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December 2016 - Monthly Tax Breakdown Comparison
City of Prattville, Alabama Tax Breakdown Comparison December 2016 These are the unaudited revenue figures for December (November sales): December 2016 (w/ sales tax increase) Taxes 2,275,055.92 Rebates ‐84,890.17 Net Tax 2,190,165.75 December 2016 (w/o sales tax increase) Taxes 1,738,700.13 Rebates ‐70,303.18 Net Tax 1,668,396.95 December 2015 (w/ sales tax increase) Taxes 2,170,416.50 Rebates ‐84,496.34 Net Tax 2,085,920.16 December 2015 (w/o sales tax increase) Taxes 1,652,681.65 Rebates ‐71,094.80 Net Tax 1,581,586.85 There was an increase in gross taxes of $104,639.42 or 4.82%. There was an increase in gross taxes w/o the sales tax increase of $86,018.49 or 5.20%. There was an increase in net taxes (with the rebates taken out) of $104,245.59 or 5.00%. There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of $86,810.11 or 5.49%. This month the sales tax increase generated an additional $536,355.79. Thus far the sales tax increase has generated an additional $32,334,721.51. 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 $32,634,152.48 towards Debt Service. Lodging Fee Revenue for the month was $23,251.50. Dec‐16 Adjusted Dec 2016 Dec‐15 Adjusted Dec 2015 Organic Difference Actual Difference 10‐4‐0004‐000 Rental Tax 21,146.68 15,104.77 21,107.96 15,077.11 27.66 38.72 10‐4‐0004‐001 Rental Automotive 8,413.27 8,413.27 7,418.94 7,418.94 994.33 994.33 10‐4‐0005‐000 Sales Tax 1,481,390.76 1,058,136.26 1,409,140.95 1,006,529.25 51,607.01 72,249.81 10‐4‐0005‐001 Sales Tax‐Auto 42,225.37 42,225.37 33,137.12 33,137.12 9,088.25 9,088.25 10‐4‐0005‐002 Sales Tax‐Boats & Trailers ‐ ‐ ‐ ‐ ‐ ‐ 10‐4‐0005‐003 Sales Tax‐Restaurants 282,557.38 201,826.70 294,549.88 210,392.77 (8,566.07) (11,992.50) 10‐4‐0005‐004 Sales Tax‐Boats(County) 183.46 183.46 206.38 206.38 (22.92) (22.92) 10‐4‐0005‐006 Sales Tax‐Vehicles 4,401.92 4,401.92 2,326.35 2,326.35 2,075.57 2,075.57 10‐4‐0005‐007 Use Tax 92,150.44 65,821.74 87,346.31 62,411.11 3,410.63 4,804.13 10‐4‐0005‐008 Use Tax ‐ Machine 525.80 525.80 1,819.59 1,819.59 (1,293.79) (1,293.79) 10‐4‐0005‐009 District Tax 117,785.58 117,785.58 103,976.11 103,976.11 13,809.47 13,809.47 10‐4‐0005‐010 Simple Sell/Use Tax ‐ ‐ ‐ 10‐4‐0005‐099 Sales Tax Discount (24,486.63) (24,486.63) (23,913.36) (23,913.36) (573.27) (573.27) 10‐4‐0006‐000 Gasoline Tax‐Local 82,603.68 82,603.68 77,994.50 77,994.50 4,609.18 4,609.18 10‐4‐0007‐000 Whiskey Tax 7,374.68 7,374.68 6,833.11 6,833.11 541.57 541.57 10‐4‐0008‐000 Beer Tax 23,559.60 23,559.60 18,763.01 18,763.01 4,796.59 4,796.59 10‐4‐0009‐000 Wine Tax 1,439.57 1,439.57 1,940.92 1,940.92 (501.35) (501.35) 10‐4‐0010‐000 Tobacco Tax 9,806.56 9,806.56 11,201.55 11,201.55 (1,394.99) (1,394.99) 10‐4‐0011‐000 Excise Tax Financial Inst ‐ ‐ ‐ ‐ ‐ ‐ 10‐4‐0012‐000 Lodging Tax 115,551.82 115,551.82 116,567.18 116,567.18 (1,015.36) (1,015.36) 10‐4‐0014‐000 ABC Sales Tax 8,425.98 8,425.98 ‐ 8,425.98 8,425.98 2,275,055.92 1,738,700.13 2,170,416.50 1,652,681.65 86,018.49 104,639.42 5.20% 4.82% Total Rebate 84,890.17 70,303.18 84,496.34 71,094.80 (791.62) 393.83 Net Total 2,190,165.75 1,668,396.95 2,085,920.16 1,581,586.85 86,810.11 104,245.59 5.49% 5.00% Dec‐16 Adjusted Dec 2016 Dec‐15 Adjusted Dec 2015 Organic Difference Actual Difference 12‐4‐0012‐001 Lodging Fee 23,251.50 23,251.50 24,565.50 24,565.50 (1,314.00) (1,314.00) City of Prattville Tax Breakdown Comparison