Freshies waitress Lauren Margolis delivers lunch Wednesday at the Steamboat Springs restaurant. Owner Scott Fox said his business enjoyed solid months in July and August.

Photo by John F. Russell

Freshies waitress Lauren Margolis delivers lunch Wednesday at the Steamboat Springs restaurant. Owner Scott Fox said his business enjoyed solid months in July and August.

Steamboat sales tax collections up in July

Advertisement

photo

Lauren Margolis waits on Leigh Hindman (left) and her husband, David, during Wednesday's lunch rush at the Steamboat Springs restaurant. Owner Scott Fox said his business enjoyed solid months in July and August.

photo

Freshies waitress Lauren Margolis picks up an order during Wednesday's lunch rush at the Steamboat Springs restaurant.

— City sales tax collections increased 1.7 percent in July compared with July 2009, marking the city’s first such increase — meaning, a positive change compared to the corresponding month a year earlier — since August 2008.

“We were very excited when we ran the numbers to see that there was the increase,” Steamboat Springs revenue supervisor Kim Weber said. “We were all hoping for it because everyone had a general feeling that there were more people in town. … We had good weather in July, and the lodging numbers were up.”

Sales tax revenue across Steamboat Springs totaled $1,443,067 in July compared with $1,419,472 in July 2009.

The preliminary figures, which city officials released Wednesday, are subject to change when full collections are tallied.

The figures indicate a continued increase in activity — compared with last summer, at least — for businesses at the base of Steamboat Ski Area.

July sales tax revenues from the base area totaled $215,311 compared with $189,729 in July 2009. That’s an increase of about 13.5 percent.

Downtown businesses also saw increased activity in July compared with a year ago, with a 3.5 percent increase in sales tax collections in July this year.

The city has budgeted a 10 percent decrease in sales tax revenues for 2010.

That decrease is on top of the 18 percent decrease budgeted in 2009. July’s report puts the city at about a 3.3 percent decrease year-to-date compared with total collections at this time last year.

The city had collected $10,182,325 in sales tax revenue through June 2009 compared with $9,842,280 through June this year.

Across Steamboat Springs, restaurants, lodging and miscellaneous retail all saw slight increases in July compared with a year ago.

“I see restaurants, lodging and retail as (the) better economic indicators, and we saw increases in all of those,” Weber said.

Business was hopping Wed­­nes­­day afternoon at Freshies.

Owner Scott Fox indicated his business reflects July’s sales tax numbers.

“The summer’s been fantastic, business-wise,” he said. “Lots of people in town.”


By the numbers

July sales tax numbers*

■ Total collections in July 2008: $1,728,329

■ Total collections in July 2009: $1,419,472

■ Total collections in July 2010: $1,443,067

■ Percent change, July 2009-10: 1.7

Category: July 2009 — July 2010 — Percent change

Miscellaneous retail:$702,062 — $708,779 — 1 percent

Lodging and amenities: $203,221 — $207,925 — 2.3 percent

Sporting goods: $67,036 — $65,919 — -1.7 percent

Utilities: $118,161 — $121,582 — 2.9 percent

Restaurants: $265,724 — $276,984 — 4.2 percent

Liquor stores: $63,267 — $61,883 — -2.2 percent

Area: July 2009 — July 2010 — Percent change

Downtown: $324,154 — $335,491 — 3.5 percent

Base area: $189,729 — $215,311 — 13.5 percent

U.S. 40 corridor: $578,765 — $556,608 — -3.8 percent

Regional: $140,085 — $156,959 — 12 percent

West Steamboat: $186,739 — $178,698 — -4.3 percent

*Preliminary report subject to change after full collections are received.

Source: City of Steamboat Springs

Comments

JLM 3 years, 12 months ago

Not a huge development but welcome nonetheless. This may be the end of the beginning though the improvement is so anemic, it is difficult to tell. Welcome a bit of "good" news.

0

Requires free registration

Posting comments requires a free account and verification.