City of Lamar April 2023 Sales Tax Revenue Report

Barbara Crimond | Jun 13, 2023 | Comments 0

Lamar city sales tax revenues dropped a small percentage, 1.14% for April 2023 compared to the last period last year. The dollar difference was $4,219 with 2022 collections at $369,698 compared to the recent collection period of $365,478. Use Tax collections were up 49.63% or the same period for a gain of $12,407 and Total Sales and Use Tax collections gain over last year by 2.01% for a difference of $7,984.

Year to date collections were improved with a 4.23% gain from January 2023 to May of this year at $79,307. Use Tax collections were up 23.34% for a gain of $34,142 and Other Collection categories improved by 572.20% for an increase of $17,544. Total Sales and Use Tax collections for the year are up 6.46% for a general gain of $130,994.

The year to date list of twelve retail sales categories showed a mix of gains and losses for the past three years with drops in Building Materials, C Stores and Gas Sales, Grocery Sales and Hotels and Motels.

	2021	2022	2023
Auto Parts-Vehicle Repair	64,191	73,501	86,659
Building Materials	63,088	83,312	73,556
Apparel & Department Stores	550,998	547,858	594,957
C Stores & Gas Sales	90,743	98,527	83,978
All Business/Electricity	170,763	127,228	118,587
Furniture-Appliances-Electricity	12,184	14,274	12,822
Grocery Stores	119,423	142,257	130,959
Hotels-/-Motels	51,032	63,499	53,118
Liquor Sales	47,312	49,926	53,771
Manufacturing	31,575	4,743	5,489
Other Retail – All Other	558,783	620,786	636,858
Restaurants	167,900	186,723	200,535