Lamar City Sales Tax Revenue Ending Year on Steady Growth
Russ Baldwin | Dec 12, 2012 | Comments 0
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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