April sales tax shows continued growth

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This year, because the Colorado Department of Revenue has been adding in the collection of back taxes from previous years — dating all the way back to 2011 — the sales tax figures for Archuleta County have been unrealistically high.

According to a report issued Tuesday by Archuleta County Finance Director Larry Walton, this trend continued in April, as well.

“On a ‘year to date’ basis (January thru April), 2015 is $376,737 (19.3%) ahead of 2014,” Walton reported. “However, part of that ‘year to date’ increase includes significant collections (about $203,800), related to back taxes, mostly from 2014 and 2013.  With those amounts factored out, the increase in sales tax collections was about $172,937, which translates into a real growth rate of approximately 9% during 2015.  In 2014, the growth rate was approximately 7%.”

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