Lamar Retail Sales Tax Notes a Drop

Barbara Crimond | May 10, 2017 | Comments 0

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