September 2019 Taxes, Remitted in October 2019

Sales, Use, and Accommodation Tax Report

This City of Steamboat Springs Sales, Use, and Accommodation Tax Report examines tax collections for
the month of September 2019, which were remitted to the City in October 2019.

Sales Tax
September 2019 sales tax collections increased by 7.62% compared to September 2018.
Year-to-date total sales tax collections are 7.83% higher than those of 2018 year-to-date.

Sales Tax Sales Tax % increase/decrease over

September 2019 September 2018 last September
$2,179,323 $2,025,016 7.62%

Sales Tax Sales Tax % increase/decrease over

2019 YTD 2018 YTD prior Year to Date
$20,849,682 $19,336,294 7.83%

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 September 2019 Sales Categories

Construction &
Home Improv. Utilities Sporting Goods
17% 6% 4%
Restaurants
16%
Grocery Stores &
Food Sellers
15%

Liquor Stores
3% Lodging & Miscellaneous Retail
Marijuana 23%
Amenities 2%
14%

September 2018 - September 2019

4,000,000

3,500,000

3,000,000

2,500,000

2,000,000

1,500,000

1,000,000

500,000

0
Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19
Construction & Home Improv. 307,628 244,898 213,230 282,157 170,649 136,896 218,098 187,683 249,712 466,602 292,663 259,446 368,272
Grocery Stores & Food Sellers 308,430 270,007 308,695 546,764 345,678 352,009 365,340 242,559 249,899 306,287 370,399 355,148 320,000
Liquor Stores 67,216 57,138 69,572 107,414 83,267 86,343 85,957 47,065 53,553 68,191 85,376 80,114 65,593
Lodging & Amenities 288,033 132,134 139,063 757,307 810,157 739,030 986,939 105,585 98,093 299,213 427,128 317,017 309,413
Marijuana 43,113 38,342 34,573 50,731 56,266 53,387 55,911 37,512 35,706 42,893 51,534 52,184 50,130
Miscellaneous Retail 461,215 383,774 382,547 713,644 421,542 390,219 512,288 312,166 349,705 509,391 508,521 483,535 505,865
Restaurants 343,429 248,730 211,974 444,837 524,469 508,377 576,518 214,299 223,605 357,439 502,284 435,018 352,957
Sporting Goods 77,877 73,884 81,891 308,668 236,904 224,651 286,596 59,675 49,897 76,863 95,599 119,693 74,797
Utilities 128,075 126,452 158,290 221,507 226,265 209,435 208,470 185,502 135,110 138,328 129,240 131,265 132,296

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 SEPTEMBER COMPARISON BY CATEGORY
2019 2018 % change
Construction & Home Improvement $368,272 $307,628 19.71%
Grocery Stores & Other Food Sellers $320,000 $308,430 3.75%
Liquor Stores $65,593 $67,216 -2.42%
Lodging & Amenities $309,413 $288,033 7.42%
Marijuana $50,130 $43,113 16.28%
Miscellaneous Retail $505,865 $461,215 9.68%
Restaurants $352,957 $343,429 2.77%
Sporting Goods $74,797 $77,877 -3.96%
Utilities $132,296 $128,075 3.30%

Construction & Home Improvement PRIOR YEAR IN COMPARISON 2018-2019

375,000
Tax Revenue

300,000

225,000

150,000

75,000
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

Grocery Stores & Other Food Sellers PRIOR YEAR IN COMPARISON 2018-2019

600,000
Tax Revenue

500,000

400,000

300,000

200,000
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

Liquor Stores PRIOR YEAR IN COMPARISON 2018-2019

125,000
Tax Revenue

100,000

75,000

50,000

25,000
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

Lodging & Amenities PRIOR YEAR IN COMPARISON 2018-2019

1,000,000
Tax Revenue

800,000
600,000
400,000
200,000
0
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

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 Marijuana PRIOR YEAR IN COMPARISON 2018-2019

60,000
Tax Revenue

50,000

40,000

30,000

20,000
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

Miscellaneous Retail PRIOR YEAR IN COMPARISON 2018-2019

750,000
Tax Revenue

600,000

450,000

300,000

150,000
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug

Restaurants PRIOR YEAR IN COMPARISON 2018-2019

600,000
Tax Revenue

450,000

300,000

150,000
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

Sporting Goods PRIOR YEAR IN COMPARISON 2018-2019

375,000
Tax Revenue

300,000
225,000
150,000
75,000
0
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

