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The original item was published from 1/11/2022 10:06:00 AM to 1/11/2022 11:05:02 AM.

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City of Steamboat Springs NEWS

Posted on: January 3, 2022

[ARCHIVED] November Preliminary Sales Tax Report

Grocery NewsFlash Wide

STEAMBOAT SPRINGS, COLORADO-January 3, 2022-The city has published the preliminary November sales, use, and accommodation tax report. The November 2021 sales taxes for the City of Steamboat Springs are 21.84% higher compared to the November 2020 collections or an increase of $389,126. 

For the past 5 years, November collections represent about 6% of annual collections. Year-to-date sales tax collection is 22.11% more than year to date through November 2020. When comparing this November to the same month last year there were notable increases in collections by category in lodging & amenities, restaurants, and miscellaneous retail. 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. November collections were up substantially compared to the same period last year. Year-to-date accommodations tax is up 34.05% 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. November net use tax collections total $250,443. Year-to-date net use tax collections are up 106% 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, the 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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