Lamar City Sales Tax Shows Slight Gain

Total Sales and Use Tax Collections from the City of Lamar monthly sales tax report for October shows a 1.65% increase over October 2013 for a $4,195 gain.  City Sales tax was up 2.66% for that period, but the Use Tax dropped 9.81% for that time span.  Total collections for 2013 were $253,938 for October and $258,134 for 2014.

The Year to Date figures for the same measurements indicated a 5.14% drop, comparing 2013 to the most recent report.  City Sales tax collections were off by 5% and Use Tax collections were down 7.85%.  Total Year to Date collections were $3,169,961 for 2013 and $3,007,118 for this year for a difference of $162,842.

The twelve Retail Sales Tax categories for the three year period of collections between January through November are as follows:

.                                                    2012                       2013                       2014

Auto Parts/Repairs         123,772                   118,689                  112,966
Building Materials             93,719                    90,741                    85,725
Apparel/Dept Stores       949,170                   957,170                 885,699
C Stores/Gas Sales            88,795                     87,917                    87,580
All Business/Elec             227,461                   211,671                   191,279
Furniture/Appliance        20,959                      21,188                   17,629
Grocery Stores                 229,782                   222,390                 219,755
Motels                                137,008                   134,699                  121,107
Liquor                                   92,441                     91,233                   81,847
Manufacturing                      9,581                     35,384                     8,521
Restaurants                      288,698                   294,670                 277,105
Other Retail                      582,938                   669,282                  521,892