Longmont’s retail sale-tax revenue up

LONGMONT – The city of Longmont reported a 10.4 percent increase in sales- and use-tax revenue from transactions in May.

Collections in June, representing sales in May, were $4,415,196, compared with $4,000,048 for the same period a year ago.

Sales tax on retail goods was up 10.8 percent for the month. Use-tax revenue decreased by 0.1 percent compared with the same period a year ago.

Year-to-date, sales-tax revenue is up 5.9 percent compared with the first five months of 2012, and use-tax revenue is down by 2.3 percent.

Lodgers’ tax collected in June, representing stays in May, was up 17.6 percent, at $32,952 this year from $28,022 in 2012. For the year to date, the lodgers’ tax is up 16.4 percent, at $116,961 for the first five months of this year from $100,505 for the first five months of last year.

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