February Monthly Tax Breakdown ComparisonCity of Prattville, Alabama
Tax Breakdown Comparison
February 2015
These are the unaudited revenue figures for February (January sales):
February 2015 (w/ sales tax increase)
Taxes 1,840,619.99
Rebates ‐55,983.71
Net Tax 1,786,636.28
February 2015 (w/o sales tax increase)
Taxes 1,429,935.31
Rebates ‐48,766.65
Net Tax 1,381,168.66
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
There was an increase in gross taxes of $147,243.71 or 8.70%.
There was an increase in gross taxes w/o the sales tax increase of $ $121,194.07 or 9.26%.
There was an increase in net taxes (with the rebates taken out) of $148,014.07 or 9.04%.
There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of
$122,815.70 or 9.76%.
This month the sales tax increase generated an additional $410,684.68.
Thus far the sales tax increase has generated an additional $21,244,505.02.
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 22,405,306.44 towards Debt Service.
Lodging Fee Revenue for the month was $23,896.50.
Feb-15
Adjusted
February 2015 Feb-14
Adjusted
February 2014
Organic
Difference
Actual
Difference
10-4-0004-000 Rental Tax 21,918.94 15,656.39 18,383.52 13,131.09 2,525.30 3,535.42
10-4-0004-001 Rental Automotive 7,258.00 7,258.00 5,076.13 5,076.13 2,181.87 2,181.87
10-4-0005-000 Sales Tax 1,235,965.28 928,378.83 1,163,339.49 875,239.39 53,139.43 72,625.79
10-4-0005-001 Sales Tax-Auto 35,178.06 35,178.06 23,349.58 23,349.58 11,828.48 11,828.48
10-4-0005-002 Sales Tax-Boats & Trailers - - 703.66 703.66 (703.66) (703.66)
10-4-0005-003 Sales Tax-Restaurants 271,685.28 194,060.91 237,020.47 169,300.34 24,760.58 34,664.81
10-4-0005-004 Sales Tax-Boats(County)208.05 208.05 4.99 4.99 203.06 203.06
10-4-0005-006 Sales Tax-Vehicles 3,617.32 3,617.32 3,556.48 3,556.48 60.84 60.84
10-4-0005-007 Use Tax 67,239.58 48,028.27 82,503.11 58,940.73 (10,912.46) (15,263.53)
10-4-0005-008 Use Tax - Machine 4,134.43 4,134.43 2,517.14 2,517.14 1,617.29 1,617.29
10-4-0005-099 Sales Tax Discount (21,503.02) (21,503.02) (19,777.07) (19,777.07) (1,725.95) (1,725.95)
10-4-0006-000 Gasoline Tax-Local 67,534.00 67,534.00 69,412.26 69,412.26 (1,878.26) (1,878.26)
10-4-0007-000 Whiskey Tax 6,236.18 6,236.18 3,204.81 3,204.81 3,031.37 3,031.37
10-4-0008-000 Beer Tax 20,526.73 20,526.73 17,290.33 17,290.33 3,236.40 3,236.40
10-4-0009-000 Wine Tax 2,258.73 2,258.73 1,239.31 1,239.31 1,019.42 1,019.42
10-4-0010-000 Tobacco Tax 10,431.31 10,431.31 7,317.52 7,317.52 3,113.79 3,113.79
10-4-0011-000 Excise Tax Financial Inst - - - - - -
10-4-0012-000 Lodging Tax 107,931.12 107,931.12 73,274.47 73,274.47 34,656.65 34,656.65
10-4-0014-000 ABC Sales Tax - - 4,960.08 4,960.08 (4,960.08) (4,960.08)
1,840,619.99 1,429,935.31 1,693,376.28 1,308,741.23 121,194.07 147,243.71
9.26%8.70%
Feb-15
Adjusted
February 2015 Feb-14
Adjusted
February 2014
Organic
Difference
Actual
Difference
12-4-0012-001 Lodging Fee 23,896.50 23,896.50 16,516.50 16,516.50 7,380.00 7,380.00
City of Prattville
Tax Breakdown Comparison