May a typical offseason month for Snowmass businesses | AspenTimes.com
YOUR AD HERE »

May a typical offseason month for Snowmass businesses

Jill Beathard
Snowmass Sun

While Aspen’s retail sales broke a record in May, Snowmass Village’s business activity remained at a level standard for offseason.

Snowmass retailers reported $2.32 million in sales for the month, according to the town Finance Department. That’s a decline of $209,796, or 8.3 percent, from revenue reported in May 2013.

Sales tax collections for the year are pacing 2.4 percent ahead of 2013.

The Finance Department divides collections by industry categories in its report. It does not report collections from individual businesses.

Industries that saw increased revenue in May were restaurants, 66.8 percent; sports equipment and clothing, 128.5 percent; miscellaneous, 22.5 percent; and utilities, 2.0 percent. Categories that saw decreases were lodging, 37.4 percent; food, drug and liquor, 59 percent; and general retail, 8.6 percent.

Collections from the town’s 2.4 percent lodging tax were down 21.7 percent in May. Revenue from the real estate transfer tax rose 9.4 percent.

jbeathard@snowmasssun.com


Support Local Journalism

Support Local Journalism

Readers around Aspen and Snowmass Village make the Aspen Times’ work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Each donation will be used exclusively for the development and creation of increased news coverage.

For tax deductible donations, click here.
 

Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User