July 2013 Monthly Tax Breakdown Comparison
City of Prattville, Alabama
Tax Breakdown Comparison
July 2013
These are the unaudited revenue figures for July (June sales):
July 2013 (w/ sales tax increase)
Taxes 2,014,514.15
Rebates ‐88,223.16
Net Tax 1,926,290.99
July 2013 (w/o sales tax increase)
Taxes 1,531,792.25
Rebates ‐78,400.61
Net Tax 1,454,391.64
July 2012 (w/ sales tax increase)
Taxes 1,919,224.21
Rebates ‐83,697.42
Net Tax 1,835,526.79
July 2012 (w/o sales tax increase)
Taxes 1,462,972.04
Rebates ‐74,093.33
Net Tax 1,388,878.71
There was an increase in gross taxes of $95,289.94 or 4.97%.
There was an increase in gross taxes w/o the sales tax increase of $69,820.22 or 4.77%.
There was an increase in net taxes (with the rebates taken out) of $90,764.20 or 4.94%.
There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of $65,512.94
or 4.72%.
This month the sales tax increase generated an additional $482,721.90.
Thus far the sales tax increase has generated an additional $12,279,066.72.
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 $13,660,306.44 towards Debt Service.