Lamar City Sales Tax Revenue Report

Russ Baldwin | Feb 09, 2021 | Comments 0

Municipal Offices in Lamar

Despite the on-going pandemic, the City of Lamar Sales Tax Revenue continues to post gains. The December 2020 Sales and Use Tax collected in January 2021 shows City Sales Tax is up 24.27% to start the new year. The difference translates to an increase of $92,491 from 2021 to 2020. Use Tax collections jumped 226.54% for a gain of $68,186 in the same period. Total Sales and Use Tax collections were up 39.11%. Total collections for 2021 were $582,132 compared to the same time last year at $418,455.

The twelve retail categories showed a mix of increases and drops for sales tax collections including gains in department stores and a drop in building materials from 2020 to 2021.

	2019	2020	2021
Auto Parts-Vehicle Repair	13,675	13,660	12,276
Building Materials	11,066	87,729	12,502
Apparel – Department Stores	119,727	121,209	132,749
C-Stores & Gas Sales	15,283	16,543	18,439
All Business/Electricity	23,926	23,309	103,593
Furniture-Appliances-Electronics	3,978	3,900	3,476
Grocery Stores	24,478	23,182	26,857
Hotels-Motels	9,487	10,453	10,436
Liquor Sales	11,315	11,052	11,324
Manufacturing	3,705	8,193	5,565
Other Retail-All Other	113,407	122,906	200,245
Restaurants	28,904	31,598	29,266