Carbondale sales tax revenues are up in first quarter of 2012 | PostIndependent.com
YOUR AD HERE »

Carbondale sales tax revenues are up in first quarter of 2012

John Colson
Post Independent Staff
Glenwood Springs, CO Colorado

CARBONDALE, Colorado – Sales tax revenues are up for the first quarter of 2012, compared to 2010 and 2011, according to Nancy Barnett, the Carbondale finance director.

In a memorandum to the town board of trustees, Barnett reported that sales tax receipts received in January through April have been up by as much as 10 percent.

According to the memo, the town collected $343,599 in sales tax revenues in January, $220,758 in February, $215,432 in March, and $257,218 in April.



By comparison, the amounts collected were higher than for the same months in 2011 by 7.4 percent in January, 10.1 percent in February, 6.6 percent in March and 6.9 percent in April.

Each month’s collections report reflects the previous month’s sales, Barnett explained, so the January 2012 figure reflects December 2011 sales, and so on.



“At first glance this is very encouraging,” Barnett wrote in her memo about the figures. “However, April and May are typically slower sales months and will likely realize less growth over the same periods in 2011.”

About 59 percent of Carbondale’s total revenues come from sales tax, Barnett said.

Because of confidentiality requirements, the town does not provide sales tax revenue data on a per-business basis, but lumps businesses together by category – utilities, manufacturing, wholesale sales, retail sales, rental and leasing, accommodation, food service and “other industry.”

The only retail sector separately identified is medical marijuana sales.

“The board was really wanting us to be specific as to what it was generating,” Barnett said of the industry.

She said the half-dozen or so medical marijuana dispensaries in town generated $35,300 in sales tax revenues in 2011, and $4,800 so far in 2012.

The sales tax collection figures were presented to the Board of Trustees at their regular meeting on Tuesday.

In other action the board:

• Proclaimed Saturday, May 12, to be Arbor Day in Carbondale, in honor of the town’s designation as a “Tree City USA.”

• Approved the use of Promenade Park, a town-owned parcel of land located between the Carbondale Recreation Center and the Rio Grande Trail, for use by Colorado Mountain College as a demonstration garden. The project is part of the college’s Sustainability Program, and was conceived by student Katrina Byars.

• Approved the use of the Recreation Center as a venue for the upcoming Bonedale Bike Week, scheduled for May 14-18.

• Gave conceptual approval for Carbondale homeowners to satisfy the town’s energy-efficiency offset requirements for new homes by signing up with the Clean Energy Collective remote solar array. This approval, the first to come before the town, was for a new home being built by Megan and Charlie Cook in the River Valley Ranch subdivision.

jcolson@postindependent.com


Support Local Journalism

Support Local Journalism

Readers around Glenwood Springs and Garfield County make the Post Independent’s 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.

 

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