June 2013 Monthly Tax Breakdown Comparison
City of Prattville, Alabama
Tax Breakdown Comparison
June 2013
These are the unaudited revenue figures for June (May sales):
June 2013 (w/ sales tax increase)
Taxes 2,014,832.44
Rebates ‐73,340.12
Net Tax 1,942,492.32
June 2013 (w/o sales tax increase)
Taxes 1,548,953.76
Rebates ‐62,897.48
Net Tax 1,486,056.28
June 2012 (w/ sales tax increase)
Taxes 1,898,814.78
Rebates ‐68,683.46
Net Tax 1,830,668.55
June 2012 (w/o sales tax increase)
Taxes 1,453,802.72
Rebates ‐59,116.10
Net Tax 1,394,686.62
There was an increase in gross taxes of $116,017.66 or 6.11%.
There was an increase in gross taxes w/o the sales tax increase of $95,151.04 or 6.54%.
There was an increase in net taxes (with the rebates taken out) of $111,823.77 6.11%.
There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of $91,369.66
or 6.28%.
This month the sales tax increase generated an additional $465,878.68.
Thus far the sales tax increase has generated an additional $11,798,229.05.
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 $13,210,306.44 towards Debt Service.