Basalt sales tax revenues dip slightly in January |

Basalt sales tax revenues dip slightly in January

Staff report
The Aspen Times
Aspen, CO, Colorado

BASALT – Basalt’s sales tax report in February, reflecting sales in January, showed a slight dip from one year earlier.

The town collected $221,078 in sales tax revenues in January, down 0.33 percent from January 2011, according to a report by finance director Judi Tippetts.

Restaurants with bars showed strong growth, with sales increasing nearly 10 percent from January 2011. Retail sporting-goods shops logged an 11 percent gain in sales, the report said.

Grocery stores and other retail food sales were up 1.75 percent. That category is the single largest producer of sales tax revenues for the town.

General retail stores took a beating in January. Sales were down 13 percent.

Overall, Basalt business couldn’t maintain the momentum from December. Sales were up 4.5 percent that month.

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