Dillon sales tax collection slightly down in February | SummitDaily.com

Dillon sales tax collection slightly down in February

summit daily news

DILLON – Despite seeing sales growth for three consecutive months, February’s tax collection was slightly down in Dillon.

According to the Town’s finance manager Carri McDonnell, February funds were down 4.8 percent, or $20,000, in comparison to the same month in 2009. Year-to-date, town collections were down a mere 1.76 percent, a loss which comes in just under $14,000.

McDonnell attributes the dip in this February’s tax in-take to a late-filer in February 2009.

“We’re hoping March and April will be slightly better than January and February, and summer is a really good season for Dillon,” she said.

While sales tax numbers were slightly down for the month and the year, McDonnell reported collections being up in both the restaurants and the retail sectors. Restaurants were up 2 percent for the month, or $1,250; Year-to-date, it was up 4 percent, or $4,700. Retail was up 2 percent for the month, or $5,294; Year-to-date, it up 4 percent, or $20,500.

Lodging was still down however – the sector was down 8.6 percent for the month, or $2,200; Year-to-date, it was down 14.7 percent, or $7,400.

Dillon’s sales tax collection in January 2010 was up 1.5 percent over January 2009, or $5,000. The town’s revenues for December 2009 were up 2.77 percent, and December’s collection had an overall $14,900 increase over 2008.

“We’re still in a status quo,” McDonnell said. “I’m hoping to be flat to 2009 by the end of the year. I’m not too concerned right now.”

If Dillon’s revenues remain flat to 2009 numbers, the town would meet its 2010 budget.

Caitlin Row can be reached at (970) 668-4633 or at crow@summitdaily.com.

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