Steamboat’s September sales tax collections see small decrease
November 2, 2012
Steamboat Springs — Sales tax collections in the city of Steamboat Springs saw a decrease of 2.5 percent in September, marking only the second such decline this year, according to a preliminary report released Thursday by the city.
The city collected $1,301,037 in September compared with $1,334,828 in September 2011. March 2012 saw a decrease of about 1 percent over March 2011. All other months this year have seen sales tax increases compared with the same months in 2011. Year to date, the city's sales tax collections are up nearly 2 percent.
The September decline was reflected in nearly all sales tax categories. Miscellaneous retail (-4.6 percent), sporting goods (-1), utilities (-0.5), restaurants (-4.3) and liquor stores (-3.6) were down. Lodging and amenities was the only sales tax category that showed improvement compared with 2011, with a more than 9 percent increase.
Sales tax collections by area were a mixed bag. The base area saw the largest increase at 9.6 percent compared with September 2011. The U.S. Highway 40 corridor also saw an increase of about 2 percent. All other areas saw decreases, including regional (-9.7 percent), west Steamboat (-8.4) and downtown (-6.1).
In other tax categories, building-use tax collections again saw a more than 50 percent decrease in collections — a major change from August, when building-use tax collections saw its largest month-over-month increase at 32.7 percent. Collections remain down 38.8 percent year to date.
Accommodations tax collections were up nearly 8 percent in September and are flat year to date compared with 2011.
The air service tax collected $81,119 in September, putting year-to-date collections at $773,861.
To reach Nicole Miller, call 970-871-4246 or email nmiller@SteamboatToday.com