ARIZONA DEPARTMENT OF REVENUE MEMORANDUM DATE: September 11, 2008 FROM: THE OFFICE OF ECONOMIC RESEARCH & ANALYSIS July 2008 TAX FACTS SUMMARY OF GENERAL FUND REVENUES July 2008 Individual Income Tax Net Collections Percent Change $204,730,182 (3.0) Corporate Income Tax Net Collections Percent Change $ 23,294,778 (31.1) Transaction Privilege, Severance & Use Taxes Net Collections Change $356,253,718 (9.3) Total Big Three Tax Types Net Collections Percent Change $584,278,678 (8.4) December 2007 was the first month that the department used a new computer system to process individual income tax. Some of the reports necessary to provide Tax Facts information are still under development. Those sections have been pulled from this report. Once the information is available it will be sent out. We apologize for any inconvenience this may cause. Page 1 July 2008 Tax Facts TAX FACTS July 2008 INDIVIDUAL INCOME TAX Individual Income Tax Receipts July 2008 20,362,785 271,567,901 (26,560,721) (60,639,783) $ 204,730,182 Gross Collections Withholding Refunds Urban Revenue Sharing Net Collections $ July 2007 % Change 17,879,385 13.9 268,757,842 1.0 (18,607,691) 42.7 (57,044,910) 6.3 $ 210,984,627 (3.0) $ Included in the refund amounts above are refunds relating to the alternative fuel vehicle (AFV) income tax credit. In July 2008, the department did not issue any individual or corporate income tax refunds for alternative fuel-related credits. Federal Employee Retirement Contribution Project (FERC) Kerr vs. ADOR or FERC, a Supreme Court tax settlement case has resulted in the distribution of five refunds to individual income taxpayers during July 2008. These refunds totaled $7,485 for an average refund of $1,497. Attorney payments are not included in the refund amount and total $1,871 for the month. Refunds issued as a result of the FERC case are not included in the total refunds listed in neither the “Individual Income Tax Receipts” section above nor the “Average Individual Income Tax Refund” section later mentioned in this publication. *The amount shown as refunded may differ from AFIS totals due to timing issues. Average Individual Income Tax Refund Net of Ladewig and FERC refunds. 2008 CYTD 2007 CYTD % Change $ $ Average 672.54 633.70 6.13 Number 1,711,948 1,610,259 6.32 Withholding Withholding payments are received from employers and applied towards a specific quarter for the designated year. Information is gathered for 15 months for any given quarter. For example, from January 2006 through March 2007, $907.1 million was received for the first quarter of 2006. The latest complete quarter (15 months of information has been compiled) is the second quarter of 2007, which shows an increase of 1.21% in withholding payments over the second quarter of 2006. Growth in quarters for which information is still being gathered is as follows: 3rd Quarter 2007 4th Quarter 2007 5.0% (1.93%) 1st Quarter 2008 2nd Quarter 2008 3rd Quarter 2008 (0.03%) 2.06% 6.92% The current choices for withholding are 0%, 10%, 19%, 23%, 25%, 31% or 37% as the percent of federal taxes to be withheld for state taxes. The 0% option is only available to those individuals who had no liability in the prior tax year and expect no tax liability for the current year. Page 2 July 2008 Tax Facts Clean Elections As a result of the November 1998 voter approval of the Citizens Clean Elections, Arizona’s income taxpayers can make a donation to the Citizens Clean Elections Commission through an income tax check-off or through a voluntary donation. The following is for returns filed in 2008. Check Off Voluntary Donation Number of Returns July 2008 Calendar Year Total $ 113,445 $ 5,951,620 $ 1,451 $ 50,106 15,040 831,775 Contributions on the Individual Income Tax Return Through July 2008, individual income tax return filers have made the following contributions: