Boulder sales-, use-tax revenue up 4.4%
Last Updated: 16:08 January 23, 2014
Collections in December, representing November sales, were $7,549,846, up from $7,229,887 a year ago.
Construction use-tax revenue was down 22.2 percent for the month of November from the same period a year ago. Construction use-tax revenue was $622,491 in November 2013, down from $799,522 in November 2012. For the first 11 months of 2013, construction use-tax revenue was up 36.6 percent over the same period last year.
The retail sales-tax component, meanwhile, increased 7.5 percent in November. Retail sales-tax collections were $6,120,225 for November, compared with $5,693,025 collected for the same period a year ago. Retail sales-tax revenue remains 5.3 percent ahead of last year on a year-to-date basis at $71,745,413 collected for the first 11 months of the year.
Year to date, sales- and use-tax revenue is up 7 percent. The city has collected $90,599,274 for the first 11 months of the year, compared with $84,661,243 collected for the same period last year.
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