Wednesday, August 1, 2012
Steamboat Springs June sales tax collections are up more than 4 percent compared with the same month last year, according to a preliminary report released by the city of Steamboat Springs.
When other taxes the city collects — accommodations, air service and building use — are added in, the total is more on pace with June 2011, with an increase of 0.19 percent. That total includes the new air service tax, which was passed by Steamboat voters in November and was not collected in 2011. Without the new tax added in, collections are down 7.24 percent compared with the same month last year.
The June total represents the third straight month of increased sales tax collections and the fourth month this year. January and March sales tax collections were down compared with last year.
Steamboat also saw growth within all of its sales tax categories — miscellaneous retail, lodging and amenities, sporting goods, utilities, restaurants and liquor stores — and all but one of its sales tax areas, with west Steamboat seeing a decrease of 2.5 percent.
June's total tax collections were hit hard by a 68.6 percent decrease in building-use tax collections, falling from $251,063 in 2011 to $78,748 in 2012. Year-to-date building-use tax collections are off 52.4 percent.
The June 2012 numbers push the city’s year-to-date collections to $9.99 million, up about 4.4 percent from the $9.56 million collected through the first six months of 2011.
To reach Nicole Miller, call 970-871-4246 or email nmiller@SteamboatToday.com
2012 preliminary June tax revenue