Utilities PRIOR YEAR IN COMPARISON 2018-2019

250,000
Tax Revenue

200,000

150,000

100,000
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

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 September 2019 Sales Tax By Area

Downtown West Steamboat

20% 18%

Regional
21%

Highway 40 Corridor Mountain

31% 10%

September 2018 - September 2019

4,000,000

3,500,000

3,000,000

2,500,000

2,000,000

1,500,000

1,000,000

500,000

0
Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19
Downtown 440,092 288,487 252,378 497,618 420,492 437,656 520,996 221,157 261,264 424,281 558,044 496,732 436,677
Highway 40 Corridor 634,429 574,768 613,952 1,031,83 758,334 738,049 805,046 457,163 520,965 689,092 828,542 773,650 673,737
Mountain 220,779 94,097 120,227 877,451 953,696 871,389 1,156,31 139,022 67,211 234,383 360,654 268,671 209,513
Regional 359,430 246,183 286,392 652,567 427,824 390,041 498,551 288,689 260,640 526,074 321,504 303,424 462,625
West Steamboat 370,286 371,824 326,887 373,556 314,851 263,213 315,212 286,015 335,200 391,377 394,000 390,945 396,770

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 SEPTEMBER COMPARISON BY AREA
Area 2019 2018 % change
Downtown $436,677 $440,092 -0.78%
Highway 40 Corridor $673,737 $634,429 6.20%
Mountain $209,513 $220,779 -5.10%
Regional $462,625 $359,430 28.71%
West Steamboat $396,770 $370,286 7.15%

Downtown PRIOR YEAR IN COMPARISON 2018-2019

600,000
500,000
Tax Revenue

400,000
300,000
200,000
100,000
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

Highway 40 Corridor PRIOR YEAR IN COMPARISON 2018-2019

1,200,000
1,000,000
Tax Revenue

800,000
600,000
400,000
200,000
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

Mountain PRIOR YEAR IN COMPARISON 2018-2019

1,250,000
1,000,000
Tax Revenue

750,000
500,000
250,000
0
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

Regional PRIOR YEAR IN COMPARISON 2018-2019

700,000
600,000
Tax Revenue

500,000
400,000
300,000
200,000
100,000
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

West Steamboat PRIOR YEAR IN COMPARISON 2018-2019

400,000
Tax Revenue

350,000

300,000

250,000

200,000
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

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Accommodation Tax
September 2019 accommodation tax collections increased by 8.38% compared to September 2018.
Year-to-date accommodation tax collections are 13.89% higher than those of 2018 year-to-date.

Accommodation Tax Accommodation Tax % increase/decrease over

September 2019 September 2018 last September
$77,050 $71,094 8.38%

Accommodation Tax Accommodation Tax % increase/decrease over

2019 YTD 2018 YTD prior Year to Date
$1,016,954 $892,937 13.89%

Accommodation Tax - prior year vs. 2018/2019

275,000
PRIOR YEAR IN COMPARISON

250,000 2018-2019

225,000

200,000

175,000

150,000

125,000

100,000

75,000

50,000

25,000

0
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep

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Building Use Tax
September 2019 building use tax collections increased by 27% compared to September 2018.
Year-to-date building use tax collections are 48% more than those of 2018 year-to-date.

Building Use Tax Building Use Tax % increase/decrease over

September 2019 September 2018 last September
$217,634 $170,698 27%

Building Use Tax Building Use Tax % increase/decrease over

2019 YTD 2018 YTD prior Year to Date
$2,098,173 $1,418,747 48%

Building Use Tax - prior year vs. 2018/2019

700,000

PRIOR YEAR IN COMPARISON

600,000 2018-2019

500,000

400,000

300,000

200,000

100,000

(100,000)
Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
PRIOR YEAR IN
441,507 168,434 230,415 110,528 32,982 92,662 104,796 137,737 208,484 186,197 269,446 215,743 170,698
COMPARISON
2018-2019 170,698 114,278 112,144 177,492 83,931 62,537 78,790 104,267 307,533 419,846 591,540 232,094 217,634

