Lamar Sales Tax Revenues Post Continued Gain
Russ Baldwin | Apr 11, 2012 | Comments 0
February Sales and Use Taxes collected in Lamar indicated another gain. City Sales Taxes were up 3.75% for a gain of $8,293.09 over last year at this time. City Sales Tax collected to date is $229,676.04. Total Sales and Use Tax collections were up 4.72% for the same period for an improvement of $11,012.85, for February collections at $244,462.09.
Year-to-date City Sales Taxes collected were up a similar 3.59% for a gain of $27,249.57 compared to this time last year. Total Sales and Use Tax Collections were up 3.14% for a Year-to-Date figure of $847,682.58 compared to $821,883.59 for the same time last year. In either recording period, Use Taxes and Other Collections categories were down.
The majority of the twelve retail outlet, sales tax categories showed an increase over last year for Year-to-Date measurements.
2010 2011 2012
Auto Parts/Repairs 29,338.86 30,942.76 33,722.30
Building Materials 18,520.85 15,193.30 21,140.07
Clothing/Shoes 7,889.92 8,029.59 8,528.00
C Stores/Gas 20,929.50 23,792.48 23,698.00
Department Stores 275,429.92 276,213.50 284,448.85
Furniture/Appliance 7,444.52 8,806.21 7,960.00
Grocery Stores 63,934.06 81,576.50 69,317.98
Motels 17,452.48 23,793.63 28,020.00
Liquor 21,882.00 22,495.00 25,081.00
Manufacturing 834.79 375.38 5,020.63
Other Retail 11,909.11 12,366.77 12,463.27
Restaurants 72,050.93 73,333.43 77,226.74
Filed Under: Business • City • community • Economy • Employment • Lamar • Recreation • Tourism • Utilities
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