June Sales Tax Collections up 8.3%

Collections of the City of Salida’s 3% sales tax for the month of June totaled $517,900. This represents an increase of $39,648, or 8.3%, from June 2015. Year-to-date collections totaled $2,388,170 which was $156,791 or 7.0% greater than the YTD for same period a year ago.

Please review the full “Sales Tax Trend Report” for further details. In addition to data about sales tax, the most important revenue source for general government operations, it includes total revenues and expenditures, cash balances and financing obligations of the general fund. The report can be accessed at a “quick link” on the home page or through the financial documents page.

Salida’s share of the Chaffee County tax for June was $178,282, an increase of $21,012 or 13.4%.  Year-to-date collections totaled $775,418, which was $60,373 or 8.4% greater than the same period a year ago.

The Financial Documents page includes other financial reports in compliance with requirements of the Colorado Revised Statutes and many additional reports above and beyond the statutory requirements.