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August 2016 Monthly Tax Breakdown Comparison
City of Prattville, Alabama Tax Breakdown Comparison August 2016 These are the unaudited revenue figures for August (July sales): August 2016 (w/ sales tax increase) Taxes 2,273,376.33 Rebates ‐66,319.23 Net Tax 2,207,057.10 August 2016 (w/o sales tax increase) Taxes 1,774,655.38 Rebates ‐56,818.78 Net Tax 1,717,836.60 August 2015 (w/ sales tax increase) Taxes 2,135,837.93 Rebates ‐63,783.79 Net Tax 2,072,054.14 August 2015 (w/o sales tax increase) Taxes 1,661,060.18 Rebates ‐54,787.05 Net Tax 1,606,273.13 There was an increase in gross taxes of $137,538.40 or 6.44%. There was an increase in gross taxes w/o the sales tax increase of $113,595.20 or 6.84%. There was an increase in net taxes (with the rebates taken out) of $135,002.96 or 6.52%. There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of $111,563.47 or 6.95%. This month the sales tax increase generated an additional $498,720.95. Thus far the sales tax increase has generated an additional $30,361,226.87. 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 $31,060,306.44 towards Debt Service. Lodging Fee Revenue for the month was $27,916.50. Aug-16 Adjusted Aug 2016 Aug-15 Adjusted July 2015 Organic Difference Actual Difference 10-4-0004-000 Rental Tax 24,586.65 17,561.89 22,305.94 15,932.81 1,629.08 2,280.71 10-4-0004-001 Rental Automotive 8,242.64 8,242.64 7,861.98 7,861.98 380.66 380.66 10-4-0005-000 Sales Tax 1,292,653.33 923,851.18 1,238,926.20 884,947.33 38,903.85 53,727.13 10-4-0005-001 Sales Tax-Auto 55,115.19 55,115.19 43,512.62 43,512.62 11,602.57 11,602.57 10-4-0005-002 Sales Tax-Boats & Trailers - - - - - - 10-4-0005-003 Sales Tax-Restaurants 327,783.46 234,131.04 315,571.90 225,408.50 8,722.54 12,211.56 10-4-0005-004 Sales Tax-Boats(County)306.70 306.70 339.12 339.12 (32.42) (32.42) 10-4-0005-006 Sales Tax-Vehicles - - 4,488.33 4,488.33 (4,488.33) (4,488.33) 10-4-0005-007 Use Tax 102,345.70 73,104.07 84,918.99 60,656.64 12,447.43 17,426.71 10-4-0005-008 Use Tax - Machine 2,757.85 2,757.85 2,156.24 2,156.24 601.61 601.61 10-4-0005-009 District Tax 141,419.16 141,419.16 118,300.26 118,300.26 23,118.90 23,118.90 10-4-0005-010 Simple Sell/Use Tax 10-4-0005-099 Sales Tax Discount (25,374.07) (25,374.07) (23,532.22) (23,532.22) (1,841.85) (1,841.85) 10-4-0006-000 Gasoline Tax-Local 89,011.72 89,011.72 90,690.76 90,690.76 (1,679.04) (1,679.04) 10-4-0007-000 Whiskey Tax 6,170.06 6,170.06 6,885.85 6,885.85 (715.79) (715.79) 10-4-0008-000 Beer Tax 19,264.00 19,264.00 9,716.67 9,716.67 9,547.33 9,547.33 10-4-0009-000 Wine Tax 578.41 578.41 2,023.49 2,023.49 (1,445.08) (1,445.08) 10-4-0010-000 Tobacco Tax 9,062.99 9,062.99 11,497.16 11,497.16 (2,434.17) (2,434.17) 10-4-0011-000 Excise Tax Financial Inst 77,436.27 77,436.27 79,780.20 79,780.20 (2,343.93) (2,343.93) 10-4-0012-000 Lodging Tax 138,246.28 138,246.28 113,379.61 113,379.61 24,866.67 24,866.67 10-4-0014-000 ABC Sales Tax 3,769.99 3,769.99 7,014.83 7,014.83 (3,244.84) (3,244.84) 2,273,376.33 1,774,655.38 2,135,837.93 1,661,060.18 113,595.20 137,538.40 6.84%6.44% Aug-16 Adjusted Aug 2016 Aug-15 Adjusted July 2015 Organic Difference Actual Difference 12-4-0012-001 Lodging Fee 27,916.50 27,916.50 23,298.00 23,298.00 4,618.50 4,618.50 City of Prattville Tax Breakdown Comparison