Lamar City Sales Tax Maintaining Growth

Russ Baldwin | Jul 13, 2021 | Comments 0

A 12.16% increase in City of Lamar Sales Tax Revenue was noted for May, 2021 for $39,055 over the same time last year. 2021 collections were $360,259. Use Tax collections were up 5.15% for total Sales and Use Tax collections increased 9.29% for the same period for a gain of $32,221 and 2021 revenues were listed at $379.205.

Year to Date city sales tax revenues were up 14.08% for an increase of $259,565 over the same time period with Use Tax collections up 57.41% for a gain of $92,040 and Total Sales and Use Tax collections were up 18.38%. 2021 total collections are $2,394,396 compared to $2,022,666 for 2020 for a YTD increase of $371,730.

Building materials, All Business/Electricity and Other Retail/All Other categories of sales tax revenue showed the most gains with a drop in Groceries was noted.

	2019	2020	2021
Auto Parts-Vehicle Repair	74,918	76,478	81,443
Building Materials	64,294	73,069	82,484
Apparel/Department Stores	661,167	648,355	670,658
C Stores & Gas Sales	91,361	91,980	111,978
All Business/Electricity	99,697	98,888	186,526
Furniture-Appliances-Electronics	10,884	10,260	13,706
Grocery Stores	130,809	156,416	143,930
Hotels/Motels	64,903	63,950	65,882
Alcohol Sales	49,093	54,682	57,735
Manufacturing	7,780	11,363	32,015
Other Retail/All Other	388,708	409,068	571,372
Restaurants	184,073	176,776	211,020