Steamboat Springs sales tax collections up almost 9 percent in May | SteamboatToday.com
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Steamboat Springs sales tax collections up almost 9 percent in May

Postcards promoting Steamboat Springs are on display in a downtown retail store.
Scott Franz

— The city of Steamboat Springs collected nearly $100,000, or 8.9 percent, more in sales tax revenue in May compared to the same month last year.

A preliminary report from the city shows that after a flat month of collections in April, the city saw its tax revenue climb significantly in all parts of town.

The mountain area saw the greatest increase in revenue with a 43 percent increase in collections over last year.



In other highlights, revenue from sporting good sales was up 33 percent and revenue from lodging was up 19 percent.

Year to date, the city’s sales tax collections are up 6 percent.



The city crafted its 2016 budget anticipating it would collect 3 percent more in sales tax revenue this year over the amount it was projecting to receive in 2015.

Taking a look at Steamboat’s regional sales tax standing so far this year, the city is seeing its revenue grow at a higher percentage than Aspen, Crested Butte, Glenwood Springs, Vail and Snowmass Village.

Frisco, Telluride and Winter Park are seeing their sales tax numbers go up at a higher rate than Steamboat.

Several ski towns saw their tax collections stay flat or even decrease significantly in April.

The sales tax collections in Vail were down by 24 percent compared to April 2015.

To reach Scott Franz, call 970-871-4210, email scottfranz@SteamboatToday.com or follow him on Twitter @ScottFranz10


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