City’s Sales and Use Tax Report presented to City Council at May 12 meeting

The city’s Sales and Use tax report was presented to Lamar City Council at the May 12, 2025 meeting.  The report was for March taxes collected in April.  While March was down 3.10% from last year in the amount of $15,425.07, year to date numbers rose higher.  Total taxes collected so far in 2025 are up 3.03%, or $55,159.93.

March Sales and Use Tax Collected in April 2025

 

  2025 2024 Difference from 2024 to 2025 % of Difference
City Sales Tax Collected (3%) $440,900.78 $458,964.62 -$18,063.84 -3.94%
Use Tax Collected $40,750.30 $32,356.98 $8,393.32 25.94%

 

Other Collections (penalties/interest, licenses, A/Rs_ $414.74 $6,169.29 -$5,754.55 -93.28%
Total Sales/Use Tax Collections $482,065.82 $497,490.89 -$15,425.07 -3.10%
Vendor’s Commission $12,343.67 $13,389.88    

 

Year to Date

Sales and Use Tax Collected January – April 2025

  2025 2024 Difference from 2024 to 2025 % of Difference
City Sales Tax Collected (3%) $1,708,988.43 $1,667,279.57 $41,708.86 2.50%
Use Tax Collected $144,249.71 $129,508.17 $25,741.54 19.88%
Other Collections (penalties/interest,

licenses, A/Rs

$10,038.05 $22,328.52 -$12,290.47 -55.04%
Total Sales/Use Tax Collections $1,874,276.19 $1,819,116.26 $55,159.93 3.03%
Vendor’s Commission $48,404.09 %50,718.42    

 

Sales/Use Tax Revenue Comparison by Category

April 2025

  2023 2024 2025
Auto parts/vehicle repair $19,946.81 $23,911.09 $19,021.81
Building materials $16,212.82 $17,777.25 $11,325.07
Clothing/shoes/department

Stores

$121,155.12 $173,961.94 $170,092.93
C-stores/gas stations $20,047.34 $28,598.25 $17,007.47
All business/electricity $21,244.65 $39,459.43 $38,091.45
Furniture/appliances/electronics $16,373.70 $14,029.63 $6,754.53
Grocery stores $29,385.50 $26,715.69 $23,781.56
Hotel/motels $12,70198 $10,873.58 $13,488.01
Liquor stores/bars $10,131.00 $10,200.00 $9,485.00
Manufacturing $1,135.26 $799.38 $228.38
Other retail/all other $102,076.17 $84,428.36 $67,502.34
Restaurants $46,814.16 $53,748.41 $62,668.91

 

Year to Date Sales/Use Tax Revenue Comparison by Category

Sales & Use Tax Collected January through April 2025

  2023 2024 2025
Auto parts/vehicle repair $70,016.91 $75,305.85 $68,356.85
Building materials $71,189.10 $69,690.31 $54,929.09
Clothing/shoes/department stores $475,089.99 $649,552.85 $643,125.48
C-stores/gas stations $69,411.45 $107,242.05 $101,898.61
All business/electricity $97,006.18 $179,068.60 $177,732.79
Furniture/appliances/electronics $40,641.08 $36,083.68 $36,978.81
Grocery stores $105,501.49 $111,168.85 $100,009.77
Hotels/motels $41,672.02 $53,065.67 $45,681.89
Liquor stores/bars $42,034.00 $40,042.00 $40,042.00
Manufacturing $5,724.86 $10,453.53 $6,049.24
Other retail/all other $452,856.63 $298,446.51 $260,384.18
Restaurants $158,845.90 $181,644.60 $197,923.23

By: Barbara Crimond

Filed Under: City of LamarConsumer IssuesFeatured

About the Author: