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November 13, 2012
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Sales see small rise in September

SNOWMASS VILLAGE - Sales were up 1.8 percent year-over-year in September, according to a sales tax report from the Finance Department.

The summer, including June through September, closed with an increase of 4.8 percent in sales. Year-to-date, sales in Snowmass Village are up 6.3 percent.

Lodging brought in more than a quarter of the revenue reported for September, although that industry was down 7.2 percent. Industries that saw losses included restaurants (0.9 percent), food, drug and liquor stores (27.5 percent), and miscellaneous (20.8 percent). Sectors that saw gains included sports equipment (40 percent), general retail (14 percent), special events (608.2 percent) and utilities (2.7 percent).

After lodging, restaurants carried 20.6 percent of revenue and general retail 20.2 percent.

The real estate transfer tax brought in more than $900,000 in revenue to the town in September, the biggest gain in that fund since March 2007. The gain is mostly thanks to the $90 million purchase of Base Village by Related Cos. on Sept. 28.

jbeathard@snowmasssun.com


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The Aspen Times Updated Nov 13, 2012 04:48PM Published Nov 13, 2012 04:48PM Copyright 2012 The Aspen Times. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.