May 2013 Monthly Tax Breakdown Comparison
City of Prattville, Alabama
Tax Breakdown Comparison
May 2013
These are the unaudited revenue figures for May (April sales):
May 2013 (w/ sales tax increase)
Taxes 2,011,206.33
Rebates ‐66,366.75
Net Tax 1,944,839.58
May 2013 (w/o sales tax increase)
Taxes 1,544,814.98
Rebates ‐58,121.63
Net Tax 1,486,693.35
May 2012 (w/ sales tax increase)
Taxes 1,865,717.12
Rebates ‐64,116.35
Net Tax 1,801,600.77
May 2012 (w/o sales tax increase)
Taxes 1,435,522.69
Rebates ‐55,982.48
Net Tax 1,379,540.21
There was an increase in gross taxes of $145,489.21 or 7.80%.
There was an increase in gross taxes w/o the sales tax increase of $109,292.30 or 7.61%.
There was an increase in net taxes (with the rebates taken out) of $143,238.81 or 7.95%.
There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of
$107,153.15 or 7.77%.
This month the sales tax increase generated an additional $466,391.35
Thus far the sales tax increase has generated an additional $11,332,350.37.
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 $12,810,306.44 towards Debt Service.