Spring Sales Tax Revenue Continues to Climb for Lamar April Figures

Barbara Crimond | Jun 15, 2021 | Comments 0

Municipal Offices in Lamar

Lamar sales tax revenue figures continue to show healthy gains into the spring season with City Sales Tax collected in April up 12.8% for a gain of $36,601 over the previous year. Collections for 2021 are at $322,639 compared to $286,037 for 2020. Total Sales and Use Tax collections were also up 25.5% for the same time period for a growth of $78,927 with $388,502 collected in 2021 and $309,574 for 2020.

Year to date figures are also on course. City Sales Tax collections for April, 2020, YTD are up 14.49% for an increase of $220,510 with 2021 figures at $1,742,830 compared to 2020 at $1,522,320. Total Sales and Use Tax collections grew 22.21% for the same period for an increase of $366,174. Collections for 2021 are at $2,015,190 compared to 2020 at $1,649,016.

The 12 retail sales categories for tax revenue collections show a mix of increases with the most significant in All Business/Electricity and Other Retail/All Other while Grocery store tax revenue dropped as well as Hotels/Motels.

	2019	2020	2021
Auto Parts/Vehicle Repair	61,173	62,090	64,191
Building Materials	50,374	54,603	63,088
Apparel-Department Stores	558,231	525,572	550,998
C Stores and Gas Sales	74,596	73,428	90,743
All Business/Electricity	86,225	85,445	170,763
Furn-Appliances-Electronics	9,801	8,783	12,184
Grocery Stores	108,873	128,265	119,423
Hotels/Motels	51,258	52,815	51,032
Liquor Sales	40,468	44,305	47,312
Manufacturing	9,390	11,276	31,575
Other Retail-All Other	337,307	353,396	504,215
Restaurants	148,573	148,222	167,900