January 2015 Monthly Tax Breakdown ComparisonCity of Prattville, Alabama
Tax Breakdown Comparison
January 2015
These are the unaudited revenue figures for January (December sales):
January 2015 (w/ sales tax increase)
Taxes 2,579,245.77
Rebates ‐180,782.33
Net Tax 2,398,463.44
January 2015 (w/o sales tax increase)
Taxes 1,940,980.17
Rebates ‐159,799.75
Net Tax 1,781,180.42
January 2014 (w/ sales tax increase)
Taxes 2,504,337.71
Rebates ‐186,121.38
Net Tax 2,318,216.33
January 2014 (w/o sales tax increase)
Taxes 1,885,477.40
Rebates ‐165,641.86
Net Tax 1,719,835.54
There was an increase in gross taxes of $55,502.78 or 2.94%.
There was an increase in gross taxes w/o the sales tax increase of $74,908.06 or 2.99%.
There was an increase in net taxes (with the rebates taken out) of $61,344.89 or 3.57%.
There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of $80,247.11
or 3.46%.
This month the sales tax increase generated an additional $638,265.60.
Thus far the sales tax increase has generated an additional $20,833,820.34.
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 $22,035,306.44 towards Debt Service.
Jan-15
Adjusted
January 2015 Jan-14
Adjusted
January 2014
Organic
Difference
Actual
Difference
10-4-0004-000 Rental Tax 28,405.62 20,289.73 23,459.22 16,756.59 3,533.14 4,946.40
10-4-0004-001 Rental Automotive 9,335.83 9,335.83 7,322.95 7,322.95 2,012.88 2,012.88
10-4-0005-000 Sales Tax 1,980,484.19 1,444,605.54 1,825,154.68 1,335,158.81 109,446.73 155,329.51
10-4-0005-001 Sales Tax-Auto 38,446.94 38,446.94 30,547.72 30,547.72 7,899.22 7,899.22
10-4-0005-002 Sales Tax-Boats & Trailers - - - - - -
10-4-0005-003 Sales Tax-Restaurants 315,534.00 225,381.43 280,283.47 200,202.48 25,178.95 35,250.53
10-4-0005-004 Sales Tax-Boats(County)783.99 783.99 33.85 33.85 750.14 750.14
10-4-0005-006 Sales Tax-Vehicles 4,180.92 4,180.92 - - 4,180.92 4,180.92
10-4-0005-007 Use Tax 15,518.16 11,399.68 147,282.85 105,202.04 (93,802.36) (131,764.69)
10-4-0005-008 Use Tax - Machine 3,085.05 3,085.05 3,466.48 3,466.48 (381.43) (381.43)
10-4-0005-099 Sales Tax Discount (26,846.45) (26,846.45) (23,532.18) (23,532.18) (3,314.27) (3,314.27)
10-4-0006-000 Gasoline Tax-Local 80,800.40 80,800.40 82,227.03 82,227.03 (1,426.63) (1,426.63)
10-4-0007-000 Whiskey Tax 5,562.26 5,562.26 4,932.75 4,932.75 629.51 629.51
10-4-0008-000 Beer Tax 30,408.58 30,408.58 34,199.74 34,199.74 (3,791.16) (3,791.16)
10-4-0009-000 Wine Tax 691.63 691.63 777.89 777.89 (86.26) (86.26)
10-4-0010-000 Tobacco Tax 13,250.54 13,250.54 11,281.67 11,281.67 1,968.87 1,968.87
10-4-0011-000 Excise Tax Financial Inst - - - - - -
10-4-0012-000 Lodging Tax 70,299.57 70,299.57 72,794.11 72,794.11 (2,494.54) (2,494.54)
10-4-0014-000 ABC Sales Tax 9,304.54 9,304.54 4,105.48 4,105.48 5,199.06 5,199.06
2,579,245.77 1,940,980.17 2,504,337.71 1,885,477.40 55,502.78 74,908.06
2.94%2.99%
Jan-15
Adjusted
January 2015 Jan-14
Adjusted
January 2014
Organic
Difference
Actual
Difference
12-4-0012-001 Lodging Fee 13,731.00 13,731.00 17,108.00 17,108.00 (3,377.00) (3,377.00)
City of Prattville
Tax Breakdown Comparison