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Soft Month for April Sales Tax Collections

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Sales Tax collections for the City of Lamar for March dropped although year to date figures continues to show a gain. Sales Tax alone was down 7.82% for a drop of $24,224, putting current collections at $285,512, compared to this time last year at $309,737.  Total Sales and Use Tax collections were also down 3.75% for a drop of $12,297 with total collections for the month at $315,821 compared to 2015 at $328,119.

Year to date Sales Tax collections posted a gain of less than one percent, at 0.64% for a slight gain of $7,123. City Sales Tax collected were $1,116,455 for 2016 against $1,109,331 for the same time last year.  Total Year to Date collections posted a gain of 5.18% for an improvement over last year by $62,557.  2016 YTD collections were $1,270,103 compared to 2015 at $1,207,526.

Year to Date collections for the 12 different retail sales categories showed a steady growth for most sectors.

2014 2015 2016
Auto Parts/Repairs 42,862 47,862 47,430
Building Materials 28,411 25,928 33,225
Clothing/Dept Stores 364,647 360,418 363,943
C-Stores & Gas 31,921 36,978 42,941
All Bus/Electricity 74,989 83,600 105,982
Furn/Appl/Electronics 9,414 9,268 8,944
Grocery Stores 82,838 90,898 98,760
Motels 35,562 36,357 42,116
Liquor Stores & Sales 30,551 31,799 33,998
Manufacturing 2,249 5,030 2,931
Restaurants 103,285 104,604 113,099
Other Retail/All Other 1,066,953 1.140,898 1,165,050
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