City of Lamar Sales Tax Update

 City of Lamar 2013

Sales Tax Revenues took a drop of 5.13% for December Sales and Use Tax collected in January.  City Sales Tax was off 3.92% and the combined difference was %.13% for a drop of $18,464 for the same period last year.  Total collections for 2013 were $359,732 compared to last month of $341,268. 

The three year comparison for 12 retail sales categories were mixed, but were all on the same level between 2012 and 2014 for January. 

                                                2012                       2013                       2014
Auto Parts                           11,727                   11,707                   12,124
Building Materials               5,969                      9,412                      9,258
Apparel                                 3,674                      4,210                       4,766
C-Stores/Gas                        8,404                      7,674                       8,538
Dept Stores                      118,704                  119,572                  117,750
Furniture/App                      3,811                      3,253                       4,348
Grocery Stores                   24,395                    25,443                     22,705
Motels                                   9,532                     10,371                    10,198
Liquor/Bars                        10,193                     10,290                    10,511
Manufacturing                     4,891                       5,678                         591
Restaurants                        25,993                     27,112                   28,147
Other                                     6,276                       7,882                      8,669    

Filed Under: BusinessChamber/Local BusinesscommunityEconomyFeaturedLamar

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