City of Lamar Sales Tax Report

Barbara Crimond | Dec 10, 2019 | Comments 0

City of Lamar Sales Tax revenue for October, collected in November showed a gain of 11.88% this year over 2018 for a net of $31,393. Total Sales and Use Tax collections were also up 6.57% for a gain of $19,102 over the previous year. Collections in 2018 was $290,705 compared to 2019 at $309,807.

Year to date collections did not keep up the pace as well with City Sales Tax revenues gaining 0.31% for a net gain of $9,976 and Total Sales and Use Tax collections fell behind, dropping 2.27% from the year before for a loss of $81,257. Total Collections in 2018 was $3,585,261 compared to this year at $3,504,004.

The 12 retail sales tax revenue categories were split in performance over the past three years, with gains noted this year in Apparel and Department Stores, Hotels and Motels and Restaurants, while there was a shortfall for Building Materials, All Business/Electricity and Grocery Stores.

	2017	2018	2019
Auto Parts-Vehicle Repair	136,696	140,712	14,797
Building Materials	133,307	178,854	129,894
Apparel & Dept Stores	1,033,126	1,039,547	1,157,053
C Stores & Gas Sales	136,225	189,499	180,145
All Business/Electricity	245,636	268,532	198,860
Furn-Appliance-Electronics	21,435	18,871	19,931
Grocery Stores	237,693	253,463	236,470
Hotels-/-Motels	147,237	140,588	144,651
Liquor Sales	97,636	99,640	93,851
Manufacturing	9,782	9,118	14,626
Other Retail-All Other	658,093	661,039	670,100
Restaurants	333,561	332,760	356,945