Report: Steamboat’s September sales tax revenues show increase
November 1, 2010
Steamboat Springs — City of Steamboat Springs sales, use and accommodations tax collections increased nearly 3 percent in September compared with the same month in 2009, according to preliminary figures released Monday by the city.
Kim Weber, the city's revenue supervisor, said July is the only other month this year that the city's tax collections increased from 2009.
Steamboat collected just more than $1.21 million in sales taxes in September, up from $1.18 million in September 2009. The increased collections bring the year-to-date total to nearly $12.4 million. That's down 2.3 percent from the $12.7 million in sales taxes collected through September 2009.
"We were hoping that we would continue to see increases through the rest of the year," Weber said. "We have budgeted over a 10 percent decrease from last year. To see that we're only down the 2.29 percent, we were encouraged to see that."
The preliminary September figures are subject to change when full collections are in, Weber said. She said the final report should be completed by the middle of the month.
Weber said the city was surprised to see sales tax collections increase in the mountain-combined area by about 45 percent and in lodging and amenities by nearly 12 percent.
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Outside of the Labor Day holiday weekend, September isn't a great tourism month for Steamboat, Weber said. But she said those increased numbers point to more visitors in September than during the same month in 2009.
Other categories that increased from September 2009 were utilities, restaurants and miscellaneous retail. Liquor stores saw the largest decline, at 2.2 percent.
Despite the second increase in sales tax collections in the past three months, Weber said she expects collections for the rest of the year to remain flat.
"I don't believe we'll see a large increase or any increase for the rest of the year," she said. "The 3 percent increase (in September) was encouraging to see."