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Eugene Motor Vehicle Fuel Tax Yield Estimates
<br /> as of January 12, 2005
<br /> 3-cent tax level Extrapolated ,
<br /> Month Eamed based on actuals to a 5-cent tax
<br /> FY2004
<br /> July n/a n/a
<br /> .August $ 168,787 $ 281,312
<br /> I
<br /> September 220,544 367,573
<br /> October 111,005 185,008
<br /> November 259,810 433,017
<br /> December 158,288 263,813
<br /> January 1.35,641 226,068
<br /> ~ February 199,081 331,802
<br /> March 206,884 344,807
<br /> April 178,526 297,543
<br /> May 188,115 313,525
<br /> June 180,827 301,378
<br /> FY04 Actual Receipts': (11 months) $ .2,007;51)7:60
<br /> First 1Z-months''actu;tl receipts $ 2,1714~~L:60. ~ , '
<br /> 723,831:53 pe'r{~en~y yreld,.firsf r2 ,booths '
<br /> FY2005
<br /> July 163,987 ~ 273,312
<br /> August 192,082 320,137.
<br /> September 197,192 328,653
<br /> October 185,369 308,948
<br /> November 163,579 272,632
<br /> December '
<br /> ~ January
<br /> February
<br /> March
<br /> April •
<br /> May
<br />
<br /> j June
<br /> i
<br /> Total FY05 Receipts to Date $ 902,209.42
<br /> Average Actual Monthly Receipts $181,857
<br /> round o
<br /> i
<br /> Per pennyper.yeeryieldouerthe°:iifeofthetaz $727;29 $ 725;00 per pennyjve~'ye~r,
<br /> I'~ : 60,417, .peCpenny,per ftlon;,
<br /> Experience Estimates for FY05
<br /> 9 months' at 3.cents * $725,000 $ 1,631,250.
<br /> 3 months at 5 cents * $725,000 $ 906,250
<br /> - ~n~r •
<br /> Notes and Assumptions:
<br /> The gas tax was implemented on Aug 1, 2003.
<br /> ODOT admininstration fees are based on their costs incurred and would not be impacted by a rate increase.
<br /> ODOT transfers the gas taxes no more than 45 days past the end of the month in which they are earned.
<br /> Proposed methodology for FY06 budget revenue estimates:
<br /> This represents a slightly higher revenue estimate than actual experience over the first 12 months' of
<br /> collection, but is a slightly lower estimate than has been experienced over the life of the program (16 months): •
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