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July 2016 Monthly Tax Breakdown Comparison
City of Prattville, Alabama Tax Breakdown Comparison July 2016 These are the unaudited revenue figures for July (June sales): July 2016 (w/ sales tax increase) Taxes 2,272,578.59 Rebates ‐88,544.01 Net Tax 2,184,034.58 July 2016 (w/o sales tax increase) Taxes 1,742,789.27 Rebates ‐76,977.13 Net Tax 1,665,812.14 July 2015 (w/ sales tax increase) Taxes 2,242,146.67 Rebates ‐88,377.09 Net Tax 2,153,769.58 July 2015 (w/o sales tax increase) Taxes 1,696,988.20 Rebates ‐77,185.66 Net Tax 1,619,802.54 There was an increase in gross taxes of $30,431.92 or 1.38%. There was an increase in gross taxes w/o the sales tax increase of $23,828.78 or 1.40%. There was an increase in net taxes (with the rebates taken out) of $61,026.20 or 2.87%. Without the sales tax increase, we reflect a 2.84% increase in net taxes of $46,009.60. This month the sales tax increase generated an additional $529,789.32. Thus far the sales tax increase has generated an additional $29,862,505.92. 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 $30,960,306.44 towards Debt Service. Lodging Fee Revenue for the month was $28,774.50. Jul-16 Adjusted July 2016 Jul-15 Adjusted July 2015 Organic Difference Actual Difference 10-4-0004-000 Rental Tax 26,041.32 18,600.94 30,761.20 21,972.29 (3,371.34) (4,719.88) 10-4-0004-001 Rental Automotive 9,445.09 9,445.09 9,285.25 9,285.25 159.84 159.84 10-4-0005-000 Sales Tax 1,387,538.87 991,099.19 1,359,769.15 971,441.46 19,657.73 27,769.72 10-4-0005-001 Sales Tax-Auto 49,259.09 49,259.09 44,209.69 44,209.69 5,049.40 5,049.40 10-4-0005-002 Sales Tax-Boats & Trailers - - - - - - 10-4-0005-003 Sales Tax-Restaurants 332,347.89 237,391.35 327,319.11 233,799.36 3,591.99 5,028.78 10-4-0005-004 Sales Tax-Boats(County)194.15 194.15 603.03 603.03 (408.88) (408.88) 10-4-0005-006 Sales Tax-Vehicles 4,517.32 4,517.32 3,970.87 3,970.87 546.45 546.45 10-4-0005-007 Use Tax 108,334.55 77,381.82 113,924.43 81,374.59 (3,992.77) (5,589.88) 10-4-0005-008 Use Tax - Machine 10,947.88 10,947.88 1,941.31 1,941.31 9,006.57 9,006.57 10-4-0005-009 District Tax 86,836.88 86,836.88 109,781.02 109,781.02 (22,944.14) (22,944.14) 10-4-0005-099 Sales Tax Discount (26,776.78) (26,776.78) (25,058.37) (25,058.37) (1,718.41) (1,718.41) 10-4-0006-000 Gasoline Tax-Local 82,898.12 82,898.12 84,872.56 84,872.56 (1,974.44) (1,974.44) 10-4-0007-000 Whiskey Tax 6,301.74 6,301.74 7,235.09 7,235.09 (933.35) (933.35) 10-4-0008-000 Beer Tax 27,076.11 27,076.11 10,233.79 10,233.79 16,842.32 16,842.32 10-4-0009-000 Wine Tax 898.96 898.96 503.71 503.71 395.25 395.25 10-4-0010-000 Tobacco Tax 9,113.75 9,113.75 12,083.53 12,083.53 (2,969.78) (2,969.78) 10-4-0011-000 Excise Tax Financial Inst - - - - - - 10-4-0012-000 Lodging Tax 154,151.88 154,151.88 150,711.30 150,711.30 3,440.58 3,440.58 10-4-0014-000 ABC Sales Tax 3,451.77 3,451.77 - - 3,451.77 3,451.77 2,272,578.59 1,742,789.27 2,242,146.67 1,696,988.20 23,828.78 30,431.92 1.40%1.36% Jul-16 Adjusted July 2016 Jul-15 Adjusted July 2015 Organic Difference Actual Difference 12-4-0012-001 Lodging Fee 28,774.50 28,774.50 29,484.00 29,484.00 (709.50) (709.50) City of Prattville Tax Breakdown Comparison