September 2013 Monthly Tax Breakdown ComparisonCity of Prattville, Alabama
Tax Breakdown Comparison
September 2013
These are the unaudited revenue figures for September (August sales):
September 2013 (w/ sales tax increase)
Taxes 1,955,828.23
Rebates ‐73,018.75
Net Tax 1,882,809.48
September 2013 (w/o sales tax increase)
Taxes 1,503,133.89
Rebates ‐63,419.21
Net Tax 1,439,714.68
September 2012 (w/ sales tax increase)
Taxes 1,824,570.95
Rebates ‐69,842.04
Net Tax 1,754,728.91
September 2012 (w/o sales tax increase)
Taxes 1,399,425.40
Rebates ‐60,670.30
Net Tax 1,338,755.10
There was an increase in gross taxes of $131,257.28 or 7.19%.
There was an increase in gross taxes w/o the sales tax increase of $103,708.49 or 7.41%.
There was an increase in net taxes (with the rebates taken out) of $128,080.57 or 7.30%.
There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of
$100,959.58 or 7.54%.
This month the sales tax increase generated an additional $452,694.34.
Thus far the sales tax increase has generated an additional $13,152,893.19.
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 $14,525,306.44 towards Debt Service.