Lamar City Sales Tax Revenue Report, February Collected in March, 2021
Russ Baldwin | Apr 13, 2021 | Comments 0

Municipal Offices in Lamar
The City of Lamar enjoyed another month of positive Sales Tax Revenue with an increase of 2.98% for City Sales Tax revenue collected for February, 2021. This translates to an increase of $8,019 over the same time frame from last year. Collections for 2020 were $268,954 compared to $276,974 for 2021. Use Tax collections were up 44.53% for a gain of $10,101 for the same period and Total Sales and Collections were up 6.36% for a gain of $18,620 over the previous year.
Year-to Date City Sales Tax Revenue was up 14.18% for 2021 with an increase over last year at $128,203. Collections in 2020 were $904,163 compared to 2021 at $1,032,366. Use Tax collections were up 62% for a gain of $59,842 and Total Sales and Use Tax collections, year-to-date were up 21.62% for a gain of $214,328. Total collections for 2021 are at $1,205,686 and collections for the same period last year were at $991,357.
The twelve retail categories for sales tax revenue, comparing 2021 to 2020, shows an increase in department stores, All Business-Electricity and Other Retail/All Other categories while restaurants and hotels under-performed in the same period. Auto Parts and sales of Groceries were basically static.
|
2019 | 2020 | 2021 |
Auto Parts/Vehicle Repair | 34,797 | 34,008 |
34,411 |
Building Materials |
26,758 | 27,923 | 33,602 |
Apparel & Department Stores | 286,510 | 302,937 |
321,423 |
C-Stores and Gas Sales |
42,779 | 48,468 | 51,860 |
All Business/Electricity | 72,319 | 54,952 |
138,253 |
Furniture-Electronics-Appliances |
6,717 | 6,125 | 6,591 |
Grocery Stores | 66,266 | 71,195 |
72,798 |
Hotels/Motels |
27,914 | 30,771 | 26,899 |
Liquor Sales | 24,185 | 25,784 |
27,251 |
Manufacturing |
4,036 | 9,136 | 7,673 |
Other Retail/All Other | 212,623 | 222,592 |
320,959 |
Restaurants |
83,543 | 93,690 |
88,805 |
Filed Under: City of Lamar • Consumer Issues • Economy • Featured
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