Another Growth Month for Lamar Sales Tax Revenue

Total Sales and Use Tax Collections for June 2012 for the City of Lamar increased 11.95% over the same period last year.  Collections amounted to $313,592.81, or an increase of $33,484.43.  City Sales Tax increased for that period 6.59%, up $17,497.79.  Year to Date tax collections were increased appropriately, at 6.60% for Total Sales and Use Tax Collections for a gain of $124,532.55 over the same period, January through July 2012.  Total Collections is at $2,012.809.33 for 2012, compared to $1,888,276.78 for 2011. 

Some of the 12 Retail Sales Categories collected in July 2012, compared to collections for the same period in 2011 shows a diversity of dollar growth: 

                                                July 2011                              July 2012
Auto Parts                           12,937                                   13,946
Clothing                                 3,068                                     2,760
C Stores                                  9,498                                     9,365
Dept. Stores                       90,796                                   94,414
Grocery Stores                  23,188                                   23,581
Motels                                  13,472                                   17,973
Restaurants                        30,220                                   32,130 

Sales Tax Revenue Year to Date for all 12 categories: 

                                                    2010                       2011                       2012
Auto Parts                           75,991.90             78,025.80             87,370.81
Building Materials           58,438.83             54,340.30             65,504.91
Clothing                               18,493.38             19,111.59             20,329.00
C Stores                                52,508.50             58,823.48             59,916.00
Dept. Stores                     629,819.58           631,334.11           655,820.93
Furniture                             17,132.41             17,017.58             15,672.48
Grocery Stores                150,913.80           171,617.76           160,752.38
Motels                                  61,400.98             66,351.63             86,737.00
Liquor Sales                       54,311.00             55,635.00             64,272.00
Manufacturing                    1,763.29               5,108.38               7,784.63
Other Retail                       27,217.40             28,421.71             28,473.62
Restaurants                       82,687.14           186,604.57           196,989.49