Lamar Sales Tax Grows for Another Month
Russ Baldwin | Aug 19, 2013 | Comments 0
The City of Lamar sales tax revenue for June 2013 showed a marked increase of almost 18% for a gain of $50,929.15 over the same month last year. Revenue taxes for June 2013 amounted to $334,024. Total sales and Use Tax collections were up 11%, a difference of $34,508.05 over the same month last year, bringing the total to $348,100.86. The monthly increase helped account for the 3.79% Year to Date gain in Total Sales tax collections, up $76,208.21 for the period which amounts to collections YTD of $2,089,017.54.
Comparisons between year to date sales tax revenues for the 12 Retail Trade categories were fairly static, comparing 2012 to 2013 tallies.
2011 2012 2013
Auto Parts 78,025 87,370 80,393
Building Materials 54,340 65,504 61,674
Clothing 19,111 20,329 20,537
C Stores & Gas 58,823 59,916 59,265
Dept Stores 631,334 655,820 656,689
Furniture & Elec 17,017 15,672 14,744
Grocery Stores 171,617 60,752 156,589
Motels 66,351 86,737 87,924
Liquor Sales 55,635 64,272 63,104
Manufacturing 5,108 7,784 30,942
Restaurants 186,604 196,989 195,952
Other Retail 28,421 28,483 30,129
Filed Under: Business • Chamber/Local Business • community • Economy • Featured • Lamar • Recreation • Tourism • Transportation
About the Author: