February 2013 Monthly Tax Breakdown Comparison
City of Prattville, Alabama
Tax Breakdown Comparison
February 2013
These are the unaudited revenue figures for February (January sales):
February 2013 (w/ sales tax increase)
Taxes 1,696,503.89
Rebates ‐68,847.57
Net Tax 1,627,656.32
February 2013 (w/o sales tax increase)
Taxes 1,269,331.80
Rebates ‐60,861.52
Net Tax 1,208,470.28
February 2012 (w/ sales tax increase)
Taxes 1,688,758.02
Rebates ‐56,040.06
Net Tax 1,632,717.96
February 2012 (w/o sales tax increase)
Taxes 1,261,414.05
Rebates ‐48,842.88
Net Tax 1,212,571.17
There was a decrease in gross taxes of $7,745.87 or 0.46%.
There was a decrease in gross taxes w/o the sales tax increase of $7,917.75 or 0.63%.
There was a decrease in net taxes (with the rebates taken out) of $5,061.64 or 0.31%.
There was a decrease in net taxes (with the rebates taken out) w/o the sales tax increase of $4,100.89
or 0.34%.
This month the sales tax increase generated an additional $427,172.09.
Thus far the sales tax increase has generated an additional $9,918,177.46.
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 $11,410,306.44 towards Debt Service.