January sales follow upward trend in Snowmass
March 8, 2014
Sales in Snowmass Village rose 3.2 percent in January from the same month last year, according to a report from the town Finance Department.
The town collected tax on more than $32 million in sales in January. That’s potentially the highest revenue the month has ever seen in the village, said the report, which was issued Thursday.
So far, business this winter is pacing 3.5 percent ahead of the 2012-13 season, with growth in November and December, as well.
The town’s monthly tax report separates businesses into categories. It does not report collections from individual businesses.
Industries that saw increases in January year-over-year were lodging, 5.8 percent; sports equipment and clothing, 6.8 percent; food, drug and liquor, 2.5 percent; general retail, 2.8 percent; and utilities, 3.2 percent.
Categories that saw less revenue in January were restaurants, 5.1 percent; and miscellaneous, 90.4 percent.
Lodging accounted for just less than half of sales recorded in January, according to taxes collected. The town also has a 2.4 percent tax for hotel guests, revenue from which increased 5.8 percent.