News Flash

City of Steamboat Springs NEWS

Posted on: January 17, 2023

November Final Sales Tax Report

Nov Sales Tax NewsFlash

STEAMBOAT SPRINGS, COLORADO-January 17, 2023-The city has published the final November 2022 sales, use, and accommodation tax report. The November 2022 sales taxes for the City of Steamboat Springs are 9.86% higher compared to the November 2021 collections or an increase of $215,078. 

Year-to-date sales tax collection is 18.88% more than year-to-date through the same period last year. For the past 5 years, November collections represent about 6% of annual collections. 

When comparing this November to the same month last year the notable increases in collections by category are in sporting goods at 29.60% and utilities at 17.38% over last November. Increases were seen in most geographical area categories.

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 are 10.32% higher compared to the same period last year. Year-to-date accommodation tax collection is 29.98% more than in 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 $261,875. Year-to-date net use tax collections are up 4% 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 & Tax Manager, 970.871.8251 or email

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