City September Sales Tax Revenue Takes a Drop

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Total Sales and Use Tax Collections for the City of Lamar fell to 5.73% below last year’s Year to Date for a drop of $167,038 compared to 2013. City Sales Tax collections for the same period were off 5.68% for a decline of $150,912  Year to Date collections on all taxes for 2014 is $2,748,983.49 compared to $2,916,022.25 for 2013.

September 2014 collections on all taxes were down 0.61% compared to last year for a drop of $1,742. 2014 collections on all taxes were $281,580 and $283,322 for 2013.  City Sales Tax for September 2014 was off 0.25% for a drop of only $664.83.

Sales and Use Tax Revenue comparisons by retail category are as follows for a three year comparison.

.                                                                    2012                       2013                       2014
Auto Parts/Repair                           113,188                   105,897                100,341
Building Materials                            83,479                    81,343                   76,988
Apparel/Shoes/Dept Stores          861,556                869,096                  805,717
C Stores/Gas                                      79,893                   78,477                     78,171
All Business/Electricity                  201,509                 181,135                  168,601
Furn/Appliance/Electronics           19,656                  19,800                     16,329
Grocery Stores                                  207,857                210,125                   187,301
Motels                                                 122,589                  121,142                 108,746
Liquor Sales                                       83,687                    82,599                    73,687
Manufacturing                                    8,903                     34,495                     3,899
Restaurants                                      261,180                  266,728                 249,593
Other Retail/All Other                  522,903                 604,905                 463,200

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