Number 10,996 11,225 5,054 2,941 774 8,268 4,791 3,063 1110 623 28 79 Wildlife Child Abuse Special Olympics Neighbors Helping AID to Education Domestic Violence Shelter National Guard Contributions Veteran’s Fund Democratic Party Republican Party Green Party Libertarian Party $ Amount 236,563 247,035 99,192 51,428 88,014 183,751 122,780 67,240 27,562 15,028 557 1,947 Average $ 21.51 22.01 19.63 17.49 113.71 22.22 25.63 21.95 24.83 24.12 19.89 24.65 CORPORATE INCOME TAX Corporate Income Tax Receipts July 2008 $30,855,445 ($7,560,667) $23,294,778 Gross Collections Refunds Net Collections July 2007 $36,629,629 ($2,826,420) $33,803,209 % Change (15.8) 167.5 (31.1) Corporate Estimated Payments Corporations are required to file estimated tax payments throughout the year only if (1) their Arizona tax liability exceeds $1,000 and (2) they are required to file federal estimated tax payments. July 2008 July 2007 $24,346,880 $27,981,855 Calendar Year Total Calendar Year Total % Change (13.0%) % Change $343,312,964 $359,539,562 (4.5%) All corporations with an income tax liability of $20,000 or greater are required to make estimated tax payments through electronic funds transfer (eft). The table below shows the number of these eft estimated payments, by size of payment. Size of Payment Î July 2008 July 2007 CY 2008 CY 2007 Less than $50,000 153 166 1,887 1,989 $50,000 up to $100,000 18 20 268 297 $100,001 up to $500,000 $500,001 up to $1,000,000 $1,000,001 up to $10,000,000 $10,000,001 and more Total 3 4 62 57 5 6 44 57 0 0 2 0 198 221 2,585 2,744 19 25 322 344 Page 3 July 2008 Tax Facts % chg (10.4) (5.8) The next table shows the dollars of eft estimated payments received from those counts above. Size of Payment Î July 2008 July 2007 CY 2008 CY 2007 Less than $50,000 $50,000 up to $100,000 $100,001 up to $500,000 $500,001 up to $1,000,000 $1,000,001 and more % chg $1,619,844 $1,265,000 $4,078,710 $2,075,000 $12,613,000 $21,651,554 $2,104,167 $1,401,444 $6,106,297 $3,318,000 $11,415,000 $24,344,908 $22,456,271 $18,641,650 $71,652,289 $43,928,555 $132,604,583 $289,283,348 $25,056,529 $20,770,625 $78,935,414 $39,537,990 $132,465,862 $296,766,420 Total (11.1) (2.5) Corporate Refunds: Corporate refunds paid in any state fiscal year are for a mixture of corporate fiscal years. The table below presents the percent of refunds paid in FY 07/08 by corporate fiscal year. For example, in FY 07/08, 22.7% of the refund dollars paid were for corporate fiscal years ending in 2003 or before. The percentages are for refunds paid through the fiscal year. Corporate Fiscal Year-End: FY 07/08 Corporate Fiscal Year-End: FY 08/09 03 & Prior 22.7% 04 4.7% 05 3.2% 06 57.2% 07 10.8% 08 1.4 04 & Prior 13.3% 05 3.1% 06 45.7% 07 31.7% 08 6.2% 09 0.0% The corporate refunds shown above are those refunds for which a check is mailed to the corporation. Sometimes corporations choose to apply their refund as an estimated payment. The following table presents refunds applied as estimated payments in the most recent month and for the calendar year. July 2008 July 2007 $15,903,138 $2,516,729 Calendar Year Total Calendar Year Total $99,780,943 $51,332,805 % Change 531.9% % Change 94.4% Corporate Income Tax Document Count he Arizona Department of Revenue received 124,953 corporate returns showing a fiscal year-end of 2006. The type of return received is indicated below: # % 120 X (amended) 221 0.2 120 (regular) 120S (S corp) 36,461 29.2 75,661 60.5 99T (exempt org.) 513 0.4 120 A (short form) 12,097 9.7 Through July 2008, 88,538 documents were received for a fiscal year-end of 2007, distributed as follows: # % 120 X (amended) 63 0.1 120 (regular) 120S (S corp) 22,472 25.4 55,814 63.0 99T (exempt org.) 327 0.4 120 A (short form) 9,862 11.1 The figures for the 2007 returns are most meaningful when compared to 2006 returns received during the same period of time in the previous year. Through July 2007, the Department of Revenue received 80,073 documents with a fiscal year-end of 2006. Compared to 2007 documents, the Department has seen a 10.6% increase in the number of corporate returns processed at this point of time in the calendar year. Urban Revenue Sharing Returned to Cities/Towns Incorporated cities and towns receive a share of net individual and corporate income tax collections, called Urban Revenue Sharing. The amount of money to be distributed during Fiscal Year 2007/08 is 15.0 of net proceeds from Fiscal Year 2005/06 income tax. Amounts returned for July 2008 are shown on Table 2, at the end of this report. Page 4 July 2008 Tax Facts TRANSACTION PRIVILEGE, SEVERANCE AND USE TAXES Transaction Privilege, Severance and Use Tax Receipts The Arizona transaction privilege and severance tax consists of many classifications of tax. These classifications include but are not limited to retail, contracting, amusements, restaurants and bars, hotel/motel and mining severance tax. The collections for all such categories are divided, per statute, into two parts. One part is called distribution base; the other part is known as non-shared. The division of collections into these two parts varies from category to category. For example, retail sales tax is 40% distribution base and 60% non-shared. In contrast, contracting is 20% distribution base and 80% nonshared. Use tax is 100% non-shared. At the close of each month, transaction privilege and severance tax collections are aggregated by category and total distribution base and non-shared portions are calculated. The amount shown as "Use Tax" in the table below includes use tax, use inventory tax and jet fuel use tax. Education tax is in accordance with Proposition 301 resulting in an additional 0.6% education tax being added to most business classifications. The "Other Revenue" category includes county excise, road, jail and hospital taxes and various other excise taxes, such as the 911 excise tax. Distribution Base Non shared Use Tax Education Tax Other Revenues Total Collections July 2008 $140,500,471 276,098,427 31,696,678 51,983,905 64,806,874 $565,086,356 July 2007 $155,738,184 307,875,333 31,300,389 57,663,269 71,270,712 $623,847,888 % change (9.9) (10.3) 1.3 (9.8) (9.1) (9.4) Distribution of Transaction Privilege, Severance and Use Tax Receipts Of the distribution base portion of transaction privilege and severance taxes, described above, 25% is returned to incorporated cities/towns, 40.51% is returned to counties and 34.49% goes to the state general fund with the exception of mining severance tax. All of the non-shared revenue and use tax is deposited into the general fund. Therefore, the "Retained by State" figure presented below includes all non-shared portion of transaction privilege tax, use tax and 34.49% of the distribution base collections. The education tax is distributed in accordance with Proposition 301. “Other" revenues are returned to the administering authority. Retained by State Returned to Counties Returned to Cities Education Tax Other Revenues Total Collections July 2008 $356,253,718 56,916,741 35,125,118 51,983,905 64,806,874 $565,086,356 July 2007 $392,889,822 63,089,538 38,934,546 57,663,269 71,270,712 $623,847,888 change (9.3) (9.9) (9.9) (9.8) (9.1) (9.4) Transaction Privilege and Severance Tax Collections By Class Tax Rate Transporting Non-Metal Mining Oil/Gas Utilities Communications Private Car/Pipelines Publishing Job Printing Restaurants & Bars Amusements July 2008 % Chg 5.6 $ 187,248 (54.7) 3.125 $ 383,429 (39.9) 5.6 5.6 5.6 5.6 5.6 5.6 5.6 $ $ $ $ $ $ $ 43,172,170 17,550,815 23,713 433,942 1,372,685 36,570,220 4,603,686 (3.5) 16.5 (80.1) (21.8) (16.0) (7.3) (3.1) Page 5 July 2008 Tax Facts Transaction Privilege and Severance Tax Collections By Class continued