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 Historical Sales Tax Data
Sales Tax Totals - 2003 to 2019
4,000,000

3,500,000

3,000,000

2,500,000

2,000,000

1,500,000

1,000,000

500,000

-
January February March April May June July August September October November December
2003 1,471,061 1,497,398 1,787,877 737,255 708,947 979,861 1,215,159 1,207,373 942,596 842,980 770,632 1,833,614
2004 1,530,388 1,609,507 1,855,895 793,619 744,456 1,097,619 1,325,813 1,209,657 1,112,747 875,854 839,590 2,083,871
2005 1,617,152 1,735,422 1,968,239 803,359 815,925 1,223,263 1,457,514 1,299,302 1,201,406 962,731 961,551 2,369,566
2006 1,811,413 1,861,558 2,322,443 908,584 941,595 1,377,269 1,614,695 1,436,115 1,307,845 1,139,648 1,084,858 2,386,275
2007 2,044,667 2,032,045 2,450,620 1,016,601 1,015,101 1,510,706 1,676,821 1,567,534 1,470,714 1,281,546 1,115,446 2,561,705
2008 2,166,093 2,180,532 2,570,347 999,144 1,077,244 1,500,946 1,728,329 1,612,531 1,440,373 1,244,023 1,030,654 2,354,077
2009 1,900,660 1,767,622 2,022,205 960,333 908,729 1,203,304 1,419,472 1,301,838 1,176,374 967,698 951,706 2,130,350
2010 1,813,155 1,743,152 1,942,237 931,573 853,085 1,204,077 1,462,648 1,300,401 1,235,126 967,688 984,189 2,232,403
2011 1,761,158 1,716,963 2,150,278 907,893 872,240 1,304,067 1,528,476 1,411,387 1,335,629 1,008,207 1,052,340 2,349,674
2012 1,761,959 1,770,126 2,125,388 951,540 941,877 1,383,426 1,559,801 1,461,392 1,328,744 1,048,827 1,049,425 2,249,514
2013 1,919,887 1,916,581 2,242,412 955,334 1,013,860 1,454,259 1,662,137 1,584,036 1,408,659 1,117,302 1,120,256 2,528,232
2014 2,073,559 1,988,146 2,421,883 1,035,139 1,082,596 1,595,084 1,896,956 1,745,617 1,535,341 1,250,229 1,249,980 2,761,147
2015 2,204,914 2,188,460 2,498,079 1,134,521 1,111,391 1,700,528 2,040,035 1,793,173 1,649,280 1,308,089 1,254,026 3,037,872
2016 2,305,654 2,393,003 2,671,088 1,141,125 1,224,092 1,872,237 2,204,610 1,918,639 1,856,102 1,381,059 1,371,298 3,114,157
2017 2,430,806 2,373,850 2,803,582 1,218,821 1,281,468 1,954,591 2,262,248 1,940,174 1,944,314 1,498,906 1,463,625 3,174,646
2018 2,652,979 2,541,248 2,934,990 1,295,502 1,442,962 2,087,513 2,317,494 2,038,591 2,025,016 1,575,359 1,599,835 3,433,028
2019 2,875,197 2,700,347 3,296,117 1,392,046 1,445,279 2,265,207 2,462,744 2,233,421 2,179,323
 30,000,000

Sales Tax Revenue by Year 1997- 2019

2019 Budget
← 25.86 M
Totals by Year
25,000,000
1997 $ 10,672,320
1998 $ 11,559,068
1999 $ 12,218,807
2000 $ 13,304,983
20,000,000 2001 $ 13,921,749
2002 $ 13,841,283
Year-to-date total sales tax collections are 6.27% higher than those of 2017 year 2003 $ 13,994,753
2004 $ 15,079,016
2005 $ 16,415,430
15,000,000
2006 $ 18,192,298
2007 $ 19,743,507
2008 $ 19,904,293
2009 $ 16,710,291
2010 $ 16,669,735
2011 $ 17,398,312
10,000,000
Sales Tax 2012 $ 17,632,019
through 2013 $ 18,922,955
September 2014 $ 20,635,678
2015 $ 21,920,371
2016 $ 23,453,064
5,000,000
2017 $ 24,347,032
2018 $ 25,944,517
* 2019 $ 20,849,682

* 2019 total is year-to-

0 date through September
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

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