December 18, 2013

Longmont’s sales-, use-tax revenue up 11%

LONGMONT – The city of Longmont reported an 11 percent increase year over year in sales- and use-tax revenue from transactions in October.

Sales-tax collections in November, representing sales in October, were $4,405,207 up from $3,968,591 for the same period a year ago.

Sales-tax collections increased by 13.7 percent over the same time period a year ago. Use-tax collections decreased by 1.4 percent.

SPONSORED CONTENT

Select your Republic Services residential cart now!

In preparation for Republic Services becoming the primary provider of residential recycling, yard trimmings, and trash, residents should now select the best cart size and service schedule for their household needs.

Year to date, sales-tax revenue is up 6.3 percent, and use tax is up 2.9 percent.

Lodgers’ tax collections for the period were up 45.1 percent, or $35,903 for the month, compared with $24,7433 for the same month a year ago. Year to date, the lodgers’ tax is up 21.2 percent, or $303,014 compared with $250,074 at this time last year.

LONGMONT – The city of Longmont reported an 11 percent increase year over year in sales- and use-tax revenue from transactions in October.

Sales-tax collections in November, representing sales in October, were $4,405,207 up from $3,968,591 for the same period a year ago.

Sales-tax collections increased by 13.7 percent over the same time period a year ago. Use-tax collections decreased by 1.4 percent.

Year to date, sales-tax revenue is up 6.3 percent, and use tax is up 2.9 percent.

Lodgers’ tax collections for the period were up 45.1 percent, or $35,903 for the month, compared with $24,7433 for the same month a year ago.…

Categories:
Sign up for BizWest Daily Alerts