September sales take slight dip in Longmont

LONGMONT – The city of Longmont on Tuesday reported a 1.2 percent decline year over year in sales- and use-tax revenue from transactions in September.

Collections in October, representing sales in September, were $4,118,484, down from $4,166,626 a year ago.

The sales-tax component increased by 2 percent over the same month a year ago, but the use-tax collections decreased by 7.5 percent.

SPONSORED CONTENT

Commercial Solar is a big investment, but not an overwhelming one

Solar offers a significant economic benefit for commercial property owners while also positively impacting the environment and offering a path to compliance for new municipal requirements like Energize Denver. A local, experienced solar installer will help you navigate the complexities of commercial solar to achieve financial success for your project.

Year to date, sales tax revenue is up 5.1 percent, and use tax is up 2 percent.

Lodgers’ tax collections for the period were up 26.6 percent, or $35,038 for the month compared with $27,683 for the same month a year ago. Year to date, the lodgers’ tax is up 18.5 percent, $267,110 compared with $225,332 at this time last year.