City of Lamar Tax Revenue Report

Barbara Crimond | Nov 09, 2021 | Comments 0

Sales tax revenues for the City of Lamar posted another month of gains for this past September with City Sales Tax up 11.39% for a difference of $37,611. Collections for 2021 were $367.725 and $330,113 for 2020. Total Sales and Use Tax collections gained 9.33% for 2021. Total collections were $399,559 for this year and September 2020 collections $365,469.

Similar gains were posted for the year-to-date collections with City Sales Revenue up 12.94% for an increase of $407,072 for the year, compared to 2020. Total YTD collections for 2021 are at $3,553,704 compared to $3,146,631 for last year. Use Tax collections were up 40.36% for a gain of $115,069 for the same time period and up 144.27% for Other Collections for a difference of $26,988. Total Sales and Use Tax collections, year-to-date is up 15.91% for an increase of $549,130. Collections for 2021 are at $3,999,594 and were $3,450,464 for this time last year.

Of the twelve retail sales categories listed, only Grocery Tax Revenue fell off, while Other Retail/All Other, skyrocketed compared to YTD sales from the previous year.

	2019	2020	2021
Auto Parts-Vehicle Repair	131,556	136,416	146,649
Building Materials	118,071	130,654	153,010
Apparel-Department Stores	1,059,042	1,060,799	1,097,724
C-Stores/Gas Stations	162,185	169,604	194,985
All Business-Electricity	182,319	191,201	281,469
Furniture-Appliance-Electronics	16,704	19,457	21,870
Grocery Stores	216,221	253,100	241,408
Hotels-Motels	131,745	123,827	135,242
Liquor Sales	11,315	11,052	11,324
Manufacturing	14,566	17,199	36,209
Other Retail/All Other	621,061	671,081	917,908
Restaurants	325,199	320,136	371,655