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Lamar Retail Sales Tax Notes a Drop

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March Sales and Use tax collected in April by the City of Lamar showed a decrease of 1.36%, or $3,885.89 when compared to the same period in 2016. Collections in 2017 were $281,626.93 and $285,512.82 for last year.  Total Sales and Use Tax collections had a drop of 2.93% for a decrease of $9,262.08.  Collections in 2017 were $306,559.82 and were $315,821.90 for 2016.

Year to date revenue shows a drop of 1.42% for a drop of $15,859.11 from 2016 to this year. 2017 collections for city sales tax was $1,100,596.16 compared to 2016 at this time of $1,116,455.27.  Total Sales and Use Tax collections were off 3.99% which translated to a drop of $50,730.33.  2017 collections were $1,219,373.30 compared to 2016 of $1,270,103.63.

The following are the collections in 12 retail categories comparing January through April for 2015-2017. There were gains in Apparel/Department Stores, while most categories posted a loss.

2015 2016 2017
Auto Parts/Repair 47,862 47,430

46,082

Building Materials

25,928 33,225 31,477
Apparel-Dept Stores 360,418 364,053

375,729

C Stores-Gas Sales

36,978 42,941 43,325
All Business-Electricity 83,600 105,982

88,257

Furn-Applianc-Electrncs

9,268 8,944 9,755
Grocery Stores 90,898 98,760

83,691

Motels

36,357 42,116 34,123
Liquor Sales 31,799 33,998

32,248

Manufacturing

5,030 2,931 5,592
Restaurants 104,604 113,099

109,955

Other Retail-All Other

305,484 268,989

263,958

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Filed Under: City of LamarConsumer IssuesEconomyFeaturedTourismTransportation

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