April Sales & Use Tax collected in May, 2024
Barbara Crimond | Jun 19, 2024 | Comments 0
The 2024 total Sales & Use Tax collected for April was $468,022.33, an increase of $63,664.77 over 2023’s $404,357.56 (15.74%). Year to date, total Sales & Use Tax collections are up 9.68%, or $208,837.80 over last year. The 2023 total TYD number was $2,157,281.92, compared to this year’s total of $2,336,119.73.
Sales/Use Tax Revenue comparison by category – Collected in May 2024
2022 | 2023 | 2024 | |
Auto parts/vehicle repair | $15,523.00 | $18,125.14 | $19,571.07 |
Building materials | $26,553.73 | $17,438.88 | $22,129.85 |
Clothing/Dept stores | $116,250.53 | $121,235.52, | $151,564.67 |
C Stores/gas stations | $21,354.74 | $16,614.20 | $27,532.64 |
All Bus./electricity | $19,077.95 | $21,531.66 | $26,899.06 |
Furniture/appliances | $5,622.88 | $5,187.26 | $5,904.32 |
Grocery stores | $24,784.07 | $25,458.36 | $24,335.72 |
Hotels/motels | $15,796.75 | $11,491.46 | $18,334.80 |
Liquor stores/bars | $10,340.00 | $11,737.00 | $8,740.00 |
Manufacturing | $208.22 | $124.86 | $14.69 |
Other retail/all other | $68,187.93 | $78,930.11 | $53,610.27 |
Restaurants | $39,553.61 | $41,689.66 | $50,184.60 |
Sales/Use Tax Revenue comparison by category – January through May 2024
2022 | 2023 | 2024 | |
Auto parts/vehicle repair | $74,055.70 | $88,142.05 | $94,876.92 |
Building materials | $94,974.28 | $88,627.98 | $91,820.16 |
Clothing/Dept. stores | $547,858.60 | $596,325.51 | $801,097.31 |
C stores/gas stations | $98,527.01 | $86,025.65 | $134,774.69 |
All bus./electricity | $127,342.69 | $118,537.94 | $189,134.11 |
Furniture/appliances | $32,095.54 | $45,828.34 | $41,699.76 |
Grocery stores | $142,257.06 | $130,959.85 | $135,504.57 |
Hotels/motels | $63,499.40 | $53,118.48 | $71,400.47 |
Liquor stores/bars | $49,926.00 | $53,771.00 | $48,782.00 |
Manufacturing | $4,743.06 | $5,849.72 | $10,468.22 |
Other retail/all other | $523,988.60 | $531,766.74 | $351,194.17 |
Restaurants | $188,407.93 | $20,535.56 | $231,829.20 |
By Barbara Crimond
Filed Under: City of Lamar • Consumer Issues • Economy • Featured
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