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3 <br /> • Property Tax collections are 98% of the total Property tax budget compared to 97.2% the prior fiscal <br /> year. Real and personal taxes collections peaked at the end of December prior to the January <br /> assessment of penalties and interest. The remaining property taxes include delinquent taxes and the last <br /> three months of motor vehicle tax revenues. <br /> • Sales Tax for Articles 39, 40 and 42 are 59.5% of the budget as compared to 53% in the prior fiscal year. <br /> The amounts listed above includes collections for six months (July through December); there is a three- <br /> month revenue lag from the NC Department of Revenue (NCDOR). This sales tax distribution reflects <br /> the State easing public health protocols and strong Federal economic stimulus intervention. <br /> As a result, sales tax revenues are projected to exceed the budgeted amount. NCDOR has yet to adjust <br /> the County's distributions for taxpayer refunds, therefore this is factored into the FY 2020-21 estimate <br /> of$27.2 million in Table 4 below: <br /> Table 4: Sales Tax Performance <br /> FY 2017-18 FY 2018-19 FY 2019-20 FY 2020-21 Budget FY 2020-21 Estimate <br /> $25.6M $27.8M $28.1M $25.9M $27.2M <br /> Percent Change 8.4% 1.0% -9.0% 6.5% <br /> • Charges for services are 55.5% of the budget as compared to 70.5% 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 lower as well due to COVID-19 <br /> related revenue impacts as indicated previously. As noted earlier the full impact is projected between <br /> $1.5 million to $2 million. <br /> • Miscellaneous revenue includes primarily NCDOR Hold Harmless Sales Tax revenue, Facility Rentals and <br /> Donations. <br /> General Fund expenditures are 72.9% of budgeted expenditures as compared to 71.2%the prior fiscal year. <br /> The variance is attributed to debt service, emergency services COVID-related contracted services and <br /> reclassified non-departmental retiree health care benefits previously paid from the Health and Dental Fund. <br /> General Fund Expenditures <br /> 3 <br />