Tag: colorado springs finance department
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Colorado Springs hotels, restaurants join in recovery as sales tax collections climb
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Already strong consumer spending in Colorado Springs shifted into overdrive in June, with hotels and restaurants joining the party as the city’s recovery from the COVID-19 pandemic continued to gain traction. Revenue from the city’s 2% sales tax in June, which came from sales in…
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Colorado Springs hotels, restaurants join in recovery as sales tax collections climb
Already strong consumer spending in Colorado Springs shifted into overdrive in June, with hotels and restaurants joining the party as the city’s recovery from the COVID-19 pandemic continued to gain traction. Revenue from the city’s 2% sales tax in June, which came from sales in May, surged 30.4% from June 2020 — when many businesses…
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Colorado Springs sales tax collections rise again despite pandemic
Colorado Springs sales tax revenues rose again last month as construction industry purchases remained strong and consumers ramped up spending heading into the holiday shopping season. Sales tax revenues in December, which were collected on November purchases, climbed 8.4% to $15 million on a year-over-year basis, according to a report by the Colorado Springs Finance…