City of Lamar Sales Tax Revenue for August, 2019

Barbara Crimond | Oct 15, 2019 | Comments 0

City of Lamar Sales Tax revenue collected in August, 2019 showed a 5.56% gain over last year for an increase of $15,521.12 for a total of $294,738, compared to $279,217 for 2018. Use Tax was down 29.13% for a drop of $8,323 and Total Sales and Use Tax collections were up 2.40% for an increase of $7,395 for the year. 2019 revenue was $315,533 for August while 2018 was $308,138.

Year to Date collections were off 1.77% for 2019 for a drop of $46,959. YTD collections were $2,611,535 for 2019 with 2018 at $2,658,494. Use Tax collections were off 25.22% for a loss of $73,949. Total Sales and Use Tax collections as of August 2019, Year to Date, were down 4.12 for a loss of $122,290. Total collections for 2019 are at $2,847,783 compared to 2018 of $2,970,073.

The twelve retail trade categories showed a decrease in five areas including: Building Materials, Apparel and Department Stores, C-Stores and Gas, All Business-Electricity and Liquor Sales. Restaurants showed a gain.

	2017	2018	2019
Auto Parts-Repair	112,000	115,912	117,779
Building Materials	85,212	153,320	105,241
Apparel-Dept Stores	845,829	857,133	871,454
C Stores-Gas Sales	109,168	158,323	144,547
All Business-Electricity	199,615	228,070	157,761
Furn-Appliance-Elect	19,141	16,331	15,047
Grocery Stores	188,107	197,377	195,359
Hotels-Motels	11,298	113,625	114,764
Liquor Sales	78,260	82,327	76,485
Manufacturing	7,777	7,209	11,273
Other Retail-All Other	537,833	559,426	560,869
Restaurants	271,049	272,619	292,078