5.10 Revenue Forecast Variance (summary)
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<div>Tracking local taxes and intergovernmental revenue and evaluating the credibility of revenue forecasts greatly assists with sound financial planning efforts; it allows policymakers the ability to make informed decisions, build a fiscally responsible budget, and support the City's priority to maintain financial stability and vitality.<br /> </div><div>This page provides data for the Revenue Forecast performance measure.</div><div> </div><div>The performance measure dashboard is available at <a target='_blank' href='https://financial-stability-and-vitality-tempegov.hub.arcgis.com/pages/revenue-forecast-variance' rel='nofollow ugc noopener noreferrer'>5.10 Revenue Forecast Variance</a>.</div><div> </div><div><a target='_blank' href='https://tempe.gitbook.io/data-dictionary/business-and-economy/5.10-revenue-forecast-variance' rel='nofollow ugc noopener noreferrer'><span style='font-size:18px;'><strong>Data Dictionary</strong></span></a></div><div><div> </div><div><span style='font-size:18px;'><strong>Additional Information</strong></span></div><div> </div><div><strong>Source:</strong> PeopleSoft 400 Report, Excel<br /> </div><div><strong>Contact: </strong>Benicia Benson<br /> </div><div><strong>Contact E-Mail:</strong> <a href='mailto:Benicia_Benson@tempe.gov' rel='nofollow ugc'>Benicia_Benson@tempe.gov</a><br /> </div><div><strong>Data Source Type:</strong> Tabular<br /> </div><div><strong>Preparation Method:</strong> Metrics are based on actual revenue collected for local taxes and intergovernmental revenue in the City's PeopleSoft 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 source includes our participation as a sponsor of the Forecasting Project developed by the University of Arizona Eller College of Management and Economic Research Center in Tucson, AZ.<br /> </div><div><strong>Publish Frequency:</strong> Annually, based on a fiscal year<br /> </div><div><strong>Publish Method:</strong> Manually retrieved and calculated</div></div>
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