January 2013 Monthly Tax Breakdown Comparison
City of Prattville, Alabama
Tax Breakdown Comparison
January 2013
These are the unaudited revenue figures for January (December sales):
January 2013 (w/ sales tax increase)
Taxes 2,450,814.12
Rebates ‐180,921.10
Net Tax 2,269,893.02
January 2013 (w/o sales tax increase)
Taxes 1,802,738.17
Rebates ‐159,614.01
Net Tax 1,643,124.16
January 2012 (w/ sales tax increase)
Taxes 2,467,369.35
Rebates ‐191,765.33
Net Tax 2,275,604.02
January 2012 (w/o sales tax increase)
Taxes 1,819,571.60
Rebates ‐171,784.52
Net Tax 1,647,787.08
There was a decrease in gross taxes of $16,555.23 or 0.67%.
There was a decrease in gross taxes w/o the sales tax increase of $5,711.00 or 0.35%.
There was a decrease in net taxes (with the rebates taken out) of $16,833.43 or 0.93%.
There was a decrease in net taxes (with the rebates taken out) w/o the sales tax increase of $4,662.92
or 0.28%.
This month the sales tax increase generated an additional $647,797.75.
Thus far the sales tax increase has generated an additional $9,491,005.37.
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 $10,910,306.44 towards Debt Service.