The City of Steamboat has published the final December 2018 Sales, Use, and Accommodation Tax Report. (See the Full Report.) The December 2018 Mountain Communities Report is also available. (See the Full Report.)
The City of Steamboat has published the final December 2018 Sales, Use, and Accommodation Tax Report. City of Steamboat Springs’ December 2018 sales taxes are 7.39% more compared to the December 2017 collections or an increase of $234,393. For the past 5 years, December collections represent about 13% of annual collections. Year to date sales tax collection is 6.48% more than year to date through December 2017.
When comparing this December to the same month last year, the greatest categorical increases were in Sporting Goods at 14.30% and Marijuana at 12.37%. Notable increases in collections by area were 21.46% for the Regional area and 6.21% for the Highway 40 Corridor.
Accommodation Tax is primarily dedicated to local trail projects since the Yampa Street improvements portion of referendum 2A was completed last year. A small amount each year is dedicated towards the marketing of these projects and capital improvements at Haymaker. December collections were up 10.11% compared to the same period last year. Year to date accommodations tax is up 9.76% compared to the same period last year.
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. December net use tax collections total $177,492. Year to date net use tax collections are down 25% through the same period last year due to larger project deposits collected in the prior year.
The city’s Tax Division strives to provide superior services. General tax information and staff contacts can be found on the Municipal Tax page. The webpage provides an efficient way for customers to access information on sales tax rates, online sales tax filing, construction use tax, excise tax on construction, vehicle use tax, and links to documents, reports and the sales tax code.
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Contact:
Sue Davies, Budget and Tax Manager, 970.871.8251 or email