October 2014 Monthly Tax Breakdown ComparisonCity of Prattville, Alabama
Tax Breakdown Comparison
October 2014
These are the unaudited revenue figures for October (September sales):
October 2014 (w/ sales tax increase)
Taxes 2,026,198.37
Rebates ‐66,332.74
Net Tax 1,959,865.63
October 2014 (w/o sales tax increase)
Taxes 1,552,319.35
Rebates ‐58,019.52
Net Tax 1,494,299.83
October 2013 (w/ sales tax increase)
Taxes 1,855,495.91
Rebates ‐66,879.96
Net Tax 1,828,615.95
October 2013 (w/o sales tax increase)
Taxes 1,446,788.51
Rebates ‐58,733.33
Net Tax 1,388,055.18
There was an increase in gross taxes of $130,702.46 or 6.90%.
There was an increase in gross taxes w/o the sales tax increase of $105,530.85 or 7.29%.
There was an increase in net taxes (with the rebates taken out) of $131,249.68 or 7.18%.
There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of
$106,244.66 or 7.65%.
This month the sales tax increase generated an additional $473,879.02.
Thus far the sales tax increase has generated an additional $19,260,975.33.
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 $20,585,306.44 towards Debt Service.
Oct-14
Adjusted
October 2014 Oct-13
Adjusted
October 2013
Organic
Difference
Actual
Difference
10-4-0004-000 Rental Tax 22,560.65 16,114.75 21,316.36 15,225.97 888.78 1,244.29
10-4-0004-001 Rental Automotive 6,907.38 6,907.38 5,948.10 5,948.10 959.28 959.28
10-4-0005-000 Sales Tax 1,302,319.52 954,933.93 1,306,455.30 963,410.36 (8,476.43) (4,135.78)
10-4-0005-001 Sales Tax-Auto 28,887.55 28,887.55 27,505.00 27,505.00 1,382.55 1,382.55
10-4-0005-002 Sales Tax-Boats & Trailers - - - - - -
10-4-0005-003 Sales Tax-Restaurants 296,655.06 211,896.47 235,588.96 168,277.83 43,618.64 61,066.10
10-4-0005-004 Sales Tax-Boats(County)136.13 136.13 142.50 142.50 (6.37) (6.37)
10-4-0005-006 Sales Tax-Vehicles 5,397.24 5,397.24 4,292.06 4,292.06 1,105.18 1,105.18
10-4-0005-007 Use Tax 138,602.57 103,313.63 112,913.30 80,652.36 22,661.28 25,689.27
10-4-0005-008 Use Tax - Machine 979.09 979.09 2,554.73 2,554.73 (1,575.64) (1,575.64)
10-4-0005-099 Sales Tax Discount (23,241.96) (23,241.96) (20,394.51) (20,394.51) (2,847.45) (2,847.45)
10-4-0006-000 Gasoline Tax-Local 73,287.30 73,287.30 72,571.08 72,571.08 716.22 716.22
10-4-0007-000 Whiskey Tax 3,263.68 3,263.68 2,613.32 2,613.32 650.36 650.36
10-4-0008-000 Beer Tax 28,332.89 28,332.89 17,145.57 17,145.57 11,187.32 11,187.32
10-4-0009-000 Wine Tax 513.55 513.55 452.08 452.08 61.47 61.47
10-4-0010-000 Tobacco Tax 11,650.67 11,650.67 11,488.26 11,488.26 162.41 162.41
10-4-0011-000 Excise Tax Financial Inst - - - - - -
10-4-0012-000 Lodging Tax 126,553.94 126,553.94 91,615.20 91,615.20 34,938.74 34,938.74
10-4-0014-000 ABC Sales Tax 3,393.11 3,393.11 3,288.60 3,288.60 104.51 104.51
2,026,198.37 1,552,319.35 1,895,495.91 1,446,788.51 105,530.85 130,702.46
7.29%6.90%
Oct-14
Adjusted
October 2014 Oct-13
Adjusted
October 2013
Organic
Difference
Actual
Difference
12-4-0012-001 Lodging Fee 24,580.50 24,580.50 18,771.00 18,771.00 5,809.50 5,809.50
City of Prattville
Tax Breakdown Comparison