City of Lamar November 2024 Sales and Use Tax
Barbara Crimond | Jan 20, 2025 | Comments 0
City of Lamar November 2024 Sales and Use Tax
November Sales and Use Tax Collected in December 2024
2024 | 2023 | Difference from 2023 to 2024 | Percentage of Difference | |
City Sales Tax Collected (3%) | $391,079.54 | $374,204.19 | $16,875.35 | 4.51% |
Use Tax Collected
|
$37,199.94 | $18,681.55 | $18,518.39 | 99.13% |
Other Collections (Penalties/Interest, Licenses, A/R’s) | $2,210.66 | -$959.00 | $3,169.66 | -330.52% |
Total Sales/Use Tax Collections | $430,490.14 | $391,926.74 | $38,563.40 | 9.84% |
Vendor’s Commission | $11,474.95 | $11,778.99 |
Year to Date
Sales and Use Tax Collected January – December 2024
2024 | 2023 | Difference from 2023 to 2024 | % of Difference | |
City Sales Tax Collected (3%) | $5,033,003.46 | $4,721,731.20 | $311,272.26 | 6.59% |
Use Tax Collected
|
$413,637.99 | $423,002.48 | -$9,364.49 | -2.21% |
Other Collections (Penalties/Interest, Licenses, A/R’s) | $29,092.15 | $30,665.66 | -$1,573.51 | -5.13% |
Total Sales/Use Tax Collections | $5,475,733.60 | $5,175,399.34 | $300,334.26 | 5.80% |
Vendor’s Commission | $145,181.54 | $149,976.43 |
Sales/Use Tax Revenue Comparison by Category
Sales and Use Tax Collected in December 2024
2022 | 2023 | 2024 | |
Auto Parts/Vehicle Repair | $16,718.00 | $16,173.44 | $30,366.61 |
Building Materials
|
$16,739.42 | $19,078.17 | $12,849.47 |
Clothing and Shoes/Dept. Stores | $121,632.77 | $156,230.07 | $160,468.47 |
C. Stores/Gas Stations
|
$15,449.75 | $27,175.78 | $26,985.17 |
All Business/Electricity
|
$19,527.75 | $26,545.53 | $29,325.50 |
Furniture/Appliances/
Electricity |
$4,822.93 | $5,475.32 | $4,197.83 |
Grocery Stores
|
$26,945.68 | $30,815.50 | $26,052.07 |
Hotels/Motels
|
$12,534.11 | $11,807.03 | $14,215.69 |
Liquor Stores/Bars
|
$9,373.00 | $9,338.00 | $9,838.00 |
Manufacturing
|
$876.39 | $20.57 | $13.88 |
Other Retail/All Other
|
$74,688.68 | $37,502.16 | $35,262.77 |
Restaurants
|
$34,844.47 | $35,272.09 | $44,513.34 |
YTD Sales/Use Tax Revenue Comparison by Category
Sales & Use Tax Collected January – December 2024
2022 | 2023 | 2024 | |
Auto Parts/Vehicle Repair | $190,984.43 | $225,439.29 | $235,724.19 |
Building Materials
|
$239,123.73 | $212,900.00 | $211,761.05 |
Clothing and Shoes/Dept. Stores | $1,372,722.17 | $1,549,134.36 | $1,908,550.90 |
C. Stores/Gas Stations
|
$245,900.34 | $267,508.09 | $334,425.25 |
All Business/Electricity
|
$295,845.58 | $304,857.84 | $413,910.19 |
Furniture/Appliances/
Electricity |
$72,924.51 | $85,181.13 | $85,151.53 |
Grocery Stores
|
$342,376.70 | $318,713.45 | $320,092.96 |
Hotels/Motels
|
$172,796.09 | $179,076.50 | $200,619.50 |
Liquor Stores/Bars
|
$125,301.00 | $129,103.00 | $121,279.00 |
Manufacturing
|
$7,722.05 | $9,329.08 | $11,576.89 |
Other Retail/All Other
|
$1,078,073.06 | $1,040,636.37 | $686,508.27 |
Restaurants
|
$464,954.29 | $513,047.70 | $567,101.72 |
Filed Under: City of Lamar • Consumer Issues • Economy • Featured
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