April posts modest gain for Steamboat Springs

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— April’s sales tax collections in the city of Steamboat Springs increased 3.5 percent compared with April 2011, according to a preliminary report released Thursday afternoon. If the numbers hold up when the final report is issued in two weeks, April will be the second month this year in which revenues increased from the corresponding month in 2011.

Total sales tax collections for the month were $939,371 compared with $907,743 in April 2011. April’s revenues push year-to-date collections to $6.53 million, just 0.15 percent off the $6.54 million tallied through the first four months of 2011. The city budgeted for a 5 percent overall decrease in sales tax collections this year.

When broken down by category, April’s biggest year-over-year gains came in miscellaneous retail, which jumped 9.1 percent from $467,927 last year to $510,544 this year. The biggest decline was in utilities, which fell 10 percent from $154,921 last year to $139,521 this year.

Building use tax collections dropped 35 percent from April 2011. Building use tax revenues now are down 47 percent through the first four months of 2012.

Accommodations tax revenues crept up 1.7 percent in April, but the year-to-date collections still are down nearly 5 percent.

The city’s new sales tax dedicated to air service at Yampa Valley Regional Airport collected $115,530 in April. It now has brought in $356,542 through the first four months of the year.

April 2012 sales tax revenue

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