March 2013 Monthly Tax Breakdown Comparison
City of Prattville, Alabama
Tax Breakdown Comparison
March 2013
These are the unaudited revenue figures for March (February sales):
March 2013 (w/ sales tax increase)
Taxes 1,817,960.87
Rebates ‐71,207.19
Net Tax 1,746,753.68
March 2013 (w/o sales tax increase)
Taxes 1,362,910.78
Rebates ‐62,768.99
Net Tax 1,300,123.79
March 2012 (w/ sales tax increase)
Taxes 1,785,964.20
Rebates ‐70,439.58
Net Tax 1,715,524.62
March 2012 (w/o sales tax increase)
Taxes 1,333,494.41
Rebates ‐61,209.56
Net Tax 1,272,284.85
There was an increase in gross taxes of $31,996.67 or 1.79%.
There was an increase in gross taxes w/o the sales tax increase of $29,416.37 or 2.21%.
There was an increase in net taxes (with the rebates taken out) of $31,229.06 or 1.82%.
There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of $27,838.94
or 2.19%.
This month the sales tax increase generated an additional $455,050.09.
Thus far the sales tax increase has generated an additional $10,373,227.55.
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 $11,910,306.44 towards Debt Service.