Steamboat’s March sales tax collections show slight improvement in final report
May 17, 2013
Steamboat Springs — Sales tax collections in Steamboat Springs increased slightly in the final March report released Thursday by the city of Steamboat Springs.
The city collected $2,197,395 in March compared with $2,124,982 in March 2012, an increase of 3.4 percent and a slight bump from the preliminary March report, which showed a 3.1 percent increase. Year-to-date sales tax collections are up 6.6 percent compared with the first three months of 2012, with $6,030,018 collected this year.
By sales tax category, sporting goods showed the most growth by percentage at 16.2 percent. Also showing increased collections were lodging and amenities (6.6 percent), restaurants (3.8 percent) and liquor stores (1.3 percent). Marking the first declines in collections by any sales tax category this year were utilities (down 2.7 percent) and miscellaneous retail (down 0.9 percent).
By sales tax area, the base area showed the only growth at 10.8 percent. Remaining essentially flat were west Steamboat (0.1 percent), downtown (down 0.03 percent) and the U.S. Highway 40 corridor (down 0.3 percent). Regional collections showed a decrease of 3.3 percent.
Other tax categories
■ Building-use tax revenue reached $18,378 for a decrease of 22 percent from 2012. Year-to-date collections are up 56 percent.
■ Accommodation tax revenue totaled $147,096 for a 7.1 percent increase from 2012. Year-to-date collections are up 8.8 percent.
■ Air service tax revenue totaled $137,253 for a 14.8 percent increase from 2012. Year-to-date collections are up 24 percent.
To reach Nicole Miller, call 970-871-4246 or email nmiller@SteamboatToday.com