August 2013 Monthly Tax Breakdown Comparison
City of Prattville, Alabama
Tax Breakdown Comparison
August 2013
These are the unaudited revenue figures for August (July sales):
August 2013 (w/ sales tax increase)
Taxes 1,910,237.42
Rebates ‐65,141.38
Net Tax 1,845,096.04
August 2013 (w/o sales tax increase)
Taxes 1,489,105.29
Rebates ‐56,126.08
Net Tax 1,431,979.21
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 1,315,515.77
Rebates ‐56,460.74
Net Tax 1,259,055.03
There was an increase in gross taxes of $191,003.88 or 11.11%.
There was an increase in gross taxes w/o the sales tax increase of $173,589.52 or 13.20%.
There was an increase in net taxes (with the rebates taken out) of $190,745.45 or 11.53%.
There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of
$172,924.18 or 13.73%.
This month the sales tax increase generated an additional $421,132.13.
Thus far the sales tax increase has generated an additional $12,700,198.85.
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 $14,110,306.44 towards Debt Service.