Final April report shows slight improvement in Steamboat Springs sales tax collections
June 14, 2013
Steamboat Springs — April's sales tax collections in the city of Steamboat Springs increased slightly in the final April report, released Thursday by the city.
The city collected $943,443 this April, a decrease of 0.84 percent from April 2012 collections and slightly higher than the 0.92 percent decrease represented in the preliminary report. Year-to-date sales tax revenues are $6.99 million through the first four months of the year, up 5.8 percent from the $6.61 million collected through April 2012.
When compared by categories, April collections decreased year over year in all subsets except for liquor stores (2.3 percent increase) and utilities (10.3 percent increase). There were sales tax receipts gains in each of the city's geographic regions except for the U.S. Highway 40 corridor, which saw a decrease of 7.7 percent from April 2012.
April's modest decline in overall sales tax revenues came in spite of this year's early Easter holiday, which in turn had a significant impact on tourist numbers for the final two weeks of the 2012-13 ski season. The ski season ended April 14, and some resort lodging officials said April would be softer than in many recent years.
From a historic perspective, April's total sales tax collections were the fifth most in the past 11 years. Better Aprils were 2007 ($1.02 million), 2008 ($999,144), 2009 ($960,333) and 2012 ($951,429).
Also from the city's preliminary April tax revenue report:
• Building-use tax collections were up 155 percent compared with April 2012, bringing in $86,179. The building-use tax now has collected $126,487 through the first four months of 2013, up 112 percent from the same period a year ago.
• The city's accommodations tax on nightly lodging rentals brought in $13,097 in April, down 15.5 percent from a year ago. However, year-to-date collections are up 7.9 percent.
• The air service tax collected $58,957 in April, down 0.4 percent from April 2012. But the tax that helps fund airline guarantees for ski season flights into Yampa Valley Regional Airport has collected $436,437 this year, up 20.4 percent from the first four months of 2012.