City of Lamar May Sales Tax Lags Behind Last Year

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Total Sales and Use Tax for the City of Lamar decreased 2.52% or $7,102 comparing May 2013 to this year.  On a cumulative level, the city’s sales tax has dropped $96,350 or 5.53% since the start of the year.

City Sales Tax for May 2014 was down 3.25% compared to last year and Use Tax Collected was up 2.76%.  Total taxes collected for this period was $271,473. 

Year to Date figures show City Sales Tax off 3.95% and Use Tax Collected was down 20.71% for a drop of $61,580 and $34,236 respectively.  Total taxes collected YTD was $1,740.916 for 2013 compared to $1,644,566 for the $96,350 difference.

All 12 retail trade categories, January to June 2014, were down in comparison to the same period for this year.

                                             2012                2013                2014

Auto Parts                       73,977             67,881             66,208

Building Materials          53,732             51,410            48,125

Apparel                            17,613              18,165            16,996

C-Stores/Gas                   50,983              50,223            49,672

Dept Stores                   562,976            567,724         526,689

Furniture                          14,648              13,370           12,312

Groceries                        138,302           134,944         124,442

Motels                               68,804             71,561           64,555

Liquor Sales                      53,562             53,465           47,108

Manufacturing                   6,233             26,261             2,653

Restaurants                   134,920            168,794        159,897