November 2012 Monthly Tax Breakdown Comparison
City of Prattville, Alabama
Tax Breakdown Comparison
November 2012
These are the unaudited revenue figures for November (October sales):
November 2012 (w/ sales tax increase)
Taxes 1,810,596.33
Rebates ‐64,110.23
Net Tax 1,746,486.10
November 2012 (w/o sales tax increase)
Taxes 1,366,581.15
Rebates ‐56,102.07
Net Tax 1,310,479.08
November 2011 (w/ sales tax increase)
Taxes 1,742,786.68
Rebates ‐63,814.32
Net Tax 1,678,972.36
November 2011 (w/o sales tax increase)
Taxes 1,311,076.02
Rebates ‐55,598.71
Net Tax 1,255,477.31
There was an increase in gross taxes of $67,809.65 or 3.89%.
There was an increase in gross taxes w/o the sales tax increase of $55,505.12 or 4.23%.
There was an increase in net taxes (with the rebates taken out) of $67,513.74 or 4.02%.
There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of $55,001.76
or 3.28%.
This month the sales tax increase generated an additional $444,015.18.
Thus far the sales tax increase has generated an additional $8,365,927.35.
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 $9,710,632.53 towards Debt Service.