Lamar Sales Tax Maintains Growth Pace

Barbara Crimond | Sep 14, 2016 | Comments 0

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