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4 <br /> real, personal, and motor vehicle taxes and with the exception of motor vehicles, the COVID impact on <br /> property taxes is limited. <br /> • Motor vehicles are 52.7% of the Motor Vehicle budget as compared to 51.2% in the prior fiscal year. The <br /> FY 2020-21 estimate has been updated to reflect a $700,000 decline attributed to decreased motor <br /> vehicle sales. <br /> • Motor vehicle taxes are payable on the vehicle renewal date and the tax is based on market value of the <br /> vehicle. The State remits this tax to the County on a monthly basis. <br /> • Sales Tax for Articles 39, 40 and 42 are 29.9% of the budget as compared to 27.9% in the prior fiscal <br /> year. The amounts listed above includes collections for three months (July, August and September); <br /> there is a three-month revenue lag from the NC Department of Revenue (NCDOR). This sales tax <br /> distribution reflects the State continuation of Phase 3 public health restrictions and steps to expedite <br /> unemployment insurance claims. Executive Order unemployment claims protections for the <br /> unemployed. As noted in the first quarter report, other sales tax factors on the sales tax include: <br /> - Online Sales Tax collections resulting from NCDOR enforcement of online retailers as consumers <br /> increased their Internet purchases. <br /> - Federal Stimulus spending from CARES Payroll Protection Program <br /> - Gradual Easing of Business restrictions <br /> Below is a three-year historical sales tax revenues, FY 2020-21 budget and FY 2020-21 estimate which <br /> provides context for sales tax performance during this recession. <br /> FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 Budget FY 2020-21 Estimate <br /> $25,678,025.00 $27,844,578.66 $28,126,261.22 $ 25,595,372.00 $ 27,266,000.00 <br /> Percent Change 8.4% 1.0% -9.0% 6.5% <br /> • Charges for services are 35.5% of the budget as compared to 47.4% lower the prior fiscal year. The <br /> decline is attributed to COVID-19 public health measures for inmate inhabitants at the County Detention <br /> Center which reduced population and commensurate cost recovery from the Federal Government. <br /> Aging, Animal Services and DEAPR, Planning and Inspection fees are slightly lower as well due to COVID- <br /> 19 related revenue impacts as indicated previously. As noted earlier the full impact is estimated at $1.5 <br /> million but could be near$2 million. <br /> • Miscellaneous revenue variance of 13.9% of budgeted revenues as compared to 24.1% the prior fiscal <br /> year is due to the reclassification of$252, 411 in Aging Grants from the General Fund to the Grant Fund. <br /> 4 <br />