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April 2021 - Monthly Tax Breakdown Comparison
City of Prattville, Alabama Tax Breakdown Comparison April 2021 These are the unaudited revenue figures for April (March sales): April 2021 (w/ sales tax increase) Taxes 3,385,266.17 Rebates ‐138,710.45 Net Tax 3,246,555.72 April 2021 (w/o sales tax increase) Taxes 2,620,698.08 Rebates ‐120,148.36 Net Tax 2,500,549.72 April 2020 (w/ sales tax increase) Taxes 2,586,113.86 Rebates ‐92,785.17 Net Tax 2,493,328.69 April 2020 (w/o sales tax increase) Taxes 2,010,050.17 Rebates ‐83,477.78 Net Tax 1,926,572.39 There was an increase in gross taxes of $799,152.31 or 30.90% There was an increase in gross taxes w/o the sales tax increase of $610,647.91 or 30.38% There was an increase in net taxes (with the rebates taken out) of $753,227.03 or 30.21%. There was an increase in net taxes (with the rebates taken out) w/o the sales tax increase of $573,977.33 or 29.79%. This month the sales tax increase generated an additional $764,568.09. A check in this amount will be cut and deposited into the debt service reserve account on 5/7/2021. Thus far the sales tax increase has generated an additional $61,238,552.24. 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 $61,286,476.09 towards Debt Service. Lodging Fee Revenue for the month was $38,682.00. Apr‐21 Adjusted April 2021 Apr‐20 Adjusted April 2020 Organic Difference Actual Difference 10‐4‐0004‐000 Rental Tax 27,105.46 19,361.04 24,470.42 17,478.87 1,882.17 2,635.04 10‐4‐0004‐001 Rental Automotive 12,142.19 12,142.19 10,330.20 10,330.20 1,811.99 1,811.99 10‐4‐0005‐000 Sales Tax 1,962,626.61 1,401,876.15 1,557,354.18 1,112,395.84 289,480.31 405,272.43 10‐4‐0005‐001 Sales Tax‐Auto 85,910.17 85,910.17 57,992.06 57,992.06 27,918.11 27,918.11 10‐4‐0005‐002 Sales Tax‐Boats & Trailers ‐ ‐ ‐ ‐ ‐ ‐ 10‐4‐0005‐003 Sales Tax‐Restaurants 447,249.99 319,464.28 276,113.43 197,223.88 122,240.40 171,136.56 10‐4‐0005‐004 Sales Tax‐Boats(County) 792.92 792.92 331.93 331.93 460.99 460.99 10‐4‐0005‐005 Sales Tax‐Special Event ‐ ‐ ‐ ‐ ‐ ‐ 10‐4‐0005‐006 Sales Tax‐Vehicles 8,570.11 8,570.11 3,579.31 3,579.31 4,990.80 4,990.80 10‐4‐0005‐007 Use Tax 239,006.26 170,718.76 158,284.89 113,060.64 57,658.12 80,721.37 10‐4‐0005‐008 Use Tax ‐ Machine 4,813.01 4,813.01 1,847.19 1,847.19 2,965.82 2,965.82 10‐4‐0005‐009 District Tax 171,137.94 171,137.94 121,606.89 121,606.89 49,531.05 49,531.05 10‐4‐0005‐010 Simple Sell/Use Tax 129,345.44 129,345.44 90,781.93 90,781.93 38,563.51 38,563.51 10‐4‐0005‐011 Transportation Network Fee ‐ ‐ ‐ ‐ ‐ ‐ 10‐4‐0005‐099 Sales Tax Discount (35,448.42) (35,448.42) (27,157.58) (27,157.58) (8,290.84) (8,290.84) 10‐4‐0006‐000 Gasoline Tax‐Local 99,666.74 99,666.74 97,247.76 97,247.76 2,418.98 2,418.98 10‐4‐0007‐000 Whiskey Tax 17,803.57 17,803.57 7,171.48 7,171.48 10,632.09 10,632.09 10‐4‐0008‐000 Beer Tax 21,624.64 21,624.64 27,645.98 27,645.98 (6,021.34) (6,021.34) 10‐4‐0009‐000 Wine Tax 1,927.62 1,927.62 1,860.82 1,860.82 66.80 66.80 10‐4‐0010‐000 Tobacco Tax 10,706.12 10,706.12 11,713.36 11,713.36 (1,007.24) (1,007.24) 10‐4‐0011‐000 Excise Tax Financial Inst ‐ ‐ ‐ ‐ ‐ ‐ 10‐4‐0012‐000 Lodging Tax 171,695.78 171,695.78 164,939.61 164,939.61 6,756.17 6,756.17 10‐4‐0014‐000 ABC Sales Tax 8,590.02 8,590.02 ‐ ‐ 8,590.02 8,590.02 3,385,266.17 2,620,698.08 2,586,113.86 2,010,050.17 610,647.91 799,152.31 30.38% 30.90% Total Rebates 138,710.45 120,148.36 92,785.17 83,477.78 36,670.58 45,925.28 Net Total 3,246,555.72 2,500,549.72 2,493,328.69 1,926,572.39 573,977.33 753,227.03 29.79% 30.21% Apr‐21 Adjusted April 2021 Apr‐20 Adjusted April 2020 Organic Difference Actual Difference 12‐4‐0012‐001 Lodging Fee 38,682.00 38,682.00 44,320.00 44,320.00 (5,638.00) (5,638.00) City of Prattville Tax Breakdown Comparison