August 2014 Monthly Tax Breakdown ComparisonCity of Prattville, Alabama
Tax Breakdown Comparison
August 2014
These are the unaudited revenue figures for August (July sales):
August 2014 (w/ sales tax increase)
Taxes 2,057,673.60
Rebates ‐65,825.85
Net Tax 1,991,847.75
August 2014 (w/o sales tax increase)
Taxes 1,602,518.43
Rebates ‐57,191.21
Net Tax 1,545,327.22
August 2013 (w/ sales tax increase)
Taxes 1,910,237.42
Rebates ‐64,236.83
Net Tax 1,846,000.59
August 2013 (w/o sales tax increase)
Taxes 1,489,105.29
Rebates ‐56,221.53
Net Tax 1,432,883.76
There was an increase in gross taxes of $147,436.18 or 7.72%.
There was an increase in gross taxes w/o the sales tax increase of $113,413.13 or 7.62%.
There was an increase in net taxes (with the rebates taken out) of $145,847.16 or 7.90%.
There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of
$112,443.45 or 7.85%.
This month the sales tax increase generated an additional $455,155.17.
Thus far the sales tax increase has generated an additional $18,339,864.10.
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 $19,685,306.44 towards Debt Service.
Aug-14
Adjusted
August 2014 Aug-13
Adjusted
August 2013
Organic
Difference
Actual
Difference
10-4-0004-000 Rental Tax 20,100.56 14,357.54 17,859.60 12,756.86 1,600.69 2,240.96
10-4-0004-001 Rental Automotive 7,293.88 7,293.88 4,982.04 4,982.04 2,311.84 2,311.84
10-4-0005-000 Sales Tax 1,292,260.66 954,574.07 1,197,548.63 886,021.39 68,552.68 94,712.03
10-4-0005-001 Sales Tax-Auto 30,081.28 30,081.28 31,993.55 31,993.55 (1,912.27) (1,912.27)
10-4-0005-002 Sales Tax-Boats & Trailers - - - - - -
10-4-0005-003 Sales Tax-Restaurants 305,902.95 218,502.11 281,060.63 200,757.59 17,744.51 24,842.32
10-4-0005-004 Sales Tax-Boats(County)410.97 410.97 218.22 218.22 192.75 192.75
10-4-0005-006 Sales Tax-Vehicles 5,106.33 5,106.33 5,319.64 5,319.64 (213.31) (213.31)
10-4-0005-007 Use Tax 85,160.32 60,835.59 84,696.87 60,497.76 337.83 463.45
10-4-0005-008 Use Tax - Machine 2,936.92 2,936.92 988.67 988.67 1,948.25 1,948.25
10-4-0005-099 Sales Tax Discount (22,244.10) (22,244.10) (18,246.58) (18,246.58) (3,997.52) (3,997.52)
10-4-0006-000 Gasoline Tax-Local 86,360.62 86,360.62 75,215.95 75,215.95 11,144.67 11,144.67
10-4-0007-000 Whiskey Tax 4,986.34 4,986.34 2,515.49 2,515.49 2,470.85 2,470.85
10-4-0008-000 Beer Tax 30,011.23 30,011.23 39,399.74 39,399.74 (9,388.51) (9,388.51)
10-4-0009-000 Wine Tax 525.68 525.68 1,256.09 1,256.09 (730.41) (730.41)
10-4-0010-000 Tobacco Tax 12,168.36 12,168.36 11,796.16 11,796.16 372.20 372.20
10-4-0011-000 Excise Tax Financial Inst 65,949.28 65,949.28 70,816.84 70,816.84 (4,867.56) (4,867.56)
10-4-0012-000 Lodging Tax 130,662.32 130,662.32 102,815.88 102,815.88 27,846.44 27,846.44
10-4-0014-000 ABC Sales Tax - - - - -
2,057,673.60 1,602,518.43 1,910,237.42 1,489,105.29 113,413.13 147,436.18
7.62%7.72%
City of Prattville
Tax Breakdown Comparison