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October 9, 2012
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August sales tax up from last year

SNOWMASS VILLAGE - Sales tax revenue in Snowmass Village showed a 7.7 percent increase in August from the same month last year, according to the town Finance Department.

That puts the summer, excluding September, up 5.3 percent from where revenue levels were at the end of August 2011. Sales tax revenue for the year-to-date is also 6.5 percent higher than the same period last year.

The lodging industry contributed most to August's sales tax revenue, though it only rose 2.8 percent. Restaurants were second in revenue, although they were down 4 percent. General retail, the third biggest contributor to revenue, saw a significant 60.2 percent increase in sales.

Food, drug and liquor sales rose 13.9 percent from August 2011; sports equipment and clothing increased 23 percent; and utilities gained 6.6 percent.

jbeathard@snowmasssun.com


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The Aspen Times Updated Oct 9, 2012 04:07PM Published Oct 9, 2012 04:06PM Copyright 2012 The Aspen Times. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.