Commercial Lease 0 5.6 5.6 5.6 2.5 0 5.5 0 5.6 $ $ $ $ $ $ $ $ $ 0 $ 1 N/A $ $ $ $ 344,212 28,876 533,157 1,568,173 (32.3) (12.2) (7.4) N/A $ 1,482 N/A $ 1,571 N/A Total $ 450,315,037 *As of 11/1/06, these categories are no longer subject to county and state tax. (9.4) Rental of Personal Property Contracting Retail Mining Severance Timber Severance* Hotel/Motel Membership Camping* Use Tax Rental Occupancy Tax* Jet Fuel Jet Fuel Use Tax Telecomm Devices 911 Telecommunications 911 Wireline 911 Wireless .0305/.0105 gal ---- 14 15,446,911 78,873,004 204,918,326 3,308,166 (1) 9,296,561 (4) 31,696,678 N/A (4.2) (19.3) (10.4) (12.9) N/A (0.8) 12.9 1.3 0.20/month per active service 0.20/month per active service The Use/Use Inventory category shown on the previous page includes jet fuel use tax. These collections include only the individual classes of transaction privilege tax, severance tax and use tax. The total does not include license fees or any other fees collected by the department. Transaction Privilege and Severance Tax Taxable Sales By Class 1 July 2008 Transporting Non-Metal Mining Oil/Gas Utilities Communications Private Car/Pipelines Publishing Job Printing Restaurants & Bars Amusements Commercial Lease Rental of Personal Property Contracting Retail Mining Severance Timber Severance* Hotel/Motel Membership Camping* Use Tax Rental Occupancy Tax* Total $3,749,261 12,289,385 863,978,272 351,213,381 475,661 8,686,602 27,477,124 731,919,232 92,130,203 475 Chg (54.7) (39.8) (3.4) 16.5 (80.1) (21.8) (16.0) (7.2) (3.1) N/A 309,162,119 1,578,860,832 4,101,484,403 132,444,585 0 169,141,265 0 639,810,278 0 $9,022,823,078 (4.1) (19.3) (10.3) (12.8) N/A (0.8) N/A 2.2 N/A (9.4) *As of 11/1/06, these categories are no longer subject to county and state tax. 1These Taxable Sales figures are calculated on a per return basis, by taking collections and dividing them by the appropriate tax rate. These figures may not match other Taxable Sales figures calculated on the aggregate. Page 6 July 2008 Tax Facts Telecommunications Devices, 911 Excise and 911 Wireless Service classifications previously listed in the collections table are not elements of calculated taxable income and therefore, are not included in the above table. Since the jet fuel use tax is a gallonage tax, this too can not be computed as taxable income. Timber Severance includes only sales subject to a repealed rate. The current tax is per board feet upon which taxable income cannot be computed. Transaction Privilege and Severance Tax Returned to Counties Taxpayers reported the following taxable transactions and tax collections by county. The share of the revenues returned to each county for July 2008 is shown in the County Share column. County Share Apache Coconino Cochise Gila Graham Greenlee La Paz Maricopa Mohave Navajo Pima Pinal Santa Cruz Yavapai Yuma Total $ % of Total 420,400 1,520,666 1,022,351 447,162 297,611 365,137 148,632 36,096,098 1,703,829 940,914 8,168,240 1,881,321 381,124 2,035,432 1,487,822 56,916,741 $ 0.7 2.7 1.8 0.8 0.5 0.6 0.3 63.4 3.0 1.7 14.4 3.3 0.7 3.6 2.6 Transaction Privilege and Severance Tax Returned to Cities/Towns The portion of transaction privilege and severance tax returned to each incorporated city or town for July 2008 is shown on Table 3, attached to this report. County Tax Collections The county-imposed tax collections received by the Department of Revenue during July 2008 and returned to the counties are shown on Table 4, attached to this report. The rental car surcharge in Maricopa County is $2.50 per car and in Pima County is $3.50 per car. The RV Surcharge in Pima County is $0.50/day on each lease or rental of a parking space for recreational vehicles. =========================================================================================== OTHER TAXES Luxury Taxes The following revenues were received