Montrose Retail Sales Tax Revenue Up

Jun 20th @ 8:58 am in News by Scott Staley

MontroseCityCouncil

(Montrose, CO)

The City of Montrose is holding its own when it comes to retail sales tax revenue.  That’s a good thing since the 3-percent retail sales tax collected by the city, whenever anyone makes a retail purchase inside city limits, accounts for the bulk of the municipality’s General Fund.  City Finance Director Shani Wittenberg says that the municipality collects approximately $12-million each year.  The first 4-months of 2013 shows an overall increase in retail sales tax of 4.2-percent collected in the city over the same period in 2012.

Wittenberg says that it’s not just retail sales tax that’s increased this year over last year:  the city’s hotel excise tax is up 12.4-percent, construction use tax up 85.8-percent, auto tax up 60-percent, and the restaurant excise tax has risen by 0.4-percent.