Lamar City Sales Tax Revenue Report

Russ Baldwin | Feb 15, 2017 | Comments 0

Sales tax revenue for the City of Lamar showed a slight slump for December 2016 Sales and Use tax, collected in January. Although City Sales Tax revenue was up 4.04%, Use Tax was down 40.18% for a drop of $23,566 compared to last year. The 4.04% gain of $13,702 for the same time was offset by the drop in Use Tax. Total Sales was off $9,063 for the beginning of the year at $400,420 compared to $409,498 for the previous period. Year-to-date figures are identical for the start of 2017.

The year to year comparisons of 12 retail trade categories also showed some declines between 2015 and 2017 for the beginning of the year.

	2015	2016	2017
Auto Parts/Repair	13,605	11,214	13,360
Building Materials	6,829	8,608	7,876
Apparel/Dept Stores	108,756	112,772	116,293
C Stores/Gas	8,696	10,710	11,620
All Business/Electricity	27,993	54,838	32,444
Furn/Appliances	3,641	3,455	4,798
Grocery Stores	8,540	23,763	22,028
Motels	6,141	9,266	8,557
Liquor Sales	9,736	10,598	10,135
Manufacturing	989	2,158	3,291
Other Retail/All Other	118,949	120,182	110,345
Restaurants	25,716	25,404	27,832