Steamboat sales taxes up 33% from January 2021 | SteamboatToday.com
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Steamboat sales taxes up 33% from January 2021

Steamboat Pilot & Today
news@steamboatpilot.com

January sales taxes for Steamboat Springs came in 33.54% higher than the same month last year, according to figures released by the city.

The spike amounts to an increase of $983,064 in sales tax collections. For the past five years, January collections have represented about 10% of annual sales tax receipts.

When comparing this January to the same month last year, notable increases were seen in lodging and amenities (69.83%), restaurants (46.68%), and sporting goods (38.90%), as compared to January 2021. According to the city, all of those categories were down in 2021 compared to the prior year.



Increases in collections by area were seen across all geographical areas in which the city reports data.

Additionally, revenue from the accommodation tax, which is primarily dedicated to local trail projects, was up 70.41% in January compared to the same period last year.




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