Steamboat Springs’ mountain district sees highest sales tax growth in November
January 16, 2014
Year-to-date sales tax growth in Colorado mountain towns
1. Snowmass (11.7 percent)
2. Breckenridge (11 percent)
3. Winter Park (10.9 percent)
4. Telluride (9.5 percent)
5. Vail (7.8 percent)
6. Crested Butte (6.9 percent)
7. Frisco (6.6 percent)
8. Steamboat Springs (6.5 percent)
9. Aspen (5.9 percent)
10. Glenwood Springs (2 percent)
Steamboat Springs — It was a good November for Steamboat Springs’ mountain area.
That area of the city saw the most gains in sales tax revenue in November 2013 compared to the same month the prior year.
Collections on the mountain were up 22 percent, and citywide collections were up 6 percent compared to November 2012.
The gains in the mountain area were coupled with significant gains in lodging sales tax collections.
Overall, the second-to-last sales tax report of 2013 was another positive one for Steamboat.
Year-to-date, sales tax collections are up more than 6 percent, and all of the industry categories from sporting goods to lodging saw gains in November.
The sales tax report for December historically is one of the largest of the year.
How does Steamboat’s sales tax growth rank on a regional level?
A running comparison to nine other mountain resort communities shows Steamboat’s growth of 6.5 percent ranks near the middle.
Snowmass is leading the pack with a reported 11.7 percent growth in sales tax revenue so far for 2013.
Steamboat’s 6.5 percent growth surpasses the growth seen in Aspen (5.9 percent) and Glenwood Springs (2.1 percent), and nearly matches the growth posted in Vail (7.8 percent), Crested Butte (6.9 percent) and Frisco (6.6 percent).