City of Lamar Sales Tax Revenue Report – April, 2022
Barbara Crimond | Jun 14, 2022 | Comments 0
Sales tax revenue collections were up for this past April for the City of Lamar with a 14.59% increase over last year at this time for a gain of $47,059. Collections for this past April was $369,698. Use Tax collections were down 28.42% for a drop of $9,925 and Other Collections were down 94.95% for a drop of $29,263. Total Sales tax and Use Tax collections were up 2.03% for a moderate gain of $7,870 for the month of April.
Year to date collections showed increases for City Sales Tax revenues at 7.70% for a gain of $134,114 over this time last year for a current total of $1,876,945. Use Tax collections and Other Collections were both down for a drop of $108,113. Total Sales and Use Tax collections, YTD were up only a fraction at 1.29% for a gain of $26,000 over this time last year.
The Year to Date revenue percentages for various retail sales categories between January 2022 and this past April are as follows, for a three year period:
2020 | 2021 | 2022 | |
Auto Parts-Vehicle Repair | 62,090 | 64,191 | 73,501 |
Building Materials | 54,603 | 63,088 | 83,312 |
Apparel and Dept Stores | 525,572 | 550,998 | 547,858 |
C Stores & Gas Sales | 73,428 | 90,743 | 98,527 |
All Business-Electricity | 85,445 | 170,763 | 127,220 |
Furniture-Appliance-Electronics | 8,783 | 12,184 | 14,274 |
Grocery Stores | 128,265 | 119,423 | 142,257 |
Hotels-Motels | 52,815 | 51,032 | 63,499 |
Liquor Sales | 44,305 | 47,312 | 49,926 |
Manufacturing | 11,276 | 31,575 | 4,743 |
Other Retail-All Other | 353,396 | 504,364 | 554,137 |
Restaurants | 148,222 | 167,900 | 186,723 |
Filed Under: Chamber of Commerce • City of Lamar • Consumer Issues • Economy • Featured • Lamar Chamber of Commerce
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