City of Lamar Sales Tax Revenue Squeaks into a Gain for September
Russ Baldwin | Oct 10, 2012 | Comments 0
Revenue was up less than a full percentage point for the August Use and Sales Tax, collected this past September, at 0.82%. That marks an increase over last year at $2,227.91 for City and Use Tax collections. 2011 revenues were at $271,596.95 for the month and 2012 showed revenues at $273,824.86.
Year-to-Date figures for City Sales Tax was up 4.14%, Use Tax collected was up 13.95% for a composite increase of 4.73% year to date and a gain over last year by $115,240.38. 2011 YTD collections were at $2,434,207.29 and 2012 is at $2,549,447.67. Year to date Vendor’s commissions were up over last year’s at $83,611.57, compared to $81,221.28. Library Sales Tax collections were off for 2012 at $41,164, compared to 2011 at $187,858.54.
Sales and Use Tax Collected for 12 Retail Categories, January through September 2012
2010 2011 2012
Auto Parts $100,562.74 $106,520.36 $112,450.81
Building Materials 78,308.66 71,050.30 83,289.91
Clothing/Shoes 24,453.38 25,221.59 26,234.00
C Stores/Gas 72,527.50 77,567.48 79,232.00
Dept. Stores 806,930.82 811,519.11 832,761.93
Furniture 21,021.43 20,980.58 19,554.48
Grocery Stores 194,005.10 217,137.57 206,461.88
Motels 88,367.98 95,512.63 122,530.00
Liquor Stores/Bars 72,365.00 75,114.00 883,466.00
Manufacturing 1,837.37 6,562.38 7,859.63
Other Retail 32,833.37 34,881.37 33,952.16
Restaurants 244,776.87 245,763.61 258,754.46
Filed Under: Agriculture • Business • Chamber/Local Business • City • community • Economy • Employment • Energy • Featured • Lamar • Recreation • Tourism • Transportation • Utilities
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