179,109	$        213,351	$        196,335
TOTAL BUDGETED MORTGAGE TAX				250,000	250,000	220,000	220,000	170,000	180,000	165,000	185,000	150,000	150,000	132,000
REVENUE IN EXCESS OF BUDGET				$   (148,763)	$          75,220	$         130,095	$          93,290	$        226,113	$        175,982	$       182,119	$         19,144	$         29,109	$         63,351	$         64,335
% OF ACTUAL VS BUDGET				-59.5%	30.1%	59.1%	42.4%	133.0%	97.8%	110.4%	10.3%	19.4%	42.2%	48.7%