Final November sales tax report confirms that collections in Steamboat Springs took hit
January 16, 2013
Steamboat Springs — November sales tax collections for the city of Steamboat Springs couldn't overcome a lack of natural snow — only 17 inches were recorded at midmountain throughout the month — and fell by 1.3 percent compared with November 2011, according to a report released Tuesday.
Although collections improved slightly compared with the preliminary November report, which showed a 1.7 percent decline, November marks just the third month in 2012 in which sales tax revenue slipped from the previous year. 2012 collections through November are up 2 percent compared with 2011.
Sales tax categories that took the biggest percentage hits were lodging and amenities, down 20.5 percent, or $9,641, and sporting goods, down 18.7 percent, or $10,429.
By area, the mountain saw by far the largest percentage decrease in sales tax collections at 33.4 percent, down $31,948 compared with November 2011.
In other tax categories, building-use tax collections were down 58.3 percent in November, representing the eighth month of year-over-year decline in 2012. Through November, those collections are down 37.5 percent compared with 2011.
Accommodations tax collections were down 14 percent in November but remain essentially even with 2011 collections year to date.
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The Local Marketing District air service tax collected $66,573 in November for year-to-date collections of $907,552. The tax was not levied in 2011.
To reach Nicole Miller, call 970-871-4246 or email nmiller@SteamboatToday.com