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The City of Steamboat has published the preliminary January 2013 Sales, Use, and Accommodation Tax Report. (See the Full Report.)
The City of Steamboat has published the preliminary January 2013 Sales, Use, and Accommodation Tax Report. City of Steamboat Springs’ January sales taxes are 8.29% more than the January 2012 collections, a difference of $146,049. Increases were seen across all categories of sales. The largest increase was a 17.25% increase in Sporting Goods. West Steamboat saw an increase of 20.98% over January 2012 and US 40 Corridor saw an increase of 17.16%. These increases correspond with the large amount of snowfall Steamboat Springs received in December of 2012, which was the sixth-highest December on record, according to the Western Regional Climate Center.
Accommodation Tax, which is currently used to fund Haymaker debt payments, saw an increase of 2.06% compared to the same time period in 2012.
The Local Marketing District Air Service Sales Tax, with a rate of .25%, saw an increase of 34.74% over January 2012. This tax began January 1, 2012 and is held separately from the City of Steamboat Springs sales tax.
Building Use Tax is used to fund capital projects for the City of Steamboat Springs. This tax fluctuates depending on building permits issued, use tax audits completed, and the size and number of developments in the City. January 2013 showed an increase of $20,444 over January 2012.
For more information please contact Kim Weber, Finance Director 970-871-8250.