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Lamar Sales Tax Maintains Growth Pace

Municipal Offices in Lamar

Municipal Offices in Lamar

July 2016 City Sales Tax collected in August was up 3.97% or $10,575 over the same period in 2015. Collections for July 2016 are $277,051.  Total Sales and Use Tax collections were up a smaller percentage and amount at 1.27% for a gain of $3,637 for the same month last year for an up to date fee for July at $291,138.

Year to date collections were 2.34% for a total of $2,215,866, compared to last year at $2,165,257 which marks a gain of $50,608. Total Sales and Use Tax collections were up 4.54% which puts the current gain for the city at $2,453,593 which is $106,507 better than 2015’s collections of $2,347,085.

Year to date collections from 2014, 2015 and 2016 are as follows, based on 12 different retail sales categories:

2014 2015 2016
Auto Parts/Repair 90,687 102,015

101,422

Building Materials

67,394 70,566 77,067
Clothing/Dept Stores 718,065 723,983

719,579

C-Stores/Gas

68,783 74,613 93,516
All Bsns/Electricity 145,408 155,710

182,384

Furn/Appl/Electrnics

14,993 14,687 15,688
Grocery Stores 167,159 176,709

200,287

Motels

95,181 86,375 98,486
Liquor Sales 65,250 67,447

69,608

Manufacturing

3,865 8,646 5,419
Restaurants 220,716 221,424

243,005

Other Retail/All Other

439,419 518,512

474,905

Filed Under: City of LamarConsumer IssuesEconomyEmploymentFeaturedHistoryMedia Release

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