February 2016 Monthly Tax Breakdown ComparisonCity of Prattville, Alabama
Tax Breakdown Comparison
February 2016
These are the unaudited revenue figures for February (January sales):
February 2016 (w/ sales tax increase)
Taxes 2,082,670.80
Rebates ‐59,589.96
Net Tax 2,023,080.84
February 2016 (w/o sales tax increase)
Taxes 1,603,582.41
Rebates ‐52,360.72
Net Tax 1,551,221.69
February 2015 (w/ sales tax increase)
Taxes 1,840,619.99
Rebates ‐55,983.71
Net Tax 1,794,636.28
February 2015 (w/o sales tax increase)
Taxes 1,429,935.31
Rebates ‐48,766.65
Net Tax 1,381,168.66
There was an increase in gross taxes of $242,050.81 or 13.15%.
There was an increase in gross taxes w/o the sales tax increase of $173,647.10 or 12.14%.
There was an increase in net taxes (with the rebates taken out) of $238,444.56 or 13.36%.
There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of
$170,053.03 or 12.31%.
This month the sales tax increase generated an additional $479,088.39.
Thus far the sales tax increase has generated an additional $27,236,117.18.
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 $27,925,306.44 towards Debt Service.
Lodging Fee Revenue for the month was $20,053.50.
Feb-16
Adjusted
Feb 2016 Feb-15
Adjusted
February 2015
Organic
Difference
Actual
Difference
10-4-0004-000 Rental Tax 17,314.83 12,367.74 21,918.94 15,656.39 (3,288.65) (4,604.11)
10-4-0004-001 Rental Automotive 6,931.30 6,931.30 7,258.00 7,258.00 (326.70) (326.70)
10-4-0005-000 Sales Tax 1,272,911.32 909,222.37 1,076,552.59 768,966.14 140,256.24 196,358.73
10-4-0005-001 Sales Tax-Auto 41,448.40 41,448.40 35,178.06 35,178.06 6,270.34 6,270.34
10-4-0005-002 Sales Tax-Boats & Trailers - - - - - -
10-4-0005-003 Sales Tax-Restaurants 308,212.12 220,151.51 271,685.28 194,060.91 26,090.60 36,526.84
10-4-0005-004 Sales Tax-Boats(County)5.04 5.04 208.05 208.05 (203.01) (203.01)
10-4-0005-006 Sales Tax-Vehicles 3,406.40 3,406.40 3,617.32 3,617.32 (210.92) (210.92)
10-4-0005-007 Use Tax 78,371.09 55,979.35 67,239.58 48,028.27 7,951.08 11,131.51
10-4-0005-008 Use Tax - Machine 978.32 978.32 4,134.43 4,134.43 (3,156.11) (3,156.11)
10-4-0005-009 District Tax 153,573.71 153,573.71 159,412.69 159,412.69 (5,838.98) (5,838.98)
10-4-0005-099 Sales Tax Discount (23,715.57) (23,715.57) (21,503.02) (21,503.02) (2,212.55) (2,212.55)
10-4-0006-000 Gasoline Tax-Local 79,906.46 79,906.46 67,534.00 67,534.00 12,372.46 12,372.46
10-4-0007-000 Whiskey Tax 8,834.43 8,834.43 6,236.18 6,236.18 2,598.25 2,598.25
10-4-0008-000 Beer Tax 19,011.36 19,011.36 20,526.73 20,526.73 (1,515.37) (1,515.37)
10-4-0009-000 Wine Tax 1,160.18 1,160.18 2,258.73 2,258.73 (1,098.55) (1,098.55)
10-4-0010-000 Tobacco Tax 9,866.96 9,866.96 10,431.31 10,431.31 (564.35) (564.35)
10-4-0011-000 Excise Tax Financial Inst - - - - - -
10-4-0012-000 Lodging Tax 98,646.15 98,646.15 107,931.12 107,931.12 (9,284.97) (9,284.97)
10-4-0014-000 ABC Sales Tax 5,808.30 5,808.30 - - 5,808.30 5,808.30
2,082,670.80 1,603,582.41 1,840,619.99 1,429,935.31 173,647.10 242,050.81
12.14%13.15%
Feb-16
Adjusted
Feb 2016 Jan-60 15656.38571
Organic
Difference
Actual
Difference
12-4-0012-001 Lodging Fee 20,053.50 20,053.50 23,896.50 23,896.50 (3,843.00) (3,843.00)
City of Prattville
Tax Breakdown Comparison