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The original item was published from 8/31/2017 3:15:40 PM to 10/7/2017 12:00:02 AM.

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Sales Tax Reports

Posted on: August 31, 2017

[ARCHIVED] July 2017 Preliminary Sales Tax Report

The City of Steamboat has published the preliminary July 2017 Sales, Use, and Accommodation Tax Report. (See the Full Report.)

The City of Steamboat has published the preliminary July 2017 Sales, Use, and Accommodation Tax Report. City of Steamboat Springs’ July sales taxes are 1.23% more compared to the July 2016 collections or an increase of $27,067. Year to date sales tax collection is 3.35% more than year to date through July 2016.

When comparing this July to the prior July, the greatest categorical increases were in marijuana at 13.50% and miscellaneous retail at 6.37%. Notable increases in collections by area were 24.64% for the Regional area and 9.28% for the West Steamboat area.

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. July collections saw a decrease of 2.89% compared to July 2016.

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. July 2017 use tax collections are $30,720 less compared to July 2016. Year to date use tax collections are $675,280 more through the same period last year.

For more information please contact Sue Davies, Budget and Tax Manager.

Contact Information:
Sue Davies, Budget and Tax Manager

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