Lamar Revenue Taxes Show Monthly Gain

2014 Lamar Logo.eps

The City of Lamar’s April Sales and Used Tax shows a 3.96% improvement over April 2014 by $9,235.95 with $242,352 collected this past May and $233,116 collected last year.  Other Sales and Use Tax collections improved 1.06% over the same time last year for a gain of $2,784.  Total collections for April 2015 are at $264,914.

Year to date figures from January to May of this year show a 7.93% gain on City Sales Tax for an improvement of $99,320 with collections at $1,351,684 for 2015 compared to $1,252,364 for the same period last year.  Total Sales and Use Tax collections are at $1,472,441 for this year and were $1,373,091 for 2014.

A breakdown of the 12 retail sales categories, collected January through May 2015 are as follows:

      2013      2014       2015
Auto Parts/Repair      56,173     54,597      62,428
Building Materials      39,832     36,820      36,484
Apparel/Dept Stores    485,719   446,848    447,736
C Stores/Gas      40,844     40,268      45,805
All Business/Electricity      93,357     90,273      98,077
Furn/Appl, Electronics      11,617      11,025      10,306
Grocery Stores    111,912    103,547    111,705
Motels      56,016      51,556      46,944
Liquor Sales      43,671      37,883      39,873
Manufacturing      26,215        2,281        5,397
Restaurants    138,312    130,171    131,848
Other Retail/All Other 1,456,106 1,302,484 1,385,358

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