Another Revenue Gain in City Sales Tax Report

Barbara Crimond | Sep 14, 2021 | Comments 0

People continue to spend money in the City of Lamar, based on the July, 2021 sales tax revenue report. The basic Sales Tax Revenue increased 16.63% for a difference of $52,376 over 2020’s figures. Sales Tax revenue for 2021 is $367,262.20, compared to $314,885.72 for the same period last year. Total Sales and Use Tax collections are up20.78% for a gain of $71,918 in the same period.

Year to Date figures show a 17.47% increase comparing 2020 to 2021 with a difference of $480,533.93 between the two time periods. Total Sales and Use Tax collections are at $3,230,946.43 for 2021 compared to $2,750,412.50 for 2020, year to date.

The 12 retail sales categories for July posted gains across the board with the exception of Grocery Store sales which had a slight drop.

	2019	2020	2021
Auto Parts-Vehicle Repair	104,066	108,386	117,420
Building Materials	90,499	101,386	126,855
Apparel-Department Stores	863,405	862,773	890,813
C Stores and Gas Sales	126,880	131,922	154,015
All Business/Electricity	132,935	145,311	228,800
Furniture-Appliance-Electronics	14,004	15,139	17,924
Grocery Stores	174,384	206,539	192,247
Hotels/Motels	98,362	91,848	100,502
Liquor Sales	67,568	74,036	78,579
Manufacturing	11,208	14,078	33,296
Other Retail/All Other	521,081	554,340	768,425
Restaurants	256,158	252,536	291,785