A measure of sales activity in Grand Junction continues to increase.
The city reported collecting more than $3.7 million in sales taxes in February. That’s an increase of nearly $423,000 and 12.8 percent over the same month last year. The city also received nearly $800,000 as its share of county sales tax collections, a 6.3 percent year-over-year increase.
City use tax collections, a smaller and more volatile source of revenue based on activity in the construction and energy sectors, fell 25.4 percent to $57,482.
February collections reflect January sales.
Through the first two months of 2a021, city sales and use tax collections totaled more than $10.6 million. That’s an increase of almost $490,000 and 4.8 percent over the same span in 2020. Sales tax collections increased 6.1 percent, while use tax collections dropped 42.8 percent.
For all of 2020, the city collected more than $57 million in sales and use taxes, a decrease of $1.1 million and 1.9 percent from 2019.
Lodging tax collections, a measure of hotel and motel stays in Grand Junction, declined in February on a year-over-year basis.
The city collected $59,997 in lodging taxes. That was a decrease of $9,470 and 13.6 percent over the same month last year.
Through the first two months of 2021, the city collected $132,040 in lodging taxes. That was a decline of $33,408 and 20.2 percent from the same span in 2020.