Snowmass sales see big spike, set record in March
Snowmass Village sales rose 11.7 percent year over year in March, according to a report from the town Finance Department.
Sales tax collections totaled $322,656.12, the highest amount ever recorded by the town in March. The previous record was set in March of last year, which surpassed even pre-recession revenue.
The collections put sales tax revenue for the ski season ahead of last winter by 3.6 percent. Sales in the first quarter of 2014 rose by 3.5 percent over the same timeframe last year.
The sales tax report shows collections from businesses by industry. It does not report on individual businesses.
Industries that saw increases in March were lodging, 16.6 percent; restaurants, 9.2 percent; sports equipment and clothing, 16.1 percent; food, drug and liquor, 0.5 percent; general retail, 1.0 percent; and miscellaneous, 48.9 percent.
Revenue from utilities dropped 5.3 percent.
Collections from the real estate transfer tax fund rose 4.9 percent.
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