Strong spring break visitation boosts March sales tax collections in Steamboat Springs
STEAMBOAT SPRINGS — March sales tax collections were up more than 11% compared with March 2018, primarily boosted by a strong end to the spring skiing tourism season at Steamboat Resort.
The city of Steamboat Springs collected $3.27 million in March for a year-to-date total of $8.83 million, according to a report.
Lodging properties’ sales tax collections were up more than 20%, and the mountain area collected nearly 19% more than in the same month in 2018.
“The conditions this winter made for a great spring season and a really strong end to our season,” ski area Senior Communications Manager Loryn Kasten said. “And getting the word out about those contentions probably helped encourage Front Rangers and more regional skiers to spend their spring breaks in Steamboat.”
More than 68 inches of snow fell in March at the ski area, putting the snowfall total at 325.75 inches with two weeks to go in the season. That compares with March 2018, when 36.25 inches fell, putting the season-to-date snow total at 215 inches.
The 2018-19 season snowfall total of 341.75 inches ranked as the 15th deepest winter in records dating back to 1979. The resort’s all-time season snowfall average is 315 inches.
Steamboat’s growth in collections surpassed nearly all similar mountain communities in Colorado, including Aspen, Winter Park, Frisco, Glenwood Springs and Vail. At 24%, only Snowmass Village saw sales tax collections increase more than Steamboat, according to a report.
Skiing aside, the construction industry saw the second highest sales tax collections growth in March at more than 11%, signaling the start of the seasonal construction season.
Trailside Village developers announced last week that they are putting their 46-unit condo complex on ice because of the rising costs of construction.
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