Lamar City Sales Tax Revenue Ending Year on Steady Growth

 

Although the monthly sales tax revenue collections for October were down 3.82%, the year-to-date figures showed a 3.45% increase, or $102,351.78 above numbers from this same time last year.  2012 Total Sales and Use Tax Collections are at $3,073,124.63, compared to $2,970,772.85 for 2011.  Both City Sales Tax and Use Tax collections were down 2.56% and 22.57% respectively. 

There was a slow gain for October for the 12 retail trade categories for tax collections, comparing 2011 through 2012.  With three exceptions, the year-to-date collections between this year and last all posted gains.

                                               2010                    2011                  2012
Auto Parts                           125,081                 130,634            137,509
Building Materials                97,290                   86,863            103,531
Clothing                                29,517                   30,523              31,660
C Stores/Gas                         89,729                    95,150             96,391
Dept Stores                         970,014                  985,494        1,004,452
Furniture/Elec                       24,634                    25,449             22,730
Grocery                                234,930                 260,426           249,703
Motels                                 109,128                 122,524           148,839
Liquor                                    89,281                   93,277           101,402
Manufacturing                        2,150                     9,843               8,179
Restaurants                        300,367                 300,876           313,567
Other Retail                          40,488                   42,983             40,946

 

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