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The original item was published from 11/16/2021 8:16:55 AM to 11/29/2021 12:00:02 AM.

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City of Steamboat Springs NEWS

Posted on: November 16, 2021

[ARCHIVED] September Final Sales Tax Report

Sales Tax Hotel NewsFlash

STEAMBOAT SPRINGS, COLORADO-November 15, 2021-The city has published the Final September 2021 sales, use, and accommodation tax report. The September 2021 sales taxes for the City of Steamboat Springs are 17.55% higher compared to the September 2020 collections or an increase of $441,097. 

For the past 5 years, September collections represent about 8% of annual collections. Year to date sales tax collection is 23.39% more than year to date through September 2020. When comparing this September to the same month last year there were notable increases in collections by category in lodging & amenities, restaurants, and construction & home improvement. Increases in collections by area were seen across all geographical areas. 

Accommodation Tax is primarily dedicated to local trail projects. A small amount each year is dedicated towards the marketing of these projects and capital improvements at Haymaker. September collections were up substantially compared to the same period last year. Year to date accommodations tax is up 32.77% 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 reconciliations completed, and the size and number of developments in the City. September net use tax collections total $261,162. Year to date net use tax collections is up 149% through the same period last 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.

-WeServeTheCity-

Contact
Sue Davies, Budget and Tax Manager, 970.871.8251 or email

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