5.10 Revenue Forecast Variance (summary)

Data table for the Revenue Forecast Variance (summary) performance measure.As a means of sound financial planning, we strive to provide reliable revenue estimates to assist with policy decision-making and build a fiscally responsible budget.This page provides data for the Revenue Forecast performance measure.This data summarizes the variance percent for local and intergovernmental taxes per fiscal year. The City of Tempe has specified July 1 to June 30 as its fiscal year.The performance measure dashboard is available at 5.10 Revenue Forecast Variance.Additional InformationSource: PeopleSoft 400 Report, ExcelContact: Benicia BensonContact E-Mail: Benicia_Benson@tempe.govData Source Type: TabularPreparation Method: Metrics are based on actual revenue collected for local taxes and intergovernmental revenue in the City's PeopleSoff 400 Report. Total Local Taxes include city sales tax, sales tax rebate, sales tax penalty and interest, sales tax to be rebated, temporary PLT tax, sales tax interest, refund and temporary PLT tax to be rebated. Total intergovernmental revenue includes State Sales Tax, State Income Tax, and State Auto Lieu Tax. Many of the estimates are provided by the League of Arizona Cities and Towns. Another principal sources includes our participation as a sponsor of the Forecasting Project developed by the University of Arizona Eller College of Economic and Business Research Center in Tucson, AZ.Publish Frequency: Annually based on a fiscal yearPublish Method: Manually retrieved and calculatedData Dictionary