April didn’t bring showers of sales tax revenues in Glenwood
Post Independent Staff
Glenwood Springs sales tax collections slid 7 percent in April compared to April 2002, while bed tax revenues fell by 15 percent.
“April wasn’t a good month around the state,” said Glenwood Springs Chamber Resort Association director Marianne Virgili.
JC Penney manager Dave Eck said his store’s sales were down in April for the first time this year.
“Our drop was pretty indicative of the whole town,” Eck said. “It might have been weather-related. In the clothing business, good weather in the spring really helps.”
Accommodation tax receipts were down 15 percent in April compared to April 2002, according to the Glenwood Springs finance department.
The April sales tax report is the most recent report available.
Year-to-date through April, Glenwood Springs sales tax collections are down 1 percent compared to the same time frame last year.
Sales tax collections started strong in 2003, with a 5 percent increase in January compared to January 2002. Collections were up 1.7 percent in February, but fell 2.5 percent in March before dropping the 7 percent in April.
In the city’s 11 sales tax collection categories, the following areas increased this year through April: miscellaneous retail up 24 percent, food stores up 3.2 percent, building materials and supplies up 2.3 percent, automotive and service stations up 1.8 percent.
Furniture and home furnishings led the list of seven declining categories, with a year-to-date drop of 18.9 percent.
Motel and hotel revenues declined 11.6 percent, transportation and utilities fell 5.2 percent, eating and drinking establishments dropped 4.75 percent, general merchandise stores decreased 3.3 percent, apparel and accessories declined 2.7 percent, and the “all other” category dropped 13.5 percent.
Through the end of April, Glenwood’s 3.45 percent sales tax has brought in $2.9 million. For the same period last year, the tax brought in $2.99 million.
In 2002, total sales tax collections were $10.4 million.
The 2.5 percent accommodation tax, which is charged on lodging rooms and funds the city’s tourism marketing program, brought in $116,000 through April.
Contact Lynn Burton: 945-8515, ext. 534
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