Boulder’s sales-, use-tax revenue up 6.3%

BOULDER – The city of Boulder posted a 6.3 percent increase in sales- and use-tax revenue from October transactions.

Collections in November, representing October sales, were $8,590,192, up from $8,079,535 a year ago.

Construction use-tax revenue was up 85.2 percent for the month of October over the same period the year before. Construction use-tax revenue was $876,749 in October 2013, up from $473,523 in October 2012. In the first 10 months of 2013, construction use-tax revenue was up 45.4 percent over the same period last year.

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The retail sales-tax component, meanwhile, increased 6.52 percent in October. Retail sales-tax collections were $6,591,707 for October, compared with $6,188,194 collected for the same period a year ago. Retail sales-tax revenue remains 5.09 percent ahead of last year on a year-to-date basis at $65,625,188 for the first 10 months of the year.

For the year to date, overall sales- and use-tax revenue is up 7.3 percent. The city has collected $83,049,428 for the first 10 months of the year, compared with $77,431,356 collected for the same period last year.