Lamar City Sales Tax Posts Minor Gain for May

The City of Lamar Sales Tax for May of this year showed a 2.2% increase over 2012 figures and a $5,982 increase in revenue.  Actually, City Sales Tax declined slightly at 0.95%, but the balance was made up through Use Tax Collections, which were up 53%.  Year to date collections continue to make monthly increases, up 2.45% for May for a revenue increase of $41,700 over the same month last year.  Total collections for the year are $1,740,916, compared to 2012 which was %1,699,216. 

The 12 retail trades categories were split almost evenly on tax collections, gains for losses, for year to date summaries between 2011 and 2013. 

                                                2011                       2012                       2013 

Auto Parts                           65,088                   73,424                   67,440
Building Materials             43,688                   53,732                   51,397
Apparel                                16,043                  17,569                   18,165
C Stores/Gas                       49,325                  50,551                   49,600
Dept Stores                      540,537                 561,406                 562,032
Furn/Elec/Appl                  15,290                   14,554                   13,234
Grocery Stores                148,429                  137,131                134,260
Motels                                 52,879                    68,764                  71,408
Liquor Sales                        47,288                    53,393                  53,299
Manufacturing                     4,091                       5,711                 25,528
Restaurants                      156,384                  164,858                165,779
Other Retail                        23,710                    23,676                   25,652