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Early City Sales Tax Revenue Stays Slow

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The City of Lamar has seen slow returns on sales tax revenues since the beginning of the year. February Sales and Use Tax collected in March is down 2.25% from the previous year, showing a decrease of $5,305.36 from the year before.  Total collections are also off 1.49%.  Collections for 2017 are $258,419 compared to 2016 at $262,332 for a difference of $3,913.

Total Sales and Use Tax collections, Year to Date through March, are off 4.35% for a drop of $41,468 from the previous year. Collections for 2016 were $954,281 compared to 2017 at $912,813.

Sales tax revenue for the 12 retail categories and services collected through March of this year indicate a decrease for almost every category.

2015 2016 2017
Auto Parts/Repairs 34,066 34,156

32,352

Building Materials

17,441 23,719 21,414
Apparel/Dept Stores 271,161 277,654

278,506

C Stores & Gas

24,463 31,383 31,514
All Business/Electricity 67,358 90,590

72,995

Furn/Appliance/Electrncs

6,609 6,491 7,908
Grocery Stores 69,248 66,454

62,725

Motels

25,745 27,692 23,348
Liquor Sales 23,503 25,214

23,727

Manufacturing

3,188 1,434 4,078
Restaurants 74,650 84,648

78,688

Other Retail/All Other

211,306 207,053

204,369

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Filed Under: City of LamarConsumer IssuesCountyEconomyFeaturedTourismTransportationUtilities

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