February 2014 Monthly Tax Breakdown ComparisonCity of Prattville, Alabama
Tax Breakdown Comparison
February 2014
These are the unaudited revenue figures for February (January sales):
February 2014 (w/ sales tax increase)
Taxes 1,693,376.28
Rebates ‐56,754.07
Net Tax 1,636,622.21
February 2014 (w/o sales tax increase)
Taxes 1,308,741.23
Rebates ‐50,388.28
Net Tax 1,258,352.95
February 2013 (w/ sales tax increase)
Taxes 1,696,503.89
Rebates ‐68,847.57
Net Tax 1,627,656.32
February 2013 (w/o sales tax increase)
Taxes 1,312,236.83
Rebates ‐60,861.52
Net Tax 1,251,375.31
There was a decrease in gross taxes of $3,127.61 or 0.18%.
There was a decrease in gross taxes w/o the sales tax increase of $3,495.59 or 0.27%.
There was a decrease in net taxes (with the rebates taken out) of $8,965.89 or 0.55%.
There was a decrease in net taxes (with the rebates taken out) w/o the sales tax increase of $6,977.65
or 0.56%.
This month the sales tax increase generated an additional $384,635.05.
Thus far the sales tax increase has generated an additional $15,514,175.63.
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 $16,965,306.44 towards Debt Service.
Feb-14
Adjusted
February 2014 Feb-13
Adjusted
February 2013
Organic
Difference
Actual
Difference
10-4-0004-000 Rental Tax 18,383.52 13,131.09 16,476.41 11,768.86 1,362.22 1,907.11
10-4-0004-001 Rental Automotive 5,076.13 5,076.13 4,704.43 4,704.43 371.70 371.70
10-4-0005-000 Sales Tax 1,163,339.49 875,239.39 1,206,943.22 905,957.02 (30,717.63) (43,603.73)
10-4-0005-001 Sales Tax-Auto 23,349.58 23,349.58 26,360.38 26,360.38 (3,010.80) (3,010.80)
10-4-0005-002 Sales Tax-Boats & Trailers 703.66 703.66 - 703.66 703.66
10-4-0005-003 Sales Tax-Restaurants 237,020.47 169,300.34 209,839.66 149,885.47 19,414.86 27,180.81
10-4-0005-004 Sales Tax-Boats(County)4.99 4.99 89.76 89.76 (84.77) (84.77)
10-4-0005-006 Sales Tax-Vehicles 3,556.48 3,556.48 4,532.13 4,532.13 (975.65) (975.65)
10-4-0005-007 Use Tax 82,503.11 58,940.73 65,166.96 46,547.83 12,392.90 17,336.15
10-4-0005-008 Use Tax - Machine 2,517.14 2,517.14 451.12 451.12 2,066.02 2,066.02
10-4-0005-099 Sales Tax Discount (19,777.07) (19,777.07) (18,693.62) (18,693.62) (1,083.45) (1,083.45)
10-4-0006-000 Gasoline Tax-Local 69,412.26 69,412.26 66,118.97 66,118.97 3,293.29 3,293.29
10-4-0007-000 Whiskey Tax 3,204.81 3,204.81 3,680.54 3,680.54 (475.73) (475.73)
10-4-0008-000 Beer Tax 17,290.33 17,290.33 11,368.23 11,368.23 5,922.10 5,922.10
10-4-0009-000 Wine Tax 1,239.31 1,239.31 1,974.07 1,974.07 (734.76) (734.76)
10-4-0010-000 Tobacco Tax 7,317.52 7,317.52 15,750.60 15,750.60 (8,433.08) (8,433.08)
10-4-0011-000 Excise Tax Financial Inst - - - - - -
10-4-0012-000 Lodging Tax 73,274.47 73,274.47 72,867.35 72,867.35 407.12 407.12
10-4-0014-000 ABC Sales Tax 4,960.08 4,960.08 8,873.68 8,873.68 (3,913.60) (3,913.60)
1,693,376.28 1,308,741.23 1,696,503.89 1,312,236.83 (3,495.59) (3,127.61)
-0.27%-0.18%
City of Prattville
Tax Breakdown Comparison