from luxury taxes in July 2008. The table compares the receipts to July 2007 and also compares fiscal year (FY) totals. Figures may not add to total due to rounding. July 2008 Spirituous Vinous $ Malt Cigarette Other Tobacco Tobacco Licenses Total $ July 2007 2,700,213 943,399 2,276,435 860,600 18.6 9.6 2,010,581 2,116,522 (5.0) 31,617,121 28,901,958 9.4 1,333,960 1,359,191 (1.9) 575 550 4.5 35,515,257 8.7 38,605,848 $ % Change $ *Through July 2008, $401,852.28 of cigarette and tobacco tax collections have been allocated for administrative expenses and are not included in the cigarette collections above. Page 7 July 2008 Tax Facts General fund revenues from luxury taxes: Spirituous Vinous $ July 2008 1,890,149 235,850 Malt 502,645 Cigarettes 2,553,422 Other Tobacco 60,028 Tobacco Licenses Total 575 $ 5,242,668 Other Dedicated revenues from luxury taxes: July 2008 Corrections Fund $ 2,396,238 Tobacco Tax & Health Care Fund 2 6,530,087 Tobacco Products Tax Fund 3 9,795,131 Drug Treatment & Education Fund 720,731 Corrections Rev. Fund 287,785 Smoke Free Arizona Fund 4 Early Childhood Development and Health Fund 5 319,178 13,314,030 Estate Tax July-08 July-07 change $ $ Monthly 3,048 222,856 N/A July-08 July-07 change $ $ Monthly 56,714 60,862 (6.8) Bingo Tax Unclaimed Property July-08 July-07 change Monthly $ 1,023,082 $ 19,701,238 N/A Please note that some totals throughout Tax Facts may not add due to rounding. SOURCE: THE OFFICE OF ECONOMIC RESEARCH & ANALYSIS, ARIZONA DEPARTMENT OF REVENUE 2 Formerly the Health Care Fund 3 This Fund was created by Prop. 303, which increased cigarette & other tobacco products tax rates in November 2002. 4 This Fund was created by Prop. 201, which increased cigarette tax rates in December 2006. 5 This Fund was created by Prop. 203, which increased cigarette & other tobacco products tax rates in December 2006. Page 8 July 2008 Tax Facts TABLE 2 Urban Revenue Sharing Returned to Cities/Towns July 2008 City Apache County Eagar St. Johns Springerville Cochise County Benson Bisbee Douglas Huachuca City Sierra Vista Tombstone Willcox Coconino County Flagstaff Fredonia* Page Williams Gila County Globe Hayden* Miami Payson Star Valley Winkelman* Graham County Pima Safford Thatcher Greenlee County Clifton* Duncan La Paz County Parker Quartzsite Maricopa County Avondale Buckeye Carefree Cave Creek Chandler El Mirage Fountain Hills Gila Bend Gilbert Glendale Goodyear Guadalupe Litchfield Park Mesa Paradise Valley Peoria Phoenix Queen Creek Scottsdale Distribution Population 55,307 48,206 25,772 4,435 3,865 2,065 59,198 81,957 214,625 22,840 544,418 20,086 48,492 4,740 6,570 17,195 1,830 43,690 1,610 3,885 762,420 18,635 88,741 39,216 61,185 1,500 7,110 3,145 93,613 18,603 24,414 192,333 24,620 18,506 7,495 1,500 1,955 15,430 2,006 1,500 27,212 116,882 56,716 2,182 9,360 4,550 32,425 2,596 City Surprise Tempe Tolleson Wickenburg Youngtown Mohave County Bullhead City Colorado City Kingman Lake Havasu City Navajo County Holbrook Pinetop-Lakeside Show Low Snowflake Taylor Winslow Pima County Marana Oro Valley Sahuarita South Tucson Tucson Pinal County Apache Junction Casa Grande Coolidge Eloy Florence Kearny 18,586 1,500 Mammoth 40,938 44,912 3,280 3,600 859,011 313,658 45,850 59,303 2,871,546 394,593 304,989 24,731 2,202,851 3,022,151 571,288 69,313 56,400 5,585,935 173,110 1,718,984 18,400,025 202,390 2,925,169 69,356 25,406 3,684 4,766 230,845 32,061 24,492 1,980 177,544 242,369 46,213 5,555 4,528 448,096 13,863 138,143 1,475,834 16,414 234,752 Maricopa Superior Santa Cruz County Nogales Patagonia* Yavapai County Camp Verde Chino Valley Clarkdale Cottonwood Dewey-Humboldt Jerome* Prescott Prescott Valley Sedona Yuma County San Luis Somerton Wellton Yuma TOTAL Page 9 Distribution 1,089,993 2,069,287 80,831 75,688 76,293 Population 88,265 165,796 6,498 6,077 6,163 476,291 50,799 