August 2012 Monthly Tax Breakdown Comparison
City of Prattville, Alabama
Tax Breakdown Comparison
August 2012
These are the unaudited revenue figures for August (July sales):
August 2012 (w/ sales tax increase)
Taxes 1,719,233.54
Rebates ‐64,882.95
Net Tax 1,654,350.59
August 2012 (w/o sales tax increase)
Taxes 1,290,746.52
Rebates ‐56,460.74
Net Tax 1,234,285.78
August 2011 (w/ sales tax increase)
Taxes 1,766,960.76
Rebates ‐65,558.32
Net Tax 1,701,402.44
August 2011 (w/o sales tax increase)
Taxes 1,330,831.38
Rebates ‐57,176.76
Net Tax 1,273,654.62
There was an increase in gross taxes of $47,727.22 or 2.70%.
There was an increase in gross taxes w/o the sales tax increase of $40,084.87 or 3.01%.
There was an increase in net taxes (with the rebates taken out) of $47,051.85 or 2.77%.
There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of $39,368.85
or 3.09%.
This month the sales tax increase generated an additional $428,487.02.
Thus far the sales tax increase has generated an additional $7,026,290.51
In that same time (less one month as the transfers to the debt service reserve account are made one
month in arrears) the City has paid $8,340,978.78 towards Debt Service.