Lamar City Sales Tax Revenue Continues Yearly Climb

 

Municipal Offices in Lamar

 

Residents are still spending money. The September 2020 revenue report from the City of Lamar shows collections are up 4.25% for a gain of $13,461 with Use Tax up 2.22% for an increase of $5,911 over last year. Total Sales and Use Tax collections were up 5.5% for an increase of $19,055. 2020 collections were at $365,469 compared to 2019 at $346,413.

Year to Date collections also fared well. City Sales Tax revenue was up 7.46%, Use Tax was up 15.45% and Total Sales and Use Tax collections were up 7.22% for an increase of $230,657 over last year at this same time. YTD for 2020 is $3,424,228 compared to 2019 at $3,193,571.

There was a mix of losses and gains comparing the 12 retail and service categories, year-to-date with an increase for Building Materials and Grocery sales while there was a drop for Restaurants, Apparel and Department stores.

 

2018 2019 2020
Auto Parts-Vehicle Repair 127,770 131,556

136,416

Building Materials

166,217 118,071 130,654
Apparel & Department Stores` 947,439 1,059,042

1,034,711

C Stores and Gas Sales

174,065 162,185 169,604
All Business-Electricity 250,465 182,319

191,201

Furniture-Appliance-Electronics

17,726 16,704 19,457
Grocery Stores 218,249 216,221

253,100

Hotels-Motels

127,749 131,745 123,827
Liquor Sales 91,453 85,628

92,600

Manufacturing

9,098 14,566 17,199
Other Retail/All Other 612,603 621,061

668,318

Restaurants

302,327 325,199

320,136

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