County sales tax continues slide in 2010 | SummitDaily.com

County sales tax continues slide in 2010

ROBERT ALLEN
summit daily news

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BRECKENRIDGE – Summit County Government’s sales tax revenue through July this year has been down about 10 percent relative to last year, but financial stability in other areas is keeping the county near budget.

The county collects sales tax from unincorporated (non-town) areas such as Keystone and Copper, but municipalities keep the revenue under a longstanding agreement.

“The county unincorporated is just getting hammered again,” county finance director Marty Ferris said.

She said sales tax numbers in 2009 fell 18 percent from 2008. The county has lost about $1 million in sales tax since 2008, Ferris said.

The general fund is comprised of about 20 percent from sales tax and 29 percent from property tax, with the remainder through fees and permits.

Other revenue areas appear to have stabilized or increased.

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Overall fees through August this year have shown a net increase of about $300,000, including about $52,000 in planning fees and $27,000 in Sheriff’s Office fees.

The county’s group health insurance claims through August have increased about 11.5 percent this year to $3.1 million, but revenues have increased enough to make the county’s fund positive by $500,000.

“Our claims are also tracking to be under the amount we budgeted by at least $750,000. We never know where this fund will end the year, but these are good indicators at this point,” Ferris said in a memo to the commissioners.

The county this year started the Summit County Government miCare Clinic to serve about 900 people including county employees and their dependents. The clinic was started to save money and encourage healthy lifestyles, so it is expected to take more time before the effects are realized.

The county’s general fund, with a $23.5 million budget this year across 30 departments, is pacing to be on budget.

SDN reporter Robert Allen may be contacted at (970) 668-4628 or rallen@summitdaily.com