Lamar City Sales Tax Revenue Posts Another Gain

Lamar City Sales Tax collected for October was up 3.92% over last year, for a gain of $8,988.42.  However Use Tax and Other collections were in the negative column, so Total Sales and Use Tax Collections were up only 1.23% for a $3,118.51 gain over the year.  Total collections for October 2011 were $255,689.48. 

Year-to-Date Collections showed a gain of 2.62% on Total Sales and Use Tax Collections for a difference over last year of $75,876.73.  YTD collections for 2010 were $2,896,096.12, and for 2011 they were at $2,971,972.85. 

With one or two exceptions, YTD Sales and Use Tax Revenue for 2011 was leading the twelve Retail Sales figures for the previous year and for 2009. 

                                                   2009                       2010                       2011 

Auto Parts                           124,140.97           124,420.00           129,565.36
Building Materials           104,037.75              97,290.97             86,863.57
Clothing/Shoes                    29,751.33              29,517.24             30,523.59
C-Stores/Gas                        86,705.50              89,729.50             95,150.48
Dept. Stores                       993,566.37            970,014.56           985,494.62
Furniture/Elec.                    26,488.86              24,634.22              25,449.58
Grocery Stores                  239,992.65           234,930.90            260,426.24
Motels                                104,657.63           109,128.98            122,525.63
Liquor Sales                         85,979.04             89,281.00              93,277.00
Manufacturing                      2,640.43               2,150.29                 9,843.38
Other Retail                         36,130.29             40,488.60              42,983.83
Restaurants                       294,959.06          300,367.18            300,876.33

Filed Under: BusinessChamber/Local BusinessCitycommunityEconomyLamarThe Journal Alert

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