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The City of Steamboat has published the final January 2015 Sales, Use, and Accommodation Tax Report. (See the Full Report.)
Also, the January 2015 Mountain Communities Report is available. (See the Mountain Communities.)
The City of Steamboat has published the final January 2015 Sales, Use, and Accommodation Tax Report. City of Steamboat Springs’ January sales taxes are 6.01% more than the January 2014 collections, a difference of $124,480.
Notable categorical increases were 7.59% in utilities, 6.68% in miscellaneous retail and 6.52% in lodging and amenities. Collections by area showed increases of 11.33% for the Regional area, 8.72% for the West Steamboat area, and 8.53% for the Downtown area over January 2014.
Accommodation Tax, with the passing of referendum 2A, is now primarily dedicated to local trail projects and Yampa Street improvements. Additionally, a small amount is dedicated towards the marketing of these projects and capital improvements at Haymaker. January collections saw an increase of 5.37%, or $6,604, more than January 2014.
The Local Marketing District Air Service Sales Tax, with a rate of .25%, saw an increase of 6.03% over January 2014. 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 2015 showed an increase of $13,346 from January 2014 or a 69% increase.
For more information please contact Sue Davies, Budget and Tax Supervisor 970-871-8251.