November 2019 Lamar City Sales Tax Revenue Report
Barbara Crimond | Jan 14, 2020 | Comments 0
While the November Sales and Use Tax collected in December showed a strong gain at 7.55%, the YTD collections for the year were off 1.5%. Total Sales and Use Tax collections were up $22,929 against last year with collections for 2018 at $303,556 and 2019 was $326,485. City Sales Tax for November was up 6.81% for a gain of $19,083 over the same period last year.
Year to Date collections were up a fraction at 0.83% for a gain of $29,060. Total Sales and Use Tax collections were off 1.5% for a drop of $58,327 compared to last year, overall. Total collections for 2018 were $3,888,818 compared to 2019 at $3,830,490. Use Tax collections for 2019 were off $90,147 for a 24.12% drop compared to last year with 2018 collections at $373,750.
Of the 12 Retail Tax classifications, three had sizeable decreases compared to last year, in Building Materials, C-Stores and Gas and All Business/Electricity.
|
2017 | 2018 | 2019 |
Auto Parts-Repair | 148,091 | 151,723 |
159,556 |
Building Materials |
149,400 | 188,865 | 139,999 |
Apparel-Dept Stores | 1,133,477 | 1,142,229 |
1,190,047 |
C Stores-Gas Sales |
148,729 | 203,761 | 195,902 |
All Business/Electricity | 261,873 | 284,674 |
214,090 |
Furn-Appliance-Electronics |
22,634 | 19,986 | 18.931 |
Grocery Stores | 274,960 | 275,473 |
272,816 |
Hotels/Motels |
161,769 | 150,423 | 154,836 |
Liquor Sales | 106,661 | 108,178 |
102,458 |
Manufacturing |
9,984 | 9,183 | 14,641 |
Other Retail/All Other | 696,658 | 699,619 |
723,520 |
Restaurants |
361,790 | 360,372 |
388,804 |
Filed Under: City of Lamar • Consumer Issues • Economy • Featured • Hot Topics • Media Release
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