May 2014 Monthly Tax Breakdown Comparison
City of Prattville, Alabama
Tax Breakdown Comparison
May 2014
These are the unaudited revenue figures for May (April sales):
May 2014 (w/ sales tax increase)
Taxes 2,036,157.69
Rebates ‐60,493.28
Net Tax 1,975,664.41
May 2014 (w/o sales tax increase)
Taxes 1,575,757.72
Rebates ‐52,544.87
Net Tax 1,523,212.85
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
There was an increase in gross taxes of $24,951.36 or 1.24%.
There was an increase in gross taxes w/o the sales tax increase of $30,942.74 or 2.00%.
There was an increase in net taxes (with the rebates taken out) of $30,824.83 or 1.58%.
There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of $36,519.50
or 2.46%.
This month the sales tax increase generated an additional $460,399.97.
Thus far the sales tax increase has generated an additional $16,902,534.75.
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 $18,290,306.44 towards Debt Service.
May-14
Adjusted
May 2014 May-13
Adjusted
May 2013
Organic
Difference
Actual
Difference
10-4-0004-000 Rental Tax 24,696.49 17,640.35 25,860.57 18,471.84 (831.49) (1,164.08)
10-4-0004-001 Rental Automotive 7,040.09 7,040.09 5,147.14 5,147.14 1,892.95 1,892.95
10-4-0005-000 Sales Tax 1,342,770.76 995,581.06 1,316,037.81 972,223.03 23,358.03 26,732.95
10-4-0005-001 Sales Tax-Auto 29,484.98 29,484.98 33,934.67 33,934.67 (4,449.69) (4,449.69)
10-4-0005-002 Sales Tax-Boats & Trailers - - - - - -
10-4-0005-003 Sales Tax-Restaurants 293,447.09 209,605.06 271,098.62 193,641.87 15,963.19 22,348.47
10-4-0005-004 Sales Tax-Boats(County)268.36 268.36 188.96 188.96 79.40 79.40
10-4-0005-006 Sales Tax-Vehicles 4,667.48 4,667.48 4,087.43 4,087.43 580.05 580.05
10-4-0005-007 Use Tax 78,092.37 55,780.26 132,058.79 94,327.71 (38,547.44) (53,966.42)
10-4-0005-008 Use Tax - Machine 1,574.79 1,574.79 498.51 498.51 1,076.28 1,076.28
10-4-0005-099 Sales Tax Discount (21,956.86) (21,956.86) (20,085.94) (20,085.94) (1,870.92) (1,870.92)
10-4-0006-000 Gasoline Tax-Local 83,490.34 83,490.34 71,230.89 71,230.89 12,259.45 12,259.45
10-4-0007-000 Whiskey Tax 6,821.34 6,821.34 5,536.63 5,536.63 1,284.71 1,284.71
10-4-0008-000 Beer Tax 32,334.83 32,334.83 21,169.46 21,169.46 11,165.37 11,165.37
10-4-0009-000 Wine Tax 1,072.28 1,072.28 971.16 971.16 101.12 101.12
10-4-0010-000 Tobacco Tax 12,125.18 12,125.18 12,364.58 12,364.58 (239.40) (239.40)
10-4-0011-000 Excise Tax Financial Inst - - - - - -
10-4-0012-000 Lodging Tax 136,665.12 136,665.12 127,485.71 127,485.71 9,179.41 9,179.41
10-4-0014-000 ABC Sales Tax 3,563.05 3,563.05 3,621.34 3,621.34 (58.29) (58.29)
2,036,157.69 1,575,757.72 2,011,206.33 1,544,814.98 30,942.74 24,951.36
2.00%1.24%
City of Prattville
Tax Breakdown Comparison