City of Steamboat sees increase in September sales tax
STEAMBOAT SPRINGS — City sales and use tax collection in September were over $100,000 more than the previous year, according to a report released by the city.
The city of Steamboat Springs took in just over $2.1 million in September, representing a 7.62% increase from 2018. The largest increases during the month came in the construction/home improvement and marijuana sectors.
A breakdown of the sales tax in Steamboat Springs.
- City of Steamboat Springs sales tax: 4%
- School tax: 0.5%
- State of Colorado: 2.9%
- Routt County: 1%
Total combined tax rate: 8.4%
Collections in September represent 8% of the city’s annual collections. So far in 2019, the city has collected nearly $21 million in sales taxes, an increase of about 7.83% compared to the same period last year.
The geographical areas where sales taxes are collected that showed an increase in September were from the regional Steamboat area and West Steamboat.
To reach Bryce Martin, call 970-871-4206 or email bmartin@SteamboatPilot.com.
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