Lamar City Sales Tax Revenue, August Report
Russ Baldwin | Oct 15, 2014 | Comments 0
Total Sales and Use Tax Collections dropped 0.68% for the month of August, showing a revenue decline of only $1,871.63. Collections for August 2013 were $276,087, compared to $274,215 for the current period.
City Sales Tax collected for August was $2.48.242 for a drop of 1.12% compared to 2013. Use Tax Collections were up 5.62% compared to last year for a gain of $1,361.
Year-to-Date Collections for the same categories showed a decline of the combined collected taxes of 6.28% which meant a decrease for this year of $165,296. 2013 YTD collections were $2,632,699 and current collections are $2,467,402.
The twelve retail sales categories for tax collections, Year-to-Date for the City of Lamar are:
2012 2013 2014
Auto Parts/Vehicle Repair 101,180 92,895 90,687
Building Materials 74,453 71,686 67,394
Apparel/Dept Stores 768,584 774,635 718,065
C Stores/Gas Stations 70,441 69,273 68,783
All Business/Electricity 170,511 156,117 145,408
Furniture/App/Elec 18,098 16,925 14,933
Grocery Stores 185,766 179,757 167,159
Motels 105,406 105,686 95,181
Liquor Stores/Sales 74,369 72,925 65,250
Manufacturing 8,863 34,330 3,865
Restaurants 229,864 231,369 220,716
Other Retail/All Other 651,286 725,058 584,895
Filed Under: Business • Chamber/Local Business • community • Economy • Featured • Lamar • Media Release
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