321,742 664,924 38,210 4,080 25,860 53,435 67,650 51,896 122,991 61,537 51,010 122,774 5,425 4,165 9,885 4,935 4,100 9,835 330,945 490,498 172,406 70,290 6,607,643 26,725 39,400 13,990 5,630 529,770 425,055 403,987 102,085 138,792 255,278 28,091 34,070 32,470 8,180 11,125 20,530 2,249 22,008 195,562 40,643 1,762 15,934 3,254 272,457 18,601 21,830 1,500 133,743 153,040 45,908 135,280 49,461 18,481 507,747 417,183 136,420 10,730 12,325 3,680 10,860 4,030 1,500 40,770 33,575 10,935 284,751 121,241 24,575 1,112,937 22,930 9,750 1,970 89,306 $60,639,783 4,869,189 July 2008 Tax Facts *Population adjusted to reflect minimum requirement of 1,500 per HB 2391, Chapter 290, 2nd Regular Session, 2008. TABLE 3 Transaction Privilege and Severance Tax Returned to Cities/Towns July 2008 City Apache County Eagar Springerville St. Johns Cochise County Benson Bisbee Douglas Huachuca City Sierra Vista Tombstone Willcox Coconino County Flagstaff Fredonia Page Williams Gila County Globe Hayden Miami Payson Star Valley Winkelman Graham County Pima Safford Thatcher Greenlee County Clifton Duncan La Paz County Parker Quartzsite Maricopa County Avondale Buckeye Carefree Cave Creek Chandler El Mirage Fountain Hills Gila Bend Gilbert Glendale Goodyear Guadalupe Litchfield Park Mesa Paradise Valley Peoria Phoenix Queen Creek Scottsdale Distribution Population $32,023 14,910 27,907 4,435 2,065 3,865 34,225 47,438 124,155 13,213 315,460 11,625 28,051 4,740 6,570 17,195 1,830 43,690 1,610 3,885 441,781 8,015 51,337 22,708 61,185 1,110 7,110 3,145 54,117 6,441 14,116 111,411 14,484 3,199 7,495 892 1,955 15,430 2,006 443 15,755 67,583 32,853 2,182 9,360 4,550 18,744 5,863 2,596 812 23,683 25,994 3,280 3,600 500,779 183,442 26,600 34,413 1,666,796 231,494 176,842 14,296 1,281,941 1,750,004 333,677 40,109 32,694 3,235,438 100,097 997,450 10,656,132 118,516 1,695,007 69,356 25,406 3,684 4,766 230,845 32,061 24,492 1,980 177,544 242,369 46,213 5,555 4,528 448,096 13,863 138,143 1,475,834 16,414 234,752 City Distribution Surprise 637,310 Tempe 1,197,116 Tolleson 46,918 Wickenburg 43,878 Youngtown 44,499 Mohave County Bullhead City 275,892 Colorado City 29,459 Kingman 186,720 Lake Havasu City 385,823 Navajo County Holbrook 39,171 Pinetop/Lakeside 30,073 Show Low 71,374 Snowflake 35,633 Taylor 29,604 Winslow 71,013 Pima County Marana 192,966 Oro Valley 284,484 Sahuarita 101,014 South Tucson 40,651 Tucson 3,825,159 Pinal County Apache Junction 246,000 Casa Grande 234,447 Coolidge 59,063 Eloy 80,327 Florence 148,235 Kearny 16,239 Mammoth 12,722 Maricopa 115,050 Superior 23,495 Santa Cruz County Nogales 157,622 Patagonia 6,643 Yavapai County Camp Verde 77,475 Chino Valley 88,992 Clarkdale 26,571 Cottonwood 78,414 Dewey-Humboldt 29,098 Jerome 2,383 Prescott 294,376 Prescott Valley 242,425 Sedona 78,955 Yuma County San Luis 165,564 Somerton 70,399 Wellton 14,224 Yuma 644,826 TOTAL Page 10 $35,125,118 Population 88,265 165,796 6,498 6,077 6,163 38,210 4,080 25,860 53,435 5,425 4,165 9,885 4,935 4,100 9,835 26,725 39,400 13,990 5,630 529,770 34,070 32,470 8,180 11,125 20,530 2,249 1,762 15,934 3,254 21,830 920 10,730 12,325 3,680 10,860 4,030 330 40,770 33,575 10,935 22,930 9,750 1,970 89,306 4,864,696 July 2008 Tax Facts TABLE 4 County Tax Collections July 2008 Road Apache Cochise Coconino Gila Graham Greenlee La Paz Maricopa Mohave Navajo Pima Pinal Santa Cruz Yavapai Yuma $ 295,675 Excise $ 150,155 $ 681,991 $ 1,230,931 $ 285,923 $ 209,197 $ 200,387 $ 79,220 $ 29,909,009 $ 5,970,035 $ 1,337,804 $ 624,477 $ 642,372 Jail $ Rental Car Hospital/ Health Svc 1,226,479 $ 79,220 $ 10,783,538 $ 1,294,450 $ 288,291 $ $ 1,378,664 $ 689,856 $ 1,009,370 $ 1,009,374 Page 11 Stadium RV Surcharge $ $ $ 456,085 $ 130,497 $ 307,451 5 46 $ $ 6,049 $ 265,032 $ 200,830 282,015 July 2008 Tax Facts Sports & Tourism Authority Capital Projects $ 5,452 1,442,501