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7 <br /> Due to the three month lag in sales tax reporting from the Department of Revenue, the impact of the <br /> December 2020 stimulus was not known until April of 2021, and the impact from the March stimulus <br /> payments were not known until June 2021. The following chart illustrates how those stimulus payments <br /> amplified the seasonal variations in sales tax collections compared to FY2019 and FY2020. <br /> Sales Tax Collections by Month <br /> $3,000,000.00 <br /> 3rd Stimulus-March 2021 <br /> 2nd Stimulus-December 2020 <br /> $2,500,000.00 <br /> $2,000,000.00 <br /> $1,500,000.00 1st Stimulus-April <br /> 2020 <br /> $1,000,000.00 <br /> $500,000.00 <br /> $ Large Refund <br /> P ice p� owe eve >a �eo � <br /> $(500,000.00) <br /> 2019 2020 2021 <br /> Medicaid Hold Harmless <br /> In April of 2020, the Office of the State Treasurer warned counties that, "Based on our expectations, we <br /> urge counties to be very conservative about budgeting how much revenue they budget for the MHH <br /> [Medicaid Hold Harmless] payments in their 2021 budgets." Hold harmless payment are made from the <br /> state to counties because counties exchanged a portion of their local sales and use tax revenue for the <br /> state's agreement to assume responsibility for certain non-administrative Medicaid costs several years <br /> ago. <br /> The FY2020-21 Budget estimated the County would receive a Medicaid Hold Harmless payment of$1.75 <br /> million. Since sales tax revenues Statewide did not suffer the expected losses,the County's Medicaid Hold <br /> Harmless payment exceeded the budgeted amount by over$2 million. The audit will reflect this payment <br /> in the sales tax category. Since this revenue is not in the County's control and, therefore, not as <br /> predictable, it should be considered non-recurring revenue available for one time expenditure. <br /> 2 <br />