Staff report
Snowmass Sun
Snowmass Village, CO, Colorado

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February 12, 2013
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Sales finish up in 2012

SNOWMASS VILLAGE - Sales finished 6.1 percent higher in 2012 than in the previous year, according to the town Finance Department. December saw an increase of 2.5 percent over the same month in 2011.

The biggest contributor to sales in December was lodging, which was almost flat year over year with a 0.7 percent decrease in revenue. Restaurants were up 4 percent, sports equipment and clothing 6.6 percent and general retail 26.6 percent. Food, drug and liquor stores were down 12.6 percent, and utilities were down 11.6 percent.

Lodging also brought in 40 percent of the year's total sales tax revenue. Lodging sales were up 7.8 percent year over year. Restaurants were up 3.3 percent, sports equipment and clothing 6.5 percent, food, drug and liquor stores 1.7 percent and general retail 19.4 percent. Utilities revenue was down 3 percent.

The real estate transfer tax collected a little more than $2.2 million, a 3.4 percent increase from the year before.

Expenditures from the town general and marketing funds were 1.6 percent over budget. The county spent 1.3 percent over budget.


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The Aspen Times Updated Feb 12, 2013 09:03PM Published Feb 12, 2013 09:01PM Copyright 2013 The Aspen Times. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.