Lamar April, 2019 Sales Tax Revenue Report
Barbara Crimond | May 15, 2019 | Comments 0
Sales Tax revenues were off for the City of Lamar for March Sales and Use Tax collected in April, 2019. City Sales Tax was down 7.15% for a drop of $22,180 while Total Sales and Use Tax collections were down 8.42% for a loss of $29,268. Sales Tax collections were at $288,187 for 2019 while total taxes collected for the year were at $318,270. Use Tax collections were off 19.45% for a drop of $6,790.
Year-to-Date collections were down 6.29% for City Sales Tax reflecting a decrease of $77,378 for the year, comparing 2018 at $1,229,986 to $1,152,608 for 2019. Total Sales and Use Tax collections dropped 11.10% for a decrease of $157,262. 2018 collections were $1,417,190 and were at $1,259,926 for 2019.
The 12 retail categories showed a sharp decrease in All Business/Electricity, Building Materials and C Stores and Gas Sales, comparing 2018 to 2019, while Restaurants showed an increase.
|
2017 | 2018 | 2019 |
Auto Parts-Vehicle Repair | 46,082 | 50,980 |
48,420 |
Building Materials |
31,477 | 75,152 | 36,815 |
Apparel-Department Stores | 374,165 | 382,715 |
384,619 |
C Stores – Gas Sales |
43,325 | 74,780 | 59,132 |
All Business-Electricity | 88,257 | 120,762 |
72,815 |
Furniture-Appliance-Electronics |
9,755 | 8,106 | 8,653 |
Grocery Stores | 83,691 | 88,925 |
87,426 |
Hotels/Motels |
34,123 | 44,764 | 40,267 |
Liquor Sales | 32,248 | 35,909 |
32,863 |
Manufacturing |
5,592 | 3,878 | 5,570 |
Other Retail/All Other | 266,200 | 307,345 |
285,017 |
Restaurants |
109,955 | 111,655 |
116,413 |
Filed Under: City of Lamar • Consumer Issues • Economy • Featured • Media Release
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