Lamar Sales Tax Revenues Continue to Improve

Lamar City Sales Tax revenues continue to climb, this month showing a healthy 11.26% gain for Total Sales and Use Tax Collections for this past March.  City Sales Tax increased 6.13% for a $15,854.91 gain, comparing 2011 to 2012 and the combined taxes increased $31,542.36 over the same period. 

Year-to-Date collections were up 4.28% for City Sales Tax for an improvement of $43,558.72 and Total Sales and Use Tax Collections were up 4.58% for March, showing an increase of $50,763.15 for that period. 

With only two exceptions, the 12 Retail Sales tax revenue categories showed gains in a year to date comparison.  Only furniture stores and grocery store tax revenue indicated a drop, with groceries showing a significant dollar fluctuation over the past three years.   

                                                2010                       2011                       2012 

Auto Parts                           41,238.50             42,718.80             47,549.81
Building Materials           25,084.24             24,996.30             32,399.07
Clothing/Shoes                  10,462.52             10,787.59             11,766.00
C Stores/Gas                      27,813.50             32,310.48             32,517.00
Department Stores         361,220.15           362,420.65           378,885.71
Furniture/Elec.                  10,706.91             11,217.21             10,603.65
Grocery Stores                  86,193.22           103,085.87             91,107.26
Motels                                27,445.48             33,041.63             40,042.00
Liquor Sales/Bars             29,088.00             30,094.00             34,654.00
Manufacturing                    1,096.79               3,253.38                5,558.63
Restaurants                        98,930.95          101,436.56           108,362.79
Other Retail                        15,742.48             16,654.87             16,850.32