City September Sales Tax Revenue Takes a Drop
Russ Baldwin | Nov 12, 2014 | Comments 0
Total Sales and Use Tax Collections for the City of Lamar fell to 5.73% below last year’s Year to Date for a drop of $167,038 compared to 2013. City Sales Tax collections for the same period were off 5.68% for a decline of $150,912 Year to Date collections on all taxes for 2014 is $2,748,983.49 compared to $2,916,022.25 for 2013.
September 2014 collections on all taxes were down 0.61% compared to last year for a drop of $1,742. 2014 collections on all taxes were $281,580 and $283,322 for 2013. City Sales Tax for September 2014 was off 0.25% for a drop of only $664.83.
Sales and Use Tax Revenue comparisons by retail category are as follows for a three year comparison.
. 2012 2013 2014
Auto Parts/Repair 113,188 105,897 100,341
Building Materials 83,479 81,343 76,988
Apparel/Shoes/Dept Stores 861,556 869,096 805,717
C Stores/Gas 79,893 78,477 78,171
All Business/Electricity 201,509 181,135 168,601
Furn/Appliance/Electronics 19,656 19,800 16,329
Grocery Stores 207,857 210,125 187,301
Motels 122,589 121,142 108,746
Liquor Sales 83,687 82,599 73,687
Manufacturing 8,903 34,495 3,899
Restaurants 261,180 266,728 249,593
Other Retail/All Other 522,903 604,905 463,200
Filed Under: Agriculture • Business • Chamber/Local Business • community • Economy • Featured • Lamar • Tourism • Transportation • Utilities
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