Aspen’s sales tax drops
Aspen, CO Colorado
ASPEN – The city of Aspen’s sales tax will drop from 2.2 percent to 2.1 percent, beginning Sept. 1.
The decrease is the result of one tax going away; it will be replaced with a new tax at a lower rate.
“In November of 2007, city of Aspen voters decided a .15 percent sales tax would replace the current .25 percent city sales tax,” explained Assistant City Manager Randy Ready in a press release. “The current .25 percent sales tax is used to fund the operations at the Rio Grande Parking Plaza, and that tax goes away Sept. 1, along with the debt service on the bonds that were issued to construct the garage in 1989.”
The new .15 percent sales tax will be used for in-town transit and pedestrian purposes.
Overall sales tax in the city currently is 9.1 percent, according to the city finance department’s website – 2.2 percent collected by the city, a 3.6 percent Pitkin County tax, .4 percent devoted to the Roaring Fork Transportation Authority and a 2.9 percent state sales tax.
Businesses or residents with questions about Aspen’s sales tax can contact Kathy Yang, sales tax auditor, at 920-5006 or Kathy.Yang@ci.aspen.co.us. One can also visit the finance department’s webpage at http://www.aspenpitkin.com for more general information on sales tax.
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