City of Lamar December Sales Tax Report

City of Lamar

Total Sales and Use Tax collections for November of this past year show a slight decline of 1.65% for a drop of $4,539 against 2013 earnings.  City Sales Tax for November was up 1.57% for an increase of $3,944, but when coupled with all other tax collections, the decline was noted.

Year to Date total collections from January thru December 2014 showed a 4.86% drop for the year which translated to a decrease of $167,381 for the period, comparing $3,444,559 for 2013 to $3,277,177 for the previous year.  The monthly City Sales tax collection, YTD, was off $140,782.

Sales and Use Tax Revenue for the 12 Retail Categories for the past three years is as follows:

.                                                             2012                2013                2014

Auto Parts/Repairs                    137,509           129,169          126,110
Building Materials                    103,806           101,310             94,674
Dept Stores & Apparel         1,039,153        1,053,059          972,665
C Stores & Fuel                           97,359              97,352            96,186
All Bus/Electricity                     245,246           229,528           208,143
Furn/Appliance/Elec                  22,867             22,695              19,051
Grocery Stores                          265,106             256,293          239,836
Motels                                        148,913             147,049          132,602
Liquor/Bars                               101,694             100,229            90,159
Manufacturing                              9,635               35,398              8,570
Other Retail/All Other             772,735            854,807          693,457
Restaurants                               113,806            117,920          106,759