April City Sales Tax Shows a Gain
Barbara Crimond | Jun 13, 2019 | Comments 0
City sales tax revenue for the City of Lamar posted a two-fold gain for April, 2019. General sales tax collections were up 2.19% for a gain of $5,512 and Total Sales and Use Tax collections were up 6.71% for a gain of $18,511 over the previous year. April collections for 2019 were at $294,336 compared to $275,824 for 2018.
Year-to-Date collections continued to fall behind last year’s revenues with City Sales Tax down 4.85% for a loss of $71,865. 2018 collections were at $1,481,984 compared to $1,410,118 for the current year. Total Sales and Use Tax collections were down 8.07% for a decrease of $136,499 compared to last year. 2018 collections were at $1,690,762 compared to the current figure of $1,554,262.
Restaurant tax revenues posted a significant gain comparing recent figures from 2019 to 2018. There were noticeable drops in revenues in Building Materials, C-Store and Gas and All Business/Electricity.
2017 | 2018 | 2019 | |
Auto Parts-Vehicle Repair | 56,889 | 62,332 | 61,173 |
Building Materials | 41,063 | 87,400 | 50,374 |
Apparel- Department Stores | 465,769 | 470,406 | 464,999 |
C Stores-Gas Stations | 54,355 | 89,495 | 74,596 |
All Business-Electricity | 106,541 | 138,603 | 86,225 |
Furn-Appliance-Electronics | 11,270 | 9,225 | 9,800 |
Grocery Stores | 105,527 | 110,654 | 108,873 |
Motels | 45,862 | 54,682 | 51,258 |
Liquor Sales | 40,282 | 43,986 | 40,468 |
Manufacturing | 5,601 | 4,517 | 9,390 |
Other Retail-All Other | 311,042 | 353,958 | 337,296 |
Restaurants | 138,576 | 139,382 | 146,878 |
Filed Under: City of Lamar • Consumer Issues • Economy • Featured
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