July sales tax numbers soar in town and on the mountain
Mt. Crested Butte sales tax collections up 24 percent
Written by Mike Horn & Mark Reaman |
Wednesday, 01 September 2010
It’s been a while since there was good news to report on the sales tax front. In July, though, the busy vibe was downright palpable, and now the numbers are in to confirm it. In fact, both Crested Butte and Mt. Crested Butte are reporting that this July was unprecedented for sales tax collections. The businesses in both towns say it was strong as well.
On the mountain, town finance director Karl Trujillo said there was $2,381,000 in taxable sales in July, which equated to $119,057 collected in sales tax. That’s $22,871 better than what was budgeted, according to Trujillo, and 24 percent up from last year. He said restaurants, retail and lodging were all up—lodging in particular was up 38 percent.
Justin Hastings, co-owner of the Store and Treasury Liquors, confirmed, “July was a good month, though it took a while for things to kick in up here.” Because the store was closed last year during July following a structure fire, Hastings couldn’t draw parallels to last July. However, he said, “The Fourth of July was great up here and great for business. It was nice to see some people up on the mountain. Every weekend in July there were tons of weddings.”
Hastings also said the first two weeks of August felt similarly busy to July, and things started to drop off once kids from Texas and Oklahoma headed back to school mid-month. He’s looking forward to the Fall Festival of Beers on September 11, and thinks the additions of a bigger name band and a downhill biking event will be very complementary and add to the draw.
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