Lamar’s City Sales Tax Reflects April Increase

Barbara Crimond | Jun 15, 2016 | Comments 0

Municipal Offices in Lamar

The City of Lamar’s April Sales and Use Tax collected in May showed gains in both categories for the month and year to date. The 3% monthly City Sales Tax was up 4.34% over last year’s for a gain of $10,514.59. That’s comparing $252,867.26 for this year to $242,352.67 for last year at this same time. Total Sales and Use Tax collections were up for the same period at 6.94% for a gain of $18,383 against 2015.

Year to date showed a 1.3% improvement of $17,638 with this year’s total collections at $1,369,322 over 2015’s performance of $1,351,684. Total Sales and Use Tax collections were at $1,553,402 for 2016, compared to last year’s figure of $1,472,441 for an increase of 5.5% or a gain of $80,960.

The monthly comparison of taxes for 12 retail categories indicated a mix of gains and drops over the past three years:

	2014	2015	2016
Auto Parts/Repairs	54,597	62,428	60,129
Building Materials	36,820	36,463	43,119
Apparel/Dept Stores	446,848	447,736	447,893
C-Stores/Gas	40,268	45,805	54,953
All Business/Electricity	90,273	98,077	121,679
Furn/Appliance/Electrncs	11,025	10,306	10,169
Grocery Stores	103,547	111,705	124,058
Motels	51,556	46,944	53,176
Liquor Sales	37,883	39,873	42,009
Manufacturing	2,281	5,397	2,970
Restaurants	130,171	131,848	148,484
Other Retail/All Other	327,754	381,302	345,385